Surging gold prices in India are keeping customs officials on their toes. Illegal inflows have jumped after the Indian government increased import taxes in July and prices surged to record highs in September.
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Is There More Hurt Ahead for Natural Gas or Can It Heat Up?
Future prices for natural gas “fell to a one-month low on Friday after plunging more than 12% for the week. The commodity Natural Gas is currently trading around $2.34 per million British thermal units, which is nearly 50% below where it traded a year earlier. It’s down 21% for 2019.”
Natural Gas Strong production combined with a much warmer outlook over next couple of weeks puts bears in firm control of the market
Until more convincing cold starts showing up in the models, downside risk will outweigh upside potential.
Russia switches on gas mega-pipeline to China as Putin touts closer ties
Russia switched on an enormous gas pipeline to China worth billions of dollars Monday, affirming increasingly close economic and political ties between the two countries.
MCX Silver futures Tips Forecast – Big Down Side Target ₹42700—₹41700—₹40400
MCX Silver futures Tips Forecast – Watch Level ₹45000 Level, Big Down Side Target ₹42700—₹41700—₹40400
MCX Natural Holding Call : Buy And So Jaao, Ultimate Target – 207—224— 245 – Neal Bhai
Natural Gas prices rebounded in yesterday’s session settled at 184.70 up by +0.49% following a larger than expected draw in natural gas inventories according to a report from the Department of Energy.
Indian Rupee Up 0.22% to 71.63 Against Dollar
Indian rupee strengthened for the third consecutive session against the US dollar on Monday, amid mixed cues from other Asian currencies due to uncertainty over US-China trade deal.