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Dec 02, 2022 05:47 PM IST While India has said that it’s under no pressure to accept the price cap, reports indicate that Indian refiners are wary of buying Russian crude at a higher rate once the proposed G7 price cap kicks in.
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Dec 02, 2022 10:05 AM IST Any correction in precious metals prices could be a good buying opportunity today. Gold has support at Rs 52000 and resistance at Rs 56000, said Nirpendra Yadav of Swastika Investmart.
- Dec 02, 2022 08:57 AM IST
According to Geojit , Mixed trend was seen in NCDEX spices complex on Thursday. Jeera futures were up on firm demand.
- Dec 02, 2022 07:27 AM IST
Brent crude futures were down 11 cents or 0.1% at $86.77 per barrel by 1:28 GMT, while U.S. West Texas Intermediate (WTI) crude futures lost 14 cents or 0.2% to $81.08 per barrel.
- Dec 01, 2022 12:48 PM IST
Catch today's commodity chat with Manisha Gupta to know how a price surge could impact you!
- Dec 01, 2022 10:15 AM IST
The focus will now shift to the US non-farm payrolls print later this week. The near-term outlook remains positive. However, traders will watch for the data prints to take further cues, said Ravindra Rao of Kotak Securities.
- Dec 01, 2022 09:10 AM IST
According to Geojit , Spices traded steady to weak on NCDEX on Wednesday. Jeera futures ended rather flat on improved demand, while coriander and turmeric futures were down.
- Dec 01, 2022 08:05 AM IST
Brent crude futures rose 5 cents, or 0.06%, to $87.02 per barrel by 0115 GMT while U.S. West Texas Intermediate crude futures rose 16 cents, or 0.2%, to $80.71.
- Nov 30, 2022 01:07 PM IST
Catch today's commodity chat with Manisha Gupta to know how a price surge could impact you!
- Nov 30, 2022 10:25 AM IST
The current economic scenario and geopolitical tension may support bullion prices. On the technical front, Rs 52500-52400 is a good support zone for gold. We expect prices to trade in a range between Rs 52500 and Rs 53200 levels this week, said Deveya Gaglani of Axis Securities.
- Nov 30, 2022 09:15 AM IST
According to Geojit , Spices rose on NCDEX on Tuesday. Coriander futures rose to one week high on improved demand.
- Nov 30, 2022 07:40 AM IST
Brent crude futures were up 65 cents or 0.8% at $83.68 per barrel by 0132 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 68 cents or 0.9% to $78.88 per barrel.
- Nov 29, 2022 01:21 PM IST
Protests against further lockdowns in China due to rising COVID cases could see a harsh clampdown, which could hurt economic activity. Here are the scenarios that could play out
- Nov 29, 2022 10:38 AM IST
The focus now shifts to the US consumer confidence data due later today. Weak data may support a bullion rally on the back of a weakening dollar, says Ravindra V Rao of Kotak Securities
- Nov 29, 2022 09:30 AM IST
Chinese government is in a Catch-22 situation with protestors calling for opening up the economy and rising Covi cases preventing it to do so. Both cases are bad for the economy and markets.
- Nov 29, 2022 08:52 AM IST
According to Geojit , Mixed moves were witnessed in NCDEX spices complex on Monday. Jeera futures bounced back after hitting multiweek low on concerns over supplies, while coriander and turmeric futures ended largely unchanged.
- Nov 29, 2022 07:06 AM IST
It’s a bleaker outlook for prices that runs counter to earlier optimism that China was preparing to exit the worst of its virus controls, after the government released a 20-point plan earlier this month refining its Covid Zero policies
- Nov 28, 2022 01:18 PM IST
Crude oil in Shanghai followed international markets lower, plunging as much as 5.6%. Cooking oil futures in Dalian tumbled as much as 3% on concerns over the threat to demand at restaurants and hotels already reeling from lockdowns.
- Nov 28, 2022 01:18 PM IST
The price of metals has sunk, while oil has fallen to its lowest level in years.
Catch today's commodity chat with commodities analyst Prathamesh Mallya and Karunya Rao!
- Nov 28, 2022 10:18 AM IST
Manoj Kumar Jain of Prithvi Finmart Commodity Research expects gold and silver to remain volatile this week ahead of the US quarterly GDP data and ADP non-farm employment data and continue to hold their respective support levels.
- Nov 28, 2022 08:55 AM IST
According to Geojit , Spices complex on NCDEX was in red on Friday, with jeera futures hitting is lowest level in five weeks.
- Nov 28, 2022 06:55 AM IST
Spot gold was down 0.2% at $1,752.66 per ounce, as of 0016 GMT. U.S. gold futures fell 0.1% to $1,751.80.
- Nov 26, 2022 06:23 AM IST
Overall, commodities may fluctuate as hopes of less hawkish Fed and possibility of RRR (reserve requirement ratio) cut from China may support risk appetite while rising COVID cases amid cold weather in China is adding to fears of a bumpy economic recovery.
- Nov 25, 2022 10:39 AM IST
Bias in bullion looks positive at the current levels. Technically, the trend in precious metals may remain range-bound to the upside. Gold has support at Rs 52500 and resistance is at Rs 53200. Silver has support at Rs 61500 while resistance is at Rs 62800, said Nirpendra Yadav of Swastika Investmart.
- Nov 25, 2022 09:00 AM IST
According to Geojit , Jeera futures plunged, while coriander and turmeric futures ended Thursday's session in green on NCDEX.
