Global Silver prices at 3-year high near $28/oz . Prices in India at all time high near Rs 82,000/kg. Silver takes support from record gold levels. -1/3rd supply consumed by solar industry. Manisha Gupta tells more about it
Silver Prices Near All Time High At ₹78,000/kg, up 10% in one month. Silver prices hit 23 month high above $26 an oz. Silver prices takes support from record gold.1/3rd silver supply consumed by solar industry. Catch Manisha Gupta in conversation with Chirag Thakkar, Director of Amrapali Group on Commodities Corner.
The Dollar Index (DXY00) surged to its highest level in 4-1/2 months, ending with a gain of 0.48%. This uptick was initially fueled by last Friday's robust US February personal spending report, which boosted confidence in the dollar. Furthermore, Federal Reserve Chair Powell's remarks on Friday, indicating no rush to lower interest rates, provided additional support to the dollar. On Monday, the dollar continued its upward trajectory following the release of the stronger-than-expected March ISM manufacturing index, signaling a hawkish stance on Fed policy. In contrast, the Reserve Bank of India introduced regulations stating that exchange-traded rupee derivative transactions should solely serve hedging purposes. The Reserve Bank of India had previously announced in January that, effective April 5, exchanges would be allowed to offer forex derivative contracts involving the rupee for hedging contracted exposure. Watch this edition of Commodities Corner with Manisha Gupta and Amit Pabari, Founder & Managing Director, CR Forex.
Live: MCX Hits Record Volumes on Gold F&O | Gold Prices Up By 7.5%. Watch Commodities Corner with Manisha Gupta and Rishi Nathani, Chief Business Officer, MCX for more details.
India opens its first oil palm processing unit in Arunachal Pradesh. This achievement follows the launch of the National Mission for Edible Oils - Palm Oil in August 2021, aiming to produce 11.20 lakh tons of palm oil by 2025-26. With India importing 57% of its total edible oil needs, this initiative marks a significant step towards self-sufficiency. Despite global palm oil prices hitting a one-year high, India's palm oil imports in February saw a notable decline of 36%, the lowest since May 2023, showcasing progress towards domestic production and reduced dependency on imports. Catch Commodities Corner with Manisha Gupta and Atul Chaturvedi, Chairman of Asia Palm oil Alliance.
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.
Sugar prices may have seen a 10% uptick in 2024 till date however, the last week has seen a 5% slump in sugar prices. What's causing this pain. While India is the 2nd largest producer of Sugar and is likely to drive growth, it is not included in the global market. Manisha Gupta discusses the prospects of sugar prices going ahead with Rahil Shaikh MD, MEIR Commodities on Commodities Corner
Crude oil starts 2024 on a positive note. Concerns over demand due to a weaker global economy and rising crude inventories in the US have led to lower crude prices in November and December. Experts believe that only geopolitical tensions in the Middle East could drive up oil prices. Catch Manisha Gupta in conversation with Kunal Shah from Nirmal Bang as they talk about the outlook for Crude and factors to watch on Commodities Corner today.
The dry fruit market in India is experiencing impressive growth. The post-pandemic period has witnessed a surge in demand for healthy snacking options, leading to increased interest in the market. Catch Manisha Gupta as she gives us more details
Gold prices soared to unprecedented highs, breaching the $2,100 per ounce mark globally on Monday. The prices have been up 2.7% in the last one month. Catch Manisha Gupta in conversation with Surendra Mehta, Director, IBJA as they talk about gold prices.
Gold prices are at a 6-month high with a 1.5% gain in this month so far. Catch Manisha Gupta in an exclusive conversation with Chirag Sheth of metal focus as they talk gold prices metals on Commodities Corner today.
Crude oil prices at 4-month low. Headed for 4th weekly loss on the back of weak global demand and rising supplies. Manisha Gupta tells us all about crude and other precious metals in this episode of Commodities corner.
