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Sandeep Sinha

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Gold prices slip for third day in a row to touch Rs 50,327 per 10 gram; silver tanks Rs 1,059

BUSINESS

Gold prices slip for third day in a row to touch Rs 50,327 per 10 gram; silver tanks Rs 1,059

The broader trend on COMEX could be in the range of $1880- 1920 and on the domestic front, prices could hover in the range of Rs 49,660-50,780.

Crude oil futures erase early losses, trade firm at Rs 2,940 per barrel

BUSINESS

Crude oil futures erase early losses, trade firm at Rs 2,940 per barrel

In the futures market, crude oil for October delivery touched an intraday high of Rs 2,956 and an intraday low of Rs 2,894 per barrel on MCX.

Nickel futures firm at Rs 1,067 per kg in evening trade

BUSINESS

Nickel futures firm at Rs 1,067 per kg in evening trade

In the futures market, nickel for September delivery touched an intraday high of Rs 1,073.90 and a low of Rs 1,058.40 per kg on the MCX.

Gold prices drop by Rs 658 to Rs 50,683; silver rates fall to Rs 59,959 per kg

BUSINESS

Gold prices drop by Rs 658 to Rs 50,683; silver rates fall to Rs 59,959 per kg

The gold/silver ratio currently stands at 84.52 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures gain over 2% to Rs 2,951, Brent trades near $42 a barrel

BUSINESS

Crude oil futures gain over 2% to Rs 2,951, Brent trades near $42 a barrel

In the futures market, crude oil for October delivery touched an intraday high of Rs 2,956 and an intraday low of Rs 2,895 per barrel on MCX.

Silver futures slip to Rs 60,357 per kg on weak global cues, down nearly 21% from August high

BUSINESS

Silver futures slip to Rs 60,357 per kg on weak global cues, down nearly 21% from August high

In the futures market, silver for December delivery touched an intraday high of Rs 61,990 and a low of Rs 59,570 per kg on the MCX.

Gold falls below Rs 50,000/10 gm, silver tanks 10%; what should investors do now?

BUSINESS

Gold falls below Rs 50,000/10 gm, silver tanks 10%; what should investors do now?

Those who missed the sharp rally may have a reason to cheer. Sunilkumar Katke, Head of Commodities and Currency at Axis Securities, said, “Looks like we may see Rs 48,500 levels on gold and Rs 61,000 on silver."

Gold prices ease to Rs 51,341/10 gm on stronger dollar, silver plunges Rs 1,764/kg

BUSINESS

Gold prices ease to Rs 51,341/10 gm on stronger dollar, silver plunges Rs 1,764/kg

Navneet Damani of Motilal Oswal expects COMEX and domestic prices to hover around $1,915-1,955 per troy ounce and Rs 50,950-51,700 per 10 gm range, respectively

Copper futures fall 0.58% to Rs 533.75 per kg on strong dollar

BUSINESS

Copper futures fall 0.58% to Rs 533.75 per kg on strong dollar

In the futures market, copper for September delivery touched an intraday high of Rs 539.80 and a low of Rs 532.50 per kg on the MCX.

Crude oil futures down 1.8% to Rs 2,939, WTI trades above $40 a barrel

BUSINESS

Crude oil futures down 1.8% to Rs 2,939, WTI trades above $40 a barrel

In the futures market, crude oil for September delivery touched an intraday high of Rs 3,029 and a low of Rs 2,931 per barrel on the MCX

Cotton futures up 0.28% to Rs 17,930 per bale in afternoon session

BUSINESS

Cotton futures up 0.28% to Rs 17,930 per bale in afternoon session

In the futures market, cotton for October delivery touched an intraday high of Rs 18,000 and an intraday low of Rs 17,930 per bale on the MCX.

