BUSINESS
Natural gas futures firm, trading above major 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 prices slip for second day to Rs 47,350 per 10 gm on firm rupee; silver slides
The gold-silver ratio stands at 74.88 to 1, which means 74.88 ounces of silver are required to buy an ounce of gold.
BUSINESS
Crude oil prices decline on fuel demand worries; WTI trades below $68 a barrel
Crude oil prices are expected to trade sideways to up for the day with resistance at $69 and support at $65 per barrel.
BUSINESS
Silver prices fall to Rs 63,000 a kg on muted trend in gold, dollar ahead of Jackson Hole symposium
The outflow in ETF due to weak investor interest, a slowdown in the Chinese economy and manufacturing activities globally continue to weigh on silver prices.
BUSINESS
Natural gas futures trade marginally up ahead of inventory report
Technically, NYMEX Natural Gas could trade in a range of $3.80-$4.050 levels.
BUSINESS
Gold prices dip to Rs 47,448 per 10 gram on risk appetite, dollar uptick; silver slips by Rs 977 a kg
The broader range on COMEX could be $1780-1825 and on the domestic front, prices could hover in the range of Rs 47,220- 47,820.
BUSINESS
Silver prices decline on tepid demand , weak gold; resistance at Rs 64,000 level
Technically, LBMA silver is above the $23.50 level could see momentum up to $24.10-$25.22 levels whereas support is at $23.40-$22.65 levels, said Iyer.
BUSINESS
Natural gas futures flat amid lack of fresh triggers; bias remains on downside
The momentum indicator RSI is at 50.96, which suggests a sideways movement in the price.
BUSINESS
Gold prices rise for third day to Rs 47,710 per 10 gm; silver up by Rs 745 a kg
The gold-silver ratio currently stands at 75.19 to 1, which means 75.19 ounces of silver are required to buy an ounce of gold.
BUSINESS
Silver prices marginally up amid lackluster movement in gold, firm dollar; support at Rs 61,400
The spot gold-silver ratio stands at 76.14 to 1, indicating that silver has outperformed gold.
BUSINESS
Natural gas futures marginally gain amid lack of fresh trigger; likely to trade choppy
The momentum indicator RSI is at 53.25, which suggests a neutral movement in the price.
BUSINESS
Gold prices rise marginally to Rs 47,411/10 gm on safe-haven buying, dollar downtick; Silver jumps Rs 472 a kg
Gold may continue within a narrow range amid mixed factors however a sharp rise is unlikely until it breaks past the $1800/oz level, said Rao.
BUSINESS
Silver prices rise on firm gold and industrial metals; dollar slips
The momentum indicator Relative Strength Index (RSI) is at 34.92, which suggest weaker movement in the price
BUSINESS
Natural gas futures rise on positive global cues, decline in US rig count
The momentum indicator RSI is at 51.39, which suggests a sideways movement in the price.
BUSINESS
Gold prices rise to Rs 47,329 per 10 gm on rupee depreciation; silver slips by Rs 1,108 a kg
Gold may remain sideways to positive as support from safe-haven buying counters Fed's monetary tightening debate, say experts.
BUSINESS
Crude oil prices dip over 7% this week on demand concerns, firm dollar; WTI trades near $63/bbl
Crude may trade under pressure amid increasing demand concerns however any stability in the US equity market could keep a floor to prices, said Rao.
BUSINESS
Silver prices dip below Rs 62,000 a kg on dollar uptick; Gold-silver ratio nears 77
The semi-precious metal has been trading lower than 5, 20, 50, 100 and 200 days’ simple moving averages and exponential moving averages on the daily chart.
BUSINESS
Natural gas futures jump on dip buying, higher demand
The commodity has been trading higher than 5, 50, 100, and 200 days' moving averages but lower than the 20-day moving averages on the daily chart.
BUSINESS
Gold prices drop by Rs 307 to Rs 47,276 per 10 gm ahead of FOMC minutes; silver falls by Rs 595
Technically, LBMA Gold is trading near 21-Daily Moving Average, which is placed at $1,789 levels above which it will continue its uptrend up to $1802-$1821 levels.
BUSINESS
Silver prices rise marginally on dollar slide; Fed minutes eyed
Technically, MCX Silver September above Rs 63,000 level could see Rs 63,900-Rs 64,400 levels.
BUSINESS
Natural gas futures slip on weak global cues
Technically NYMEX Natural Gas could trade in the range of $3.950-$3.950 levels.
BUSINESS
Gold prices soar above Rs 47,500/10 gm on domestic demand, geopolitical risk; silver jumps Rs 1,049 a kg
Gold may remain supported by increasing economic challenges and geopolitical risks however we need to see a break above $1800/oz for a sustained rise, said Rao.
BUSINESS
Silver prices jump on rebound in gold; Treasury yields dip as all eyes on Fed chief's speech
The semi-precious metal has been trading lower than 20, 50, 100 and 200 days’ moving averages but higher than the 5-day moving averages on the daily chart.
BUSINESS
Natural gas futures drop 1.53% on subdued global trend
Technically, NYMEX Natural Gas could trade in the range of $3.850-$4.100 levels.
