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Category: Commodity Market

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

  • Commodity Market
  • NYMEX Market

As investors gold is waiting for inflation data below

Manikandan Fastura4 years ago02 mins

The U.S. The benchmark 10-year Treasury yield and the dollar were lower in the U.S. at the end of the week. Gold fell in Asia on Tuesday morning, shortly before inflation data. Gold futures were down 0.04% at 8,836.85 Until high inflation, wage increases, and strong employment rates create an average of 1 million jobs,…

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  • Commodity Market
  • NYMEX Market

Gold Up, Weak-Expected U.S. Job data was reported in April

Manikandan Fastura4 years ago03 mins

Gold rose in Asia on Monday morning, nearing a three-month high. The disappointing U.S. report was released on Friday. Investors are now betting that interest rates will be lower for a while due to the monthly work report. Gold futures were up 0.06% at 8,832.35 The U.S. It released its April employment report on Friday,…

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  • Commodity Market
  • NYMEX Market

Iron ore becomes ‘very, very hot’

Manikandan Fastura4 years ago02 mins

Iron ore futures soared as trading resumed on Monday, setting a record amid widespread demand for China and widespread rise in commodity prices as the global economy recovers. The future in Singapore rose more than 10% to a new record of $ 226 a tonne. The raw material for making steel is increasing as there…

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  • Commodity Market
  • NYMEX Market

The rise of Brent oil is attracting a flood of raw materials towards Europe

Manikandan Fastura4 years ago04 mins

Rising premiums for North Sea oil led to the arrival of crude into Europe from exporters across the Atlantic. According to data compiled by Bloomberg, manufacturers in countries including Nigeria, Brazil, and the U.S. loaded nearly 1 million barrels of crude a day to European buyers more than they did in March last year. The…

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  • Commodity Market
  • NYMEX Market

Market Status at 2:30 PM Today

Manikandan Fastura4 years ago01 mins

Since metal stocks are more than 5%, indices use early gains. The BSE Sensex is currently trading at 49,201.47, up 251.71 points or 0.51%. The Nifty 50 is currently trading at 14,821.40, up 96.60 points or 0.66%. The Nifty Bank was up 0.23% at 32,902.95 and the Mid Cap Index was down 0.12%. Tata Steel,…

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  • Commodity Market
  • NYMEX Market

Oil heads for on-back-to-back weekly gain as a power of goods

Manikandan Fastura4 years ago05 mins

Oil led to a second straight weekly improvement as investors bet on rising energy demand amid a broad rally in commodities, with China’s strong trading data highlighting the strength of the world economy. The West Texas Intermediate rose 0.5%, recovering from a fall on Thursday. As vaccine-assisted economic activity proliferates in the U.S., Europe, and…

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  • Commodity Market
  • NYMEX Market

Concern over rising gold over interest rates, strengthening the dollar

Manikandan Fastura4 years ago02 mins

The U.S. warns of possible interest rate hike Gold fell in Asia on Wednesday morning as investors digested Treasury Secretary Janet Yellen’s comments. Gold futures were down 0.60% at $ 1,781.10. The U.S., which usually moves in the opposite direction to gold. The dollar index was up until Wednesday. U.S. Yellen said Tuesday that an…

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  • Commodity Market
  • NYMEX Market

Buy lead futures; Stop loss at 168

Manikandan Fastura4 years ago02 mins

Lead futures trading on the Multi Commodity Exchange (MCX) saw a downward trend. Indicates high during late February ₹ 181.3. Over the next three weeks,Future price 13 low Percent and touched ₹ 157Levels. But then the bulls acted quickly and returnedAround the course. After a brief period of integration,Futures are beginning to march they crossed…

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  • Commodity Market
  • NYMEX Market

Crude oil demand rises to 67 / ppl

Manikandan Fastura4 years ago02 mins

Crude oil barrel confidence rose to $ 67.Countries that are coming back with strong demand are included.The United States and China are concerned about a rise in the coronavirus. India cases and many OPEC + oil distributors. A new wave of the virus already led to the fall.The world’s third-largest consumer fuel sales in April….

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  • Commodity Market
  • NYMEX Market

Mixed economic data shines yellow metal Gold down

Manikandan Fastura4 years ago02 mins

Gold fell on Friday morning in Asia, with investors digesting economic data as of the end of April. U.S. GDP rose 6.4% in the first quarter of 2021 and 553,000 initial unemployment claims were filed last week, with government support such as money for low-income families driving positive data on Thursday. Earlier in the week…

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