Commodity

BHP said India's commodity consumption has been largely 'domestically-focused', and the nation consumes 'almost all steel' produced domestically, making it a key player in the global demand outlook.

Gold Price Today, April 22: Yellow metal touches Rs 1 lakh per 10 grams; check rates in your city today

Gold prices surged to a record high in India ahead of Akshaya Tritiya and a sharp rally in the global markets.

How pharma companies are fighting back commoditisation of medicine market

The rising usage of generic drugs is undermining pharma market growth in India

Gold Hits All-Time High Amid Global Uncertainties

In this video, we explore the recent surge in gold prices, which have reached a fresh high of $2,732.73 per ounce. With uncertainties surrounding the U.S. elections, rising tensions in the Middle East, and rate cuts by major central banks, gold is becoming a favored safe-haven investment. We also discuss the implications of these developments on the silver market, which has hit a near 12-year peak. Stay tuned for insights on what this means for investors!

Mark Mobius sees Sensex at 1 Lakh by end of year, bets 50% fresh investments on India

The ongoing momentum in Indian stocks is likely to take Sensex past 1,00,000 mark 'probably by end of the year', provided measures by capital market regulator do not become a dampener, Mobius said.

Gold steady as US payrolls data grabs limelight

Spot gold held its ground at $2,493.34 per ounce by 0200 GMT after hitting its lowest level in more than a week on Tuesday. U.S. gold futures were nearly unchanged at $2,524.80.

Why are hedge funds bearish on commodities?

Copper, often seen as a barometer of industrial growth, is now trading 20 percent below its May peak, nearing a four-month low, signalling a potential economic slowdown

Gold prices surge as Powell hints at potential rate cut

Spot gold increased by 1.2%, reaching $2,437.39 per ounce, marking its largest monthly gain since March with an over 4% rise.

China stimulus, US rate cut bets lift gold, silver soars above $30 mark

The market was lifted after China, a major consumer of industrial metals as well as gold, announced ”historic” steps to stabilise the crisis-hit property sector.

Live: Gold hits record high again; Will it glitter further or consolidate? | Commodities Corner

Gold prices scale record highs above $2300 an oz. India Gold prices hit all time high at Rs 70248/10gms. MCX June futures lower than April futures. Gold supported from Geopolitical issues, central bank buying and short covering. Global Silver prices also at 26-month high. Catch Manisha Gupta with more details

Gold prices near all-time high — Key reasons for the surge and what lies next? | Commodities Corner

Gold prices are at an all time high above $2,250/oz after gaining 10% in Q1 of 2024. Strong gold retail buying in China & Turkey is one of the prominent reasons behind the price surge. Catch Manisha Gupta with more details

Gold sprints to record high as Fed sticks to 2024 rate-cut projections| Commodities Corner

The rally in gold continues with prices hitting an all-time high. Strong physical demand for gold is also fueled by its appeal as a safe-haven asset and investors looking to diversify amid lackluster performances in other asset classes. Catch Manisha Gupta with more details

Memecoin trading at levels last seen before crypto bubble burst| Commodities Corner

The ongoing memecoin frenzy in the digital asset market continues unabated, as trading volumes now rival those observed just before the burst of the previous crypto bubble over two years ago. Memecoins like Dogwifhat and Pepe, renowned for their speculative and volatile nature, are surpassing the gains of Bitcoin, a dominant figure in the headlines. According to data from blockchain data firm Kaiko, trading volumes for leading memecoins, often priced at a fraction of a cent, surged to nearly $80 billion in the past week alone, marking the highest levels since October 2021. Watch Manisha Gupta with more details

Global sugar prices up 4% (WoW) | Sweet cravings ahead of Holi festivities | Commodities Corner

Catch Manisha Gupta in conversation with Prafful Vithlani , President All India Sugar Trade Association (AISTA) for more details

Live: 15x increase in gold ETFs accounts; Should you invest? | Commodities Corner

Catch Manisha Gupta in conversation with Vikram Dhawan, Head of Commodities & Fund Manager at Nippon India Mutual Fund for more details

Gold prices in India hits all time high above Rs 66,000/10 grams | Commodities Corner

