CommodityOnline

MCX Copper June as seen in the weekly chart above has opened at 421.05 levels and during this week prices made a high of 422.20 levels. During this week prices corrected sharply towards the low of...

MCX Silver July as seen in the weekly chart above has opened the week at 43,428 levels and during this period prices made a high of 43,455 levels. During this week prices corrected sharply towards the...

MCX Gold June as seen in the weekly chart above has opened the week at 28,980 levels and during this week prices made a high of 29,020 levels. During this week prices could not able sustain on higher...

NCDEX Gold hedge price on the daily chart as shown above has taken multiple support at Rs. 24700 level. Also, recently price has formed double bottom pattern with RSI divergence, as seen in the chart....

MCX Gold price on the weekly chart as shown above has taken multiple support at Rs. 28300 level. Also, since the last few weeks prices have been trading in the range of Rs 28900 on the upside and...

Gold settled up 1.02% at 28871 jumped as growing concerns over the conflict in eastern Ukraine overshadowed stronger than expected U.S. jobs data. Ukraine's army and pro-Russian rebels continued to...

Gold prices witnessed heavy corrections in the month of March this year as it came down from above Rs. 30,000/10 gms to sub 28000/10 gms levels during the first week of April month, however bargain...

On Thursday 3 month forward LME prices ended lower at $2021 down by $19 from its previous close. BY looking at the Zinc inventory and the price performance we understand that the commodity has been...

3 month forward LME copper by end of the day ended at $6645 recovered smartly from the intraday low of $6591. We believe the price recovery has been merely due to short covering, copper inventories...

Aluminum: Seven consecutive sessions have been over that the commodity has been onto a bearish trend. As of Thursday 3 month forward LME Aluminum settled lower at $1785 down by $15 from its previous...

MUMBAI: On the above daily NCDEX Gold Hedge price chart, we have seen that from the inception to till date NCDEX Gold Hedge price are trading in a sideways trend. NCDEX Gold hedge prices had opened...

MUMBAI: In the above monthly price chart of Gold we have clearly seen that prices are in bearish mode after making a high of 35,040 levels in August 2013. In year 2013 Gold prices had corrected around...

3 month forward LME Zinc prices traded marginally lower last day to settle at $2055 down by $11 from its previous close. In the similar lines the April future ended at Rs. 123.15 down by Rs. 1.65 from...

3 month forward LME copper prices traded down to settle the contract on Tuesday at $6715 down by $30 from its previous close. We believe the commodity has just moved along with other metals bearish...

Aluminum: We had suggested a bearish view on Aluminum on Tuesday’s trading session. The April and May contract ended the day lower by Rs. 2 at Rs. 106.80 and Rs. 108.45 respectively. We could...

Aluminum: We had a bearish view on Aluminum last day with the anticipation that the commodity may take price correction in the form of profit booking on the long positions. Also, a rebound in the...