COMMODITY NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

Gold falls ahead of Fed meeting  -   13/12/2017 15:14
G old futures were down in the domestic market on Wednesday as investors braced for a widely expected US interest rate increase this week and looked for clues about further hikes from the Federal Reserve. The fall in gold prices at the futures market was also due to tepid demand from consuming industries at domestic spot markets, according to marketmen. At the MCX, gold futures for February 2018 contr...
Copper futures dip on subdued demand  -   13/12/2017 12:40
C opper futures were trading lower in the domestic market on Wednesday as participants cut down their holdings amid sluggish demand in the spot market. The fall in copper prices at the futures market was mostly attributed to tepid demand from consuming industries at domestic spot markets, according to marketmen. At the MCX, copper futures for February 2018 contract was trading at Rs 434.40 per kg, do...
Gold futures down on sluggish overseas trend  -   12/12/2017 16:12
G old futures were down in the domestic market on Tuesday hurt by a sluggish trend overseas and lower demand from jewellers. Traders said, other than the weakness in demand from local jewellers, a weak trend overseas on higher chances of a rate hike by the US Federal Reserve later this week diminishing appeal for precious metals as a safe haven investment, led to the fall. At the MCX, gold futures for...
Aluminium futures dip 0.46% on low demand  -   12/12/2017 15:07
A luminium futures were trading lower in the domestic market on Tuesday as speculators trimmed positions, taking negative cues from the spot market on muted demand from consuming industries. Analysts said cutting down of holdings by participants due to weak demand from consuming industries in the physical market mainly influenced aluminium prices at futures trade. At the MCX, aluminium futures for D...
Zinc futures dip amid profit-booking  -   12/12/2017 12:04
Z inc futures were trading lower in the domestic market on Tuesday as speculators trimmed positions amid easing demand in the spot market. Analysts said the weakness in zinc at futures trade was mostly attributed to profit-booking by participants at current levels amid a subdued trend at the domestic spot markets due to low demand. At the MCX, zinc futures for December 2017 contract was trading at Rs...
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