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Zicuro Technologies selected as technology partner by Metropolitan Stock Exchange of India MSEI Zicuro Technologies will also help MSEI in the implementation and maintenance of the MSE Investor Complaint Redressal Module and Arbitration proceedings that are admitted under the Exchange’s Arbitration Framework Zicuro has also created Mobile Application for the exchange both in Android and IOS Platform Zicuro Technologies Private Limited is the Fintech Company promoted by Mr. Abhishek Bansal – (founder of Abans Holdings Limited, Financial Services Conglomerate, Listed on ...
Zicuro Technologies selected as technology partner by Metropolitan Stock Exchange of India MSEI
Zicuro Technologies selected as technology partner by Metropolitan Stock Exchange of India MSEI
Source: PR Agency
2/03/2023 11:50:33 AM
Abans Holdings files DRHP with SEBI for IPO Abans Holdings has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The initial share sale comprises fresh issuance of equity shares of up to 38 lakh and an offer for sale of up to 90 lakh equity shares by promoter Abhishek Bansal. Proceeds from the fresh issue will be utilized towards investment in its NBFC subsidiary, Abans Finance, for financing the augmentation of its capital base to ...
Abans Holdings files DRHP with SEBI for IPO
Abans Holdings files DRHP with SEBI for IPO
Source: Accord Fintech
5/10/2021 4:44:18 PM
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Natural gas's upside potential is limited- Natural gas futures for the September month expiry are currently trading at $4.061, up slightly from yesterday's low of $3.979 and sharply lower than the recent high of $4.205 set on August 4. Natural gas prices have been pushed down by a change in the weather forecast for the coming weeks, which is expected to lower gas...
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
12/08/2021 1:14:32 PM
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on Copper By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Copper prices are expected to remain under downward pressure- Copper prices received some support from improving economic prospects as a result of increased infrastructure spending in the United States. The Senate approved a $550 billion infrastructure proposal, the largest increase in public works expenditure in the United States in decades. The bill still faces opposition i...
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
11/08/2021 2:32:06 PM
Outlook on Crude oil by Mr. Abhishek Bansal, Abans Group Below is Outlook on Crude oil by Mr Abhishek Bansal, Founder Chairman, Abans Group. Concerns about energy demand to keep crude oil prices low The introduction of the delta variation, particularly in China, has clouded the short-term picture for oil, which has recently had its worst week since October. WTI Crude oil continued weak trend this week also. WTI oil prices are now trading near $65.52 which is sharply lower from recent high of 76.98 registered in July’21. ...
Outlook on Crude oil by Mr. Abhishek Bansal, Abans Group
Outlook on Crude oil by Mr. Abhishek Bansal, Abans Group
Source: PR Agency
9/08/2021 5:23:15 PM
Outlook on Gold by Mr Abhishek Bansal, Abans Group Below is Outlook on Gold by Mr Abhishek Bansal, Founder Chairman, Abans Group. Gold prices will remain volatile After hitting an intraday low of $1677.90 in the early morning session on Monday, gold prices are currently trading near $1752. Prices have dropped significantly from last week's high of $1835.90, set on August 4th. The US employment report, which indicated a significant recovery in jobs, sparked a sell-off in precious metals on Friday. Positive job numbers would...
Outlook on Gold by Mr Abhishek Bansal, Abans Group
Outlook on Gold by Mr Abhishek Bansal, Abans Group
Source: PR Agency
9/08/2021 1:55:12 PM
Outlook on Crude oil by Mr. Abhishek Bansal, Abans Group Below is Outlook on Crude oil by Mr Abhishek Bansal, Founder Chairman, Abans Group. Delta Covid variant may reduce energy demand In China, the spread of the delta Covid variant may reduce energy demand. The latest outbreak has spread to nearly half of China's 32 provinces in less than two weeks, prompting Beijing to cancel flights and shut down Nanjing. China reported 62 confirmed Covid-19 cases on Wednesday, according to the National Health Commission, with the majority o...
Outlook on Crude oil by Mr. Abhishek Bansal, Abans Group
Outlook on Crude oil by Mr. Abhishek Bansal, Abans Group
Source: Abans Group
5/08/2021 3:57:19 PM
Outlook on Copper by Mr Abhishek Bansal, Abans Group Below is Outlook on Copper by Mr Abhishek Bansal, Founder Chairman, Abans Group. Copper down as Covid-19 delta variant Spread Casts Doubt on Growth Prospects-  The Covid-19 delta variant threatened to derail China's and the world's economic recovery.The virus outbreak in China is spreading, and virus mutations are raising concerns about how to manage the pandemic. Copper prices on the LME are now trading at 9437, down from a recent high of 9921.25 on July 27th. ...
