May 16, 2021 06:07 PM IST
The only question for investors is whether China will introduce measures to curb higher prices.
- May 16, 2021 04:33 PM IST
Analysts expect gold prices to trade up in the coming week with COMEX spot gold resistance at $1,860 per ounce and support at $1,800 per ounce. The break above $1,860 may lead prices towards $1,890 levels.
- May 15, 2021 09:28 PM IST
The momentum indicator Relative Strength Index is at 49.37 which indicates neutral movement in prices.
- May 15, 2021 06:43 PM IST
The momentum indicator Relative Strength Index is at 62.67, which indicates bullish movement in the prices.
- May 15, 2021 05:03 PM IST
Natural gas prices attempted to break out on Friday but failed to push through resistance and fell back to short-term support.
- May 15, 2021 04:07 PM IST
As economies open in the US and Europe, pend up demand from these nations will lend support as the driving season in the United States gather momentum.
- May 15, 2021 08:21 AM IST
While commodities have halted, market players are skeptical that a sharp correction may follow as stimulus measures are likely to continue while growth outlook remains positive.
- May 14, 2021 10:03 PM IST
The momentum indicator Relative Strength Index (RSI) is at 53.58 indicating sideways movement in prices.
- May 14, 2021 07:41 PM IST
Copper prices fell on Friday, with the London contract set for its first weekly decline in more than a month, on worries of tightening credit that could potentially cap demand for the metal.
- May 14, 2021 06:28 PM IST
Gold may remain choppy reflecting volatility in the US dollar however we expect buying interest to emerge at lower levels as Fed is likely to maintain a dovish stance.
- May 14, 2021 05:32 PM IST
The government has allowed mills to operate but markets are closed so mills are facing a cash crunch.
- May 14, 2021 04:49 PM IST
The momentum indicator Relative Strength Index (RSI) is at 57.83, which indicates bullish movement in prices.
- May 14, 2021 03:18 PM IST
The commodity has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on a daily chart.
- May 14, 2021 01:15 PM IST
According to Abhishek Bansal of Abans Group, Indian Gold prices are likely to form a short term base near Rs 43,000-44,500 per 10 gram.
- May 14, 2021 01:02 PM IST
Looking ahead, gold might keep meandering for a while in the short term, but we expect the precious metal to regain charm and steer its way towards Rs 52,000 per 10 grams level ($1,960 an ounce) from a medium-term perspective.
- May 14, 2021 12:53 PM IST
Being a safe-haven, means it can demonstrate its importance during periods of economic concerns surrounding capital markets and Black Swan events such as the COVID-19. Such events bring to the fore the importance of portfolio hedges. Apart from crisis times as well though, gold should be considered.
- May 14, 2021 11:45 AM IST
Origo Co-Founder and Director Sunoor Kaul believes the agri space is likely to become more democratised, considering people of all denominations and financial standing will be availing credit, direct access to commodity supplies and sales, top-class warehousing solutions, etc.
- May 13, 2021 10:46 PM IST
The momentum indicator Relative Strength Index (RSI) is at 48.48, indicating weak movement in prices.
- May 13, 2021 06:29 PM IST
The momentum indicator Relative Strength Index (RSI) is at 53.68 which indicates sideways momentum in prices.
- May 13, 2021 02:02 PM IST
This year's Akshaya Tritiya may not give the Indians the opportunity to buy gold physically because of the ongoing pandemic which has resulted in lockdowns and restrictions all over the country.
- May 13, 2021 10:09 AM IST
There are growing signs that aluminium would follow the momentum of copper. A firm China trade data and a rebound in industrial activities buoyed the demand outlook of the commodity.
- May 13, 2021 08:46 AM IST
Every dip Is a buying opportunity and gold must be included in the investment portfolio in a manner that enables you to achieve your long-term financial goals.
- May 13, 2021 07:46 AM IST
Spot gold was up 0.2% at $1,819.71 per ounce by 0116 GMT.
- May 13, 2021 07:42 AM IST
Brent crude was down 32 cents, or 0.5%, at $69.00 a barrel by 0145 GMT, after gaining more than 1% on Wednesday. West Texas Intermediate (WTI) was down 31 cents, or 0.5%, to $65.77 a barrel, havingrisen 1.2% in the previous session.
- May 12, 2021 01:37 PM IST
With demand drying up, most growers are saddled with carry-over stocks. The next cardamom harvest that begins in two months will bring a bumper crop, adding to the glut. However, the export market is providing some relief to the industry.