Zinc futures zoom 1.99% on global cues

Zinc futures jumped nearly 2 per cent during evening trade in the domestic market on Thursday as investors and speculators extended their positions in the industrial metal on surge in demand on the back of easing greenback and weakness in US Treasury yields.

The US Treasury yield curve flattened to almost 10-year lows on Wednesday as investors evaluated the impact of hawkish Federal R

White metal shines as dollar, US Treasury yields weaken

Silver futures were trading higher during evening trade in the domestic market on Thursday as investors and speculators extended their positions in the precious metal on safe-haven demand after rising safe-haven demand on the back of easing greenback and weakness in US Treasury yields.

The US Treasury yield curve flattened to almost 10-year lows on Wednesday as investors evaluated the

Yellow metal shines as dollar, US Treasury yields weaken

Gold futures were trading higher during afternoon trade in the domestic market on Thursday as investors and speculators extended their positions in the precious metal after rising safe-haven demand on the back of easing greenback and weakness in US Treasury yields.

The US Treasury yield curve flattened to almost 10-year lows on Wednesday as investors evaluated the impact of hawkish Fe

Crude oil futures rise 0.33% as US stockpiles drop

Crude oil futures were trading higher during afternoon trade in the domestic market on Thursday as investors and speculators extended their positions in the energy commodity as US crude and gasoline stockpiles plunge. However, worries over whether Organization of Petroleum Exporting Countries (OPEC) and other producers’ efforts to slash output would be able to rein in a 3-year glut contin

Copper futures little changed on tight supply data

Copper futures were little changed during afternoon trade in the domestic market on Thursday as investors and speculators extended their positions in the industrial metal after data showing the metals's shift to global a supply deficit.

According to the industry data released this week, the global world refined copper market showed a 5,000 tonne deficit in March, against 102,000 t

Gold prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Wednesday, gold prices closed higher by 0.3 percent at $1246.1 per ounce recovered after touching $1241/oz, level last seen in May’17, supported by weaker dollar along with sharp plunge in global equities.

Earlier, prices lost momentum after a string of hawkish comments by Fed

22/06/2017 12:02:24 PM | Posted in Commodities Reports read full news
Subdued physical demand drags down lead futures by 0.29%

Lead futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators remained on the sidelines in the industrial metal on muted physical demand for lead, from battery-makers, in the domestic spot market.

Further, a decline in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade.

22/06/2017 11:10:22 AM | Posted in Commodity Top News read full news
Aluminium futures keep head above water

Aluminium futures were trading higher during morning trade in the domestic market on Thursday as investors and speculators extended their positions in the industrial metal amid an increase in physical demand for aluminium at the domestic spot market.

Further, a rise in physical demand for aluminium at the domestic spot market was led by building up of fresh bets by traders in the spot

22/06/2017 11:07:17 AM | Posted in Commodity Top News read full news
Muted physical demand bites mentha oil futures

Mentha oil futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators remained on the sidelines in the agri-commodity on subdued physical demand for mentha oil from major consuming industries in the domestic spot market.

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

22/06/2017 11:04:48 AM | Posted in Commodity Top News read full news
Uptick in demand lifts cardamom futures by 2.07%

Cardamom futures rose over 2 per cent during morning trade in the domestic market on Thursday as investors and speculators build up fresh positions in the agri-commodity amid surge in physical demand for cardamom in the domestic spot market.

Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the upward trend in the domes

22/06/2017 11:02:19 AM | Posted in Commodity Top News read full news
Nickel futures keep head above water

Nickel futures were trading higher during evening trade in the domestic market on Wednesday as investors and speculators extended their positions in the industrial metal amid uptick in physical demand as equities fell and the greenback eased following a plunge in crude oil prices.

Further, a renewed drop in oil markets put Asian investors on edge, and pushed down US Treasury yields an

Zinc futures climb 1.30% on global cues

Zinc futures jumped over 1 per cent during evening trade in the domestic market on Wednesday as investors and speculators extended their positions in the industrial metal on surge in demand as equities fell and the greenback eased following a plunge in crude oil prices.

Further, a renewed drop in oil markets put Asian investors on edge, and pushed down US Treasury yields and the dolla

White metal shines as equities fall

Silver futures were little changed during evening trade in the domestic market on Wednesday as investors and speculators extended their positions in the precious metal on safe-haven demand as equities fell and the greenback eased following a plunge in crude oil prices.

