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Page 54 - Commodity News

Commodity play book: Sell May Copper futures, Buy June Oil futures

Commodity trading: Copper prices have dropped 7 per cent since Monday's record high, with a significant intraday drop due to profit-taking

Commodity play book: Sell May Copper futures, Buy June Oil futures
Updated On : 24 May 2024 | 8:01 AM IST

Gold price slips Rs 10 to Rs 73,410, silver falls Rs 100 to Rs 92,400

The price of 22-carat gold dipped Rs 10, with the yellow metal selling at Rs 67,290

Gold price slips Rs 10 to Rs 73,410, silver falls Rs 100 to Rs 92,400
Updated On : 24 May 2024 | 7:46 AM IST

Gold price declines Rs 10 to Rs 74,500, silver rises Rs 100 at Rs 95,900

The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 68,290

Gold price declines Rs 10 to Rs 74,500, silver rises Rs 100 at Rs 95,900
Updated On : 23 May 2024 | 8:09 AM IST

Oil to trade rangebound amid lack of bullish triggers; check key MCX levels

Brent crude oil outlook: Brokerage firm Sharekhan expects prices to trade in a broader range of $75-$80/b unless there is any major changes in terms of macroeconomics or geo-politics

Oil to trade rangebound amid lack of bullish triggers; check key MCX levels
Updated On : 23 May 2024 | 8:00 AM IST

Gold price slips Rs 10 to Rs 74,500, silver falls Rs 100 to Rs 94,500

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,290

Gold price slips Rs 10 to Rs 74,500, silver falls Rs 100 to Rs 94,500
Updated On : 22 May 2024 | 9:28 AM IST

Silver may top Rs 1,00,000 on MCX; buy the dips: Praveen Singh of Sharekhan

Silver price on MCX: Support is seen at $31 (Rs 93,500) /$29.50 (Rs 89,000)

Silver may top Rs 1,00,000 on MCX; buy the dips: Praveen Singh of Sharekhan
Updated On : 22 May 2024 | 8:59 AM IST

Crude oil falls more than $1 as Fed rate outlook stokes demand fears

"Fears of weaker demand led to selling as the prospect of a Fed rate cut became more distant," said analyst Toshitaka Tazawa at Fujitomi Securities

Crude oil falls more than $1 as Fed rate outlook stokes demand fears
Updated On : 21 May 2024 | 6:39 PM IST

Crude oil to trade in narrow range ahead of Opec meeting; check key levels

Crude oil outlook: Crude oil prices are expected to trade in a fairly tight range ahead of the key OPEC+ meet on June 1

Crude oil to trade in narrow range ahead of Opec meeting; check key levels
Updated On : 21 May 2024 | 1:00 PM IST

Gold price climbs Rs 10 to Rs 75,170, silver up Rs 100 at Rs 96,600

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 69,060, Rs 68,910, and Rs 69,010, respectively

Gold price climbs Rs 10 to Rs 75,170, silver up Rs 100 at Rs 96,600
Updated On : 21 May 2024 | 8:21 AM IST

Gold dips Rs 10, silver down by Rs 100; precious metal trading at Rs 74,610

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,390

Gold dips Rs 10, silver down by Rs 100; precious metal trading at Rs 74,610
Updated On : 21 May 2024 | 8:20 AM IST

Gold hits record high at $2,438 as Fed rate cut bets burnish appeal

The dollar index remained subdued, making greenback-priced bullion more attractive to buyers holding other currencies

Gold hits record high at $2,438 as Fed rate cut bets burnish appeal
Updated On : 20 May 2024 | 10:36 PM IST

Zinc demand in India likely to double in next 5-10 years: Industry body

The demand for zinc in India depends largely on the growth of the steel market as zinc is mainly used to galvanise steel to protect it from corrosion

Zinc demand in India likely to double in next 5-10 years: Industry body
Updated On : 19 May 2024 | 4:38 PM IST

Gold price slips Rs 10 to Rs 73,740, silver falls Rs 100 to Rs 89,000

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,590

Gold price slips Rs 10 to Rs 73,740, silver falls Rs 100 to Rs 89,000
Updated On : 18 May 2024 | 8:53 AM IST

Silver trades at record high for 2nd day in Delhi; gold declines Rs 150

According to HDFC Securities, silver prices jumped Rs 300 to Rs 89,000 per kg in the national capital. It had closed at Rs 88,700 per kg in the previous session

Silver trades at record high for 2nd day in Delhi; gold declines Rs 150
Updated On : 17 May 2024 | 10:24 PM IST

Gold price rises Rs 10 to Rs 74,030, silver up Rs 100 at Rs 89,200

The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,860

Gold price rises Rs 10 to Rs 74,030, silver up Rs 100 at Rs 89,200
Updated On : 17 May 2024 | 8:15 AM IST

Gold price rises Rs 10 to Rs 73,260, silver jumps Rs 100 at Rs 87,700

The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,160

Gold price rises Rs 10 to Rs 73,260, silver jumps Rs 100 at Rs 87,700
Updated On : 16 May 2024 | 9:18 AM IST

Gold price declines Rs 10 to Rs 72,810, silver rises Rs 100 at Rs 87,300

In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 72,960, Rs 72,810, and Rs 72,970, respectively

Gold price declines Rs 10 to Rs 72,810, silver rises Rs 100 at Rs 87,300
Updated On : 15 May 2024 | 7:54 AM IST

Gold price declines Rs 10 to Rs 73,250, silver down Rs 100 at Rs 86,400

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 67,290, Rs 67,140, and Rs 67,240, respectively

Gold price declines Rs 10 to Rs 73,250, silver down Rs 100 at Rs 86,400
Updated On : 14 May 2024 | 7:47 AM IST

What EU sanctions on re-exporting Russian LNG would mean for global gas

Russian producer Novatek PJSC relies on stopovers in the EU to move Arctic fuel from ice-class ships onto conventional tankers

What EU sanctions on re-exporting Russian LNG would mean for global gas
Updated On : 13 May 2024 | 11:10 PM IST

Gold declines as traders await key US inflation data for more rate cut cues

Spot gold fell 0.7% to $2,342.95 per ounce by 1442 GMT. It had hit its highest level since April 22 on Friday

Gold declines as traders await key US inflation data for more rate cut cues
Updated On : 13 May 2024 | 10:11 PM IST