Outlook on Copper by Mr Abhishek Bansal, Abans Group
Outlook on Copper by Mr Abhishek Bansal, Abans Group
Source: Abans Group
5/08/2021 3:28:46 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on Crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Crude oil is under pressure because of the deteriorating covid scenario- WTI Crude oil prices are currently hovering at $73.17, a slight decrease from Friday's high. However, prices have risen considerably since a recent low of $65.21 on July 20th. Better-than-expected global economic data indicates strength in energy demand, which is bullish for prices. However, the d...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
2/08/2021 12:47:41 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  After the Fed stated that tapering is not urgent, gold is expected to remain solid -  Following the Fed meeting announcements, gold is trading near $1815, up significantly from its previous close. The Federal Reserve of the United States has indicated that it is not in a hurry to reduce stimulus. Despite lingering concerns about Covid-19, the Federal Reserve decided...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
29/07/2021 12:43:11 PM
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on copper By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Concerns regarding industrial metals demand stifled gains in copper prices LME 3 M Copper prices have risen significantly from their previous low of $9131.75 to $9735. Copper prices have surged as a result of China's floods, which have heightened physical demand forecasts. A weakening of the US dollar and a drop in stocks are also helping to bolster copper prices. Floods ...
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
27/07/2021 4:18:27 PM
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Hot US Temperature likely to reduce Natural Gas Supplies -  Natural gas prices are currently trading near $4.063, a slight decrease from the recent high of $4.187 set on July 26th. The National Oceanic and Atmospheric Administration's (NOAA) forecast for milder weather from July 31 to August 4 is keeping gas prices under pressure. The NOAA announced on Monday th...
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
27/07/2021 1:27:06 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Gold prices are expected to trade higher while above a critical support level of $1785-$1765 Due to increased global delta covid variant instances, gold is modestly higher as a safe haven asset. Gold prices have risen from their low of $1789 on Friday to trade above $1808, boosted by a drop in US bond yields and concerns about a persistent rise in Delta variant infections; but, the...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
26/07/2021 4:47:00 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  WTI Crude oil is expected to encounter tough resistance near $72.68. Concerns over the global spread of the delta Covid variant are expected to weigh on crude oil prices. Crude oil prices are down substantially from their recent high of $76.98 on July 6th, but they are still higher than their recent low of $65.21 on July 20th. Globally, the Covid-19 delta variation is quick...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
26/07/2021 2:16:08 PM
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Natural gas prices are expected to trade steady Natural gas prices for the August contract are hovering at 4.015, slightly higher than the previous day's close. Natural gas prices in August recovered on Thursday, owing to expectations that hot summer weather in the United States may increase gas demand from electricity providers. The use of an air conditioner consume...
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
23/07/2021 12:35:52 PM
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group Below is quote and Outlook on Silver By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  The strength of the dollar index is likely to keep silver prices in check Silver prices are currently hovering at $25.40, up slightly from their previous low of $24.79. Commodity prices are being held in check by the strength of the US dollar index. The dollar index futures are presently trading near 92.915, a significant increase from the recent low of 89.515 set in May of t...
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
23/07/2021 12:08:48 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Weaker bond yields and mounting delta variant cases helped boost gold prices Gold prices have rebounded from a recent low of $1795 and are now trading above $1815, aided by a decline in US bond yields and fears about a steady rise in Delta variant infections; nevertheless, the dollar index's strength is limiting gains. A drop in global bond yields is a positive sign for gold...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
20/07/2021 2:10:42 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  WTI Crude is expected to trade in the red while trading below $70.30 WTI Crude Oil prices are now hovering at $66.56, a significant drop from the recent high of 76.98 set on July 6th. Oil prices have fallen about 13.5 percent since their latest high. The OPEC+ pact is expected to increase oil supply, while increased COVID-19 infections are expected to reduce oil demand, lowe...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
20/07/2021 11:43:56 AM
Copper prices are consolidating between $9250 - $9550 Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Copper By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Copper prices are consolidating between $9250 - $9550 LME 3M Copper prices are consolidating between $9250 - $9550 from the last several trading session after a sharp decline from the recent high of $10746 registered on May 10th to $9013.25 registered on June 21st. Copper prices are under pressure due to some loss of physical demand in China. China’s trade was supportive...
