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January 11, 2023 10:42 AM IST Gold has support at Rs 55,640-55,450 and resistance is at Rs 56,120, 56,350. Silver has support at Rs 68,450-68,020, while resistance is at Rs 69,520–69,980, says Rahul Kalantri of Mehta Equities
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January 11, 2023 09:02 AM IST According to Geojit , Spices was complex was in red on Tuesday. Jeera futures retreated from record highs, while coriander and turmeric futures came under pressure from subdued demand.
- January 11, 2023 07:44 AM IST
U.S. West Texas Intermediate (WTI) crude futures fell 59 cents, or 0.8%, to $74.53 a barrel at 0134 GMT, while Brent crude futures were down 62 cents, or 0.8%, at $79.48 a barrel.
- January 10, 2023 04:48 PM IST
With the US Federal Reserve dialing down its aggressive monetary tightening, contributing to a sharp fall in the US dollar index, investors are more positive on commodities than they have been in recent times.
- January 10, 2023 01:23 PM IST
Catch this commodity update with Karunya Rao and Manisha Gupta to find out.
- January 10, 2023 10:12 AM IST
Gold and silver will remain volatile ahead of the Fed chairman's speech, with support for the yellow metal at around Rs 55,660-55,440, says Manoj Kumar Jain of Prithvi Finmart Commodity Research
- January 10, 2023 09:09 AM IST
According to Geojit , Sentiments were sanguine in NCDEX spices complex on Monday. Jeera futures hit fresh record highs on concerns over production in the ongoing rabi season and on rise in demand.
- January 10, 2023 07:28 AM IST
Fed policymakers say fresh inflation data out later this week will help them decide whether they can slow the pace of interest rate hikes at their upcoming meeting, to just a quarter point increase instead of the larger jumps they used for most of 2022.
- January 09, 2023 01:13 PM IST
Catch this commodity update with Karunya Rao and Manisha Gupta to find out.
- January 09, 2023 10:25 AM IST
Gold has support at Rs 55,640-55,450, while resistance is at Rs 56,080, 56,450. Silver has support at Rs 69,050-68,580 and resistance at Rs 69,920–70,580, says Rahul Kalantri of Mehta Equities
- January 09, 2023 08:57 AM IST
According to Geojit , Spices were on a greener turf on NCDEX on Friday. Jeera futures posted gains following an initial fall on concerns over lower production and firm demand while tight supplies lifted coriander futures.
- January 09, 2023 07:20 AM IST
Brent crude futures had risen 53 cents, or 0.7%, to $79.10 a barrel by 0114 GMT while U.S. West Texas Intermediate crude was at $74.23 a barrel, up 46 cents, or 0.6%.
- January 08, 2023 12:40 PM IST
About jewellery repair policy, Shah said that countries like UAE, Hong Kong and Turkey are major competitors of India as they have a simple policy of re-importing jewellery for repair and sending it abroad.
- January 06, 2023 10:10 AM IST
Gold has support at Rs 55,050-54,800 and resistance at Rs 55,500-55,750, while silver has support at Rs 67,550-67,100 and resistance at Rs 68,660-69,200, said Manoj Kumar Jain of Prithvi Finmart Commodity Research
- January 06, 2023 09:49 AM IST
According to Geojit , Spices were mostly down on NCDEX on Wednesday. Both turmeric and jeera futures shed more the two per cent, while coriander futures ended rather flat.
- January 06, 2023 07:55 AM IST
Brent crude futures last gained 79 cents, or 1%, to $79.48 a barrel at 0203 GMT, after settling up 85 cents at $78.69 on Thursday.
- January 05, 2023 09:33 AM IST
According to Geojit , Barring coriander, other spices were up on NCDEX on Wednesday. Jeera futures pared initial losses and inched up on concerns over production.
- January 05, 2023 09:29 AM IST
A surge in Covid-19 cases across China is clouding the near-term demand outlook, overshadowing optimism commodity consumption in the world’s top importer will eventually rebound.
- January 05, 2023 07:23 AM IST
The bounceback followed two days of steep declines to start off 2023 as investors worry about a potential global recession and the short-term economic signs in the world's two biggest oil consumers, the United States and China, appear shaky.
- January 04, 2023 01:12 PM IST
According to Geojit , Mixed moves continued in NCDEX spices complex on Monday. Jeera continued its bullish momentum and the front month January futures hit fresh record highs.
- January 04, 2023 12:57 PM IST
Catch this commodity update with Karunya Rao and Manisha Gupta to find out.
- January 04, 2023 10:37 AM IST
The dollar index jumped 1 percent that put pressure on precious metals. The market focus is now on the release on Wednesday of the minutes from the Fed's December 13-14 policy meeting as well as other economic data expected this week, said Rahul Kalantri, VP Commodities at Mehta Equities.
- January 03, 2023 10:47 AM IST
The bullion market prices may see extended gains. The 20 and 200-day simple moving averages (SMAs) have recently bullishly crossed each other, endorsing the positive trend in the short-term picture, said Rahul Kalantri, VP Commodities at Mehta Equities.
- January 03, 2023 09:03 AM IST
According to Geojit , Mixed moves continued in NCDEX spices complex on Monday. Jeera continued its bullish momentum and the front month January futures hit fresh record highs.
- January 02, 2023 08:14 PM IST
According to manufacturers like Godrej Appliances, Haier and Panasonic, implementation of the new norms may put an additional burden of 2-5 per cent on consumers, depending on the models.
