Commodities - Angel One - Page 161

Introduction: A New Dip in Gold Prices Gold, often seen as a safe haven during uncertain times, has been hit hard recently, breaking below the $2700 mark. This key level has been critical in both uptrends and downtrends, and its recent fall signals a shift in the gold market. But why did this sudden drop …

As the festive season of Dhanteras 2024 (Dhantrayodashi 2024) and Diwali 2024 approaches, both gold and silver prices are showing significant upward momentum. Silver has recently surpassed the Rs 1 lakh mark in the physical market, while in the global arena, Comex silver prices have surged past $34.50 per ounce, reaching their highest levels in …

Gold Shines Bright Amidst Market Volatility As the Indian equity benchmark indices started the week in the red, one asset class stood out: gold. Often considered a safe-haven investment, the yellow metal is trading near its all-time highs. With the festive season of Diwali around the corner, gold is shining brighter than ever. For the …

The Securities and Exchange Board of India (SEBI) has issued a master circular consolidating all guidelines related to trading gold on the Gold Exchange, also known as electronic gold receipts (EGRs). This comprehensive document includes rules on risk management and procedures for vault managers and depositories, providing stakeholders with a single reference point for all …

It’s been over 16 years since the global financial crisis of 2008 turned the world of finance upside down. The collapse of Lehman Brothers and the ensuing panic led to a massive sell-off in stock markets worldwide, while gold prices surged as investors sought safe havens. In this article, we’ll dive into how investments in …

Gold has emerged as the star performer in 2024, defying expectations and delivering substantial returns for investors. Price Surge Year-to-date, the price of spot gold has soared by 16%, reaching $2,391 per ounce, up from $2,062 at the start of the year. Domestic prices mirrored the trend, climbing from ₹63,225 per 10 grams to ₹72,958. …

OPEC+ Decision to Boost Supply Oil prices have fallen to their lowest levels in about four months following OPEC+’s announcement to unwind its production cuts. The decision, set to take effect as early as October, has intensified the oil market’s bearish sentiment. This move comes amid ongoing concerns about demand and increasing supplies from outside …

Oil prices have marked their second consecutive weekly gain, a notable recovery not seen since early April. This uptick comes on the heels of a surprise draw in U.S. inventory levels and signals of robust product demand, underscoring buoyant conditions in the world’s top consumer market. U.S. Crude Inventory Fell U.S. crude holdings declined by …

The Securities and Exchange Board of India (SEBI) has introduced detailed guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) managed by stock exchanges and depositories in the commodity derivatives market. These guidelines, effective from June 29, 2023, aim to protect investors and promote financial literacy across the market. Structure and Governance …

The Securities and Exchange Board of India (SEBI), the regulatory authority for the securities market, has recently issued a circular that modifies the staggered delivery period for commodity futures contracts. This circular, effective from July 1, 2024, aims to address the concerns raised by market participants and is based on deliberations by SEBI’s Commodity Derivatives …