Copper prices are consolidating between $9250 - $9550 Mr. Abhishek Bansal, Abans Group
Copper prices are consolidating between $9250 - $9550 Mr. Abhishek Bansal, Abans Group
Source: PR Agency
15/07/2021 4:34:29 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Oil prices remain under pressure after OPEC+ deal-  WTI Crude futures contract is now trading at $72 after a sharp fall yesterday after OPEC+ compromised on a deal with UAE. Oil prices are trading sharply lower from the recent high of $76.98 registered on July 6th. OPEC members have reached a compromise with the United Arab Emirates. On Wednesday, the UAE's energy ...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
15/07/2021 2:15:27 PM
Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group Below are Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Mixed fundamentals are likely to keep gas prices under pressure Natural gas prices are currently trading at $3.693 which is marginally lower from the recent high of $3.822 registered on July 6th. The mixed weather forecast for the remaining weeks of July is keeping prices under pressure.   The Weather Company said that above-average temperatures will be seen in the US northern ti...
Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Source: Abans Group
14/07/2021 3:55:45 PM
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Silver By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Silver to remain positive while above $25.50-  Silver prices are trading in the range of $25.76-$26.63, strength in the dollar index is keeping the silver price under pressure, however positive economic are likely to be supportive industrial metals and silver prices.  A larger-than-expected increase in US June consumer prices pushed US bond yield higher and supported...
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
14/07/2021 2:06:14 PM
Outlook on Gold by Mr. Abhishek Bansal, Abans Group Below are Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Gold prices likely to trade firm Gold prices are currently sustaining near $1807 with moderate gains from the previous session is likely to remain firm however it is likely to get fresh direction from the US Consumer prices index report later today and   Fed Chairman Jerome Powell's testimony before Congress on Wednesday. Gold is also getting support from lower global bond yiel...
Outlook on Gold by Mr. Abhishek Bansal, Abans Group
Outlook on Gold by Mr. Abhishek Bansal, Abans Group
Source: Abans Group
13/07/2021 4:33:14 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Rising concern over economic recovery pushed oil prices down Crude oil prices are holding near $74.63 which is marginally lower from the recent high of $76.98 registered on July 6th.  A renewed concern about economic activity in the US is likely to keep a cap on oil prices.   A fresh spread of COVID-19 variants is likely to derail the global economic recovery. &nb...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
13/07/2021 2:16:31 PM
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Silver By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Silver is consolidating near $25.80- $26.80 Silver is trading near $26.093 and holding in the range of 25.80-26.80 from the last several trading session. Strength in the dollar index is keeping precious metals under pressure. US dollar index has recovered from a recent low and sustaining near 92.66. However, a slump in global bond yields is likely to support precious metals price...
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
8/07/2021 1:57:37 PM
Moderate temperatures forecast to keep Natural gas prices under pressure By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Moderate temperatures forecast to keep Natural gas prices under pressure Natural Gas August expiry contract on CME is currently trading at 3.593 after a sharp drop from the recent high of 3.822 registered on July 6th. A forecast for more moderate temperatures across the US is keeping natural gas prices under pressure. Natural gas is used in producing electricity and air c...
Moderate temperatures forecast to keep Natural gas prices under pressure By Mr. Abhishek Bansal, Abans Group
Moderate temperatures forecast to keep Natural gas prices under pressure By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
8/07/2021 1:55:03 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Gold eyes FOMC meeting minutes Gold august future contract prices fell back after registering a high of $1815.7 yesterday. Currently trading near $1804. However, the recent drop in US 10 year bond yield is likely to keep supported gold prices.  The US 10 year bond yield is currently trading near 1.356 which is the lowest level since March 2021 and sharply lower from the recent high...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
7/07/2021 4:33:50 PM
Gold to face stiff resistance near $1807-$1818 By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Gold to face stiff resistance near $1807-$1818 Gold is marginally up from the previous day’s closing but still sharply lower from a recent high of $1919.20 registered on June 1st. Thursday’s weaker than expected US ISM manufacturing data was supportive for gold prices however strength in the US dollar index is likely to keep gold prices under poressure.US Dollar index is cur...
Gold to face stiff resistance near $1807-$1818 By Mr. Abhishek Bansal, Abans Group
Gold to face stiff resistance near $1807-$1818 By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
2/07/2021 4:38:35 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Demand optimism keeps Oil prices near multi-year high- WTI crude oil price is holding near the highest level since Oct’18 on the backdrop of increasing demand optimism and unstable supply situation due to Iran nuclear talks and OPEC delays. OPEC+ ministers delayed a meeting on output policy as the United Arab Emirates hesitated at a plan to add back 2 million barrels ...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
2/07/2021 2:40:12 PM
Copper prices to stay firm while above $9228 By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Copper By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Copper prices to stay firm while above $9228  LME 3 M Copper prices are trading near $9434 which fell from the recent high of $9494.75 registered on June 30th following weak manufacturing data from China.  As per the official report from the National Bureau of Statistics, China's June manufacturing Purchasing Manager's Index (PMI) eased slightly to 50.9 versus 5...