Bitcoin is currently trading at its highest level since May 2022, while Solana has seen its prices triple in the past month. Catch Manisha Gupta in conversation with Ajeet Khurana, Founder, Reflexical as they provide a comprehensive overview of these developments.
Planning to buy gold this Dhanteras? What are your investment options & how are jewellers upping their game? Catch Manisha Gupta as she sheds more light on this
Base metals trade steady after China's financial policy meeting outcome and the US Federal Reserve holding interest rates. Catch Manisha Gupta in conversation with Anuj Gupta, Head-Commodity & currency, HDFC Securities as they tell more about recent trends in metals.
Commodity Corner | Here are the factors to keep in mind while purchasing diamonds and explore their potential as an investment. Join Manisha Gupta in a conversation with Amit Pratihari, Vice President of De Beers Forevermark, to gain insights into the trends in diamond jewellery during the ongoing festival season in India
After the Israel-Hamas conflict started, gold prices have indeed risen by just over 5 percent on the MCX, primarily due to increased interest from investors seeking a safe haven. But how much of this gain has been led by safe-haven buying? What's next for the metal which has gained 17.45 % since October last year.. Catch Manisha Gupta in conversation with Amit Goel, Chief Global Strategist at Pace360 as they discuss what's next
Oil prices up 4.5% after falling 8% last week. No supply impacted yet due to Israel-Hamas conflict. Catch Manisha Gupta in conversation with Peter McGuire, CEO—XM Australia as they talk crude only on Commodity Corner.
Copper prices are also headed for 2.3% decline in September. Prices headed for a 2nd monthly decline. China consumer spending, business activity expected to pick up during golden week holiday. Catch Manisha Gupta as she talks about copper prices outlook. Join Manisha Gupta as she discusses Commodities On Commodities Corner.
Crude oil prices hit a new record high. Crude is headed for a third weekly gain. Since June, Crude prices have jumped by 15%. Apart from Crude, we address why China has cut its reserve requirement ratio to 7.4%. Tune into today's episode of Commodities Corner with Manisha Gupta.
The world’s largest annual gross crude oil importer and the key driver of broader commodities super-cycle, China’s ongoing attempts to resuscitate its economic growth will play a key role in formulating oil pricing. There is also expectations of an extension in supply cuts by two leading OPEC+ members — Saudi Arabia and Russia. How will this play out in the commodity market? Manisha Gupta speaks with Dinesh Somani, Founder of ProIntellitrade Services.
Prices of most base metals are rallying as China rolled out more measures to support its yuan and property market, a key demand sector for metals. Beijing has issued a raft of measures to revive its crisis-hit property market. Base metals that form raw material for contstruction activity are seeing a good run up. Iron ore prices are at a 5-week high, Steel at 1 month high, while Aluminum at 3-week high. Manisha Gupta discusses trade in base metals with Navneet Damani of Motilal Oswal on this edition of commodity corner
Reports suggest India could be witnessing its worst monsoon in nearly 8 years as the impact of El Nino leads to deficient rains in August and threatens to allow only a mild recovery in September. This rain picture casts a cloud on the agri sector. Manisha Gupta discusses the impact with Devinder Sharma, Agri Policy Expert on this episode of commodities corner
Copper prices are down 6% in August. In fact, LME copper prices are down 11% from Jan high of $9400/ton. But experts believ this may be a good time to invest in copper as September and October are months where there is strong demand for copper. Brokerage firm Citi believes copper prices could touch $15,000/ton by 2025. Manisha Gupta discusses the propects of copper with Kunal Shah - Head Commodities - Nirmal Bang
Price of rice surged to a 12-year high globally after the Indian government imposed restrictions on sale of all non-basmati varieties overseas which accounted for 80 percent of total rice shipments. India holds a 40% market share of rice exports. The move hopes to bolster domestic food stocks. Manisha Gupta discusses the impact of govts move with Himanshu Agrawal, MD, Satyam Balajee Group.