Kedia Advisory

Silver yesterday settled down by -3.33% at 62206 pressured by a rebound for the dollar as investors continued to assess the latest economic data and signals from Federal Reserve officials for hints on...

Aluminium yesterday settled down by -1.01% at 206.65 as aluminum smelters in Yunnan completed production cuts, the market attention will focus more on the recovery of domestic consumption. It remains...

Copper yesterday settled down by -0.85% at 756.65 as investors assessed the impact of incoming monetary tightening against signs of stronger demand from China. The rise in price stalled amid slack...

Natural Gas yesterday settled up by 7.65% at 244.8 due to a jump in US liquefied natural gas (LNG) exports and a bigger-than-expected weekly storage draw. The amount of gas flowing to the seven big US...

Crude oil yesterday settled up by 1.03% at 6503 driven by renewed optimism around demand from top oil importer China. In China, activity in the services sector expanded at the fastest pace in six...

Gold yesterday settled down by -0.03% at 55721 as the U.S. weekly jobs data hinted at a tight labor market that could keep the Federal Reserve on its rate-hiking cycle, underpinning the dollar and...

# USDINR trading range for the day is 81.65-82.81.# Rupee hit a one-month high, as comments from Fed officials raised hopes that the Fed will stick with a 25-bps rate hike at its next meeting in...

Jeera yesterday settled down by -4.32% at 30020 as harvesting has started in the Cumin growing regions and it is in the process and may get complete by the end of this month. As a result, new crop...

Copper yesterday settled down by -1.68% at 763.1 as the Grasberg copper mine in Indonesia, which is owned by Freeport-McMoRan, has resumed operations. The Grasberg copper mine in Indonesia has resumed...

Natural Gas yesterday settled down by -0.09% at 227.4 as rising output and forecasts for less heating demand next week more than offset a bigger-than-expected weekly storage draw. Average gas output...