White metal dips on feeble global cues

Silver futures were trading lower during the afternoon trade in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.

At the MCX, silver futures for Sept

Aluminium futures surge on rising demand

Aluminium futures were trading higher during the noon trade in the domestic market on Thursday as speculators raised bets, amid rise in demand at the spot market. Analysts said widening of positions by participants due to pick up in demand from consuming industries in the spot market mainly influenced aluminium prices at futures trade.

At the MCX, aluminium futures for July 2017 contr

Zinc futures up on increasing demand

Zinc futures were trading higher during the afternoon trade in the domestic market on Thursday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets. Market analysts attributed the rise in zinc futures to fresh bets created by participants on the back of rising demand at the domestic spot market.

At the MCX, zinc futures for July 201

Yellow metal edges lower ahead of ECB meeting

Gold is trading in the red in the afternoon trade on Thursday as markets looked to a meeting of the European Central Bank (ECB) later in the day for clues on the outlook for its stimulus programme.

At the MCX, gold futures for August 2017 contract is trading at Rs 28194 per 10 grams, down by 0.20 per cent, after opening at Rs 28217, against a previous close of Rs 28250. It touched the

20/07/2017 12:50:14 PM | Posted in Commodity Top News read full news
Copper futures rise 0.45% on spot demand

Copper futures were trading higher during the noon trade in the domestic market on Thursday as traders widened their bets amid firm global cues. Analysts said, pick-up in demand from consuming industries in the spot market mainly supported the upside in copper futures.

At the MCX, copper futures for August 2017 contract is trading at Rs 388.00 per kg, up by 0.45 per cent, after openin

20/07/2017 12:48:38 PM | Posted in Commodity Top News read full news
Lead futures rise on pickup in demand

Lead futures were trading higher during the afternoon trade in the domestic market on Thursday as participants created fresh positions, taking positive cues from spot market on pick-up in demand. Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.

At the MCX, l

20/07/2017 12:25:27 PM | Posted in Commodity Top News read full news
Mentha oil futures down on subdued demand

Mentha oil futures were trading lower during the morning trade in the domestic market on Thursday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market.

Further, exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil fro

20/07/2017 11:57:59 AM | Posted in Commodity Top News read full news
Cardamom futures up amid pickup in demand

Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom

20/07/2017 11:35:53 AM | Posted in Commodity Top News read full news
Crude oil prices are expected to trade sideways today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices fell marginally to close at $1240.4 per ounce as dollar recovered from ten month lows touched in the aftermath of failure of US HealthCare bill and softening stance of the Federal Reserve.

Also, SPDR gold holdings fell 5.6 tonnes to five month low of 821.

20/07/2017 11:07:28 AM | Posted in Commodities Reports read full news
Yellow metal trading in red on profit booking

Gold is trading in red in early trade on Wednesday on account of profit booking amid tepid demand of precious metals by jewellers, investors and retailers. At the MCX, gold futures for August 2017 contract is trading at Rs 28204 per 10 grams, down by 0.17 per cent, after opening at Rs 28255, against a previous close of Rs 28253. It touched the intra-day high of Rs 28255 (at 12:30 hours).

Aluminium futures up on rising demand

Aluminium futures were trading higher during the noon trade in the domestic market on Wednesday as speculators raised bets, driven by rise in demand at the spot market. Analysts said widening of positions by participants due to pick up in demand from consuming industries in the spot market mainly influenced aluminium prices at futures trade.

At the MCX, aluminium futures for July 2017

Zinc futures rise on pickup in demand

Zinc futures were trading higher during the afternoon trade in the domestic market on Wednesday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets. Market analysts attributed the rise in zinc futures to fresh bets created by participants on the back of rising demand at the domestic spot market.

At the MCX, zinc futures for July 20

Lead futures up on pickup in demand

Lead futures were trading higher during the afternoon trade in the domestic market on Wednesday as participants created fresh positions, taking positive cues from spot market on pick-up in demand. Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.

