Commodity

The crude oil futures jumps by almost 2 percent on growing demand for petrol Brent trading near $ 71 / bbl

The crude oil futures is very high in the hope that petrol prices will grow next quarter with the reopening of economic activities. Oil prices rose during the OPEC + meeting today to review the world market and discuss their production plan. At MCX, crude oil delivery in June earned Rs 97, or 1.99 percent, …

The crude oil futures jumps by almost 2 percent on growing demand for petrol Brent trading near $ 71 / bbl Read More »

Gold Price Today: Yellow metal sells high track traces; experts see prices as high as Rs 48,365

The Gold price in the futures market increases the profitability of the second consecutive session on May 17 to track the global situation by reducing yield yields and weaknesses in the US dollar. The June futures of yellow metal rose by Rs 301 or 0.63 percent to Rs 47,977 per 10 grams per MCX, in …

Gold Price Today: Yellow metal sells high track traces; experts see prices as high as Rs 48,365 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 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 »

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 »

China opens its borders to import billions of dollars of gold

China has allowed domestic and international banks to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of decline. China is the world’s largest consumer of gold, buying hundreds of tons of precious metal worth billions of dollars each year, …

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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 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 »

Crude palm oil futures fell 0.72% to Rs 1,198 per 10 kg in evening trade

Crude palm oil futures fell to Rs 1,198 per 10 kg on 26 April as participants trimmed open interest figures according to their interest. Malaysian palm oil futures dropped 0.84 percent to 3,894 ringgits on Bursa Malaysia Bhad. Crude palm oil traded in negative territory after a lapse in the evening session.Agri commodities have been …

Crude palm oil futures fell 0.72% to Rs 1,198 per 10 kg in evening trade Read More »

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