Page 7 - Commodity Exchange

Oil up 3% on Israel-Hezbollah war, Libya oil field closure; how to trade?

Brent crude, WTI oil trading strategy today, Aug 27: We expect oil prices to face immediate resistance of $80 and the rally would find it difficult to sustain above it

Gold and overseas exchange-traded funds likely to get the tax edge

While gold, silver, and international exchange-traded funds (ETFs) will qualify for the 12.5 per cent LTCG taxation in 12 months as they are listed on exchanges

Crude oil strategy for Budget 2024 day: WTI eyes breakout, next target: $82

Budget 2024-25: How to trade WTI crude oil today? Find out strategy, key levels here

Gold Strategy: Buy dips; resistance at Rs 75,400, support at Rs 73,000

Spot gold surged to a fresh record high of $2465 on July 16 as traders continued to pile into the metal on Fed rate cut bets.

Silver trading strategy today: Metal may test Rs 98,000 on MCX. Check here

Silver price target today, July 12: The white metal is expected to trade with a positive bias on rising odds of multiple rate cuts this year

Gold price outlook, July 12: MCX Gold may hit Rs 74,400, say experts. Check why

Gold trading strategy for today, July 12, 2024: Much-awaited US CPI data (June) trailed the forecasts on all counts. US CPI Y-o-Y at 3 per cent as against the forecast of 3.10 per cent

Gold strategy on July 3: Support at Rs 71,300; Resistance at Rs 72,000

Spot gold rose slightly ahead of the US Fed Chair Powell's speech at the European Central Bank forum on central banking in Sintra, Portugal

Crude Oil, Copper: Check trading strategy, target price and more

Buy MCX July Crude Oil futures at Rs 6,950-7,000 with a stop loss of Rs 6,860 and a price target of Rs 7,250

Oil outlook, June 27: Oil a 'buy on dips' bet; MCX Crude support at Rs 6700

WTI/MCX crude oil outlook today: The overall weekly inventory report is disappointing as it is indicating slowdown in the US consumer/industrial demand

Gold: Yellow metal falls on hawkish Fed; bearish ahead of US payroll data

Spot gold slid on Tuesday following a rebound on Monday as the US Federal Reserve officials continue to maintain a hawkish outlook on rates

Silver outlook, June 26: Bias bearish; MCX Sept contract support at Rs 88k

Silver outlook and trading strategy today, June 26, 2024: Spot Silver, at the time of the MCX closing, was trading at $28.90, down 2.45 per cent for the day on Tuesday

WTI Oil strategy, June 25: Outlook bullish on tight supply; Support at $77

Crude oil strategy: Crude remains on track for a monthly gain. The immediate support for WTI remains at $ 78.78 (50-DMA) and short-term support stays at $77.13 (200-DMA)

Silver strategy: White metal may rise to Rs 93,400; Support at Rs 90,300

Weaker-than-expected US data also boosted silver prices as rate cut probability rose

WTI crude oil to stay rangebound within $78-$83; check strategy for June 20

Crude oil strategy for June 20, 2024: WTI crude oil could test resistance of $85 over the medium term

Silver: Outlook bearish in short term on rate cut delays; details here

Silver has come under renewed downside pressure as the US Federal Reserve delivered a hawkish pause in its monetary policy meeting that concluded on June 12

Crude Oil: Check key trading strategy on June 13, target price and more

The WTI holding on to support of $78 in Asian hours, retreating from three weeks high of $79.12. hit on Wednesday

Gold Strategy: Yellow metal uncertain before Fed outcome; support at $2,277

Spot gold traded with a bearish bias on Tuesday as most of the commodities were under pressure due to the rise of far-right parties in the recently concluded European elections

Crude oil strategy for June 11: Trend remains weak, WTI eyes support at $76

Oil prices are moving higher after posting three straight weekly declines following Opec+ decision on June 2

Copper, Crude Oil: Check key trading strategy, target price and more

On the daily chart, MCX Copper has been unable to sustain the breakout of its rising channel pattern and has moved down, forming a lower high, lower low pattern, indicating bearish sentiment

Limited downside seen in Silver, support placed at Rs 93,100: Sharekhan

COMEX silver inventory fell from 299.04 Moz to 298.46 MOz and remains at the highest level since January 2023