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Sandeep Sinha

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Gold price rises to Rs 51,156/10 gm on rupee depreciation, silver jumps Rs 1,500 a kg

BUSINESS

Gold price rises to Rs 51,156/10 gm on rupee depreciation, silver jumps Rs 1,500 a kg

Silver prices climbed to Rs 62,606 per kg from its close on October 9. The trend in the US dollar has been a key price-determining factor for gold in the last few days, with a focus on the expected stimulus from the US government.

Silver futures trade firm at Rs 63,365 per kg on strong demand

BUSINESS

Silver futures trade firm at Rs 63,365 per kg on strong demand

In the futures market, silver for December delivery touched an intraday high of Rs 64,122 and a low of Rs 62,962 per kg on the MCX.

Crude oil futures slip nearly 1% to Rs 2,932 a barrel on weak demand, experts see further downside

BUSINESS

Crude oil futures slip nearly 1% to Rs 2,932 a barrel on weak demand, experts see further downside

Crude oil prices traded lower amid oversupply fears as production resumed in Libya and Norway at a time when demand recovery is stalling.

Cotton price touches fresh high of Rs 18,850 per bale in October series

BUSINESS

Cotton price touches fresh high of Rs 18,850 per bale in October series

In the futures market, cotton for October delivery touched an intraday high of Rs 18,850 and an intraday low of Rs 18,660 per bale on the MCX.

Copper futures trade higher at Rs 520.35 per kg on positive global cues

BUSINESS

Copper futures trade higher at Rs 520.35 per kg on positive global cues

In the futures market, copper for October delivery touched an intraday high of Rs 521 and a low of Rs 508.10 per kg on the MCX.

Gold prices fall sharply to Rs 50,287/10 gm, silver tanks Rs 2,240/kg

BUSINESS

Gold prices fall sharply to Rs 50,287/10 gm, silver tanks Rs 2,240/kg

Silver prices plunged Rs 2,240 to Rs 58,872 per kg from its closing on October 6

Crude oil futures slump 1.82% to Rs 2,918/bbl on jump in US crude stocks

BUSINESS

Crude oil futures slump 1.82% to Rs 2,918/bbl on jump in US crude stocks

In the futures market, crude oil for October delivery touched an intraday high of Rs 2,965 and a low of Rs 2,910 per barrel on the MCX

Cotton futures trade firm at Rs 18,320 per bale

BUSINESS

Cotton futures trade firm at Rs 18,320 per bale

In the futures market, cotton for October delivery touched an intraday high of Rs 18,390 and a low of Rs 18,280 per bale on the MCX

Silver futures decline 1.24% to Rs 59,820 per kg on strong dollar

BUSINESS

Silver futures decline 1.24% to Rs 59,820 per kg on strong dollar

In the futures market, silver for December delivery touched an intraday high of Rs 60,380 and a low of Rs 59,440 per kg on the MCX.

Gold back above Rs 51,000 per 10 gram after 14 days, silver crosses Rs 61,000/kg

BUSINESS

Gold back above Rs 51,000 per 10 gram after 14 days, silver crosses Rs 61,000/kg

Navneet Damani of Motilal Oswal, said the broader trend on COMEX could be in the range of $1,895-1,930 per troy ounce. "In the domestic market, prices could hover in the range of Rs 50,220-50,950."

Zinc futures trade firm at Rs 188.50 per kg, further upside seen

BUSINESS

Zinc futures trade firm at Rs 188.50 per kg, further upside seen

In the futures market, zinc for October delivery touched an intraday high of Rs 189 and a low of Rs 185.70 per kg on the MCX. Higher stocks at LME and widening supply surplus may cap the upside.

Copper futures trade firm at Rs 511.15/kg on a weaker dollar

BUSINESS

Copper futures trade firm at Rs 511.15/kg on a weaker dollar

In the futures market, copper for October delivery touched an intraday high of Rs 513.70 and a low of Rs 509.60 per kg on the MCX

Cotton futures trades weak at Rs 18,250/bale; is it a technical buy?

