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
On expectations that demand will fall as the extreme heat wave that has been engulfing much of the central region of the country and Texas begins to subside, natural gas yesterday declined by -0.29% to 209.3. Extreme heat increases the quantity of gas burnt to generate cooling power, notably in Texas, which derives the majority…
As sluggish manufacturing activity harmed the outlook for global demand and the dollar remained strong, oil prices decreased marginally in early Asian trade on Friday, setting the stage for a weeklong loss. While U.S. West Texas Intermediate crude slid 18 cents, or 0.2%, to $78.91 per barrel, Brent crude dropped 16 cents, or 0.2%, to…
On Wednesday, gold prices rose as a slight drop in the dollar and Treasury yields allowed bullion to stabilize close to a crucial $1,900 level ahead of a meeting of central bankers that was likely to reveal clues about the direction of interest rates. While American gold futures increased by 0.2% to $1,929.40 per ounce,…
The price of natural gas yesterday increased by 3.02% to 218.6 due to predictions that the weather would continue to be hotter than usual until early September, which will keep air conditioning demand high, particularly in Texas. Even though it was anticipated that demand would decline over the following two weeks, that price rise still…
The price of crude oil yesterday increased by 1.08% to settle at 6726 on signs of tightening global supply, but the increase was restrained by China’s slowing economy and worries about additional U.S. interest rate increases. Unexpected rate cuts by the central bank failed to calm the market as fears about the country’s struggling economy…
Yesterday, the price of gold decreased by -0.67% to settle at 58290 as the 10-year Treasury yield rose to its highest level in 10 months on concerns that U.S. interest rates may continue to rise in the future, which was fueled in part by China’s economic difficulties. The Fed’s minutes revealed that policymakers were split…
Fears of China’s slowing development and potential future increases in U.S. interest rates lowering fuel consumption in the two largest economies in the world caused oil prices to decline in early trade on Thursday, extending losses to a fourth straight session. While U.S. West Texas Intermediate crude (WTI) was down 39 cents, or 0.49%, to…
Yesterday, crude oil rose 0.89% to close at 6934 on upbeat demand projections from OPEC and the International Energy Agency (IEA). OPEC predicted that global oil consumption will climb by 2.25 million bpd in 2024, which is a little less than the 2.44 million bpd increase predicted for the current year. Prices have also been…
The price of gold yesterday dropped by 0.2% to settle at 58853 as demand for bonds in the secondary market increased due to the CPI report coming in lower than expected, supporting market predictions that the Fed won’t raise interest rates this year. Compared to estimates of a 3.3% increase, consumer prices in the US…
Menthol oil yesterday rose 0.36 percent to 883.1 on little demand after prices fell due to an increase in supplies of fresh harvests. Since harvesting activities have taken up, supplies have grown in Uttar Pradesh and Bihar. Growing yield boosted by excellent weather has improved production expectations. Additionally, rumors of a decline in menthol exports…
