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Commodity Trading

Gold trading Strategy: Avoid large short positions; check key levels here

Spot gold at the time of the MCX closing was trading at $2624, up around 0.55 per cent on the day. The MCX December Gold contract at Rs 75,152 (LTP) was up nearly 0.30 per cent.

Gold trading Strategy: Avoid large short positions; check key levels here
Updated On : 11 Oct 2024 | 8:27 AM IST

Silver strategy: Buy the dips; support at Rs 87,500, resistance at 91,500

Surging US Dollar Index and tumbling bond prices are acting as headwinds for the metal as the US rate cut pace has become somewhat uncertain in the short term. Dip buying is preferred.

Silver strategy: Buy the dips; support at  Rs 87,500, resistance at 91,500
Updated On : 11 Oct 2024 | 8:17 AM IST

Silver price today: Trend bearish; check key support, resistance levels

Silver price today: Silver prices crashed to their lowest level since September 19, on Tuesday, as commodities tumbled on multitude of bearish developments

Silver price today: Trend bearish; check key support, resistance levels
Updated On : 09 Oct 2024 | 9:27 AM IST

How to trade Silver as Israel mulls another attack on Iran? Key levels here

The performance of the metal on Thursday has been encouraging as it managed to rise despite subdued gold prices and tumbling base metals

How to trade Silver as Israel mulls another attack on Iran? Key levels here
Updated On : 04 Oct 2024 | 9:49 AM IST

Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024

UBS analysts have raised gold's target to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz)

Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024
Updated On : 30 Sep 2024 | 1:30 PM IST

Gold strategy: Yellow metal may extend its rally; Support at Rs 75,500

Gold hit a fresh record high of $2664 and closed with a hefty gain of 1.09 per cent at $2657.

Gold strategy: Yellow metal may extend its rally; Support at Rs 75,500
Updated On : 25 Sep 2024 | 1:09 PM IST

Here's how to trade Silver on September 25; Check resistance, support here

On Tuesday, silver surged sharply higher on an unexpectedly huge stimulus package announced by China's Central Bank and the Chinese authorities.

Here's how to trade Silver on September 25; Check resistance, support here
Updated On : 25 Sep 2024 | 1:02 PM IST

Outsized 50-bps Fed rate cut positive for Silver; check trading strategy

Spot silver was extremely volatile in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September 18.

Outsized 50-bps Fed rate cut positive for Silver; check trading strategy
Updated On : 20 Sep 2024 | 10:33 AM IST

Crude Oil Strategy Today: Check target price, support & other key levels

With Israel looking to carry out its offensive against Hezbollah to the next level, traders will monitor the evolving situation in Middle East closely for possibility of disruptions to oil supplies.

Crude Oil Strategy Today: Check target price, support & other key levels
Updated On : 19 Sep 2024 | 10:29 AM IST

How to trade Gold ahead of US Fed's policy move? Check trading strategy

Spot gold was trading with a loss of around 0.45 per cent at $2,570 at the time of the MCX closing. The MCX October gold contract closed at Rs 73,150 (LTP), down 0.49 per cent.

How to trade Gold ahead of US Fed's policy move? Check trading strategy
Updated On : 18 Sep 2024 | 6:49 PM IST

Silver Trading Strategy: 50bps cut could help Silver clear Rs 90,400 hurdle

Silver price outlook by Sharekhan: Silver has got many supporting factors to push it higher as the Fed begins slashing rates.

Silver Trading Strategy: 50bps cut could help Silver clear Rs 90,400 hurdle
Updated On : 18 Sep 2024 | 10:58 AM IST

US Fed rate cut: MCX Gold eyes new high; Silver can zoom to Rs 1,00,000

Technical charts suggest that the bias for Gold is likely to remain positive as long as Rs 73,100 holds; while in case of Silver the bullish pivot stands at Rs 89,000.

US Fed rate cut: MCX Gold eyes new high; Silver can zoom to Rs 1,00,000
Updated On : 16 Sep 2024 | 2:54 PM IST

Gold trading strategy: Support seen at Rs 73,000; Resistance at Rs 75,200

After consolidating in the $2470-$2530 range for nearly three weeks, spot gold rallied to a fresh record high of $2555 on Thursday.

Gold trading strategy: Support seen at Rs 73,000; Resistance at Rs 75,200
Updated On : 13 Sep 2024 | 6:41 AM IST

How to trade oil futures amid weak demand, Hurricane Francine? Outlook here

Crude oil strategy, Sept 12: WTI crude oil rice may fall to $65 in medium-term

How to trade oil futures amid weak demand, Hurricane Francine? Outlook here
Updated On : 12 Sep 2024 | 10:04 AM IST

Silver trading strategy today: Buying on dips suggested; Resistance at $30

Spot silver was steady around $28.30 at the time of the MCX closing. The MCX December silver contract at Rs 73,700 was up around 0.07 per cent.

Silver trading strategy today: Buying on dips suggested; Resistance at $30
Updated On : 11 Sep 2024 | 10:06 AM IST

Gold trading strategy today: Resistance at $2,550; Support at $2,446

Spot gold was trading with a gain of around 0.20 per cent at $2514 at the time of the MCX closing. The MCX October gold contract at Rs 71,903 (LTP) was up 0.38 per cent.

Gold trading strategy today: Resistance at $2,550; Support at $2,446
Updated On : 11 Sep 2024 | 7:04 AM IST

Outlook: MCX Silver can rally to Rs 88,500; focus on US nonfarm payroll

Silver futures had gained 2 per cent in Thursday's trading session amid rise in the US yield.

Outlook: MCX Silver can rally to Rs 88,500; focus on US nonfarm payroll
Updated On : 06 Sep 2024 | 2:07 PM IST

Crude Oil: Check trading strategy, target price and other key levels here

Oil recorded its first back-to-back monthly decline amid signs of sluggish demand in China and the United States raised concerns about future consumption growth.

Crude Oil: Check trading strategy, target price and other key levels here
Updated On : 03 Sep 2024 | 10:14 AM IST

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

Oil up 3% on Israel-Hezbollah war, Libya oil field closure; how to trade?
Updated On : 27 Aug 2024 | 10:39 AM IST

Crude oil prices hit 2-week lows; how to trade, key levels to watch today?

Crude oil outlook today, Aug 20: Oil prices tumbled to two-week lows on Tuesday morning in Asian trade with WTI future trading down 0.4 per cent

Crude oil prices hit 2-week lows; how to trade, key levels to watch today?
Updated On : 20 Aug 2024 | 10:52 AM IST