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
Early Thursday morning Asian trade saw a decline in oil prices as concerns over whether the US will escape a financial default outweighed the potential for more production cutbacks from OPEC+.In the Morning session, Brent crude futures had dropped 5 cents, or 0.1%, to $78.31 per barrel. West Texas Intermediate (WTI) crude for the United…
The price of natural gas yesterday increased by 1.83% to 211.6 due to projections for colder this week and warmer next week, which should increase demand more than initially anticipated through early June. Low levels of wind energy in recent weeks have pushed power companies to burn more gas to make electricity, which has helped…
Oil prices increased on Wednesday as U.S. oil and fuel supplies tightened and as the possibility of additional OPEC+ output restrictions was raised by a warning to speculators from the Saudi energy minister. Brent crude futures were up 86 cents, or 1.1%, to $77.70 per barrel, while WTI was up 88 cents, or 1.2%, to…
Yesterday, the dollar increased as risk aversion reigned as a result of mounting concerns about the health of regional U.S. banks and worry about the likelihood of an unprecedented U.S. default, which caused silver to settle down by 0.8% at 72733. At his most recent meeting in June, Jerome Powell, the chairman of the U.S….
Gold yesterday increased by 1.1% to conclude at 60379 as the dollar index continued to decline and moved farther away from a two-month high of 103.6 the day before. Investors are keeping an eye on the debt ceiling standoff and adjusting their expectations for the Fed’s next action. GOP negotiators reportedly left a debt ceiling…
Early Friday morning Asian trading saw a minor decline in oil prices as hopes that a U.S. debt default will be avoided were weighed against persistent inflation statistics that might signal future interest rate increases from central banks around the world. Brent futures were down 2 cents at $75.84 per barrel on today morning. West…
The price of aluminium yesterday increased by 0.26% to 208.85 as China’s output of the metal decreased by 1.2% from March to April due to power restrictions in the region’s southwest. The National Bureau of Statistics reports that China produced 3.33 million tonnes of aluminium in March, down from 3.37 million tonnes in February but…
After the market fell to its lowest point since late November due to worries about demand in China, copper prices yesterday finished up by 1.08% at 723.2 with bargain-buying bolstering the prices. The latest in a string of disappointing numbers, China’s April industrial output and retail sales growth fell short of expectations. Property investment and…
After weaker-than-expected economic data from the United States and China, the two biggest oil consumers in the world, the price of oil plummeted for a second day on Wednesday. This came after a surprising increase in U.S. crude stocks raised demand fears. Brent crude futures decreased by 29 cents, or 0.4%, to $74.60 a barrel….
On Tuesday, the prices for gold and silver both decreased. The price of June delivery gold futures on the multi-commodity exchange was Rs 60,903, down 124 points, and the price of July delivery silver futures was Rs 73,116, down 286 points. While the US debt-ceiling issue and fear of a default restrained additional losses in…
