White metal loses shine on weak overseas cues

Silver futures were trading lower during evening trade in the domestic market on Wednesday as investors and speculators exited their positions in the precious metal as safe-haven demand faded amid firm US dollar against a basket of other currencies.

The greenback remained firm ahead of a clutch of speeches from US Fed officials this week for clues on the timing of possible interest ra

Zinc futures dip on feeble global cues

Zinc futures were trading lower during the afternoon trade in the domestic market on Wednesday as investors and speculators trimmed their positions in the industrial metal on supply concerns.

At the MCX, zinc futures for February 2017 contract is trading at Rs 190.45 per kg, down by 0.81 per cent, after opening at Rs 190.85, against a previous close of Rs 192. It touched the intra-day

Nickel futures dips on muted demand

Nickel futures were trading lower during the evening trade in the domestic market on Wednesday as investors and speculators indulged in profit booking in the industrial metal on slide in physical demand amid firm US dollar.

The greenback remained firm ahead of a clutch of speeches from US Fed officials this week for clues on the timing of possible interest rate hike.

At the

Copper futures dip on strong dollar

Copper futures were trading lower during the evening trade in the domestic market on Wednesday as investors and speculators exited their positions in the industrial metal on strength in the US dollar.

However, ongoing supply worries from industrial action in Chile and an Indonesian export permit dispute supported copper prices. A stronger greenback erodes buying power for those paying

Yellow metal in reverse gear

Gold futures were trading lower during the afternoon trade in the domestic market on Wednesday as investors and speculators exited their positions in the precious metal as safe-haven demand faded amid firm US dollar against a basket of other currencies.

The greenback remained firm ahead of a clutch of speeches from US Fed officials this week for clues on the timing of possible interes

We expect oil prices to trade higher - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices declined marginally by 0.2 percent to close at $1235.9 per ounce after falling 1 percent the day before on renewed expectations of an increase in U.S. interest rates next month that pushed the dollar higher.

The dollar strengthened after Federal Reserve membe

22/02/2017 12:24:38 PM | Posted in Commodities Reports read full news
Lead futures drop on ease in demand

Lead futures were trading lower during morning trade in the domestic market on Wednesday as investors and speculators cut down their bets in the industrial metal amid fall in physical demand for lead, from battery-makers, in the domestic spot market.

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

Aluminium futures rise on increasing demand

Aluminium futures were trading higher during afternoon trade in the domestic market on Wednesday as speculators built up fresh positions after pick-up in demand in the spot market amid positive global cues.

Analysts said participants created fresh positions due to pick up in demand from consuming industries in the spot market and strength in copper and other base metals overseas, main

Mentha oil rises on surging demand

Mentha oil futures were trading higher during the afternoon trade in the domestic market on Wednesday as investors and speculators increased their bets in the agri-commodity amid rising physical demand for mentha oil from major consuming industries in the domestic spot market.

At the MCX, mentha oil futures for February 2017 contract is trading at Rs 1018.50 per kg, up by 0.33 per cen

Cardamom futures surge on rising demand

Cardamom futures were trading higher during the afternoon trade in the domestic market on Wednesday as investors and speculators built up fresh bets in the agri-commodity amid increase 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 d

Gold slips on firmer dollar, market looks to Fed minutes

By Sethuraman N R

Gold slipped on Wednesday as the dollar firmed, with investors looking to minutes from the U.S. Federal Reserve's latest meeting for clues on the timing of interest rate hikes.

Spot gold had dropped 0.2 percent to $1,233.41 per ounce by 0645 GMT, while U.S. gold futures fell 0.4 percent to $1,234.60. Spot gold dropped as much as 1 percent to touch a one

White metal loses shine on weak overseas cues

Silver futures were trading lower during evening trade in the domestic market on Tuesday as investors and speculators exited their positions in the precious metal as safe-haven demand faded amid firm US dollar against a basket of other currencies.

The greenback remained firm ahead of a clutch of speeches from US Fed officials this week for clues on the timing of possible interest rate

Copper futures drop on dollar

Copper futures were trading lower during evening trade in the domestic market on Tuesday as investors and speculators exited their positions in the industrial metal on strength in the US dollar. However, ongoing supply worries from industrial action in Chile and an Indonesian export permit dispute supported copper prices.

