TAG: commodity market
Commodity market today: Jeera hits record high on demand-supply constraints. Experts see more upside
Commodity market today: Due to low yield in India and rising demand in domestic and international market, Jeera price today climbed to a new life-time high of ₹46,250 per quintal on NCDEX (National Commodity Exchange), bettering its previous record high...
6 months agoGold price retraces from record high on US Fed's rate hike buzz. Buy or wait?
Gold rate today: On account of US Fed's rate hike buzz, gold price retraced more than ₹1,400 from its life-time high of ₹61,371 per 10 gm on Multi Commodity Exchange (MCX). Gold future contract for June 2023 on MCX finished at ₹59,945 levels on Friday. I...
6 months agoGold price regains $2000 level after ease in US dollar. Should you buy?
Gold rate today: Following ease in US dollar rates due to rising concerns for economic slowdown in the US, gold price today appreciated and regained the psychological $2,000 per ounce levels in early morning deals. However, gold price had a muted opening...
6 months agoGold rate today jumps on soft US dollar, US Fed rate hike buzz. Buy or wait?
Gold rate today: On account of ease in US dollar rate and market buzz about 25 bps interest rate hike by the US Fed, gold price today opened upside in international and domestic commodity market today. Gold future contract for June 2023 on Multi Commodit...
6 months agoGold rate today below $2000 levels. Experts predict more dip on US Fed rate hike
Gold rate today slipped below the psychological $2,000 per ounce levels in early morning deals on Friday as speculations on US Fed rate hike continue to support US dollar. Gold future contract for June 2023 on Multi commodity Exchange (MCX) slipped over...
6 months agoGold price regains buying interest on ease in US dollar rate. Should you buy?
Gold rate today witnessed buying interest during early morning deals during in commodity market today. Gold future contract on Multi Commodity Exchange (MCX) for June 2023 expiry, opened with upside gap at ₹60,229 per 10 gm levels and went on to hit intr...
6 months agoGold price sustains above $2000 despite retreat in US dollar. Should you buy?
Gold rate today: Despite US dollar continued to attract buying interest of currency market bulls, gold price today sustained above $2,000 per ounce levels in international market that triggered bottom fishing in Indian markets as well. Gold future contra...
6 months agoGold price remains steady at record high. Silver hits new peak
Gold rate today: On account of weak US dollar and fresh wave of bank crisis in US, gold and silver price rally extended for yet another session in global and domestic market. Gold future contract for June 2023 on Multi Commodity Exchange (MCX) opened hig...
6 months ago
Gold, silver price retraces from life-time high. Should you buy in this correction?
Gold rate today: After climbing to a new peak in the week gone by, both gold and silver prices witnessed profit booking on the weekend sessions. Retracing from its new peak of ₹61,845 per 10 gm, gold future contract for June 2023 in Multi Commodity Excha...
6 months agoGold, silver rate today trade tepid as investors await US inflation data release this week
Gold and silver rate today opened higher but remained in tight range, signaling cautious movement as investors await crucial US inflation data release this week. Gold rate today opened lower but soon caught upside momentum and went on to climb to its int...
6 months ago
Gold price stabilises, but silver and Brent crude price head lower
Gold rallies off the lows Monday saw the spot gold price fall back to the 50-day simple moving average (SMA), before rebounding. However, it remains at risk of further declines in the short-term testing the 50-day SMA once more. A close below this a...
2 months ago
Gold price trades near record highs, US natural gas prices stall while oil remains under pressure
Gold price stays near record high On Tuesday the spot gold price rose to a new record high at around $2,531.00 per troy ounce as demand for the precious metal remained high. Last month global gold jumped to near the highest level in 14 years in July....
1 month ago
Trade of the week: long sugar
(AI video summary) Previous Arabica coffee & soybean trading outcomes In this week’s edition of Trade of the week, Axel Rudolph revisits some recent trades and analyses their outcomes while introducing a new opportunity in the commodities market. In l...
1 month ago