Market Analysis

The weakness of the dollar was partly responsible for today’s gains, but most of the gains due to market participants were bidders of the precious yellow metal as active buyers. The most active Silver base Cox contract of May 2021 received $ 0.28, and is currently fixed at $ 25.525. …

Today’s slight decline led to the strengthening of the nominal dollar, increased yields of 10-year US Treasury notes, and market participants bidding on both precious metals. 5:15 PM EST, as gold futures basis, the most active June 2021 Comex contract delivered $ 4.50 (-0.26%) and is currently fixed at $ …

Oil traders are now expecting an improvement in energy demand despite the recently seen lockdown in Western Europe. Recent macros, from the world’s leading economic juggernaut, echoed such results in the Chinese services sector, the U.S. The March data reveal print services activity to record highs, triggering an oil bull …

Natural gas Analysis Natural gas prices fell about 2% on Tuesday after falling 5% on Monday. According to the National Oceanic Atmospheric Administration, the move is expected to be warmer than normal weather for the next 6-10 and 8-14 days as this weather is expected to cover most areas of …

The low last week was $ 1677. Gold prices have risen by about $ 70 in about a week. The US dollar has been in a defined downtrend in the last four trading days, after trading at a high of 93.50 on 31 March and settling at 92.29 today, a …

The Nifty futures closed positive at 14,914 levels with a gain of 2.09%. Among the specific shares, UPL NSE 7.27%, Mindtree, Adani Enterprise, JSW Steel, Tata Steel, HCL Tech, Infosys NSE 3.67%, Biocon, Nestle India, HUL, Shree Cement, Device Labs, Cummins India, saw a spurt in business setup Has gone. …

24th March 2021 marks the anniversary for Nifty @ 7500. In honour of the historical day, we write today on market psychology for the week. The equity market cycle is driven by greed and fear. The market cycle has peaks and troughs just like a sinusoidal wave has. The same …

Gold prices plummeted against the dollar despite declining US Treasury yields. Since gold prices are quoted in US dollars, a strong greenback will usually weigh on the value of the yellow metal. Prices have improved as the dollar has reached a higher level. The 10-year Treasury yield dropped 4-point after …

US West Texas Intermediate and international benchmark Brent crude oil futures rose more than 2% on Friday as buyers tried to recover some losses from the previous session. The rally was likely boosted by technical factors following a 7% drop in markets on Thursday. A new wave of coronavirus infection …

American West Petroleum Intermediate and international benchmark Brent crude oil futures are declining on Wednesday as renewed concerns over-improved demand in Europe, a weekly list from the American Petroleum Institute (API) report said That US crude inventories fell unexpectedly last week. Traders now await the report of the weekly inventions …