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 on Wednesday, the price of gold remained steady, with ten kilos of 24-carat gold trading at Rs 54,480. On the other side, silver prices increased by Rs 1,200, bringing the price of the precious metal to Rs 72,300 per kg. 10 grammes of 22- and 24-carat gold are selling for Rs. 49,950 and Rs….
Amid rising crude oil prices and ongoing capital outflows from abroad, the rupee started the session Monday on a flat note against the U.S. dollar. The rupee depreciated 1 paisa from the previous close to trade at 82.83 at the interbank foreign exchange from its opening price of 82.79. The rupee lost 3 paisas against…
Oil prices increased on Friday as traders bet that Russian crude exports from the Baltic region will decline in December, allaying concerns that an impending Arctic storm across the United States could dampen the rise in demand for transportation fuel over the holiday season. Brent crude was up 88 cents, or 1.1%, to $81.86 per…
As a cold front approaches the United States and traffic is expected to spike throughout the holiday season, U.S. crude, heating oil, and jet fuel stockpiles were considered as tight on Thursday, driving up oil prices for a fourth straight day. At 01:45 GMT, Brent crude futures increased by 27 cents, or 0.3%, to $82.47…
On Wednesday, copper prices stayed around $8,350 a tonne as expectations that China’s relaxation of Covid-19 limits will eventually boost demand were countered by an increase in infections that are short-terming consumption.Due to its rigorous zero-Covid policy, which hampered economic growth and caused copper prices to drop as low as $6,955 in July after reaching…
High gold prices, a lack of participant interest, and inadequate liquidity, according to traders, have made trading on Indian International Bullion Exchange (IIBX), the country’s first international bullion platform, lackluster. Beginning in July, IIBX is operating out of the International Financial Services Centre (IFSC) building in Gandhinagar’s Gujarat International Finance Technology City (GIFT City). Given…
Due to a declining dollar and expectations of increased demand in China as a result of the government’s projected economic stimulus, copper prices increased on Monday. The central bank is anticipated to loosen monetary policy soon after the Chinese government announced that it would intensify efforts to stabilize the country’s economy. However, for the time…
As optimism from China’s reopening and a resurgence in oil demand overshadowed worries of a global recession, oil prices recovered ground on Monday after dropping more than $2 per barrel in the previous session. While U.S. West Texas Intermediate crude was at $74.89 a barrel, up 60 cents or 0.8%, Brent crude futures increased 72…
On Monday, gold prices barely changed as markets processed a barrage of hawkish central bank signals and rising recession concerns, but copper prices recovered some of their recent losses thanks to expectations of a Chinese economic recovery. The Federal Reserve and the European Central Bank both warned that interest rates are likely to rise higher,…
