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Turmeric Spot prices and Futures witnessed selling pressure on account of continued increased arrivals amidst lower offtakes and settled 0.45% and 1.28% down respectively on Friday.Production,...
Base metals settle higher on US sales dataFavorable home sales data from the US acted as a supportive factor for the base metals on the LME on Thursday. Additionally upbeat sentiments in the global...
Gold, silver and base metals decline, crude oil upEuropean markets erased their earlier gains today ahead of Italian debt sale. The country’s has scheduled to sell as much as 8.5 billion Euros...
The London Metal Exchange (LME) was closed on Tuesday on account of Christmas Day holiday and this led to less volatility in base metals trading on the MCX in yesterday trading session.The base metals...
Floor and electronic trading on the Nymex was closed yesterday in observance of the Christmas holiday.On the MCX crude oil prices declined by 0.2 percent in yesterday’s trading session on the...
Favorable economic data from the US coupled with weakness in the US dollar acted as a positive factor for the base metals complex in the last week. Additionally, upbeat sentiments in the global...
Base metals end on mixed trend, US dollar weakensThe base metals complex traded on a mixed note on Thursday with nickel and zinc ending in the red while copper, lead and aluminium closing in the...
Gold declines, base metals trade mixedEuropean markets traded higher today ahead of US unemployment claims and consumer confidence data which is expected to be on a positive note. If the data comes in...
Base metals settle higher on positive economic dataThe base metals complex traded higher on the LME on Tuesday, on account of favorable economic data from the US and the Euro Zone.Additionally, easing...
Rising worries over Euro Zone debt concerns coupled with mixed sentiments in the global markets exerted downside pressure on the base metals complex on Monday.In additional to this, mounting global...
Base Metals settle higher on weak US economic dataPositive economic data from the US last week helped base metal prices recover from their lows, but on a weekly basis performance was very weak....
NCDEX turmeric extends downtrend on higher arrivalsSpot prices of Turmeric continued to trade weak on account of increased arrivals amidst lower offtakes and settled 1.54% lower on Friday. Futures...
Base metals settle on mixed trend, dollar weakensBase metals closed on a mixed note on Thursday but prices recovered from their lows on account of dollar weakness.Uncertainty over the global economic...
Gold bounces back, base metals in mixed trendThe US Dollar Index (DX) weakened around 0.3 percent till 4.30pm IST as global markets stabilized following yesterday’s rout but sentiments largely...
Base metals settle lower on global economic concernsBears dominated trade in the base metals complex on Tuesday as rising economic risks coupled with dollar strength added pressure on prices.Concerns...
Base metals settle lower on global economic concernsWeak sentiments in the global markets due to rising concerns with respect to Euro Zone debt worries exerted downside pressure on the base metals...
Gold, silver decline, base metals under pressureEuropean markets traded lower as Moody’s Investors Service stated that it will review debt ratings for the European nations for the first quarter...