Blog Posts - Strategies



Zinc Settled Up By 4.02% At 187.55

Zinc settled up by 4.02% at 187.55 continued its firm trend underpinned by weakness in the dollar. Zinc is the best-performing LME metal, having surged almost 74 percent this year, although it's down about 6 percent from a nine-year peak of $2,985 to...

Nickel Settled Up

Nickel settled up by 1.14% at 790.4 after the Philippines said it would close more mines on environmental grounds, potentially curbing supplies of nickel ore. The Philippine government will suspend more mines in a fight against environmental degradat...

Gold Settled Down

Gold settled down by -0.17% at 28063 after Italian Prime Minister Matteo Renzi conceded defeat in a referendum over his plan to reform the constitution. The political uncertainty in the euro zone earlier spurred safe-haven demand for gold, but the pr...

Silver Settled Up

Silver settled up by 0.05% at 41358 as the U.S. dollar rose on expectations that the U.S. Federal Reserve will raise interest rates at its policymaking meeting next week. U.S. services sector activity hit a one-year high in November, with a surge in...

Crude Oil Settled Up By 1.03%

Crude Oil settled up by 1.03% at 3536 fueled by optimism about the prospect of a tightening market after OPEC members agreed on a landmark deal to cut production last week. Monday's gains take the rally since the agreement was struck on Wednesday to...

Copper Settled Up By 2.52%

Copper settled up by 2.52% at 406.7 on an improving demand outlook and concerns about supply constraints next year. A private report showed U.S. non-manufacturing industries expanded at the fastest pace in 13 months, while data from Caixin Media and...

Crude Oil Up On OPEC Deal Success

Crude oil futures closed higher in the domestic market on Monday as the industry continues to wrestle with the details surrounding OPEC’s historic agreement to cut production and as a meeting over the weekend to solidify cuts for non-OPEC members l...

Aluminium Futures Slide On Diminishing Demand

Aluminium futures were trading lower during morning trade in the domestic market on Tuesday as participants indulged in offloading their positions in the industrial metal amid slide in physical demand for aluminium at the domestic spot market.Further...

Subdued Demand Drags Down Lead Futures By 0.67%

Lead futures fell during morning trade in the domestic market on Tuesday as investors and speculators exited their positions in the industrial metal amid fall in physical demand for lead, from battery-makers, in the domestic spot market.Further, a do...

Gold Ends Slightly Higher In Monday’s Trade

Gold futures closed slightly higher in the domestic market on Monday recovering from sharper losses earlier in the session, as prospects for a rate increase later in the month by the Federal Reserve and the possibility that monetary policy might tigh...

Silver Down On Weak Global Cues

Silver futures closed lower in the domestic market on Monday as participants engaged in trimming their positions taking weak cues from global market.Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metal...

Aluminium Futures Rise On Pick Up In Demand

Aluminium futures were trading higher during late morning trade in the domestic market on Monday as speculators created fresh positions.Analysts said fresh position built up by participants, driven by pick up in demand from consuming industries in th...

Lead Rises On Pick Up In Demand

Lead futures were trading higher during morning trade in the domestic market on Monday tracking a firming trend in the base metals pack at the London Metal Exchange (LME) and pickup in demand at the domestic markets.Market analysts said apart from st...

White Metal Dips On Feeble Global Cues

Silver futures were trading lower during afternoon trade in the domestic market on Monday as participants engaged in trimming their positions taking weak cues from global market.Marketmen attributed the fall in silver prices at futures trade to a wea...

Zinc Futures Rise On Firm Global Cues

Zinc futures were trading higher during the afternoon trade in the domestic market on Monday as traders enlarged positions following uptick in demand in the spot markets coupled with a firm trend at the London Metal Exchange.Market analysts attribute...

Gold Trading Range For The Day Is 27860-28326

Gold on MCX settled up 0.55% at 28111 shrugging off data showing rising U.S. job numbers, with an expected rise in interest rates had already been priced in. U.S. employers boosted hiring in November, pushing down the unemployment rate to a more than...

Copper On MCX Settled Down

Copper on MCX settled down -0.73% at 396.7 as traders unwound speculative positions on doubts that the post U.S. election rally has much further to run. However downside were limited as data showed that the US and China are growing at a multi-year hi...

Nickel On MCX Settled Up

Nickel on MCX settled up 2.2% at 781.5 getting support from news that the Philippine government will suspend more mines in a fight against environmental degradation. The Philippine government will suspend more mines in a fight against environmental d...

Naturalgas On MCX Settled Down

Naturalgas on MCX settled down -2.54% at 233.7 as traders took profits following a dramatic rally spurred by expectations of colder weather. Forecasts of falling temperatures are behind the price increase. After an unusually warm autumn, new forecast...

Gold Rises As US Dollar Eases

Gold futures closed higher in the domestic market on Friday as the U.S. dollar and Treasury yields eased back in the wake of the monthly jobs report.The latest look at the U.S. job market all but cemented the likelihood for the second Federal Reserve...


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