Thursday 31 December 2015

RUPEES

The rupee resumed lower at 66.45 as against overnight closing level of 66.39 at the Inter-bank Foreign Exchange (forex) market. It slid further before quoting at 66.39 at 1030 hours.

ww.ripplesadvisory.com 9039089370

 

GOLD

Gold was little changed on the last trading session of the year, but looked set to post its third straight annual loss, undermined by a robust dollar and prospects of higher US interest rates. Investors have sold off the metal, down about 10 percent for the year, on fears that higher US interest rates would dent the appeal of non-interest-paying bullion.

ww.ripplesadvisory.com 9039089370

 

CRUDE OIL

Crude oil down 37 pct in 2015, seen hitting $20

ww.ripplesadvisory.com 9039089370

 

BRENT CRUDE

Brent crude gained 0.4 percent to $36.60 on Thursday, after a 3.5 percent drop in the previous session. It's set for a slump of nearly 37 percent for 2015, having shed 48 percent in the previous year, as a global supply glut shows no sign of abating.

www.ripplesadvisory.com  9039089370

 

SILVER

Silver, up 0.2 percent at $13.89 an ounce on Thursday, looked set to end the year down about 11 percent.

www.ripplesadvisory.com  9039089370

SPOT GOLD

Spot gold edged up 0.1 percent to USD 1,062.20 an ounce by 0645 GMT on Thursday. Volumes were thin ahead of the new year holiday on Friday.

www.ripplesadvisory.com   9039089370

 

MCX PRICE

Open   318.10

High    318.10

Low     316.90

Open   101.85

High    102.15

Low    101.70

SILVER

Open   33,543.00

High    33,566.00

Low     33,425.00

CRUDE OIL

Open   2,448.00

High    2,451.00

Low     2,438.00

Open    149.50

High     153.10

Low      149.50

Open  25,009.00

High   25,013.00

Low    24,955.00

NIKKEI  

Open  19,070.83

High   19,113.18

Low   19,017.27 

www.ripplesadvisory.com   9039089370

CRUDE

Crude prices held losses after falling more than 3 percent in the previous session, with U.S. West Texas Intermediate (WTI) crude futures trading around $36.70 per barrel at 0300 GMT on Thursday and Brent around $36.60 per barrel. Both benchmarks are down by around a third over 2015.

www.ripplesadvisory.com   9039089370

 

Wednesday 30 December 2015

RUPEE

The Indian rupee opened lower by 5 paise at 66.45 per dollar versus 66.40 Tuesday. 

www.ripplesadvisory.com 

  9039089370

The Indian rupee opened lower by 5 paise at 66.45 per dollar versus 66.40 Tuesday.

Read more at: http://www.moneycontrol.com/news/rupee/rupeeopenslowerat6645perdollar_4788281.html?utm_source=ref_article

GOLD

Gold was little changed on Wednesday as thin liquidity and a firmer dollar capped price moves, although the metal remained on track to close the year lower for a third time in a row.  

www.ripplesadvisory.com  9039089370

 

Gold was little changed on Wednesday as thin liquidity and a firmer dollar capped price moves, although the metal remained on track to close the year lower for a third time in a row.

Read more at: http://www.moneycontrol.com/news/commodities/gold-treads-water-as-36-firms-poised-for-third-annual-loss_4789161.html?utm_source=ref_article

SPOT GOLD

Spot gold was up 0.02 percent to $1,069.6 an ounce at 2:17 p.m. EDT (1917 GMT), after losing 0.6 percent in the previous session. Volumes were thin during the last trading week of the year.

www.ripplesadvisory.com  9039089370

 

pot gold was steady at USD 1,069.40 an ounce by 0109 GMT, following a flat close overnight.

Read more at: http://www.moneycontrol.com/news/commodities/gold-treads-water-as-36-firms-poised-for-third-annual-loss_4789161.html?utm_source=ref_article

SILVER

Silver rose 0.7 percent to $14.03 an ounce, but was heading for an 11 percent yearly fall, while palladium gained 0.85 percent to $556.75 an ounce and platinum rose 1.14 percent to $889.55 an ounce.

ww.ripplesadvisory.com 9039089370

 

U.S.GOLD

U.S. gold futures for February delivery settled at $1,068.0 an ounce, little changed from the previous day's close of $1,068.3.

www.ripplesadvisory.com  9039089370

 

U.S. CRUDE

U.S. crude futures skidded 1.8 percent to $37.19 a barrel, while Brent shed 1.2 percent to $37.32. Both had jumped 3 percent overnight, taking back ground lost in the previous session as colder weather forecasts raised expectations of more demand. 

