Commodity Prices

Gold is expected to trade with a positive bias as buyers have $3,000 (MCX April gold Rs 88,000) level in focus

Support for Silver is at $31.77 (Rs 94,000) /$31.11 (Rs 92,000). Resistance is $32.55 (Rs 96,300)/$33.45 (Rs 99,000)

The Q3FY25 results saw Tata Chemicals report a net loss of Rs 53 crore, from Rs 158 crore profit in Q3FY24

On January 28, spot gold traded between $2730 and $2760 as, once again, it took support at the crucial level of $2730 to extend its recovery following the selloff on January 27

Total known global silver ETF holdings stood at 710.01 MOz, the lowest since September 23, as on January 27

Silver trading strategy: Support is at $30 (Rs 90,200)/$29.60 (Rs 89,000). Resistance is at $31.10 (Rs 93,400)/$31.50 (Rs 94,600)/$31.85 (Rs 95,600)

At 6:31 AM, GIFT Nifty futures indicated a subdued start, trading 72 points lower at 23,723, suggesting a negative opening for Indian bourses

Spot gold traded in the range of $2,621-$2,661 on January 2

With a constrained supply growth and rising industrial usages, silver is mostly headed for a fifth straight year of deficit in 2025

On December 26, spot gold rose on flattish US Dollar and mixed US weekly job data

In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent

Investors will closely watch the implementation of new F&O rules, the NTPC Green Energy IPO, coupled with the Maharashtra Assembly election developments and Nifty50 expiry

The onion can sometimes unpeel the political careers of even the most battle-hardened leaders

Gold price: The yellow metal faces risk from fickle bond yields as deficit concerns loom large. Near-term upside is limited, says Praveen Singh of Sharekhan

Silver rate today: Silver is likely to do better than gold in the short-term in case Harris wins the presidential race

Industry executives have observed a decline in the share of the Rs 5 segment within the FMCG market, which was 35 per cent two years ago

Silver rate today: Unless we see a sharp decline in gold or copper prices, silver is likely to trade with a bullish bias

Spot gold was trading with a loss of around 0.45 per cent at $2,570 at the time of the MCX closing. The MCX October gold contract closed at Rs 73,150 (LTP), down 0.49 per cent.

Crude oil strategy, Sept 12: WTI crude oil rice may fall to $65 in medium-term

Silver price outlook by Sharekhan: Silver continues to lag gold as investors are concerned about the global economy, especially the Chinese and the US economies