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
When cultivating pulses in the kharif season, N Venkatappa, a farmer in Vathugundla village in Telangana’s Narayanpet district, typically grows groundnut as the second crop. But he wanted to give cotton a try this time. “I have ensured irrigation and a borewell. My choice has generated a great deal of curiosity from my fellow farmers,”…
The G7 price cap and EU penalties are drawing nearer, but S&P Global Commodity Insights reported on Tuesday that there are rising indications that the curb poses a “minimal threat” to Russian oil revenues because refiners in China, India, and Turkey are anticipated to take in more of the oil. S&P Global Commodity Insights reported…
A weaker US dollar and anticipation of U.S Federal Reserve Chair Jerome Powell’s speech later this week, which may provide hints on the direction of monetary policy, sent gold prices to a more than one-week high on Monday. spot Gold was flat at $1,755.38 per ounce, having earlier in the session reached its highest level…
Indian refiners imported $720 million, or around 5,800 crores, worth of crude oil from Russia in the first two weeks of November, despite the G7 countries’ plans to control the price of Russian crude oil being unknown. From November 1 to November 15, the inbound shipment from Russia was the fourth-highest in the previous nine…
Gold rate was positive on Thursday as a result of positive global trends, while the silver rate was up 1.16%. The price of gold December futures on the Multi Commodity Exchange was up Rs 244 or 0.47% at Rs 52,695 for a ten-gram contract. Silver December futures were trading Rs. 715 higher at Rs. 62,345…
The price of gold remained stable on Wednesday, while copper continued to advance strongly as risk-driven assets rose on predictions that the Federal Reserve will raise interest rates more gradually going forward, which also limited dollar gains. The Federal Reserve is expected to raise interest rates in December by a very narrow margin of 50…
In the previous week, silver prices dropped 5% to $20.8 an ounce, continuing their downward trend from a five-month high of $21.7 on November 14. However, given that silver output has fallen into a shortfall compared to demand, the metal’s prices, which have fallen 10.3 percent year to date, are anticipated to rise. The Silver…
The biggest oil and gas producer in India, ONGC, said on a conference call with investors that it would reverse years of production drop this year and progressively increase output going forward as it invests billions to produce from more recent discoveries. Oil and Natural Gas Corporation (ONGC) produced 21.707 million tonnes of crude oil…
Despite the fact that aluminium prices are currently close to three-month highs, economists predict that they will remain muted at least through the end of the first quarter of 2022 due to weak Chinese growth and global demand. The price of the metal is currently $2,425 per tonne for three-month contracts on the London Metal…
The government decreased the windfall tax on diesel exports on Wednesday while raising it on domestically produced crude oil. According to a government statement, the tax on crude oil produced by local companies, such as the state-owned Oil and Natural Gas Corporation (ONGC), was increased from Rs 9,500 per tonne to Rs 10,200 per tonne…