www.ripplesadvisory.com  9039089370

 

Tuesday 29 December 2015

MCX PRICE

GOLD 

Open   25,207.00

High   25,279.00

Low   25,155.00

Open   33,645.00

High   33,800.00

Low   33,537.00

NATURAL GAS

Open   149.90

High   152.90

Low   149.90

ALUMINIUM

Open   99.75

High   102.10

Low   99.60

Open   309.40

High   314.50

 

OIL

Oil fell close to USD 37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has more than halved prices since the downturn began in mid-2014.

ww.ripplesadvisory.com 9039089370

Oil fell close to USD 37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has more than halved prices since the downturn began in mid-2014.

Read more at: http://www.moneycontrol.com/news/commodities/oil-falls-to-3637-near-11-year-low-as-excess-supply-weighs_4768661.html?utm_source=ref_article

INDIAN RUPEE

The Indian rupee opened marginally lower at 66.25 per dollar on Tuesday against previous close of 66.19.  

ww.ripplesadvisory.com 9039089370

 

The Indian rupee opened marginally lower at 66.25 per dollar on Tuesday against previous close of 66.19.


Read more at: http://www.moneycontrol.com/news/rupee/rupee-opens-marginally-lower-at-6625-per-dollar_4770801.html?utm_source=ref_article

BRENT CRUDE

Brent crude was down 85 cents at USD 37.04 a barrel at 1255 GMT. It fell to USD 35.98, an 11-year low, on Tuesday. US crude was down USD 1.16 at USD 36.94. Trading volume was lighter than normal due to a UK public holiday. 

ww.ripplesadvisory.com 9039089370

 

 

Brent crude was down 85 cents at USD 37.04 a barrel at 1255 GMT. It fell to USD 35.98, an 11-year low, on Tuesday. US crude was down USD 1.16 at USD 36.94. Trading volume was lighter than normal due to a UK public holiday.

Read more at: http://www.moneycontrol.com/news/commodities/oil-falls-to-3637-near-11-year-low-as-excess-supply-weighs_4768661.html?utm_source=ref_article

DOLLAR

Currencies, the Dollar edged down about 0.1 percent to 120.29 yen, within striking distance of a two-month low of 120.05 struck late last week.

ww.ripplesadvisory.com 9039089370

 

SILVER

Silver XAG= posted the biggest declines of the main precious metals, down 3.3 percent at $13.87 an ounce. Platinum XPT= was down 0.9 percent at $873.25 an ounce, while palladium XPD= was down 1.5 percent at $550 an ounce.

ww.ripplesadvisory.com 9039089370

 

SPORT GOLD

Spot gold was little changed at USD 1,070.05 an ounce by 0116 GMT, after losing 0.6 percent in the previous session. Volumes remained thin in the last trading week of the year. 

ww.ripplesadvisory.com 9039089370

Spot gold was little changed at USD 1,070.05 an ounce by 0116 GMT, after losing 0.6 percent in the previous session. Volumes remained thin in the last trading week of the year.

Read more at: http://www.moneycontrol.com/news/commodities/oil-slump-keeps-gold-under-pressurethin-trade_4770541.html?utm_source=ref_article

Monday 28 December 2015

MCX PRICE

ALUMINIUM

Open   100.95

High   100.95

Low   100.20

COPPER

Open   313.30

High   313.30

Low   307.60

NATURAL GAS

Open   138.10

High   143.00

Low   138.10

 www.ripplesadvisory.com  9039089370

CRUDE OIL

Crude oil, the most traded commodity by far, lost 35 percent of its value this year, while benchmark base metal copper fell 26 percent and gold dropped 9.4 percent. Cocoa bucked the trend, with a 12-percent rise. 

www.ripplesadvisory.com  9039089370

 

SILVER

Silver was the biggest faller of the main precious metals, down 2.3 percent at $14.01 an ounce. Platinum was down 1.2 percent at $871.24 an ounce, while palladium was down 0.4 percent at $554.75 an ounce.

ww.ripplesadvisory.com 9039089370

 

SPOT GOLD

Spot gold was down 0.4 percent at $1,071.40 an ounce at 1030 GMT, while U.S. gold futures for February delivery were down $5.50 an ounce at $1,070.40.

 ww.ripplesadvisory.com 9039089370

 

MCX PRICE

GOLD

Open   25,193.00

High   25,205.00

Low   25,161.00

CRUDE OIL

Open   2,520.00

High   2,520.00

Low   2,507.00

SILVER

Open   34,222.00

High   34,236.00

Low   34,113.00

 NIKKEI

Open  18,838.91

High   18,922.90

Low   18,764.54

 ww.ripplesadvisory.com 9039089370

RUPEE

The Indian rupee opened higher in the early trade on Monday. It has gained 11 paise at 66.10 per dollar versus 66.21 Wednesday.

ww.ripplesadvisory.com 9039089370

 

The Indian rupee opened higher in the early trade on Monday. It has gained 11 paise at 66.10 per dollar versus 66.21 Wednesday.

