Page 23 - Commodity Trading

Sebi tweaks exercise mechanism of options on commodity futures

Under mechanism, Sebi said All In the Money option contracts will be exercised automatically, unless 'contrary instruction' has been given by long position holders of such contracts for not doing so

Commodity currencies boosted by hopes Omicron variant will be mild

The dollar index was steady and riskier currencies picked up on Tuesday, as traders bet that the Omicron variant of COVID-19 would not be as severe as previously expected.

Gold price today at Rs 48,340 per 10 grams; silver at Rs 66,500 a kg

The rate of gold jewellery varies across the nation due to excise duty, state taxes, and making charges.

Gold price today Rs 48,250 for 10 gram; silver at Rs 64,700 per kg

The price of gold differs across the nation owing to excise duty, state taxes, and making charges.

Gold price today at Rs 47,380 per 10 gm, silver selling at Rs 63,000 a kg

Silver is selling at Rs 63,000 per kg, unchanged from yesterday's trading session.

Gold price today at Rs 47,500 per 10 gm, silver trending at Rs 63,600 a kg

The price of gold jewellery varies across India, the second-largest consumer of the metal, due to taxes and duties.

Correction in metals may provide buying opportunity for investors

If demand remains good, investors can purchase at moderate valuations

Bhavik Patel of Tradebulls Securities is bearish on Silver, Lead; check why

Despite base metals showing healthy upside this week, silver continues to drift downside

Trading strategies for copper and natural gas by Tradebulls Securities

There are no reversal patterns on chart and support comes around 268 for natural gas

Covid: Delta variant upsurge keeps equity and commodity bulls in check

Markets are also jittery at the start of an eventful week that will see the US second-quarter earnings season kick off

Gold price today at Rs 46,980 per 10 gm, silver trending at Rs 69,000 a kg

The price of 22-carat-gold in Delhi stood at Rs 46,800. In Chennai, the price was Rs 45,500, and in Mumbai, it was Rs 46,980.

Trading strategies for nickel and lead by Tradebulls Securities

Any breach below 1,340-1,350 would crash Nickel's prices till 1,300

Trading strategies for copper and aluminum by Tradebulls Securities

The trend for aluminum has shifted from 'neutral' to 'positive'

Trading strategies for gold and aluminum by Tradebulls Securities

In gold, fresh selling can commence below 46,800 levels while buying can commence above 47,300.

Gold is in overbought zone, trade cautiously: Bhavik Patel of Tradebulls

Gold's next move is expected on Friday when the US Labor Department releases its non-farm payrolls report for May

Here's why Bhavik Patel of Tradebulls thinks Brent crude may hit $80 soon

Crude oil prices are above their daily 5, 8, 13, and 21 day moving average envelope, which is in bullish sequential order

Cryptocurrency crash will support rally in gold: Bhavik Patel of Tradebulls

We are bullish on gold and expect gold to test Rs 48,800- Rs 49,400 this week

Statsguru: Commodity supercycle may hurt India amid Covid-19 pandemic

After a year of limited activity, several economies are expecting a faster-than-usual bounce back to normal. This has led to an increase in commodity prices across the board

'Any level between Rs 45,000-Rs46,000 is ideal for investing in Gold'

If prices gets lower around Rs 46,650 during Akshaya Tritiya 2021, we would recommend investors to buy

Trading strategies for Brent crude and zinc by Tradebulls Securities

Air travel is on the rise in the US and despite severe cases of Covid in India and Brazil, rest of world is coming out of the pandemic