Copper prices are moving up sharply after production stopped at Indonesia’s Grasberg mine, the world’s second-largest copper producer. This has created worries of a supply crunch in the global market.
Commodities News
Results of FOMC July meeting today. Analysts are telling how to trade? [2025]
Results of FOMC July meeting: Ahead of the FOMC July meeting outcome, Gold October futures contracts at MCX were trading higher by Rs 358 or 0.36% at Rs 99,477/10 grams after settling positively in the previous trading session. However, in the last one week, the prices of yellow metal have fallen by Rs 1,861, from their all-time high levels.
Gold prices hit 2-week high, rises to Rs 78,978 per 10 gram ahead of US inflation data
Gold prices surged past Rs 78,978 to a two-week high on Wednesday, driven by rising geopolitical tensions and expectations of a U.S. Federal Reserve rate cut next week, as investors awaited the closely watched U.S. inflation report later in the day.
मजबूत उत्पादन के बावजूद जीरे की कीमतों में तेजी
बंपर उत्पादन के बावजूद जीरे की कीमतें ऊंची बनी हुई हैं, जिससे उद्योग को संदेह है कि व्यापारी और बड़े किसान अधिक कीमतों की उम्मीद में जमाखोरी कर रहे हैं।
Crude Oil Futures Tumbled Today as Global Growth Worries Weighed on the Market
These data pointers pulled the WTI Crude under $56 per barrel and the counter currently trades at $55.92 per barrel, down more than 1% on the day. Markets also preferred to book profits ahead of the US EIA weekly inventories data.
Crude Oil hits Multi-Month Lows as Downbeat Mood Persists
Brent crude fell $1.56 to a low of $52.79 a barrel, its weakest since September 2017, before rallying to trade around $53.35, down 11.5 percent on the week, by 1435 GMT.
Gold prices Today Rebounded
Gold Silver Reports (GSR) – Gold prices Today Rebounded – Buying by local jewellers amid festive season demand and steady global prices helped boost domestic gold prices. Besides, weakness in the rupee, which makes imports costlier, also fuelled the upward trend in gold prices.