Gold surged to record high this week in MCX as weak US economic data and US regional banking jitters have given bulls the boost needed to break out from the last 2 months consolidation. The breakout has been spectacular and has baffled many traders with the ferocity of the move. Gold hits record high at near $2200 an oz India Gold hits all time high above Rs 66,000/10gms .Biggest weekly percentage rise since Mid October .Prices +4% over week, +8% on month. Traders see near 70% chance of 25bps rate cut. Catch Manisha Gupta with more details

India Gold surges at record above Rs 65000/10 grams | Commodities Corner

Gold hits all time high of $2,152/oz. India Gold surges at record above Rs 65000/10gms. Gold gained 19% in the last one year and 6% in the last one month. Catch Manisha Gupta in conversation with Surendra Mehta of IBJA as they discuss surging gold prices. Watch here

Silver prices trade 2-month high. How can you participate in this run? Commodities Corner

Silver prices trade at a two-month high. Markets price in US Fed rate cuts in June. Support from Industrial metals, rising global equities. Global Silver industrial demand estimate for 2024. Catch Manisha Gupta in conversation with Renisha Chainani - Head of Research - Augmont gold as they discuss different ways to invest in Silver. Watch to know more

Bitcoin Up 59% in 2024 till time; Can we expect a revival of the Cryptocurrency?| Commodities Corner

It seems that the ‘bonanza’ period for Bitcoin is not showing signs of a halt. Bitcoin hits $68,800 level, nearly all time high. From what it’s understood, the cryptocurrency crossed the price mark for a second time within a week, since it was last recorded on February 28, 2024. Is the Crypto craze back? Catch Manisha Gupta with more details

Gold prices are at 3-month high on the back of easing US inflation | Commodities Corner

Gold prices hit 3-month high due to supporting data. Key triggers include easing U.S. inflation, decline in USD & treasury yields support buying. Catch Manisha Gupta with Ajay Kedia, MD, Kedia Advisory

Live: India’s lowest monsoon rainfall leads to raw sugar futures surge | Commodities Corner

India's lowest monsoon rainfall affects raw sugar futures. The surge in raw sugar futures to 24 cents per pound, marking a one-month high, can be attributed to adverse growing conditions affecting sugar production. These conditions may include factors such as extreme weather events, drought, pests, or diseases, which can negatively impact sugar crops. The rise in futures prices reflects concerns among traders and investors about potential supply shortages or reduced yields in the future due to these unfavourable conditions. This increase in prices indicates market expectations of tighter sugar supplies, leading to heightened demand for futures contracts as a hedge against potential price volatility. Catch Manisha Gupta with Rahil Shaikh, Managing Director of MEIR Commodities.

Live: Natural gas production in US at near record levels | Commodities Corner

Natural Gas Prices Rise As Colder Weather Forecasts Increase Heating Demand. Upside remains limited due to record-high domestic natural gas production in US. Robust production has kept inventories well-supplied. Catch Manisha Gupta in conversation with Kunal Shah, Head of research commodities, Nirmal bang

Market Live: Looming demand weakness keeps oil prices under pressure | Commodities Corner

Edible oil prices are under pressure due to weak China demand and favorable weather in Argentina and Brazil, Soyabean & Sunflower oil trade at discount for 1st time in an year. Catch Manisha Gupta in conversation with Dr. B.V. Mehta, the Executive Director of The Solvent Extractors' Association of India.

Market Live: Explaining bitcoin's rally: What’s causing the crypto surge? | Commodities Corner

The cryptocurrency market observed a strong recovery in the year 2023 after it witnessed a slight downside due to the global macroeconomic situations and inflation data. Bitcoin trades above $52,000 and hit all time high of $69,000 in November 2021. Catch Manisha Gupta in conversation with Ashish Singhal, Co-founder of Coinswitch, to discuss the cause of this Crypto surge.

Live: Strong dollar & CPI data has put pressure on metal prices | Gold trades below $2,000/oz

Concerns that rate cuts could be delayed has come to haunt metal traders, as most base and precious metals trade at the lower range. Funds show that there is only a 40% probability that fed will cut rates in May.- Metals have got hammered since, Copper prices down 5.5% vs Jan 31 highs. Aluminium prices down 4.8% in 2024 till date. While Gold trades at 2 month lows & silve is down 5% in 2024. Watch Manisha Gupta discuss whats concerning metal prices with Kunal Shah, Head of Research Commodities, Nirmal Bang on Commodities Corner