Read more at: http://www.moneycontrol.com/news/rupee/rupeeopensat6610perdollargains11paise_4753681.html?utm_source=ref_article

U.S. CRUDE

U.S. crude gained last week thanks to falling inventories, reduced drilling and the lifting of a ban on most U.S. crude exports. U.S. crude nudged down 0.6 percent to $37.87 a barrel after jumping nearly 9 percent last week and away from $33.98, its lowest level since February 2009.

ww.ripplesadvisory.com 9039089370

 

BRENT CRUDE

Brent crude also rose nearly 3 percent last week, moving away from an 11-year trough. It last fetched $37.74 a barrel, down 0.4 percent on the day.

ww.ripplesadvisory.com 9039089370

 

BRENT

Brent was down 18 cents at USD 17.71 a barrel, meaning that US crude defended a premium it gained over the globally traded benchmark last week. 

ww.ripplesadvisory.com 

9039089370

Thursday 24 December 2015

SILVER

Silver rose 0.3 percent to $14.33 an ounce, while palladium gained 1 percent to $557.20 and platinum was up 0.8 percent at $874.75.

www.ripplesadvisory.com 

9039089370

 

 

U.S. CRUDE

U.S crude inventories fell 5.88 million barrels to 484.78 million last week compared with a forecast rise of 1.4 million, the Energy Information Administration (EIA) said.

www.ripplesadvisory.com 

9039089370

 

 

SPOT GOLD

Spot gold rose 0.2 percent to USD 1,072.10 an ounce by 0037 GMT, after losing 0.7 percent in the last two sessions. 

www.ripplesadvisory.com 

9039089370

 

 

Spot gold rose 0.2 percent to USD 1,072.10 an ounce by 0037 GMT, after losing 0.7 percent in the last two sessions

Read more at: http://www.moneycontrol.com/news/commodities/gold-edgesafter-two-day-droppre-holiday-trade_4719281.html?utm_source=ref_article

GOLD

Gold rose only slightly on Thursday, after two days of losses, as the metal struggled to find direction in thin pre- holiday trade amid conflicting cues from the currency, equities and energy markets.  

www.ripplesadvisory.com  9039089370

 

OIL PRICES

Oil prices are up Thursday during Asian hours after US crude inventories fell 5.88 million barrels to 484.78 million barrels last week, the Energy Information Administration said Wednesday. 

www.ripplesadvisory.com  9039089370

 

Oil prices are up Thursday during Asian hours after US crude inventories fell 5.88 million barrels to 484.78 million barrels last week, the Energy Information Administration said Wednesday.

Read more at: http://www.moneycontrol.com/news/rupee/expectdownsidesurprisein36upsideinoilpricesanalyst_4720421.html?utm_source=ref_article

CRUDE OIL

Crude oil will trade both below $30 a barrel and above $60 in 2016.

www.ripplesadvisory.com 

 9039089370

 

Spot gold rose 0.2 percent to USD 1,072.10 an ounce by 0037 GMT, after losing 0.7 percent in the last two sessions.

Read more at: http://www.moneycontrol.com/news/commodities/gold-edgesafter-two-day-droppre-holiday-trade_4719281.html?utm_source=ref_article

Wednesday 23 December 2015

SPOT GOLD

Spot gold was at $1,071.50 an ounce at 1033 GMT, little changed from $1,071.96 late on Tuesday, while U.S. gold futures for February delivery were down $3.20 an ounce at $1,071.00.

www.ripplesadvisory.com  9039089370

 

MCX PRICE

GOLD

Open   25,222.00

High   25,238.00

Low   25,203.00

Open   2,428.00

High   2,434.00

Low   2,426.00

Open   34,175.00

High   34,255.00

Low   34,161.00 

9039089370

BRENT CRUDE

Brent crude earlier traded as low as $36.28 a barrel, briefly flipping WTI from a long-standing discount into a slight premium over the international benchmark for the first time since a short period in November 2014. Brent edged back to $36.44 by 0340 GMT. Except for November last year, WTI has traded at a discount to Brent since 2010.

