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Crude oil futures decline on weak global cues

Crude oil futures fell 0.39 per cent to Rs 3,854 per barrel on Monday after participants reduced positions amid a weak trend in global markets. On the Multi Commodity Exchange, crude oil for delivery in October shed Rs 15, or 0.39 per cent, to Rs 3,854 per barrel with a business volume of 21,539 lots. […]

Copper Cracks Lower After China Data

Copper futures tumbled from a one and half week high today as profit selling emerged in the metal after Chinese Copper import data. Chinas copper imports rose 10.15% in September from a month earlier, to their highest in eight months, data from the customs showed on Monday. Arrivals of unwrought copper, including anode, refined and […]

Gold gains Rs 145 on weaker rupee

Gold prices rose by Rs 145 to Rs 38,885 per 10 gram in the national capital on Monday on a weaker rupee, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 38,740 per 10 gram. Similarly, silver also jumped Rs 240 to Rs 46,510 per kilogram from Rs 46,270 […]

Sebi-run NISM launches course in commodities derivatives

The Sebi-run National Institute of Securities Markets (NISM) has launched a new certification course in commodities derivatives. The course is aimed for associated persons functioning as approved users and sales personnel of trading members at a recognised stock exchange, the Securities and Exchange Board of India (Sebi) said in a statement. “NISM commodity derivative certification […]

Gold Rebounds, MCX Futures Break Above Rs 38K

COMEX Gold marked a good recovery today as three week lows triggered good buying amid tepid economic releases globally. The metal also saw some safe haven buying on Turkeys incursion into Syria. COMEX Gold futures are currently trading at $ 1499 per ounce, up 0.66% on the day. MCX Gold futures saw good buying after […]

Copper drops as China trade data reinforces negative mood

Copper prices fell on Monday as trade data from top consumer China reinforced concerns about demand for industrial metals while signs of progress on US-China trade talks elicited a cautious response. Benchmark copper on the London Metal Exchange was down 0.7 per cent at $ 5,752 a tonne at 1004 GMT. Prices of the metal […]

Soybeans climb to 16-month high on US-China trade optimism

Chicago soybean futures gained more ground on Monday, with prices hitting a 16-month peak, as progress in US-China trade talks underpinned the market. Corn hit a two-month peak, while wheat rose to its highest since mid-July. The most-active soybean contract on the Chicago Board Of Trade (CBOT) jumped to its highest since June 2018 at […]