Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots
Natural gas prices moved lower on Thursday, declining slightly more than 2% following a smaller than expected draw in natural gas inventories.
Natural gas prices moved lower on Thursday, declining slightly more than 2% following a smaller than expected draw in natural gas inventories.
The central bank announced on Monday that it would stop buying gold starting April 1, but didn’t explain the move. Analysts say Russia already has a lotof gold stashed in reserves and likely doesn’t need more.
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Gold Technical Outlook – It’s been a few weeks since gold traders could justifiably complain about being in an uninspiring market but this week the precious metal has been stuck in a narrow trading range, albeit with a slight upward bias.
Gold prices moved up to one-week highs even as Asian stock markets made gains on Monday. Risk appetite remains elevated as Wall Street closes in in on its largest and longest ever bull run but the interest rate environment still looks quite conducive for the non-yielding metal.
Gold prices traded in a narrow $3 range on Monday as strong U.S. economic data encouraged investment in riskier assets while limited risk hedging supported the metal.
MCX Natural Gas prices settled up 0.33% at 153.2 on forecasts calling for a little colder weather in late January despite a government report showing a smaller-than-expected storage draw last week.
इरान द्वारा इराक स्थित अमेरिका के सैन्य ठिकानों पर रॉकेट हमले करने के बाद से क्षेत्र में तनाव काफी बढ़ गया है और इस कारण क्रूड ऑयल की कीमतों में तेजी देखी गई है। क्रूड ऑयल में तेजी का असर रुपये में गिरावट के रूप में दिख रहा है और रुपये में गिरावट से सोने की कीमतों में तेजी देखने को मिल रही है।
Gold Silver prices witness very high volatility on Monday. Gold prices tested $1584 per troy ounce to hit a near 7-year high, and silver prices test $18.50 per troy ounce in the international market.