COMEX Gold futures took a hefty tumble Friday as a break below $ 1300 per ounce hurt the sentiments for the yellow metal. Strength in US economy and dollar post the US Fed interest rate hike has been negative for Gold and COMEX Gold futures succumbed to massive losses – closing at its six month […]

Copper fell sharply on Friday on global trade worries and weak stock markets. US stocks slipped after President Donald Trump announced plans to impose a 25% tariff on $ 50 billion worth of Chinese goods that contain industrially significant technologies. Beijing has also warned that it was ready to respond. COMEX Copper fell to two […]

Brent crude oil spot prices averaged $ 77 per barrel (b) in May, an increase of $ 5/b from the April level and the highest monthly average price since November 2014, according to the Short Term Energy Outlook from the US Energy Information Administration (EIA). EIA forecasts Brent spot prices will average $ 71/b in […]

Baltic freight index gained 305 points or 27.98% to 1395 points during week ending 15th June,2018. Such a sharp spurt was triggered by the significant activity in the large-tonnage transportation sector, which strengthened by more than 58% points over the week. Capesize fleet transportation market in the Atlantic strengthened significantly amid an increase in supplies […]

Large precious metals speculators added to their bullish net positions in the Gold futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of […]

Large energy speculators increased their bullish net positions in the WTI Crude Oil futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net […]

Large metals speculators sharply hiked their bullish net positions in the Silver futures markets again last week,extending their recent momentum, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a […]

NCDEX Jeera futures gained further as the commodity witnessed a steady buying support following weak supplies in ready markets. Export demand is likely holding up and buying is continuing to lift the futures to fresh contract highs. The benchmark NCDEX July 2018 futures contract edged up after repetitively testing lows near Rs 16100 per quintal […]

BENGALURU: Gold prices inched higher early Monday after falling to a 5-1/2-month low in the previous session, as a trade dispute between the two largest world economies triggered safe-haven buying. FUNDAMENTALS Spot gold had edged up 0.2 per cent to $ 1,281.41 per ounce by 0045 GMT. It touched its weakest since late-December at $ […]

International Prices Of Imported Edible Oil At Domestic Ports Imported Oil Prices CIF ( $ per Tonne ) CPO June 622   RBD June 630 CIF ( $ per Tonne ) SOYA OIL June 735   SUNFLOWER OIL July 785 High seas ( Rs per Kg ) CPO Ready 645   SOYA DEGUM Ready 710