CommodityOnline

Gold prices witnessed heavy selling pressure due to profit booking last week and showed up its largest weekly slide in three months after the counter breached its very strong support level of Rs....

Copper has been one of the worst performers amongst the base metals basket for almost all of March and is currently lower by around 8% at the LME, SHFE and the COMEX. This shows the structural issues...

MCX Natural Gas March as seen in the weekly chart above has opened the week at 273.30 levels and made a high of 281 levels. As expected prices corrected 3.38% lower from the resistance level with...

MCX Crude oil April as seen in the weekly chart above has opened the week at 6,056 levels and during this price made a low of 5,975 levels. As expected prices could not able to breach the support...

MCX Copper April as seen in the weekly chart above has opened at 404.10 levels and as expected during this week prices made a low of 391.80 levels. In the mid of the week prices has touched the high...

MCX Silver May as seen in the weekly chart above has opened the week at 46,999 levels and during this week price corrected 5.17% sharply lower. At the same time prices made a high of 47,071 levels but...

MCX Gold April as seen in the weekly chart above has opened the week at 30,560 levels and during this week the open and high levels was almost same (high = 30,566 levels) and price corrected sharply...

Copper prices at the LME settled lower yesterday at $6430, down by $123 from its previous close. It traded along similar lines in India for the April futures, which ended at Rs 400.20. There was a...

On Tuesday, 3 month forward LME zinc prices settled marginally higher at $1979 up by $13 from its previous close. We believe Zinc turned positive during the US session last day after the housing...

3 month forward copper prices at LME traded marginally higher on Monday and settled at $6480 up by $11 from its previous close. In the similar lines copper prices at Shanghai, COMEX and MCX traded...

3 month forward Zinc prices at LME traded down by $16 on Monday and settled at $1966. Although Zinc stocks declined on Monday but believe that bearish bets on zinc that expire in two days on the...

MCX Silver May as seen in the weekly chart above has opened the week at 45,880 levels and during the same time prices rallied 1.90% sharply higher towards the 47,877 levels, but could not able to...

MCX Gold April as seen in the weekly chart above has opened the week at 30,063 levels and during this week price rallied sharply higher towards 30,737 levels, and able to closed 1.54% higher. During...

--In yesterday’s report, we suggested range bound view on the prices as there were no major developments in the market. However, by end of the day, aluminum’s 3 month forward prices at the...

MUMBAI: As seen above in daily price chart of MCX Natural Gas March contract, it was trading in the “Lower top Lower bottom formation” for last couple of days. Broadly it was forming a...

Aluminium’s 3M forward prices at the LME ended the day at $1758.50, up by $8.50 from the previous close. At the MCX platform, the March futures contract ended at Rs 106, up by Rs 0.45 from its...