Page 9 - Commodity Trading

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.

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

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.

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.

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.

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.

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

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

Silver prices remain vulnerable amidst weakness in industrial commodities

Silver price outlook by Sharekhan: Silver continues to lag gold as investors are concerned about the global economy, especially the Chinese and the US economies

Silver remains vulnerable to US, China economic growth concerns

Silver price outlook by Sharekhan: Silver is expected to be volatile on contrasting factors like slowdown in China, US recession concerns, volatile yields and US rate cut speculations.

Here's why Gold prices may decline; Support seen at Rs 69,400

Gold outlook by Sharekhan: The MCX Gold futures are expected to trade in the range of Rs 68,200 and Rs 70,700 in near term, analyst Praveen Singh.

Crude Oil prices down 9% in 5 weeks on growth worries; outlook stays tepid

The overall sentiment in oil remains bearish and we expect prices to see further sell towards the support of $70 and $68 per barrel, says Mohammed Imran of Sharekhan by BNP Paribas.

Trading strategy today: Silver may test support of Rs 76,200 in near-term

How to trade silver today: Silver has been one of the weakest commodities this month as risk aversion continues to linger

Gold to stay volatile amid Yen unwinding; Sharekhan shares trading strategy

Gold price today, August 7, 2024: Barring any major developments on the geopolitical front, gold may slide further

How to trade WTI crude oil amid US recession, Iran-Israel war concerns?

Oil trading strategy, August 6, 2024: Oil prices are expected to remain subdued in short to medium term as demand has deteriorated sharply from Asia and, with the US on the verge of recession

Gold price outlook turning constructive on hopes of rate cut: Sharekhan

Gold prices likely to be volatile and choppy ahead of the key US macroeconomic releases, says analyst at the brokerage firm.

Silver Price Outlook: Global economic worries weigh, says Sharekhan

Buying the dips with appropriate stop-losses is likely to be preferred strategy for Silver as the US nonfarm payroll report looms, says Praveen Singh of Sharekhan by BNP Paribas.

Crude Oil outlook: Global conflicts, rate cut optimism up bullish bets

The geo-political risk and expectation of three rate cuts from US fed has triggered rally in oil prices, says Mohammed Imran.

Trading strategy, July 31: Silver may consolidate gains before Fed outcome

How to trade Silver today: As the markets have already discounted September rate cut by the US Fed, the metal may fall unless the Fed gives clear guidance on possible rate cuts going forward

Crude oil strategy for Budget 2024 day: WTI eyes breakout, next target: $82

Budget 2024-25: How to trade WTI crude oil today? Find out strategy, key levels here