Gold rises Rs 109 to Rs 51,620 per 10 gram, up 0.35% for the week

BUSINESS

Gold rises Rs 109 to Rs 51,620 per 10 gram, up 0.35% for the week

Navneet Damani, Vice President, Motilal Oswal, sees domestic prices hovering in the range of Rs 51,060-51,950 per 10 gram

Crude oil futures down 0.17% to Rs 3,019, WTI trades above $41 a barrel

BUSINESS

Crude oil futures down 0.17% to Rs 3,019, WTI trades above $41 a barrel

In the futures market, crude oil for September delivery touched an intraday high of Rs 3,042 and a low of Rs 3,002 per barrel on the MCX

Natural gas futures slump 2.65% to Rs 146.70 per mmBtu on buildup in US inventory

BUSINESS

Natural gas futures slump 2.65% to Rs 146.70 per mmBtu on buildup in US inventory

In the futures market, natural gas for September delivery touched an intraday high of Rs 148.20 and a low of Rs 143.50 per mmBtu on the MCX

Gold prices slip marginally to Rs 51,797 per 10 gram, silver down Rs 875 per kg

BUSINESS

Gold prices slip marginally to Rs 51,797 per 10 gram, silver down Rs 875 per kg

The gold/silver ratio currently stands at 78.61 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures up nearly 2% at Rs 2,884 per barrel on sharp drawdown in US inventory

BUSINESS

Crude oil futures up nearly 2% at Rs 2,884 per barrel on sharp drawdown in US inventory

In the futures market, crude oil for September delivery touched an intraday high of Rs 2,896 and an intraday low of Rs 2,845 per barrel on MCX.

Soybean futures dip marginally to Rs 3,886.37 per quintal on weak demand

BUSINESS

Soybean futures dip marginally to Rs 3,886.37 per quintal on weak demand

In the futures market, Soybean for September delivery touched an intraday high of Rs 3,910 and an intraday low of Rs 3,856 per quintal on NCXEX.

Copper futures firm at Rs 532.30 per kg on strong demand

BUSINESS

Copper futures firm at Rs 532.30 per kg on strong demand

In the futures market, copper for September delivery touched an intraday high of Rs 532.90 and a low of Rs 528.80 per kg on the MCX.

Gold prices rise to Rs 51,893 ahead of Fed meeting; silver up by Rs 1,535 per kg

BUSINESS

Gold prices rise to Rs 51,893 ahead of Fed meeting; silver up by Rs 1,535 per kg

The price of the yellow metal may remain sideways to positive amid lack of clear cues.

Crude palm oil firm at around Rs 785 per 10 kg in afternoon trade

BUSINESS

Crude palm oil firm at around Rs 785 per 10 kg in afternoon trade

In the futures market, Crude Palm Oil (CPO) for September delivery touched an intraday high of Rs 786.80 and an intraday low of Rs 779.80 per 10 kg on MCX.

Crude oil futures rise 1.67% to Rs 2,794, Brent trades above $40 a barrel

BUSINESS

Crude oil futures rise 1.67% to Rs 2,794, Brent trades above $40 a barrel

In the futures market, crude oil for September delivery touched an intraday high of Rs 2,795 and an intraday low of Rs 2,727 per barrel on the MCX

Copper futures trade firm at nearly Rs 527 a kg on strong demand

BUSINESS

Copper futures trade firm at nearly Rs 527 a kg on strong demand

In the futures market, copper for September delivery touched an intraday high of Rs 528.20 and a low of Rs 524.50 per kg on the MCX.

Indian commodity warehousing industry has come of age, says SLCM's Sandeep Sabharwal

BUSINESS

Indian commodity warehousing industry has come of age, says SLCM's Sandeep Sabharwal

In a country like India where post-harvest losses are pegged at 10 percent, SLCM has been instrumental in devising a technology that has cut post-harvest losses to 0.5 percent irrespective of infrastructure, crop, or geographic location, says the CEO

Gold prices slip marginally to Rs 51,394 per 10 gram, silver down Rs 201 per kg

BUSINESS

Gold prices slip marginally to Rs 51,394 per 10 gram, silver down Rs 201 per kg

The uncertainty over BREXIT withdrawal, US-China tensions and rising coronavirus cases has kept risk premium high in the gold prices.

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