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
Silver prices rose as the US dollar fell to its lowest level in two weeks. This happened as people were worried about the US economy and government spending. Silver rose 1.92% to close at ₹97,288. The dollar weakened after Moody’s downgraded the US debt rating to “AAA” from “AA1” due to high debt and large…
European natural gas prices rose slightly in early trading following a two-hour conversation between President Trump and Russian President Vladimir Putin. The benchmark Dutch TTF contract rose by 1.4%, reaching 35.72 euros per megawatt-hour. Despite the conversation, Russia did not agree to an immediate ceasefire with Ukraine. U.S. President indicated that Moscow and Kyiv would…
Gold prices rose 0.93% to close at 93,297 on concerns about the US economy and government debt. Credit rating agency Moody’s downgraded the US government’s rating, citing high debt and rising interest costs. This increased the appeal of gold as a safe-haven investment for investors. Gold fell more than 3% last week, but it rebounded…
Gold prices fell 0.78% to 92,441 on progress in US-China trade talks. The US cut tariffs on small Chinese imports and announced a 90-day pause in trade tensions with China. The measures reduced global uncertainty, making gold a “safe haven” investment. However, expectations that the US Federal Reserve may cut interest rates later this year…
India’s wheat procurement for the 2024-25 season has increased by 14.4% to 29.46 million tonnes, primarily due to higher purchases in Madhya Pradesh and Rajasthan. Other states have contributed significantly despite lower procurement in Punjab and Haryana due to increased private buying and farmer stockpiling. Private players have offered higher-than-MSP prices amid scarcity, and wheat…
The country’s foreign exchange reserves now hold around 12.46% of the Reserve Bank of India’s (RBI) gold reserves, a 25% increase since 2021. Over the past three years, central banks have increased their gold reserves by more than 1,000 tons, which is consistent with global trends. The Reserve Bank of India’s gold exposure in its…
Gold prices fell on Friday, heading for big weekly losses. Investors were more confident and less interested in safe-haven assets like gold as trade tensions between the US and China eased. Gold fell sharply from its recent highs as traders took profits. A strong US dollar and rising Treasury yields have caused such a change…
Silver rose 0.47% to 95,915 as the U.S. dollar weakened, as U.S. economic data was mixed and global tensions mounted. Weak retail sales and the biggest drop in the producer price index in five years raised hopes that the Federal Reserve might ease its policies. Many believe the U.S. may want a weaker dollar to…
Gold is currently trading at $3,140, down more than 10% from its peak in April, marking a considerable decline in price from its all-time highs. Because of a decline in demand for safe-haven assets and a reduction in global trade tensions, the price has fallen more than 2% and hit a five-week low. The United…
Crude oil prices continued to fall in Asian markets on Thursday after a report showed an unexpected increase in US crude oil inventories. Crude oil prices rose for four days earlier, hitting a two-week high. The rise came after the US and China agreed on Monday to reduce some of their trade tariffs on each…
