BUSINESS
Natural gas top-performing commodity in 2021, prices jump over 100% so far
The gas price has been trading higher than the 5, 20, 50, 100, and 200-day simple moving averages and exponential moving averages on a daily chart.
BUSINESS
Gold prices edged lower for 2nd day to Rs 47,203/10 gm on dollar uptick; silver rises 314 a kg
The Broader range on COMEX could be between $1780- 1830 and on the domestic front, prices could hover in the range of Rs 46,890- 47,400, said Damani.
BUSINESS
Silver prices slightly up on rupee depreciation, subdued trend in gold
The spot gold-silver ratio stands at 73.81 to 1, indicating that silver has outperformed gold.
BUSINESS
Natural gas futures edged higher on firm demand
The commodity has been trading higher than 20, 50, 100, and 200 days' moving averages but lower than the 5-day moving average on the daily chart.
BUSINESS
Gold prices dip to Rs 47,399/10 gm on weak global cues, firm dollar; silver slides Rs 822 a kg
Patel expects gold prices to trade sideways to down with COMEX spot gold resistance at $1833 and support at $1805 per ounce.
BUSINESS
Silver prices fall below Rs 65,000 per kg on weakness in industrial metal, gold rates
Technically, LBMA Silver above $24 level could see $25.10-25.44 levels while support is at $23.20-22.70 levels.
BUSINESS
Natural gas futures flat amid lack of fresh cues
Natural gas may witness choppy trade amid lack of fresh triggers however slow production recovery in the US may keep prices supported, said Kotak Securities.
BUSINESS
Gold prices rise to Rs 47,534/10 gm on rupee downtick; silver climbs Rs 1,482 a kg
Gold may witness choppy trade amid mixed factors however general weakness in the US dollar may continue to support.
BUSINESS
Crude oil prices lower on demand concerns; WTI trades below $69 a barrel
The momentum indicator Relative Strength Index (RSI) is at 48.15, which indicates sideways movement in the prices.
BUSINESS
Silver prices up marginally on weak rupee, trade above short-term averages
The momentum indicator Relative Strength Index (RSI) is at 56.79, which suggests a buy.
BUSINESS
Natural gas futures hit fresh 52-week high; trading above key averages
The commodity has been trading higher than 5, 20, 50, 100, and 200 days' simple moving averages and exponential moving averages on the daily chart.
BUSINESS
Gold outlook: Precious metal likely to trade sideways in coming week; money managers raise net long position
Gold ETF holdings continued to decline as holdings at SPDR Gold Shares fell to 998.52 tonnes from the previous week’s 1,002 tonnes
BUSINESS
Natural gas prices gain over 6% this week; experts expect further upside
The gas prices need to cross the immediate resistance of Rs 350 to continue the ongoing trend on the upside.
BUSINESS
Gold prices rise to Rs 47,279 per 10 gm on weak rupee; silver tumbles by Rs 330 a kg
The broader range on COMEX could be $1,795-1,825, and on the domestic front, prices could hover in the range of Rs 46,930-47,435.
BUSINESS
Silver prices decline on weak gold cues, stronger US dollar
The momentum indicator Relative Strength Index (RSI) is at 45.64, which suggests a sell in the price.
BUSINESS
Natural gas futures surge on low supply, warm weather; trade above major averages
The commodity has been trading higher than its 5, 20, 50, 100, and 200 days' simple moving averages and exponential moving averages on the daily chart.
BUSINESS
Gold prices fall to Rs 47,239 per 10 gm on rupee uptick; silver slumps by Rs 402 a kg
The broader range on COMEX could be $1800-1830 and on the domestic front, prices could hover in the range of Rs 46,980- 47,575.
BUSINESS
Natural gas futures flat on subdued global trend, profit booking
The momentum indicator RSI is at 63.96, which suggests strength in the price.
BUSINESS
Gold prices jump to Rs 47,478/10 gm, silver climbs Rs 866 a kg
"Gold prices may trade higher on the dovish Fed stance with pandemic worries and slower economic growth with inflation concerns," said Tapan Patel- Senior Analyst (Commodities) at HDFC Securities.
BUSINESS
Silver prices slip amid lack of fresh triggers, choppy trade in gold, dollar
The spot gold-silver ratio stands at 75.58 to 1, indicating that silver has outperformed gold.
BUSINESS
Natural gas futures hit fresh 52-week high; bullish momentum expected
The commodity has been trading higher than 5, 20, 50, 100, and 200 days' simple moving averages and exponential moving averages on the daily chart.
BUSINESS
Gold prices fall for third day on sharp rally in rupee; silver corrects by Rs 292/kg
According to Kotak Securities' Ravindra Rao, gold may continue to trade firm amid risk aversion in the market and a fall may come only if Fed Chairman sounds too hawkish.
BUSINESS
Crude oil price rises on storm concerns, Brent jumps above $71 a barrel
Crude oil prices are expected to trade sideways to higher for the day with resistance at $72 and support at $67 per barrel.
BUSINESS
Silver price rises marginally backed by firm industrial metal, gold; trades below key averages
Technically, LBMA Silver above the $23.50 level could see $24.10-$25.22 levels. Support is at $23.40-$22.65 levels.
