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Sandeep Sinha

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Gold prices steady at Rs 48,000/10 gm on increased risk appetite; Silver corrects Rs 154 a kg

BUSINESS

Gold prices steady at Rs 48,000/10 gm on increased risk appetite; Silver corrects Rs 154 a kg

Patel expects gold prices to trade sideways to up with COMEX spot gold resistance at $1820 and support at $1795 per ounce.

Silver prices drop on weak industrial demand, sluggish gold

BUSINESS

Silver prices drop on weak industrial demand, sluggish gold

Technically, LBMA Silver holds a resistance of 21-Daily Moving Average at $25.65 below which could see a downside move up to $25.10-$24.30 levels.

Natural gas futures rise marginally on higher cooling demand

BUSINESS

Natural gas futures rise marginally on higher cooling demand

The momentum indicator Relative Strength Index is at 62.37, which suggests strength in the price.

Crude oil prices slump 1.32% on slow economic recovery in China, rise in output; money managers raise net long position

BUSINESS

Crude oil prices slump 1.32% on slow economic recovery in China, rise in output; money managers raise net long position

Crude oil prices are expected to trade down for the day with resistance at $75 and support at $72 per barrel.

Gold prices drop Rs 396 to Rs 48,034/10 gm on weak global cues, firm rupee; rises 3.59% in July

BUSINESS

Gold prices drop Rs 396 to Rs 48,034/10 gm on weak global cues, firm rupee; rises 3.59% in July

Silver prices eased by Rs 147 to Rs 67,906 per kg against its closing price on July 30.

Silver prices trade below Rs 68,000/kg on subdued global cues, investors cut net long position

BUSINESS

Silver prices trade below Rs 68,000/kg on subdued global cues, investors cut net long position

The spot gold/silver ratio currently stands at 71.15 to 1 indicating that silver has outperformed gold.

Natural gas futures surge nearly 2.5% on tight supply, low production; expert recommend a buy

BUSINESS

Natural gas futures surge nearly 2.5% on tight supply, low production; expert recommend a buy

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.

Gold prices remain steady at Rs 48,400/10 gm; silver rises by Rs 172

BUSINESS

Gold prices remain steady at Rs 48,400/10 gm; silver rises by Rs 172

The broader range on COMEX could be $1814- 1832 and on the domestic front, prices could hover in the range of Rs 48,050- 48,420.

Crude oil prices rise on increasing demand, tight supplies; Brent trades near $75 a barrel

BUSINESS

Crude oil prices rise on increasing demand, tight supplies; Brent trades near $75 a barrel

Prices are expected to trade sideways to up for the day with resistance at $75 and support at $72 per barrel.

Silver price falls marginally on weak economic data, subdued gold

BUSINESS

Silver price falls marginally on weak economic data, subdued gold

The spot gold/silver ratio currently stands at 71.58 to 1 indicating that gold has outperformed silver.

Natural gas futures fall over 1.5% on profit booking, support seen at Rs 293 level

BUSINESS

Natural gas futures fall over 1.5% on profit booking, support seen at Rs 293 level

The momentum indicator Relative Strength Index (RSI) is at 66.19, which suggests upbeat movement in the price.

Gold prices rise above Rs 48,000/10 gm on Fed's dovish stance, dollar weakness; silver dearer by Rs 1,495 a kg

BUSINESS

Gold prices rise above Rs 48,000/10 gm on Fed's dovish stance, dollar weakness; silver dearer by Rs 1,495 a kg

The broader range on COMEX could be $1,804-1,832 and on the domestic front, prices could hover in the range of Rs 47,550- 48,000.

Crude oil steady amid sharp drawdown of inventory; Choice Broking says prices to rise in the coming week

BUSINESS

Crude oil steady amid sharp drawdown of inventory; Choice Broking says prices to rise in the coming week

Technically, WTI Crude oil resistances are at $73.30-$73.95 whereas supports are at $71.65-$70.50.

Silver price jumps over 2%; experts expect resistance at Rs 67,800 level

BUSINESS

Silver price jumps over 2%; experts expect resistance at Rs 67,800 level

Overall, the trend remains marginally bullish if the price sustains above the support of 15-SMA of intraday chart placed at Rs 66,575.

Natural gas futures decline ahead of inventory report; support holds near Rs 290

BUSINESS

Natural gas futures decline ahead of inventory report; support holds near Rs 290

The commodity has been trading higher than 20, 50, 100 and 200 days' moving averages but lower than the 5-day moving averages on the daily chart.

Gold prices flat at Rs 47,761/10 gm ahead of Fed decision; silver corrects Rs 602 a kg

BUSINESS

Gold prices flat at Rs 47,761/10 gm ahead of Fed decision; silver corrects Rs 602 a kg

The gold/silver ratio currently stands at 71.94 to 1, which means 71.94 ounces of silver is required to buy an ounce of gold.

Crude oil prices jump on expectation of bullish inventory report, strong growth prospects; WTI hover around $72 a barrel

BUSINESS

Crude oil prices jump on expectation of bullish inventory report, strong growth prospects; WTI hover around $72 a barrel

The black gold 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.

Silver prices jump on strong industrial demand; focus shift to Fed policy decision

BUSINESS

Silver prices jump on strong industrial demand; focus shift to Fed policy decision

Technically, LBMA Silver could trade within the range of $24.20-$25.30 levels

Natural gas futures snap seven-day winning streak, down 2.41% on profit booking

BUSINESS

Natural gas futures snap seven-day winning streak, down 2.41% on profit booking

The momentum indicator RSI is at 60.56, which suggests a bullish movement in the price.

Gold prices decline to Rs 47,724/10 gm on rupee depreciation, ETF outflow; silver drops by Rs 567 a kg

BUSINESS

Gold prices decline to Rs 47,724/10 gm on rupee depreciation, ETF outflow; silver drops by Rs 567 a kg

The gold/silver ratio currently stands at 71.24 to 1, which means 71.24 ounces of silver is required to buy an ounce of gold.

Crude oil prices modestly up on tight supplies, strong demand outlook; Brent trades near $74 a barrel

BUSINESS

Crude oil prices modestly up on tight supplies, strong demand outlook; Brent trades near $74 a barrel

Crude may remain range-bound ahead of inventory report however demand concerns may keep pressure on prices.

Silver prices fall on rupee weakness; gold remains subdued ahead of Fed meet

BUSINESS

Silver prices fall on rupee weakness; gold remains subdued ahead of Fed meet

Technically, LBMA Silver could trade within the range of $24.70-$25.50 levels.

Natural gas futures rise for 7th straight day on higher cooling demand; prices tied at Rs 305-307 levels

BUSINESS

Natural gas futures rise for 7th straight day on higher cooling demand; prices tied at Rs 305-307 levels

Technically, NYMEX Natural Gas could trade in a range of $3.950-4.200 levels, said Iyer.

Gold prices hover near Rs 48,000/10 gm on safe-haven appeal; silver rises by Rs 516 a kg

BUSINESS

Gold prices hover near Rs 48,000/10 gm on safe-haven appeal; silver rises by Rs 516 a kg

The broader range on COMEX could be between $1,792 and $1,825. On the domestic front, prices could be in the range of Rs 47,390- 47,920.

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