Author: MCX India

Crude oil futures decline on low demand

New Delhi: Crude oil futures on Wednesday fell by 3.51 per cent to Rs 2,831 per barrel as participants reduced their positions on low demand. On the Multi Commodity Exchange, crude oil for November delivery eased by Rs 103, or 3.51 per cent, to Rs 2,831 per barrel with a business volume of 3,319 lots. […]

Gold slips on firmer dollar, ebbing hopes of U.S. stimulus

Gold prices were subdued on Wednesday, as the dollar strengthened, after hopes of U.S. stimulus faded following President Donald Trump’s comment that a deal would likely come after the November election. FUNDAMENTALSSpot gold fell 0.1% to $ 1,905.51 per ounce by 0103 GMT. U.S. gold futures were down 0.2% at $ 1,908.70. The dollar index […]

Gold prices today fall as dollar strengthens, stimulus hopes fade

Mumbai: Gold and silver futures edged slightly lower in Wednesday’s session, tracking the trend in international markets, amid strengthening dollar and subdued demand. Gold futures on MCX were down 0.19 per cent to Rs 50,865 per 10 grams while silver futures dropped 0.55 per cent to Rs 61,940 per kg. Internationally, gold prices were subdued […]

Nickel futures rise on firm spot demand

New Delhi: Nickel prices on Tuesday rose by 0.16 per cent to Rs 1,161.40 per kg in futures trade as speculators built fresh positions on rising demand from alloy makers in spot market. On the Multi Commodity Exchange, nickel contracts for November delivery gained Rs 1.80, or 0.16 per cent, to Rs 1,161.40 per kg […]

Aluminium futures ease on low demand

New Delhi: Aluminium prices on Tuesday softened by 1.01 per cent to Rs 154.40 per kg in futures trade as speculators cut bets amid subdued demand in spot market. On the Multi Commodity Exchange, aluminium for delivery in October contracts eased by Rs 1.55, or 1.01 per cent, to Rs 154.40 per kg in a […]

Copper futures rise marginally on fresh bets

New Delhi: Copper prices on Tuesday rose by 0.19 per cent to Rs 529.75 per kg in futures trade on pick-up in spot demand. On the Multi Commodity Exchange, copper contracts for November delivery traded higher by Re 1, or 0.19 per cent, at Rs 529.75 per kg in a business turnover of 4,951 lots. […]

Soybean futures slip on muted demand

New Delhi: Soybean prices on Tuesday fell by Rs 35 to Rs 4,355 per quintal in futures market as participants cut down their positions on weak spot demand. On the National Commodity and Derivatives Exchange, soybean contracts for October delivery eased by Rs 35, or 0.8 per cent, to Rs 4,355 per quintal with an […]

Cottonseed oil cake futures rise on fresh bets

New Delhi: Cottonseed oil cake prices on Tuesday increased by Rs 18 to Rs 1,830 per quintal in futures trade as speculators created fresh positions driven by firm spot demand. On the National Commodity and Derivatives Exchange, cottonseed oil cake for delivery in December traded up by Rs 18, or 0.99 per cent, to Rs […]