Indian Rupee: Wanes Further As Global Oil Prices Shoot

The Indian rupee worsened against the dollar in early trades on Tuesday, 25 September 2018 owing to increased demand for the American currency from importers as global crude oil prices hit four-year high. The international benchmark Brent crude breached the USD 81 a barrel mark by surging over 3 per cent to trade at USD […]

Gold steady amid trade tensions, eyes on US Fed

Gold was steady on Tuesday amid simmering US-China trade tensions after a new set of tariffs came into effect, while investors stuck to the sidelines ahead of a US Federal Reserve meeting. Fundamentals Spot gold was barely changed at $ 1,198.28 by 0056 GMT. US gold futures were down 0.2 per cent at $ 1,202.60 […]

Chana Up Nearly 1% From Intraday Lows

Steady bargain buying at lower levels pulled NCDEX Chana up today after a shaky start. A recent pick up in Chana arrivals in Delhi clubbed with prospects of sturdy rabi sowing prospects has weighed on the commodity recently. The benchmark NCDEX futures fell near Rs 3900 per quintal in early moves before edging up. The […]

Commodities Buzz: Crude Oil Speculative Longs Fall Near One Year Low

Large energy speculators continued to cut 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 […]

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