Copper prices to stay firm while above $9228 By Mr. Abhishek Bansal, Abans Group
Copper prices to stay firm while above $9228 By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
1/07/2021 3:24:43 PM
Increasing Demand optimism to support nickel prices By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Nickel By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Increasing Demand optimism to support nickel prices LME Nickel prices are currently trading near $18487, prices have recovered from the recent low of $15670 registered in March’21. Increasing demand optimism for electric battery and electronic vehicles is supportive of Nickel prices. Nickel prices also found support from infrastructure plan in the US. Meanwhile, Japan...
Increasing Demand optimism to support nickel prices By Mr. Abhishek Bansal, Abans Group
Increasing Demand optimism to support nickel prices By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
30/06/2021 3:05:52 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Strength in the dollar index to keep gold prices under pressure Gold prices traded negative as the dollar index found safe-haven support from growing concern that more countries will need to re-impose pandemic lockdowns as the dangerous Delta Covid-19 variant spreads throughout the world. Gold is currently trading near $1759 which is sharply lower than the recent high of $1919.20 r...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
30/06/2021 3:02:32 PM
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  A positive demand outlook is supporting natural gas prices Natural Gas prices are currently trading near $3.580 with support from a positive domestic demand outlook, increasing exports and increasing electricity output to meet air cooling demand in the US. Weather data agency Maxar said that above-normal temperatures are expected in the Northwest from July 3-7, and above-nor...
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
29/06/2021 3:22:52 PM
Silver likely to continue its negative trend By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Silver By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Silver likely to continue its negative trend Silver prices are trading in the $25.75-$26.40 range from the last five trading sessions. However precious metals found some support from weakness in the US dollar index and lower bond yields. The gain in silver and gold was limited after hawkish Fed comments. On the economic data front, the U.S. Jun Dallas Fed manufacturing activit...
Silver likely to continue its negative trend By Mr. Abhishek Bansal, Abans Group
Silver likely to continue its negative trend By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
29/06/2021 3:11:59 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Gold stuck up in a tight range of $1771-$1796 Gold prices stuck up in the tight range of $1771-1796 from the last five trading sessions. A mixed instance on Fed policy is keeping prices in a tight range,  On economic data front, US PCE deflator report was slightly below expectations on a month-on-month basis, which was dovish for Fed policy. The May PCE deflator rose +0...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
28/06/2021 4:24:33 PM
WTI Crude Oil prices at multiyear high By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Crude oil  By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  WTI Crude Oil prices at multiyear high Crude oil prices are trading near 2018 high supported by positive prospects of US infrastructure bill and increasing demand globally. However Crude prices are likely to get fresh direction from the OPEC meeting later this week. OPEC+ is considering a production hike. Comments by Saudi Energy Minster Abdulaziz bin Salman on Wednesd...
WTI Crude Oil prices at multiyear high By Mr. Abhishek Bansal, Abans Group
WTI Crude Oil prices at multiyear high By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
28/06/2021 4:22:22 PM
Slight weakness in the dollar pushed silver prices up By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Silver By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Slight weakness in the dollar pushed silver prices up Silver is currently trading near $26.285 at the time of writing this report, sharply high from Monday’s low of $25.580. Weakness in the US dollar index is likely to support precious metals prices. The dollar index is currently trading near 91.74 which is sharply lower from a high of 92.395 registered on June 18. Howev...
Slight weakness in the dollar pushed silver prices up By Mr. Abhishek Bansal, Abans Group
Slight weakness in the dollar pushed silver prices up By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
25/06/2021 2:51:32 PM
Gold is consolidating near $1780 By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Gold is consolidating near $1780 Gold prices are currently consolidating near $1780 on the backdrop of marginal weakness in the US dollar index and positive global manufacturing data.  On the economic data front on Wednesday, The U.S. Jun Markit manufacturing PMI unexpectedly rose +0.5 to a record 62.6 (data from 2007), against expectations of a decline to 61.5.  Also,...
