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Category: Commodity Market

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

  • Commodity Market
  • NYMEX Market

Oil is set for weekly losses in Iran nuclear talks

Manikandan Fastura4 years ago03 mins

Oil prices rose on Friday after three days of losses as investors dared to withdraw Iranian crude supplies after officials said Iran and world powers had made progress on the nuclear deal. By 1017 GMT, Brent crude was up 80 cents, or 1.2%, to $ 65.91. The West Texas Intermediate was $ 62.82 a barrel,…

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  • Commodity Market
  • NYMEX Market

U.S. Oil Remained Stable After the Sale as Stocks Rose Lower than Expected

Manikandan Fastura4 years ago03 mins

Oil prices flattened on Thursday after a two-day slump that reflected the world’s mixed economic recovery from the U.S. epidemic. Demand is expected to continue to rise, while the second coronavirus outbreak in India has further hampered the movement. Brent crude was up 11 cents, or 0.2%, at $ 66.77 a barrel at 0657 GMT,…

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  • Commodity Market
  • NYMEX Market

Gold down, four months as Fed notes on tapering

Manikandan Fastura4 years ago03 mins

Gold fell in Asia on Thursday morning but was slightly lower than the four-month high during the previous session. The Federal Reserve began debating whether it could type out its current bad monetary policy. Gold futures rose 0.28% to $ 1,876.20, hitting a high of $ 1,889.75 on Wednesday, January 8th. The central bank released…

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  • Commodity Market
  • NYMEX Market

Oil prices fall amid rising COVID-19 epidemics in Asia, fears inflation

Manikandan Fastura4 years ago04 mins

Oil prices fell for a second day on Wednesday on fears that rising US coronavirus cases and inflation could lead to the US Federal Reserve raising interest rates, which could restrict economic growth. Brent crude futures fell 57 cents, or 0.8%, to $ 68.14 a barrel at 0642 GMT. It was down 1.1% on Tuesday…

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  • Commodity Market
  • NYMEX Market

If Oil is Mixed in the Tight Range, Asia’s COVID-19 Restrictions Situation

Manikandan Fastura4 years ago04 mins

A major U.S. power outage occurred on Monday after the pipeline network was restored. Oil prices have risen sharply, however, new regulations in Asia have raised sentiment amid rising COVID-19 cases. Brent crude futures rose 3 paise to $ 68.74 a dollar in early trade at $ 68.74 a dollar, while West Texas Intermediate (WTI)…

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  • Commodity Market
  • NYMEX Market

Gold Up, Chinese, and U.S. The data will reach a three-month disappointment

Manikandan Fastura4 years ago02 mins

Gold in Asia high to a three-month high on Monday morning, researchers said. The dollar, which normally moves against gold, rose to a 10-year low of Rs. Treasury yields fell further from a one-month high in the previous week. Industrial production growth slowed to 9.8% year-on-year in April, according to Chinese data released the previous…

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  • Commodity Market
  • NYMEX Market

Gold gain for 2nd week, but $1850 is elusive

Manikandan Fastura4 years ago04 mins

The length of gold still awaits at 8,850 altars, but at that level, their search for snipers ended in vain for the second week in a row. However, believers in the yellow metal did not prevent a 0.8% raise at the end of Friday and a 0.3% rise for the week. It was the second…

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  • Commodity Market
  • NYMEX Market

More than the US expected. Consumer prices are worried about fan inflation

Manikandan Fastura4 years ago03 mins

The U.S. Open for Asia on Thursday morning in April. Consumer prices were higher, raising concerns about higher inflation. Gold futures down by 0.34% to $1,816.65 The U.S. The 10-year Treasury yield rose to its highest level in more than a month, with strong demand at an auction of 10-year notes. The U.S. for April…

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  • Commodity Market
  • NYMEX Market

As the market waits for new notes, oil rises to solid demand

Manikandan Fastura4 years ago03 mins

U.S. Oil prices rose on Wednesday after the fall in crude oil prices strengthened OPEC’s strong demand outlook, while the market expected new updates on the collapse of the colonial pipeline. U.S. West Texas Intermediate (WTI) crude futures rose 29 cents, or 0.44%, to $ 65.57 a barrel at 0646 GMT, up 36 percent on…

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  • Commodity Market
  • NYMEX Market

As investors gold is waiting for inflation data below

Manikandan Fastura4 years ago02 mins

The U.S. The benchmark 10-year Treasury yield and the dollar were lower in the U.S. at the end of the week. Gold fell in Asia on Tuesday morning, shortly before inflation data. Gold futures were down 0.04% at 8,836.85 Until high inflation, wage increases, and strong employment rates create an average of 1 million jobs,…

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Recent Posts

  • India’s foreign exchange reserves increase by $4.5 billion to $702.28 billion due to the hike in the price of gold.
  • Steel prices fell to a five-year low due to weak demand and increased imports.
  • RBI’s gold reserves, which are worth $95 billion, surpass 880 metric tonnes.
  • After reaching new highs due to profit-taking, gold cools as focus turns to US inflation data.
  • After the RBI’s $5 billion market intervention, the rupee sharply rebounded from its position close to all-time lows.

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