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
Following a significant increase the day before, gold prices were around a six-month high on Wednesday as markets anticipated an interest rate increase from the Federal Reserve later in the day as well as their comments on lessening inflationary pressures. As evidence that price pressures in the nation have peaked and are expected to retreat,…
In anticipation of U.S. inflation statistics and a number of central bank meetings around the world, including the Federal Reserve, gold prices moved lower on Monday. Gold’s spot price fell 0.3% to $1,792.15 per ounce. The price of US gold futures decreased 0.4% to $1,803.70. The U.S. central bank’s final meeting of 2022, planned for…
On Monday, oil prices increased by more than 1% as a crucial pipeline that supplies the US remained closed and Russian President Vladimir Putin threatened to reduce production in retaliation for a Western export price ceiling. By 0300 GMT, the price of Brent crude futures had risen 30 cents, or 0.4%, to $76.40 per barrel….
On Monday, gold prices declined marginally below important levels as caution set in ahead of crucial U.S. inflation data and a Federal Reserve meeting this week. Copper prices also suffered from uncertainties related to the rise in COVID-19 cases in China. The statistics released last week showed that U.S. producer price inflation continued to decline…
Early on Saturday, the price of gold increased by Rs 280 per 10 kilos (24-carat) to reach 54,280. On the other side, silver prices today increased by Rs 1,400 per kilogramme to Rs 67,600 per kg. According to the GoodReturns website, ten grammes of 22-karat gold are currently trading at Rs 49,750, up Rs 250…
With constant governmental backing and ambitious commitments made at COP26, India, the third-largest energy consumer in the world, is forecast to add 145 GW of renewable energy (RE) capacity over the next five years, with solar energy accounting for 75% of the expansion. In its most recent report, Renewable 2022, the International Energy Agency (IEA)…
Oil prices rebounded from a one-year low on Friday as traders bought into severely discounted markets, but they were still headed for steep losses this week as the outlook for petroleum consumption was weakened by growing recession fears and rising interest rates. The U.S.-Canada Keystone pipeline was shut down after a spill in Kansas, but…
In anticipation of important U.S. inflation data anticipated later in the day, investors made few moves in the price of gold and copper on Friday. However, the red metal was expected to have a strong week thanks to expectations that COVID limitations in China will be loosened. As a result of some safe haven trades…
Lead prices have risen by 9% in the last month, which has improved the forecast for the metal for the rest of this year and the first quarter of 2023. A rise in Chinese activity has been “the most significant driver of this transition,” according to a commentary from research firm Fitch Solutions Country Risk…
The Reserve Bank of India’s decision to permit Indian companies to hedge their gold price risk on recognized exchanges in the International Financial Services Centre (IFSC) will increase liquidity in bullion derivatives traded on the NSE International Financial Service Center and the India International Exchange, both of which are promoted by the BSE. Additionally, the…