BUSINESS

Cotton futures trades weak at Rs 18,250/bale; is it a technical buy?

In the futures market, cotton for October delivery touched an intraday high of Rs 18,300 and an intraday low of Rs 18,190 per bale on the MCX.

Crude oil futures trade higher at Rs 2,902/bbl on positive global cues

BUSINESS

Crude oil futures trade higher at Rs 2,902/bbl on positive global cues

OPEC is also reluctant to increase oil production from January 2021 in an attempt to counter the weak demand

Silver futures trade steady at Rs 61,975 per kg

BUSINESS

Silver futures trade steady at Rs 61,975 per kg

In the futures market, silver for December delivery touched an intraday high of Rs 62,230 and a low of Rs 61,713 per kg on the MCX

Cotton futures trade weaker at Rs 18,210 per bale in evening trade

BUSINESS

Cotton futures trade weaker at Rs 18,210 per bale in evening trade

In the futures market, cotton for October delivery touched an intraday high of Rs 18,210 and an intraday low of Rs 18,060 per bale on the MCX. Participants expect Indian cotton exports to surge.

Copper futures trade firm at Rs 507.95 per kg on weak dollar

BUSINESS

Copper futures trade firm at Rs 507.95 per kg on weak dollar

In the futures market, copper for October delivery touched an intraday high of Rs 513.40 and a low of Rs 503.65 per kg on the MCX. Copper could trade sideways on marginal downside momentum.

Gold prices rise to Rs 50,498 per 10 gram on weaker rupee; silver climbs Rs 847 per kg

BUSINESS

Gold prices rise to Rs 50,498 per 10 gram on weaker rupee; silver climbs Rs 847 per kg

Market uncertainty over US stimulus and surging coronavirus cases has kept premium high in bullion prices

Crude palm oil futures trade weaker at Rs 752.40 per 10 kg, further downside seen

BUSINESS

Crude palm oil futures trade weaker at Rs 752.40 per 10 kg, further downside seen

In the futures market, crude palm oil for October delivery touched an intraday high of Rs 758.90 and an intraday low of Rs 747.20 per 10 kg on MCX.

Crude oil futures fell 0.39% to Rs 2,826, WTI trades below $39 a barrel

BUSINESS

Crude oil futures fell 0.39% to Rs 2,826, WTI trades below $39 a barrel

In the futures market, crude oil for October delivery touched an intraday high of Rs 2,831 and an intraday low of Rs 2,760 per barrel on the MCX.

Silver futures drop 0.33% to Rs 60,943 per kg in afternoon trade

BUSINESS

Silver futures drop 0.33% to Rs 60,943 per kg in afternoon trade

In the futures market, silver for December delivery touched an intraday high of Rs 61,149 and a low of Rs 60,259 per kg on the MCX.

Copper futures slump 3.56% to Rs 506.50 per kg on weak global cues

BUSINESS

Copper futures slump 3.56% to Rs 506.50 per kg on weak global cues

In the futures market, copper for October delivery touched an intraday high of Rs 526.50 and a low of Rs 506.20 per kg on the MCX.

Crude oil futures drop 1.36% to Rs 2,894 per barrel on weak demand

BUSINESS

Crude oil futures drop 1.36% to Rs 2,894 per barrel on weak demand

In the futures market, crude oil for October delivery touched an intraday high of Rs 2,973 and a low of Rs 2,882 per barrel on the MCX

Gold trades steady for the second straight day at Rs 50,413/10 gm, silver slips Rs 710/kg

BUSINESS

Gold trades steady for the second straight day at Rs 50,413/10 gm, silver slips Rs 710/kg

The rate of 10 gram 18, 22 and 24-carat gold in Mumbai was Rs 37,810, Rs 46,178 and Rs 50,413, respectively, plus 3 percent Goods & Service Tax (GST).

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