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
Natural gas ended the week at 133.3, a minor decrease of -0.22%, as the market was influenced by near-record output and a smaller-than-expected storage removal the previous week. Because warmer-than-normal weather suppressed heating demand, U.S. utilities removed 49 billion cubic feet of natural gas from storage, falling short of market estimates of a 67 bcf…
Due to the small depreciation of the US dollar and the increasing tensions in the Middle East, gold prices surged to almost one-week highs on Monday. As of 03:35 , spot gold was up 0.4% at $2,021.09 an ounce, reaching a peak not seen since February 13. Additionally, U.S. gold futures increased 0.4% to $2,032.40…
In light early trading on Monday morning—a national holiday in the US—oil prices began to decline At $82.89 per barrel, Brent crude futures were down 58 cents, or 0.69%. At 0138 U.S. West Texas Intermediate crude was down 35 cents, or 0.44%, at $78.84. The second-largest hospital in the Gaza Strip was shut down by…
Prices for Gold and Silver Today: On Saturday, there was a minor increase in the price of gold. The cost of 22-carat gold has increased by Rs. 729.0 to Rs. 5808.4 per gm, while the price of 24-carat gold has increased by Rs. 795.0 to Rs. 6341.0 per gm. The price of 24-carat gold has…
India’s domestic crude oil production for the first ten months of the current fiscal year was 24.5 million metric tonnes, a slight decrease of 0.4% from the same time the previous year. Additionally, the output did not meet the goal of 25.1 for the April–January period. Out of this, ONGC’s production decreased by 3% to…
Natural gas saw pressure from below, ultimately settling at 133.6, down -1.11% from the previous week’s close amid record output and a lower-than-anticipated storage depletion. Warmer-than-normal weather that reduced demand for heating caused U.S. utilities to withdraw 49 billion cubic feet of natural gas from storage during the week ending February 9, 2024, falling short…
On Friday, oil prices fluctuated as investors considered the dwindling demand prediction by a powerful organization and the unimpressive U.S. retail sales report that raised hopes for interest rate reduction in the country. At 01:31 , Brent crude futures fell 11 cents, or 0.1%, to $82.75 a barrel. At $78.04 a barrel, U.S. West Texas…
U.S. inflation statistics that sparked worries about possible delays in high-interest rate cuts caused copper to close down by -0.25% at 705.9. Interest rate reduction forecasts were recalculated by traders in response to the surprisingly high U.S. consumer price index in January. Based on the present pricing of Federal funds futures, LSEG’s rate likelihood tool…
As worries about demand in the greatest economy in the world arose due to data showing that U.S. crude stocks increased significantly more than anticipated, oil prices dropped in early trade on Thursday. At 01:35 , U.S. West Texas Intermediate crude prices dropped 36 cents, or 0.5%, to $76.28 a barrel, while Brent crude futures…
Early on Wednesday in Asian trading, oil prices dropped as investors reduced their expectations of a U.S. Federal Reserve interest rate cut and a U.S. industry organization reported that crude stocks increased more than anticipated last week. When the market started at 0000 Brent futures dropped 29 cents, or 0.4%, to $82.48. West Texas Intermediate…
