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
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…
Due to continued concerns about the trade war and anticipation of a rate cut by the US Federal Reserve, safe-haven gold rose to a record high on Friday, trading near the crucial $3,000 threshold. At the Morning, the price of spot gold was steady at $2,990.54 an ounce. A record high of $2,993.80 was reached…
Russia-Ukraine ceasefire talks and fears of oversupply amid rising trade tensions. US inflation figures for February showed softer-than-expected growth. To stabilize the region and ensure continued energy supplies, the US has initiated ceasefire talks between Russia and Ukraine. If the ceasefire is successful, more crude exports from the region could contribute to global supply. The…
Gold prices rose 0.62% to 86,686 as trade tensions escalated. Demand for gold also rose due to tariffs imposed by the European Union and Canada on US imports. Markets expect the Federal Reserve to keep rates unchanged at its meeting next week, giving room for more dovish economic forecasts. China’s gold reserves rose for the…
Silver prices rose 1.73% to ₹98,132 on trade tensions and expected US inflation figures, which could affect the Federal Reserve’s policy choices. Strong jobs data in the US, as job losses hit a six-month high and vacancies rose to 7.74 million in January, bolstered prospects for a strong labour market, possibly delaying a rate cut…
Investors were waiting for key US inflation data due to book profits, which will provide more clues about the Federal Reserve’s interest rate policy. Market sentiment suggests it will cut rates again in June after cutting rates three times in 2024. China’s reserves rose to 73.61 million fine troy ounces in February from 73.45 million…
Natural gas prices fell by 3.31% to 373.9, driven by near-record output and mild weather forecasts. However, the downside was mitigated by record LNG export flows and concerns over potential reductions in gas exports from Canada following US tariffs on Canada and Mexico. Lower 48 US states saw production increase to 105.5 bcfd in March,…
Silver prices rose 0.61% to 98,141, supported by the dollar index, which fell for a fourth straight session below 104, its lowest level since November. The dollar’s weakness was driven by concerns over tariffs, a widening US trade deficit and rising unemployment, while the European Central Bank (ECB) cut its key interest rates by 25…
Natural gas prices rose by 9.1% to ₹387.3 due to record flows to LNG export facilities and higher-than-expected demand forecasts for next week. Despite near-record output and mild weather projections, gas demand in the Lower 48 states is expected to fall from 118.8 bcfd this week to 115.2 bcfd next week. Weather forecasts indicate temperatures…