Further, a renewed drop in oil markets put Asian investors on edge, and pushed down US Treasury yields and the dollar

Copper futures little changed on muted demand

Copper futures were little changed during afternoon trade in the domestic market on Wednesday as investors and speculators remained on the sidelines in the industrial metal amid a weak trend at the domestic spot markets due to subdued demand.

Further, a weak trend at the domestic spot markets on the back of low demand from consuming industries, put pressure on copper prices in futures

Yellow metal inches up as equities fall

Gold futures were trading higher during afternoon trade in the domestic market on Wednesday as investors and speculators extended their positions in the precious metal on safe-haven demand as equities fell and the greenback eased following a plunge in crude oil prices

Further, a renewed drop in oil markets put Asian investors on edge, and pushed down US Treasury yields and the dollar

Lead futures little changed on muted physical demand

Lead futures were little changed during morning trade in the domestic market on Wednesday as investors and speculators remained on the sidelines in the industrial metal on muted physical demand for lead, from battery-makers, in the domestic spot market.

Further, a decline in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade.

21/06/2017 12:25:25 PM | Posted in Commodity Top News read full news
Uptick in demand buoys aluminium futures

Aluminium futures were trading higher during morning trade in the domestic market on Wednesday as investors and speculators build up fresh positions in the industrial metal amid surge in physical demand for aluminium at the domestic spot market.

Further, an increase in physical demand for aluminium at the domestic spot market was led by building up of fresh bets by traders in the spot

21/06/2017 12:09:10 PM | Posted in Commodity Top News read full news
Mentha oil futures drop 0.65% on muted demand

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

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

21/06/2017 12:05:57 PM | Posted in Commodity Top News read full news
Subdued physical demand bites cardamom futures

Cardamom futures were trading lower during morning trade in the domestic market on Wednesday as investors and speculators cut down their positions in the agri-commodity amid slide in physical demand for cardamom in the domestic spot market.

Further, sufficient supplies on higher physical arrivals from the major cardamom producing regions, influenced the downward trend in the domestic

21/06/2017 12:04:06 PM | Posted in Commodity Top News read full news
We expect MCX copper prices to trade sideways today - Angel Commodities

Gold

On Tuesday, gold prices closed flat at $1242.8 per ounce although a minor recovery was witnessed during the day. Prices lost momentum after a string of hawkish comments by Fed members.

Latest comments by Boston Fed President Eric Rosengren on Tuesday that low interest rates do pose financial stability concerns that central bankers and th

21/06/2017 11:42:02 AM | Posted in Commodities Reports read full news
Nickel futures up 0.45% on supply concerns

Nickel futures were trading higher during evening trade in the domestic market on Tuesday as investors and speculators extended their positions in the industrial metal on supply tightening bets.

According to an industry association executive, about twelve newly constructed nickel smelters in Indonesia have stopped operations on the back of slide in nickel prices, while others are oper

Zinc futures gain on supply concerns

Zinc futures were trading higher during evening trade in the domestic market on Tuesday as investors and speculators extended their positions in the industrial metal on bets that supplies were tightening.

Further, news of a market deficit, an expected strike in major producer Peru, and declining inventories, supported zinc prices at futures trade. At the MCX, zinc futures for June 201

White metal shines on political tensions

Silver futures were trading higher during afternoon trade in the domestic market on Tuesday as investors and speculators extended their positions in the precious metal on safe-haven demand on the back of global political uncertainties.

Further, precious metal got support from risk aversion due to Brexit, concerns over US President Trump's ability to carry out financial reforms, Eu

Subdued demand bites copper futures

Copper futures were trading lower during afternoon trade in the domestic market on Tuesday as investors and speculators exited their positions in the industrial metal amid a weak trend at the domestic spot markets due to subdued demand. Further, a weak trend at the domestic spot markets on the back of low demand from consuming industries, put pressure on copper prices in futures trade.

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Yellow metal little changed on firm dollar

Gold futures were little changed during noon trade in the domestic market on Tuesday as investors and speculators remained on the sidelines in the precious metal as safe-haven demand faded on firmer greenback against a basket of other currencies owing to US Federal Reserve’s plan to stick to hiking rates.

However, risk aversion due to Brexit, concerns over US President Trump'