White metal rises amid positive global cues

Silver futures were trading higher during the afternoon trade in the domestic market on Friday 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 37900 per kg, up by 0.05 per cent,

Zinc futures rise amid pickup in demand

Zinc futures were trading higher during the afternoon trade in the domestic market on Friday 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 2017

Gold demand slumps as prices rise, seasonal consumption slows in India

Gold demand in Asia eroded this week due to higher prices with a seasonal slowdown denting the lure for the precious metal in second-biggest consumer India.

Dealers in India offered discounts for gold, as the absence of key festivals kept demand subdued, especially as the wedding season has passed.

"Every year, demand remains weak in July. There is no major festival thi

Lead futures up amid rising demand

Lead futures were trading higher during the afternoon trade in the domestic market on Friday 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, lea

21/07/2017 12:42:30 PM | Posted in Commodity Top News read full news
Copper futures gain on upbeat demand

Copper futures were trading higher during the noon trade in the domestic market on Friday as traders widened their bets. 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 388.50 per kg, up by 0.32 per cent, after opening at Rs 387.45, against

21/07/2017 12:40:56 PM | Posted in Commodity Top News read full news
Mentha oil futures down on weak demand

Mentha oil futures were trading lower during the morning trade in the domestic market on Friday 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 consuming

21/07/2017 11:58:02 AM | Posted in Commodity Top News read full news
Cardamom futures rise amid increasing demand

Cardamom futures were trading higher during the morning trade in the domestic market on Friday 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 p

21/07/2017 11:22:19 AM | Posted in Commodity Top News read full news
We expect MCX copper prices to trade higher today - Angel Commodities

Bullion

Gold

On Thursday, gold prices rose by 0.31 percent to close at $1244.2 per ounce after European Central Bank President Mario Draghi said ECB policymakers would discuss potential changes to the bank's bondbuying scheme in the autumn, lifting the euro to a 14-month high.

Draghi said the p

21/07/2017 10:54:46 AM | Posted in Commodities Reports read full news
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