After losing more than 11 per cent on some of the major commodity exchanges over the last three sessions, crude oil traded higher on Thursday morning as the International Energy Agency (IEA) expressed optimism about an increase in the demand for crude oil in 2023. At 9.57 am on Thursday, May Brent oil futures were ...

HDFC Securities is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 1800 in its research report February 06, 2023. HDFC Securities’ research report on Multi Commodity Exchange MCX reported a better-than-expected revenue performance but margins dipped due to higher payments to the technology vendor. The ...

MCX gold prices are likely to hit Rs 54000 per 10 grams, and silver Rs 64,000 per kg by the end of this calendar year, Pritam Patnaik, Head – Commodities, HNI & NRI Acquisitions, Axis Securities, said. In an interview with Surbhi Jain from FinancialExpress.com, Pritam Patnaik said the US Federal Reserve is expected to ...

Crude oil futures traded lower on Monday morning following a weak demand outlook due to monetary tightening by some economies. At 10.01 am on Monday, December Brent oil futures were at $96.91, down by 1.03 per cent, and November crude oil futures on WTI were at $91.69, down by 1.03 per cent. October crude oil ...

The aluminium futures on the Multi Commodity Exchange (MCX) (₹248) bounced off a key support at ₹225 last week, in line with our expectation. However, the overall trend is still bearish and a decisive breakout of ₹260 can probably change the near-term outlook positive. Also, note that ₹252 is a resistance and there is a ...