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Sandeep Sinha

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Silver futures gain 0.35% to Rs 62,315 per kg on weaker dollar

BUSINESS

Silver futures gain 0.35% to Rs 62,315 per kg on weaker dollar

In the futures market, silver for December delivery touched an intraday high of Rs 62,350 and a low of Rs 61,662 per kg on the MCX.

Crude oil futures fall 0.57% to Rs 2,978 per barrel on demand concern

BUSINESS

Crude oil futures fall 0.57% to Rs 2,978 per barrel on demand concern

Experts expect crude oil prices to trade sideways to up with support at $39 and resistance at $42. MCX Crude oil November has support at Rs 2,970 and resistance at Rs 3,060.

Silver futures surge 1.86% to Rs 62,825 per kg on positive global cues

BUSINESS

Silver futures surge 1.86% to Rs 62,825 per kg on positive global cues

In the futures market, silver for December delivery touched an intraday high of Rs 62,851 and a low of Rs 61,177 per kg on the MCX.

Copper futures trade weak at Rs 529.10 per kg; expert sees bullish trend ahead

BUSINESS

Copper futures trade weak at Rs 529.10 per kg; expert sees bullish trend ahead

In the futures market, copper for October delivery touched an intraday high of Rs 530.50 and a low of Rs 527.05 per kg on the MCX.

Gold prices rise Rs 242 to Rs 50,905/10 gm, silver up Rs 1,399/kg

BUSINESS

Gold prices rise Rs 242 to Rs 50,905/10 gm, silver up Rs 1,399/kg

Silver prices jumped Rs 1,399 to Rs 61,558 per kg from its closing on October 15.

Cotton price touches fresh high of Rs 19,340 per bale in October futures

BUSINESS

Cotton price touches fresh high of Rs 19,340 per bale in October futures

In the futures market, cotton for October delivery touched an intraday high of Rs 19,340 and an intraday low of Rs 19,070 per bale on the MCX.

Crude oil futures slip 0.87% to Rs 2,968 per barrel on weak demand

BUSINESS

Crude oil futures slip 0.87% to Rs 2,968 per barrel on weak demand

In the futures market, crude oil for October delivery touched an intraday high of Rs 2,994 and a low of Rs 2,952 per barrel on the MCX

Silver futures trade firm at Rs 61,850 per kg; experts see further upside

BUSINESS

Silver futures trade firm at Rs 61,850 per kg; experts see further upside

Silver has been stuck in a broad range as market players await more clarity on US stimulus.

Copper futures trade weak at Rs 523.45 per kg

BUSINESS

Copper futures trade weak at Rs 523.45 per kg

In the futures market, copper for October delivery touched an intraday high of Rs 527.40 and a low of Rs 521.30 per kg on the MCX.

Gold prices steady at Rs 50,663 per 10 gram, silver declines by Rs 571 per kg

BUSINESS

Gold prices steady at Rs 50,663 per 10 gram, silver declines by Rs 571 per kg

The gold/silver ratio currently stands at 84.21 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures plummet over 2% to Rs 2,938 per barrel on lockdown fears

BUSINESS

Crude oil futures plummet over 2% to Rs 2,938 per barrel on lockdown fears

In the futures market, crude oil for October delivery touched an intraday high of Rs 3,016 and a low of Rs 2,929 per barrel on the MCX

Silver futures plunge over 2% to Rs 60,278 per kg, more downside likely

BUSINESS

Silver futures plunge over 2% to Rs 60,278 per kg, more downside likely

Technically, LBMA Silver Spot is trading on a flat note and trading below 21 as well as 50-Daily Moving Average indicating a negative trend in the counter.

Cotton futures trade flat at Rs 19,100 per bale in afternoon trade

BUSINESS

Cotton futures trade flat at Rs 19,100 per bale in afternoon trade

In the futures market, cotton for October delivery touched an intraday high of Rs 19,120 and a low of Rs 19,010 per bale on the MCX

Copper futures trade flat at Rs 525.10 per kg in evening trade

BUSINESS

Copper futures trade flat at Rs 525.10 per kg in evening trade

In the futures market, copper for October delivery touched an intraday high of Rs 528 and a low of Rs 524.50 per kg on the MCX.

Gold prices fall sharply to Rs 50,627 per 10 gram, silver tanks Rs 1,458 per kg

BUSINESS

Gold prices fall sharply to Rs 50,627 per 10 gram, silver tanks Rs 1,458 per kg

Silver prices plunged Rs 1,458 to Rs 60,738 per kg from its closing on October 13.

Crude oil futures fall 1.25% to Rs 2,921 per barrel on weak demand

BUSINESS

Crude oil futures fall 1.25% to Rs 2,921 per barrel on weak demand

The Organization of the Petroleum Exporting Countries (OPEC), in its monthly report, cut its global oil demand forecast as coronavirus cases continue to rise. In the futures market, crude oil for October delivery touched an intraday low of Rs 2,918 per barrel on the MCX.

Silver futures trade firm at Rs 61,080/kg, faces resistance near Rs 62,000 levels

BUSINESS

Silver futures trade firm at Rs 61,080/kg, faces resistance near Rs 62,000 levels

In the futures market, silver for December delivery touched an intraday high of Rs 61,250 and a low of Rs 60,601 per kg on the MCX.

Cotton futures trade firm at Rs 19,140 per bale on positive global cues

BUSINESS

Cotton futures trade firm at Rs 19,140 per bale on positive global cues

In the futures market, cotton for October delivery touched an intraday high of Rs 19,220 and an intraday low of Rs 18,940 per bale on the MCX

Copper futures trade weaker at Rs 525.30 per kg on firm dollar

BUSINESS

Copper futures trade weaker at Rs 525.30 per kg on firm dollar

Copper is trading on a negative note where it has bounced back from its 21-Daily Moving Average which is placed at $6,655 levels, indicating sideways momentum in the counter.

Gold prices steady at Rs 51,147/10 gm on subdued global cues

BUSINESS

Gold prices steady at Rs 51,147/10 gm on subdued global cues

Silver prices declined Rs 418 to Rs 62,188 per kg from its closing on October 12.

Cotton price touches new high of Rs 19,040 for October futures, further upside likely

BUSINESS

Cotton price touches new high of Rs 19,040 for October futures, further upside likely

He said that exports had shown recovery in the global market in the past weeks, as the Cotton Corporation of India (CCI) focuses on boosting exports from India, which could limit any major downside movement.

Crude oil futures up 2.04% to Rs 2,948, WTI trades above $40 a barrel

BUSINESS

Crude oil futures up 2.04% to Rs 2,948, WTI trades above $40 a barrel

Crude prices are supported by the gains in the US equity markets amid general optimism about a stimulus

Silver futures fall 0.32% to Rs 62,871 per kg on firm dollar

BUSINESS

Silver futures fall 0.32% to Rs 62,871 per kg on firm dollar

The spot gold/silver ratio currently stands at 76.80 to 1 indicating that gold has outperformed silver.

Copper futures rise marginally to Rs 530.25 per kg in evening trade

BUSINESS

Copper futures rise marginally to Rs 530.25 per kg in evening trade

MCX Copper October is trading above its 21 as well as 50 Daily Moving Average where it is also sustaining above 526 levels indicating a positive breath in the counter, said Qureshi.

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