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
Due to the increased demand from investors, silver prices in India are significantly higher than those in other countries. In the Indian marketplaces, physical silver is severely lacking. The price distortion is one of the most revealing trends in the silver market. The demand is distorting both the spot and future prices of actual silver,…
There have been two record highs for silver, one with dubious causes and the other with more valid ones. The price of one ounce of silver hit a record high of $49.95 on January 17, 1980. But it was made possible by a questionable deal between two people to corner the market and raise demand….
In the face of a declining dollar and anticipation of rate cuts by the US Federal Reserve, the prices of gold and silver rose to new highs in the domestic futures market on Monday, following strong global indications. A new high of Rs 1,15,939 per 10 grammes was reached by the December gold contract on…
Natural gas prices rose by 3.12% to 274.1 despite a drop in daily output. The rise was despite forecasts for softer demand, ample storage, and stagnant LNG export flows. The average gas output in the Lower 48 states declined to 107.4 billion cubic feet per day in September, down from a record high of 108.3…
The International Energy Agency (IEA) predicts that global oil output will rise by 2.7 million barrels per day in 2025, compared to a previous estimate of 2.5 million bpd. The figure is expected to increase by 2.1 million barrels per day in 2021. However, the outlook for supply is facing conflicting trends, with the possibility…
Natural gas prices dropped by -0.47% to 272.6 on MCX due to abundant supply, near-record production levels, and forecasts of milder weather. Output in the Lower 48 states averaged 107.5 billion cubic feet per day in September, down from the August record of 108.3 billion cubic feet per day. Production dropped to a preliminary eight-week…
Natural gas prices rose by 1.86% to ₹273.9 due to declines in output and increased flows to LNG export plants. Freeport LNG’s plant in Texas is expected to return soon, bolstering export capacity. Despite forecasts of lower demand and abundant gas in storage, prices remain firm. Average gas output in the Lower 48 states fell…
Oil prices in Asian trade rose on Monday due to optimism over tighter supplies and heightened uncertainty over the Russia-Ukraine war. OPEC+ agreed to raise production in October at a slower pace than in previous months, raising output by 137,000 barrels per day. Brent oil futures for November rose 0.6% to $65.90 a barrel, while…
Crude oil prices fell by -2.63% to 5,634 as traders positioned cautiously ahead of the OPEC+ meeting, which may decide on further production hikes from October. The group, which accounts for about half of the world’s oil supply, is considering unwinding another layer of output cuts, amounting to 1.65 million barrels per day, more than…
Natural gas prices fell by 4.88% to 235.9 due to strong supply and limited demand triggers. Despite hotter-than-average summer conditions, record output has kept the market well supplied. Production in the Lower 48 states averaged 108.1 billion cubic feet per day (bcfd) in August, slightly above July’s 107.9 bcfd. However, daily output briefly dipped to…
