Page 8 - Commodity Exchange

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

OPEC is expected to extend its production cuts in an upcoming meeting, which has recently helped both WTI and Brent to break above their 100-day moving averages

Crude oil strategy for May 28: WTI futures eye breakout above $80 hurdle

Crude oil outlook and strategy: Analyst at Sharekhan believes buying WTI crude on correction would be a good strategy for the day

Sebi issues SOP for handling of commodity derivatives exchange outage

Sebi on Monday came out with a standard operating procedure (SOP) asking stock exchanges having commodity derivatives segment to inform about trading disruptions within 15 minutes of such occurrences and extending the trading time by 30 minutes in certain outage conditions. Stock exchange outage means stoppage of continuous trading, either suo moto by exchange or by virtue of reasons beyond control of stock exchange. If an outage occurs on one exchange, market hours will remain unchanged on unaffected exchange, Sebi said in a circular. Under the SOP, the stock exchange that suffered the outage will have to intimate Sebi immediately after the occurrence of the outage, while the bourse has to inform market participants and trading members within 15 minutes from the occurrence of an outage through broadcast message and by publishing on its website. Further, the affected stock exchange would update about the ongoing outage in the time intervals of 45 minutes from the initial intimation

Hawkish Fed may drag Silver towards Rs 88,500; here's your trading guide

Silver at $30.12 was down over 2 per cent at the time of MCX closing as the corresponding MCX July contract at Rs 90305 was down 2.91 per cent on the day

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

Should you buy gold now? Check key levels here before investing your money

The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data

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

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)

Crude Oil, Natural Gas: Check key trading strategy, target price

Despite ongoing conflicts and lower demand growth expectations, oil prices remain steady

US Fed's outlook on inflation positive for Silver, may hit Rs 87,000 on MCX

Silver price target: upport is seen in the range of $27.90-$28 (Rs 83,600-Rs 83,900)

Akshaya Tritiya, May 10: Silver prices up despite hawkish Fed; buy the dips

Weak job data bolstered the speculation that the weakening economy would force the US Federal Reserve to cut rates

Tech charts show bearish trend for Copper, sideways for Oil; details here

Brent crude strategy: Brent oil prices are expected to range between $75 to $90 per barrel,

Gold touches new peak of Rs 69,200 per 10 grams amid global market rally

Gold prices jumped by Rs 830 to reach a new peak of Rs 69,200 per 10 grams on Wednesday amid a rally in precious metal rates in the global markets, according to HDFC Securities. This is the second time that yellow metal prices have hit an all-time high in this week. In the previous trade, the precious metal had closed at Rs 68,370 per 10 grams. Silver prices also surged by Rs 1,700 to Rs 80,700 per kg. It had finished at Rs 79,000 per kg in the previous close. "Spot gold prices (24 carats) in the Delhi markets are trading at Rs 69,200 per 10 grams, up by Rs 830, taking a bullish trend in the overseas markets," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said. In the international markets, spot gold at COMEX was trading at USD 2,275 per ounce, up by USD 20 from the previous close. "Gold up at yet another all-time high with prices breaching past USD 2,300 per ounce in early trade, while futures on MCX rose close to all-time around Rs 69,500, as demand for safe-h

Yellow metal: Commit to minimum 7-year horizon after rally in gold

Buy in a staggered manner; rebalance if allocation exceeds 15%

MCX tech glitch: Trading commences on MCX at 1 pm after 4-hour delay

The exchange, instead of opening at 9am, was able to commence trading after 1 pm

IRMA, NCDEX launch centre in Gujarat to promote commodity derivatives mkt

Commodity exchange NCDEX's Investor Protection Fund and Institute of Rural Management Anand (IRMA) on Monday launched a centre of excellence in Anand, Gujarat, for growth of commodity derivatives market. NCDEX and IRMA would collaborate to further develop the "commodities derivatives ecosystem, providing support in the areas of research, policy formation, policy advocacy, capacity building, thought leadership, product development, and leveraging synergies within the industrial and financial ecosystem", a statement said. The project seeks to redefine policy maker's perspectives on commodity derivatives markets, fostering a deeper understanding of price discovery for both banned and unbanned commodities, it added. IRMA will spearhead efforts to enhance the scope of commodity markets through rigorous research and analysis. NCDEX will provide technical support and data-related assistance. NCDEX MD & CEO Arun Raste said, We are entering the 'Amrit Kaal' during which we have resolved ..

MCX stock riding on hopes of strong prospects post technology upgrade

The long-term growth opportunity remains, and trading volumes may benefit from new product launches

Gold once again glitters with the double-digit returns, shows data

Last year, gold was the best-performing asset class with returns close to 15 per cent even as most domestic equity indices delivered less than 5 per cent

Gold, silver prices unchanged; yellow metal trading at Rs 61,750 per 10g

The price of 22-carat gold remained stable, with the yellow metal selling at Rs 56,600.

MCX delays shift to new trading platform; shares decline 9% intraday

Shares of MCX, after dropping as much as 8.7 per cent to Rs 1,913, recouped most of its losses to finish at Rs 2,053, down 2.1 per cent over its previous day's close