Page 12 - Commodity Trading

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

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

Gold has major resistance at 74,500, buy the dips in near-term: Sharekhan

The metal was changing hands at $2381 at the time of the MCX closing, which is down 0.20 per cent from Wednesday's closing level

Silver outlook: Prices may correct on hawkish Fedspeak, elevated inflation

Silver may trade between $28.80 (Rs 85,000) and $30 (Rs 88,300) in the near-term, says Praveen Singh of Sharekhan by BNP Paribas.

These key triggers can help Crude Oil break from the trading range

Any significant upside in Crude Oil can only be sustained by strong demand side fundamentals from the US and China, says Mohammed Imran, research analyst at Sharekhan BNP Paribas.

Gold price outlook: Retail sales, US CPI inflation holds key, says Sharekhan

Gold: Rises as the Fed Chair calls PPI data as 'mixed' on downward revisions to the prior data.

Gold prices on Akshaya Tritiya, May 10: Check key levels before investing

Spot gold was up nearly 1 per cent Thursday on rate cut bets as the weekly US job data disappointed

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,

Crude Oil prices likely to trade higher; WTI Crude may test $80-mark

Mohammed Imran, research analyst at Sharekhan BNP Paribas, expects WTI Crude oil prices to broadly trade with upward bias in the range of $77-$80 per barrel.

Silver in uptrend as US yields dip, may hit Rs 85,000-mark on MCX

Silver outlook by Sharekhan: The recovery in Silver prices has been driven largely by increasing probability of rate cuts by the US Federal Reserve

Copper, Aluminium at multi-year highs; charts suggest more upside likely

Copper futures topped the $10,000-mark for the first time in 2 years, Aluminium futures quoted at 2-year highs earlier this month; here are the key levels to watch out.

Ex-BofA veteran overseeing Vedanta Group's restructuring steps down

Davis, who was named as president for strategy at Vedanta Resources Ltd. last year, was working closely with the group's lenders and shareholders

Vedanta gains 14% in five sessions. Here are four factors fuelling rally

Commodity major's stock has hit its highest level since February 2023

Natural Gas futures down 51% in 5 months on MCX; Should you bottom-fish?

The MCX Natural Gas futures have declined over 6 per cent so far in March, and tumbled up to 82 per cent from the peak in August 2022.

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

MCX Gold futures could test Rs 65,000-mark on the upside, chart suggests

Gold futures are up 12 per cent so far this year, and have gained 132 per cent in the last eight years. Chart suggests that bias is likely to remain favourable as long as Gold trades above its 20-MMA.

Fall in commodity, energy prices fuels India Inc's Q2FY24 earnings

Analysts say gains from margin expansion have peaked for now

MCX gains 5%, hits record high on Sebi's nod to launch new trading platform

Approval from regulator remains positive for MCX as it will enable the launch of more products

Gold prices can fall another 10% from here on; check key support levels

The MCX Gold December futures seem headed towards the 100-WMA (Weekly Moving Average) which stands at Rs 54,150 level; below which the next target shall be the 200-WMA.

MCX slips 9% as Sebi stops launch of new commodity derivative platform

Sebi has asked MCX to put on hold the proposed plan to launch its new commodity derivatives platform (CDP) planned for next week