commodity talk

Commodity Talk: MOFSL expert explains why gold’s supply tightness in UK may not impact Indian yellow metal prices materially

by
Commodity Talk: MOFSL expert explains why gold’s supply tightness in UK may not impact Indian yellow metal prices materially

There was a premium arbitrage between COMEX and London, wherein market participants sold the COMEX futures and bought the London physical and to mature the COMEX future part, the London physical stocks were brought into the COMEX inventories, Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services (MOFSL) said. Those concerns have eased-off, … Read more

Fed rate cuts, their impact on gold prices, and key levels to monitor this week

by
Fed rate cuts, their impact on gold prices, and key levels to monitor this week

What happened to gold and silver last week? What’s the outlook for these commodities this week? And how might the Fed’s actions impact gold in the near future? ET Markets discussed these questions with Naveen Mathur, Director of Commodities & Currencies at Anand Rathi Shares and Stock Brokers, in this week’s ET Commodity Talk. Excerpts: … Read more