A stronger greenback erodes buying power for those paying for d

Yellow metal in reverse gear

Gold futures were trading lower during afternoon trade in the domestic market on Tuesday as investors and speculators exited their positions in the precious metal as safe-haven demand faded amid firm US dollar against a basket of other currencies.

The greenback remained firm ahead of a clutch of speeches from US Fed officials this week for clues on the timing of possible interest rate

Crude oil futures rise on global cues

Crude oil futures were trading higher during afternoon trade in the domestic market on Tuesday as investors and speculators extended their positions in the energy commodity as hedge funds are betting big across oil markets following OPEC output cuts agreed last year.

Now, participants hold more crude futures and options after members of the Organization of the Petroleum Exporting Coun

We expect MCX copper prices to trade sideways - Angel Commodites

Bullion

Gold On Monday, spot gold prices rose marginally by 0.23 percent to close at $1238 per ounce as the dollar softened, although trading was thin due to the U.S. holiday and as markets awaited details on President Donald Trump's tax policy.

Market activity is likely to be largely subdued until guidance on the pace of interest rate h

21/02/2017 12:04:56 PM | Posted in Commodities Reports read full news
Lead futures drop 0.26% on ease in demand

Lead futures were trading lower during morning trade in the domestic market on Tuesday as investors and speculators cut down their bets in the industrial metal amid fall in physical demand for lead, from battery-makers, in the domestic spot market.

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

21/02/2017 11:10:26 AM | Posted in Commodity Top News read full news
Sluggish demand drags down aluminium futures by 0.28%

Aluminium futures were trading lower during morning trade in the domestic market on Tuesday as investors and speculators remained on the sidelines in the industrial metal amid muted physical demand for aluminium at the domestic spot market.

Further, a drop in physical demand for aluminium at the domestic spot market was due to cut down of positions by traders in the spot markets, infl

21/02/2017 11:09:20 AM | Posted in Commodity Top News read full news
Muted physical demand bites mentha oil

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

Further, trimming of positions by traders in the spot market was due to fall in physical demand for mentha oil from cons

21/02/2017 11:08:17 AM | Posted in Commodity Top News read full news
Uptick in demand buoys cardamom futures

Cardamom futures were trading higher during morning trade in the domestic market on Tuesday as investors and speculators build up fresh bets in the agri-commodity amid increase 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 domestic

21/02/2017 11:05:25 AM | Posted in Commodity Top News read full news
Gold drops as investors await hints on U.S. rate hikes

Gold prices fell as the dollar gained on Tuesday, with investors waiting for clues on the timing of any increase in U.S. interest rates from minutes of a Federal Reserve meeting and in a series of speeches by Fed officials this week.

The heads of five regional U.S. Fed branches are scheduled to speak this week. In addition, Fed Board Governor Jerome Powell speaks on Wednesday, when mi

21/02/2017 10:17:04 AM | Posted in Commodity Top News read full news
Nickel futures slide on overseas cues

Nickel futures were trading lower during evening trade in the domestic market on Monday as investors and speculators indulged in profit booking in the industrial metal on fall in physical demand amid firm US dollar. The greenback rose ahead of a clutch of speeches from US Fed officials this week for clues on the timing of possible interest rate hike.

At least 5 Federal Reserve officia

Zinc futures zoom 0.98% on global cues

Zinc futures rose during evening trade in the domestic market on Monday as investors and speculators extended their positions in the industrial metal on supply concerns.

Big mines such as Century in Australia and Lisheen in Ireland have closed, the resulting tightening in raw material segment of supply chain has been accelerated by Glencore's suspension of 5 lakh tonnes of annual

White metal loses shine on overseas cues

Silver futures were trading lower during evening trade in the domestic market on Monday as investors and speculators exited their positions in the precious metal as safe-haven demand faded on rise in the US dollar against a basket of other currencies.

The greenback rose ahead of a clutch of speeches from US Fed officials this week for clues on the timing of possible interest rate hike

Supply worries buoy copper futures

Copper futures were trading higher during evening trade in the domestic market on Monday as investors and speculators extended their positions in the industrial metal amid supply worries after the Freeport-McMoRan Inc's Indonesian unit said that it could not deliver promised shipments due to export permit issues.

Meanwhile, the world's second-biggest copper mine in Indonesia s