A trader continuously seeks new variables to estimate the movements of stock prices efficiently. While earnings, momentum, charts, and volumes are common indicators, another way to observe equity is via the association with commodity markets. From a financial perspective, commodities are ores and minerals that have been extracted from the terrain. A few of the …
In the financial market, commodities are a separate asset class. The commodity market is a marketplace for buying and selling primary goods. Commodities like gold, silver, copper, corn, soybean, natural gas, and others are traded globally, including on Indian commodity exchanges. India has six commodity exchanges, but the most famous is the Multi Commodity Exchange. …
In India, investor’s perception regarding investment has undergone a sea change over the past few years. A decade back, you could see only a few players participating in the stock exchange, while ordinary Indians preferred to stay away from it. Most of them viewed stock trading similar to gambling, considered it a trap to lose …
So, you just opened your commodity trading account and now want to make the best of it. Unlike what you may have been led to believe, there is nothing to prove that commodity trading is far riskier than trading in equity or equity futures and options. In fact, what is needed in commodity trading is …
Both stock market trading and commodity trading are popular means of making profits in India. Although they are different in various aspects, there lies a significant correlation between them. If you are new in the world of investing or planning to kick off your investment journey with stocks and commodity trading, you should be aware of …
Gold: Gold prices have continued their decline for the ninth consecutive session on Friday, as concerns over the Federal Reserve’s commitment to higher interest rates is driving the dollar to higher levels. Since reaching above $2,000 per ounce in May, gold has retreated by nearly 12%, largely influenced by the Fed’s hawkish stance, which has pushed …
USDINR: In the holiday shortened last week, the Indian Rupee weakened by 0.25 percent following the weak trend in Asian markets. Rising US Treasury yields, faltering global growth outlook, supply-constrained rising oil prices, and a short-term government funding stopgap for the US are all sending investors into the safe-haven dollar. Download Report
NSE USD INR (Technical): NSE MCX USDINR Oct, as seen in the weekly chart above, has opened the week gap up to 83.2975 levels. The same day of the week, the price reached a weekly high of 83.48. Later on, the price corrected sharply and reached a weekly low of 82.94. This week, prices have closed …
USDINR: The overall trend of the Indian Rupee last week was in a range bound manner with a slight positive trend on account of suspected inflows into the system. Indian government bonds will become part of the JPMorgan Chase & Co’s emerging markets bond index. Download Report
Gold: Gold prices continued to face downward pressure as the U.S. Federal Reserve signaled a more hawkish stance in response to economic data suggesting a robust recovery. The prospect of future rate hikes and a commitment to tighter monetary policy through 2024 diminished gold’s appeal as an inflation hedge. Download Report