At the MCX,

Yellow metal trading in red on profit booking

Gold is trading in red in early trade on Wednesday on account of profit booking amid tepid demand of precious metals by jewellers, investors and retailers.

At the MCX, gold futures for August 2017 contract is trading at Rs 28204 per 10 grams, down by 0.17 per cent, after opening at Rs 28255, against a previous close of Rs 28253. It touched the intra-day high of Rs 28255 (at 12:30 hour

19/07/2017 12:48:51 PM | Posted in Commodity Top News read full news
Copper futures gain on spot demand

Copper futures were trading higher during the noon trade in the domestic market on Wednesday as traders widened their bets amid firm global cues. Analysts said, pick-up in demand from consuming industries in the spot market mainly supported the upside in copper futures.

At the MCX, copper futures for August 2017 contract is trading at Rs 389.50 per kg, up by 0.13 per cent, after openi

19/07/2017 12:35:03 PM | Posted in Commodity Top News read full news
Mentha oil futures up on spot demand

Mentha oil futures were trading higher during the morning trade in the domestic market on Wednesday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oi

19/07/2017 11:49:22 AM | Posted in Commodity Top News read full news
Cardamom futures dip on subdued demand

Cardamom futures were trading lower during the morning trade in the domestic market on Wednesday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level; fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.

At the MCX, cardamom

19/07/2017 11:16:21 AM | Posted in Commodity Top News read full news
Gold prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices rose by 0.65 percent to close at $1242 per ounce as prices hit a more than two-week high supported by expectations of stronger demand from the physical market and as the dollar fell on fading prospects of an imminent increase in U.S. interest rates.

Data fr

19/07/2017 10:06:43 AM | Posted in Commodities Reports read full news
Zinc futures dip on subdued demand

Zinc futures were trading lower during the afternoon trade in the domestic market on Tuesday as speculators trimmed positions amid easing demand in the spot market. Analysts said offloading of positions by participants on the back of tepid demand in the spot markets, mainly led to decline in zinc prices at futures trade.

At the MCX, zinc futures for July 2017 contract was trading at R

Muted demand drags down Aluminium futures 0.33%

Aluminium futures were trading lower during the noon trade in the domestic market on Tuesday as investors and speculators slashed their bets in the industrial metal amid fall in physical demand for aluminium at the domestic spot market. Further, a slide in physical demand for aluminium at the domestic spot market was due to trimming of positions by traders in the spot markets.

At the

White metal rises amid positive global cues

Silver futures were trading higher during the afternoon trade in the domestic market on Tuesday taking positive cues from the global market. Market analysts said a firm trend in precious metals in global market mainly attributed to the rise in silver prices at the futures trade.

At the MCX, silver futures for September 2017 contract were trading at Rs 37435 per kg, up by 0.07 per cent

Yellow metal up amid subdued equity market

Gold futures were trading higher in the domestic market on Tuesday on account of buying in precious metals by jewellers, industries and retailers amid subdued equity markets. The recent softer economic data raised the speculation that the Federal Reserve may be reluctant to increase interest rates quickly, invariably leading to the rise in gold prices.

At the MCX, gold futures for Aug

Copper futures slide 0.39% on tepid demand

Copper futures were trading lower during the noon trade in the domestic market on Tuesday as traders indulged in reducing their positions. Analysts attributed the fall in copper prices at futures trade to a weak trend in base metals at the domestic spot markets due to low demand from consuming industries.

At the MCX, copper futures for August 2017 contract is trading at Rs 387.80 per

Lead futures dip on subdued demand

Lead futures were trading lower during the afternoon trade in the domestic market on Tuesday as participants reduced their exposure amid subdued demand from consuming industries in the spot market. Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.

At the MCX, lead futures for July 2017 contract were trading at Rs 146.

Mentha oil futures down on subdued demand

Mentha oil futures were trading lower during the morning trade in the domestic market on Tuesday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market.

Further, exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from