Page 2 - Commodity Exchange

Gold rally likely to have more upside; check strategy, target here

Gold outlook: The yellow metal is likely to rise to $3800 (Rs 115,000) in the coming months, with support at $3600, according to Praveen Singh

Silver outlook positive; ₹122,000 acts as key support, ₹131,000 next target

Silver outlook continues to remain constructive on rate cut expectations, huge ETF inflows, elevated geopolitical and economic risks. Strength in gold bodes well for silver.

Three reasons why Gold prices may hit ₹1.4-lakh mark sooner than you think

On the technical side, charts are crystal clear. Gold recently broke out of a bullish pole-and-flag pattern on the weekly time-frame, a setup that often precedes strong continuation rallies.

Gold likely to remain firm; near-term support at $3,500, other levels here

Gold outlook: As the Fed Chair Powell's focus has shifted from inflation to the weakening US job market, the US monthly job report will be critical for gold for short-term trading.

Here's how to trade Silver on September 3; check resistance, support here

Strong ongoing rally in Chinese equities is mostly positive for the grey metal. CSI33 Index has rallied over 27 per cent from its April low.

Gold outlook: Track key support, resistance amid mixed market signals

Gold trading strategy: In the near-term, safe haven demand is somewhat subdued due to US-China trade truce extension and hopes from the upcoming US-Russia meeting in Alaska.

Gold outlook: Buy dips amid rate cut hopes, trade frictions; key levels

Gold faces a strong resistance at $3420 (₹102,300 at INR/USD rate of ₹87.43) as posed by the 4-month-old trendline.

Silver strategy today: Key trading levels, support, resistance to watch

Silver rally is primarily being driven by risk sentiments as expectations of rate cuts buoy the risk assets. Another supporting factor is healthy ETF inflows.

Silver faces short-term pressure; strong ETF inflows to lend support

Gold/Silver ratio at 89.96 has recovered nearly 5 per cent after it reached a seven-month low at 85.88 on July 14.

Trading at MCX resumes after initial halt amid reports of technical glitch

MCX initially said trading would resume at 9:45 AM, but later delayed it to 10:10 AM due as trading in the platform had not resumed

Precious metal ETFs: Avoid overexposure after gold, silver price surge

Limit allocation to 10 per cent of portfolio and enter with 7-10-year horizon

Gold outlook: Analyst suggests buying on dips as tariff concerns linger

Gold price outlook: The yellow metal price is likely to be influenced primarily by the US Dollar Index and tariff news flow

Gold may rally to $3,400 on tariff fears; deadline extensions to cap upside

Gold prices are caught between the impact of strong US data and the possibility of trade friction as trade negotiations continue

Silver trading guide: Buy the dips unless sentiment weakens further

The World Bank expects silver demand to remain robust, supported by the grey metal's dual role as both an industrial input and a safe-haven asset

Gold rally at risk as US jobs data, tariff moves stir volatility

Gold is expected to fall sharply in case the Trump Administration decides to extend the July deadline

Rupee rises after three-day slide on likely FII inflows; ends at 86.59/$

Indian Rupee today: The domestic currency rose 14 paise to end at 86.59 against the dollar, according to Bloomberg

Motilal Oswal recommends 'buy' on MCX Copper, set target at ₹915

Motilal Oswal Wealth Management recommends buying in the range of ₹882 - ₹880, with a stop-loss below ₹855 on a closing basis

Sebi mandates minimum two yearly PAC meetings for commodity exchanges

Markets regulator Sebi on Thursday directed stock exchanges with commodity segments to ensure their Product Advisory Committees (PACs) meet at least twice a year, or more frequently if necessary. However, in the case of agricultural commodities, the PAC is required to meet at least once annually. Sebi's 'Master Circular for Commodity Derivatives Segment' in August 2023 issued various compliance requirements for stock exchanges and clearing corporations operating in the commodity derivatives segment. As per the Master Circular, each stock exchange is mandated to constitute a Product Advisory Committee for every group or complex of commodities that share common stakeholders or value chain participants, and on which derivatives are either currently traded or proposed to be introduced. Based on representations from market participants and following deliberations by Sebi's Commodity Derivatives Advisory Committee (CDAC), the regulator has revised the meeting frequency guidelines for ...

Rupee closes stronger despite headwinds; ends 10 paise higher at 85.80/$

Indian Rupee today: The domestic currency appreciated 10 paise to close at 85.80 against the dollar, after closing at 85.90 on Wednesday, according to Bloomberg

Rupee trades slightly higher amid weak oil prices; opens at 85.87/$

Indian Rupee today: The domestic currency appreciated 3 paise at open to 85.87 against the greenback, after closing at 85.90 on Wednesday