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11th Aug 2023
Gold prices hovered near one-month lows on Friday's session, shrugging off cooler-than-expected U.S. inflation data, with bullion staying on course to wrap up its worst week in seven as the U.S. dollar and bond yields stood strong. The U.S. consumer
14th Jul 2023
LME Copper prices were raised on Thursday, after four days of losing streak, on the hope that top metal consumer China would introduce additional support for its troubled real estate sector. Copper output in Chile sank 14% annually in May, among the
7th Jul 2023
Crude oil prices inched up slightly on Friday but were on track for second straight weekly gains amid signs of tighter supply and improving demand. According to The Energy Information Administration, U.S. crude stocks drew more than expected on stron
16th Jun 2023
Natural gas prices climbed near 15% for June after a long sideways momentum as the bulls have been actively participating the last three weeks. Prices rose amid a drop in output and forecasts for a higher demand outlook. According to the Energy Infor
9th Jun 2023
Gold traded sideways after a 1% climb in the previous session, although gold headed for second straight weekly gains on bets that the U.S. Federal Reserve may pause rate hikes in its next week meeting. According to the Fed rate monitor tool, there wa
2nd Jun 2023
MCX copper prices have been rising consecutively for the last three days, supported by unexpected growth in factory activity in China and a vote of approval from the U.S. House of Representatives to suspend the debt ceiling. Production in Chile fell
26th May 2023
Crude oil prices retreated nearly 3% on Thursday's session after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts at its meeting on June 4. The Russian president also said on Wednesday that en
Introduction Digital gold is a concept used to describe cryptocurrency. It is supposed to be a digital equivalent of physical gold. It is a blockchain-based asset that enables investors to exchange and hold gold digitally without having any metal.
5th May 2023
Natural gas prices failed to maintain momentum after the storage data showed a build of 78 bcf compared to small expectations for a build of 68 bcf. Prices declined by almost 3% from the day's high and settled at lows on Thursday. However, during the
28th Apr 2023
Gold prices traded lower on Friday, extending losses into the third straight session in a row after the U.S. inflation and jobless claims data, and raised fears of more rate hikes in the coming sessions. Gold prices fell below the $2000 mark, while y
6th Apr 2023
Crude oil prices jumped 6% on Monday after OPEC jolted the market with plans to cut more production. The Organization and Petroleum Exporting Countries announced on Sunday that they will start another production cut by 1.6 million barrels per day fro
31st Mar 2023
Copper prices declined almost 2% over a week after touching their highest in nearly two weeks due to a resurgent dollar and worries of further rate hikes. Federal Reserve Bank of New York President John Williams said that inflation is still at proble
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