Gold is consolidating near $1780 By Mr. Abhishek Bansal, Abans Group
Gold is consolidating near $1780 By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
24/06/2021 4:04:00 PM
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Natural Gas is likely to trade firm- Natural Gas prices bounced from a recent low of $3.137 and holding gains near $3.323. After a forecast from The U.S. Weather Prediction Center that a heatwave with record-high temperatures for the Pacific Northwest and California starting June 26. The Weather Company had said that warmer temperatures are expected in the Northwest and No...
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
24/06/2021 4:01:15 PM
Copper prices are likely to remain under pressure By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Copper By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Copper prices are likely to remain under pressure Copper prices are marginally up from the recent low of $9013 registered on June 21st; currently, prices are hovering around $9341, still sharply lower from the recent high of $10746 registered on May 10th. Prices recovered after favorable comments from U.S. Federal Reserve's chair Jerome Powell who reduced worries of a rate hi...
Copper prices are likely to remain under pressure By Mr. Abhishek Bansal, Abans Group
Copper prices are likely to remain under pressure By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
23/06/2021 3:48:25 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Crude oil is likely to trade firm Fuel demand optimism is supportive for energy prices; WTI crude oil prices are trading firm for the last several months following global recovery in energy consumption post covid. WTI crude oil is now trading at $73.53 which is sharply higher from last week low of $69.77 However, the crude oil rally is likely to be capped after Russia calle...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
23/06/2021 3:44:43 PM
Natural gas is likely to find support near 50 days EMA at $3.031 By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Natural gas is likely to find support near 50 days EMA at $3.031 Natural Gas prices are holding near $3.207 with marginal gains after prices dropped to $3.138 yesterday. However, prices are still sharply lower from the recent high of $3.369 registered on June 15. The change in the weather forecast for June 26-July 5 is keeping some pressure on prices.  Weather foreca...
Natural gas is likely to find support near 50 days EMA at $3.031 By Mr. Abhishek Bansal, Abans Group
Natural gas is likely to find support near 50 days EMA at $3.031 By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
22/06/2021 3:03:23 PM
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Silver By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Weakness to continue in Silver Silver is currently trading near $25.90 which is moderately up from yesterday’s low of $25.58 however prices are still sharply lower from the recent high of $28.90 registered on May 18th. However, strength in the dollar index is likely to keep precious metals under pressure. The dollar index rallied from the recent low of 89.515 registered on ...
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Silver By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
22/06/2021 2:54:19 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Strength in the dollar index is likely to keep gold prices under pressure Gold is stabilizing near $1779 on the backdrop of weakness in US 10Y Bond yields and which continued for the third straight day. However gold weakness is likely to continue due to strength in the dollar index which rallied from the recent low of 89.515 registered on May 25th. The dollar index is currently hol...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
21/06/2021 4:02:55 PM
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Increasing demand optimism to keep oil prices firm WTI crude oil prices are trading near $71.55, the positive trend is likely to continue further on the backdrop of increasing demand optimism. Goldman Sachs and Morgan Stanley gave a bullish outlook for oil. Goldman Sachs said that global oil demand likely hit 97 million BPD in recent days, up from 95 million BPD a few weeks...
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Crude oil By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
21/06/2021 3:57:52 PM
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Gold By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Fed outlook on rate hike pushed gold prices down Gold prices dropped sharply after the US Federal reserve projected rate hikes into 2023. Gold is currently trading near $1809 which is sharply lower than the recent high of $1919.20 registered on 1st June. The FOMC had signaled two interest rate hikes by the end of 2023 even as officials in their statement pledged to keep policy su...
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Gold By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
17/06/2021 2:57:09 PM
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  Above normal weather forecast to keep NG prices supported Natural Gas prices are holding near $3.244 after a sharp decline yesterday to $3.187 from the recent high of $3.369 registered on June 15th. An increasing air cooling demand in the US due to warmer weather forecast is likely to increase domestic gas consumption by electricity providers. Weather forecasting agency Maxa...
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Natural Gas By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
17/06/2021 2:53:07 PM
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group Below are Quote and Outlook on Copper By Mr. Abhishek Bansal, Founder Chairman, Abans Group.  China stock supply fears likely to keep Copper prices under pressure LME 3M Copper prices fell to their lowest level in eight weeks on rising concerns about China stock supply concern to control rising commodity prices. It is speculated that the State Reserve Bureau, is planning to gradually release some of its stockpiles of copper, aluminum, and zinc over the coming months leadi...
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group
Quote and Outlook on Copper By Mr. Abhishek Bansal, Abans Group
Source: PR Agency
16/06/2021 2:07:09 PM