MCX Zinc Tips Today: Zinc yesterday settled down by 0.11% at 234.65 but prices recovered from lows as speedy vaccination rollouts and trillions in dollars of economic stimulus lifted hopes of a robust global economic recovery and higher demand for metals.
Commodity Trading Strategies: Commodity prices traded on a mixed note on Thursday, as bullion prices traded steady on pandemic worries while crude oil prices declined on demand growth worries and inventory build. Base metals complex traded on a weak note as they pared gains from the previous session. Here is a look at how different commodities are behaving in today’s market.
The Indian rupee has turned into Asia’s worst-performing currency from being the best in the previous quarter. It’s poised for more losses as a resurgence in coronavirus cases to a record threatens to hamstring the economy.
Bullion Market : Gold and silver futures prices in the domestic market dipped further on Monday, following the massive fall in the previous session, as the US dollar firmed and economic conditions showed improvement.
Copper prices CMCU3 have extended their sharp recovery last week from the March lockdown lows of $4,371 to $7,973.5 a tonne, the highest since February 2013, buoyed by China’s solid demand and hefty investments by speculators amid monetary policy easing. views the current prices do not reflect fundamentals and the rally has been overdone.
NATURAL GAS TODAY TIPS HIT ALL TARGET 217 TO 224
NATURAL GAS Tips Today Rocking Full Target Hit 224.70, Power of Chart – Neal Bhai
21 अक्टूबर को प्राकृतिक गैस वायदा का कारोबार 221.60 रुपये प्रति एमएमबीटीयू पर हुआ क्योंकि प्रतिभागियों ने अपने लंबे पदों को बढ़ाया। मजबूत अमेरिकी गैस निर्यात मांग के संकेतों पर कीमतें एक सप्ताह के उच्च स्तर पर आ गईं।