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The Chairman of the Multi Commodity Exchange of India (MCX) has warned on a significant loss of business if the Commodity Transaction Tax (CTT) is imposed.....
Silver prices gained sharply by more than 1 percent today, taking cues from rise in gold prices coupled with upside in base metals.....
FOMC Member Williams Speaks will be released today. It will have a minor impact on US dollar which will affect base metal and bullion prices.....
On weekly, chart yellow metal is having a good support near Rs. 27700 an....
Mentha oil futures fell Monday on selling pressure by the traders on the back of subdued demand in the domestic market.....
Easing tensions with respect to Greece debt worries will lead to upbeat sentiments in the global markets today.....
Crude oil prices are expected to trade with a sideways bias today taking mixed cues from negative demand forecast from OPEC and EIA, supply concerns from Iran and a weaker dollar.....
We expect gold and silver to trade higher today on account of a weaker dollar coupled with revival in the markets due to easing concerns over Europe’s debt crisis.....
Rising tensions with respect to Euro Zone debt worries, with Greece being the matter of concerns coupled with mixed sentiments in the global markets led base metals pack to trade lower on the LME l....
On a weekly basis, Nymex crude oil prices increased by 0.9 percent, taking cues from low temperatures In Europe which created demand expectations for the commodity.....
On a weekly basis, spot gold prices declined around 0.4 percent on the back of dollar strength. As a stronger dollar makes dollar denominated commodities look expensive for the holders of the other....
Greece has accepted austerity plan and they can now move to take externa....
Cardamom futures rose Monday as traders created fresh positions on the back of rising spot demand amid export demand.....
Base metal prices retreated due to uncertainty over the Greece bail-out over the parliament approval after the so called Troika asked for turning the austerity measures into law. The financial mark....
Gold settled in negative territory as uncertainty over Greece's future saw market participants move to cash ahead of the weekend.....
The Gold Silver ratio should push lower. The past three Friday’s has seen the ratio close near current 51.27. Down side support is at October low 49.33 with resistance back at 52.50.....
Crude oil ended with gains on short covering after prices fell Friday after a far-right party in Greece refused to sign off on austerity measures, denting the country's efforts to secure an EU-IMF ....
Copper settled flat after felling Friday erasing the gains made earlier in the week as fresh worries about debt-laden Greece and the health of China's economy sent traders cashing out of the indust....
Zinc yesterday traded with the positive node and settled 0.29% up at 103.55 as market concerns improved last Friday as finance ministers of the Euro zone did not approve the second bailout plan for....
Nickel yesterday traded with the positive node and settled 0.3% up at 1034.7 tracking LME nickel which opened at USD 21,700/mt and closed at USD 20,800/mt, down by USD 900/mt from a day earlier, wi....