Page 2 - Commodity Trading

Oil outlook: Supply excess, weak Asia demand to keep WTI in $61-66 range

WTI crude oil prices opened weaker, tumbling over 4 per cent in early trading, a sharp reversal from the prior week's modest 2.2 per cent.

Crude oil prices to not stay low for long; Kotak maintains $70/bbl target

Despite Western countries imposing sanctions and gradually widening measures, Russia's oil exports have not been significantly impacted so far, Kotak said

Platinum: Gold's elder cousin poised for a comeback

For those willing to take a long-term view, platinum may once again reclaim its title as the elder cousin among precious metals - not necessarily surpassing gold in absolute terms but closing the gap

Silver trading strategy: Here's how to trade Silver today; check key levels

Huge surge in silver ETF inflows is the major driver of this stunning ongoing silver rally as Fed rate cut expectations boost investors' sentiments

Gold crosses ₹1.18 lakh per 10g amid rupee weakness, global uncertainty

Gold prices surged Rs 2,700 to scale a new peak of Rs 1,18,900 per 10 grams in the national capital amid sustained global demand for the safe-haven asset while rupee touching a new low facing the brunt of US H-1B visa fee hike. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity had closed at Rs 1,16,200 per 10 grams in the previous market session. In the local bullion market, gold of 99.5 per cent purity rallied Rs 2,650 to hit a record high of Rs 1,18,300 per 10 grams (inclusive of all taxes). It had settled at Rs 1,15,650 per 10 grams on Monday. Traders said the rupee's steep fall against the US dollar added to the rally of the precious metal. Silver prices also skyrocketed by Rs 3,220 to hit an all-time high of Rs 1,39,600 per kilogram (inclusive of all taxes) on Tuesday. The white metal had ended at Rs 1,36,380 per kg in the previous session. On Tuesday, the rupee depreciated 47 paise to hit an all-time low of 88.75 (provisional) against th

Here's how to trade Silver on September 19; check resistance, support here

Spot silver closed with a loss of over 2 per cent at $41.67 MOz on September 17 as the US Dollar Index and bond yields spiked higher on the Fed Chair Powell's comments in his post FOMC presser

Gold outlook: Rate cut supports long-term upside; buy on dips, says analyst

Spot gold hit a new record high of $3,707 on September 17 as the US Federal Reserve cut the Fed Fund overnight rate by 25 bps to 4-4.25 per cent range and signalled two more rate cuts by the end of th

Crude oil prices to see continued volatility; check strategy, key levels

Brent crude faces limited upside above $70, as higher prices may dampen Chinese demand, while increased OPEC+ production is helping offset geopolitical risks

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 strategy on Sept 3: Support at ₹103,500; Resistance at ₹109,500

Gold outlook: Spot gold continues to find robust support from a confluence of macroeconomic factors, chief among them being the rapidly deteriorating fiscal landscape in major economies.

Stock Market Holiday: Are NSE, BSE closed today for Ganesh Chaturthi 2025?

Stock Market Holiday: Indian equity markets will remain closed for trading today on account of Ganesh Chaturthi

Trading Strategy: Here's how to trade Silver today; key levels to watch

Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, recommends buying on dips rather than chasing the rally. He also advises closely monitoring the geopolitical situation

Gold outlook: Analyst suggests 'buy on the dips'; check support, resistance

Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, has shared his outlook for the yellow metal

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

In ultra short-term, spot silver is likely to be under pressure on reduced safe haven demand and a firmer US Dollar

Gold rate outlook: Will yellow metal decline further? Analyst predicts this

Gold is under pressure from geopolitical factors as traders expect that the US-driven peace efforts may lead to a breakthrough in the Ukraine war talks

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.