Welcome to the Commodity Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
Gold prices rose 0.32% to ₹87,554 on the back of continued uncertainty over US tariffs and their potential to dampen global economic growth. Also, Hong Kong’s gold imports from China rose 7.5% to 14.851 metric tonnes in February from 13.816 tonnes in January, indicating steady demand from the world’s largest gold consumer. The Fed kept…
A stronger US dollar, which touched its highest level since March 4 at 104.3, led gold prices to fall 0.57% to settle at ₹87,278, its lowest since March 4. Traders priced in a rate cut of about 63 basis points for 2024 after the Federal Reserve’s stance on deferring interest rate hikes due to economic…
Record production levels and forecasts of mild weather that are expected to reduce heating demand in early April led natural gas prices to fall -0.29% to 344.2. Gas storage levels are still 8% below seasonal norms, including inventory drawdowns due to severe cold in January. According to LSEG figures, average gas production in the Lower…
Aluminium prices fell -0.34% to ₹261.55, largely due to improved raw material availability. This helped ease supply shortages caused by disruptions in the previous year. China’s record production of 44 million tonnes in 2024 was curbed, with exports from China falling after tax incentives were removed, with more aluminium being sent to domestic markets and…
Following the record high, gold prices eased 0.14% to close at ₹88,602 on profit booking. With two rate cuts expected in 2025, the US Federal Reserve decided to keep interest rates unchanged at 4.25–4.5%. At the same time, economic growth has slowed and inflation is rising. China’s official gold reserves rose to 2,290 tonnes, or…
Natural gas prices rose 1.14% to ₹355.4 on the back of a decline in natural gas production and cold weather. The severe cold weather in January and February forced energy companies to remove large quantities of gas from storage, which is 12% below the average for this time of year. According to LSEG data, average…
Aluminium prices remained steady at ₹264.55 despite market volatility, as lower supply from major producers and expectations of stronger demand balanced the market. China’s record output of 44 million tons in 2024 signals an impending slowdown, with production curbs enforced by Beijing’s 25 million-ton cap. The removal of export tax rebates shifted local producers’ focus…
Silver prices fell 0.2% to settle at ₹100,536 on rising tariff tensions and expectations that the Federal Reserve will cut interest rates following poor US inflation figures. US retail sales rebounded after falling less than expected in February, indicating a slower economic expansion. As of February 27, Comex silver inventories hit a record high of…
Last week, Copper prices showed volatility. LME Copper was at $9,793 per metric ton after rising to $9,822.5, while MCX Copper was steady at ₹899.80. The market is expected to be affected by China’s stimulus plans and Chile’s copper production slowdown, with major banks predicting tight supplies and price volatility in the coming months. Copper…
Gold prices are currently forecast to rise from the current $3000 to $4000 per ounce. It is considered very important to predict that the price will rise to $3000 when it starts at $1800, when it is already approaching $2900. Although it is not specified exactly when gold will reach $4000, it is expected that…
