Commodity News Archives

Downside Momentum likely to Accelerate Gold Below $2600

Last Updated On November 7, 2024 9:10 PM by PIA CHAUHAN

Gold Outlook: “The momentum break experienced on election day typically marks the end of such moves. But if that is the case, what can we expect from here? The melt-up has created a notable margin of safety for macro fund positions, which now hold significant paper profits on their extremely bloated length. Large scale selling activity from CTAs will only kick off below $2600/oz.”

MCX Gold Support Key at Rs 76,850 and Resistance Key at Rs 77,3300 [07 Nov 2024]

MCX Gold Support Key at Rs 76,850 and Resistance Key at Rs 77,300 [07 Nov 2024]

Last Updated On November 7, 2024 6:56 PM by Neal Bhai

Gold Silver Update: “We expect gold and silver prices to remain volatile this week ahead of the U.S. Fed policy meetings, volatility in the dollar index and geo-political tensions,”.

MCX Gold Declines with US Election, Fed policy in focus; Experts’ Strategy for MCX Gold

Last Updated On November 4, 2024 12:12 PM by Ananya

Gold price today: Gold rates dropped significantly in the domestic futures market on Monday morning as investors exercised caution ahead of two critical events this week: the US election and the Federal Reserve’s policy announcement. Both are expected to significantly impact the movement of the US dollar, bond yields, and bullion prices going forward. MCX Gold for December 5 expiry traded 0.55 per cent down at ₹78,430 per 10 grams around 9:30 am.

Spot Silver Update: Silver skyrockets as buyers eye $33.75 [21 October 2024]

Last Updated On October 21, 2024 8:24 AM by Neal Bhai

Spot Silver (XAG/USD) Update: The RSI is indicating increasing bullish momentum, with key resistance kye seen at $33.75 and $35.00.

Geopolitics, US election uncertainties drive gold’s record rally

Last Updated On October 21, 2024 10:58 AM by PIA CHAUHAN

Gold prices extended gains and scaled another record high on Monday, steered by elevated Middle East tensions and U.S. election uncertainty, while silver hit a near 12-year peak.

Buy MCX Silver on Dips: Target Price 1,00,000+++ [Very Very Soon]

October 18, 2024 3:27 PM by Neal Bhai

Buy MCX Silver on Dips: Making new highs for 3 consecutive sessions now, Gold December futures contracts at MCX opened flat today at Rs 77,565 per 10 gram, which is up by 0.60% or Rs 458 while silver December futures contracts were trading at Rs 92,573/kg, up by 0.90% or Rs 829.

BUY Silver Above 91700 Target 92810——93400——94100

Last Updated On October 17, 2024 5:11 PM by Neal Bhai

Real Time Free MCX Silver Tips today with target price & stop loss, Silver Expert Advice, Silver commodity intraday trading tips, Silver Target Today & jackpot tips.

Crude oil prices fall by $2 on demand concerns, Israel comments

Last Updated On October 17, 2024 6:07 AM by Ananya

Crude Oil prices fell $2 in early Asian trade on Tuesday, as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 and a media report said Israel is prepared to strike Iranian military bases, not nuclear or oil targets.