Commodity

Copper prices for lifetime reached Rs 754.20 per kg on green infrastructure push

During intraday on MCX, on April 26, copper prices rose to Rs 753.50 per kg after touching a new lifetime of Rs 754.20. In the evening session, the base metal opened after extended gains to trade at the day’s high. The non-ferrous metal has exceeded the moving averages of 5, 20, 50, 100 and 200 …

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Crude palm oil slips after hitting new lifetime high on profit booking

Crude palm oil futures reached Rs 1,210.90 per 10 kg on April 23 after touching a new lifetime high of Rs 1,231 during intraday on MCX. Malaysian palm oil futures slipped 1.54 percent to 3,929 ringgits on Bursa Malaysia Bhd. Crude palm oil traded in negative territory after a lapse in the evening session.Agri commodities …

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Prices for gold hover around Rs 47,000 per 10 gm in a global silent trend; silver drops by Rs 70 a kg

Prices for gold fell on the fourth straight day by Rs 42 to Rs 47,017 per 10 grams in the Mumbai grocery market in silenced global trends. Investors were cautious ahead of US August Inflation data to be released later in the day that could give clues to the Federal Reserve’s decision to lower its …

Prices for gold hover around Rs 47,000 per 10 gm in a global silent trend; silver drops by Rs 70 a kg Read More »

Gold demand raised due to Akshaya Tritiya : Navneet Damani of Motilal Oswal

Gold and other commodities were able to ride the reflation trade very high last week, resulting in prices trading well above $ 1800 per troy ounce per 10 week high. Our frequent crunch in the market seems to be revisiting an unprecedented week in terms of market news and major results, ahead of the April …

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Copper price hits the all-time highs in growing demand, makes a cup and holds a chart pattern

The copper price has been resolved to a whole new level in LME, COMEX and MCX supporting industry speculators and consumers in the wake of healthy economic data as the global economy recovers from the epidemic. The red metal finished the week with an increase of $ 31.3 or 4.14 percent in the fourth straight …

Copper price hits the all-time highs in growing demand, makes a cup and holds a chart pattern Read More »

The cotton futures increases by 1.06% to Rs 21,840 per bale, a momentum

Cotton futures traded above Rs 21,840 per bale on April 8 as participants reduced their positions as evidenced by open interest rates. Prices were up by Rs 40 or 0.19 per cent on March 7 to be paid at Rs 21,610 / bale on MCX. Agricultural property was sold in a good location after the …

The cotton futures increases by 1.06% to Rs 21,840 per bale, a momentum Read More »

Gold prices slip to Rs 47,351/10 gram on firm ; Silver Rs 727 per kg

In the Mumbai retail market, the price of gold fell by Rs 455 to Rs 47,351 per 10 grams. However, an increase in coronovirus cases, strong yields and expectations of the US Federal Reserve’s dovish stance confounded the downside. India has continued to record the world’s highest daily COVID-19 infections, which has also forced the …

Gold prices slip to Rs 47,351/10 gram on firm ; Silver Rs 727 per kg Read More »

Gold came after a short consolidation, rising 2.19% this week; bullish support momentum: Experts

Gold prices rose 2.19 per cent during the week to pay Rs 47,760 per 10 grams for safe purchases between growing coronavirus cases and details of weak US operations, but the set side was bound by a strong rupee. The weakness of the dollar and the declining yield helped revive some bullion purchases after last …

Gold came after a short consolidation, rising 2.19% this week; bullish support momentum: Experts Read More »

Commodities get out of the way behind the US dollar, but the challenge of increasing cases of COVID-19 remains.

After days of range bound and directionless movement, commodities have shown some signs of life amid continued weakness in the United States Dollar and continuing optimism about the US and Chinese economy. Gold, which had been struggling in the range of $ 1,670-1,750 an ounce for the past few weeks, has hit the highest level …

Commodities get out of the way behind the US dollar, but the challenge of increasing cases of COVID-19 remains. Read More »

Prices of silver remain at Rs 67,943 per kg as the US dollar depreciates; speculators cut a long distance

Silver prices stabilized on June 28 following a reduction in gold prices and the weakness of the dollar. The precious metal received Rs 293 or 0.43 percent last week in the MCX. The white metal sold in a good location after the start of the track to silence world indicators.Small precious metals have been trading …

Prices of silver remain at Rs 67,943 per kg as the US dollar depreciates; speculators cut a long distance Read More »

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