www.ripplesadvisory.com  9039089370

U.S. DOLLAR

The U.S. dollar was steady on the yen at 121.00, having touched a one-week low overnight, while the euro was a shade firmer at $1.0949.

www.ripplesadvisory.com 

 9039089370

 

Tuesday 22 December 2015

INDIA CRUDE

India's crude oil production dropped 3.3 percent in November after output fell at fields operated by both public and private sectors.

www.ripplesadvisory.com 

 9039089370

 

NATURAL GAS

Natural gas output was also down nearly 4 percent at 2.71 billion cubic meters, mostly because of drop in production at eastern offshore fields. The nation's 22 refineries processed 2.53 percent more crude oil at 19.7 MT. The charge was led by Reliance Industries' twin refineries at Jamnagar in Gujarat that converted 5.9 percent more crude oil into fuel.  

www.ripplesadvisory.com  9039089370

 

Natural gas output was also down nearly 4 percent at 2.71 billion cubic meters, mostly because of drop in production at eastern offshore fields. The nation's 22 refineries processed 2.53 percent more crude oil at 19.7 MT. The charge was led by Reliance Industries' twin refineries at Jamnagar in Gujarat that converted 5.9 percent more crude oil into fuel.

Read more at: http://www.moneycontrol.com/news/commodities/crude-oil-productionindia-dips-33_4689721.html?utm_source=ref_article

U.S. MARKET NEWS

U.S. and most European markets will close on Friday for Christmas. While Christmas is not a public holiday in Japan, markets will be closed on Wednesday to observe the emperor's birthday.

www.ripplesadvisory.com  9039089370

U.S.CRUDE

U.S. crude futures extended early gains and added about 0.7 percent to $36.06, pulling above a 2009 low of $33.98 a barrel hit in the previous session.

www.ripplesadvisory.com 

 9039089370

 

MARKET NEWS

Asian shares took solace from gains on Wall Street and edged higher on Tuesday, though gains were capped by caution over low share trade volume and plunging Brent crude oil prices ahead of this week's holidays.  

www.ripplesadvisory.com 9039089370

 

Asian shares took solace from gains on Wall Street and edged higher on Tuesday, though gains were capped by caution over low share trade volume and plunging Brent crude oil prices ahead of this week's holidays.

Read more at: http://www.moneycontrol.com/news/commodities/gold-keeps-gainstwo-day-rallyweaker-dollar_4681381.html?utm_source=ref_article
Asian shares took solace from gains on Wall Street and edged higher on Tuesday, though gains were capped by caution over low share trade volume and plunging Brent crude oil prices ahead of this week's holidays.

Read more at: http://www.moneycontrol.com/news/commodities/gold-keeps-gainstwo-day-rallyweaker-dollar_4681381.html?utm_source=ref_article

SPOT GOLD

Spot gold was little changed at USD 1,077.60 an ounce by 0047 GMT, after gaining 2.5 percent in the last two sessions

www.ripplesadvisory.com 9039089370

 

BRENT CRUDE

Brent crude oil futures added 0.3 percent to $36.46 after skidding to a low of $36.04 on Monday, their lowest price since July 2004, as demand for heating oil slipped on warmer-than-normal temperatures.

www.ripplesadvisory.com 

 9039089370

Monday 21 December 2015

U.S. CRUDE

A break of $36.20 would take it to ground last trod in 2004. U.S. crude CLc1 lost 25 cents to $34.48 a barrel, close to Friday's 2015 lows.

www.ripplesadvisory.com 9039089370

 

MCX PRICE

CRUDE OIL 

Open   2,402.00

High   2,402.00

Low   2,381.00

Open   25,173.00

High   25,212.00

Low   25,145.00

 SILVER

Open   34,033.00

High   34,044.00

Low   33,966.00

NIKKEI

Open   18,845.50

High   18,979.83

Low  18,651.13

www.ripplesadvisory.com

 9039089370

RUPEE

The Indian rupee opened marginally higher by 5 paise at 66.35 per dollar versus 66.40 Friday. 

www.ripplesadvisory.com 9039089370

 

DOLLAR

That in turn sent the yen broadly higher and caused some wild swings against the dollar. The dollar was down at 121.14 yen JPY= after touching 123.58 on Friday. 

www.ripplesadvisory.com 9039089370

 

BRENT CRUDE

Brent crude prices LCOc1, which touched a seven-year low of $36.32 overnight, were trading at $36.47 at 0245 GMT as production around the world remained at or near record highs, and a strong dollar following last week's U.S. rate increases weighed on demand.

www.ripplesadvisory.com 9039089370

 

SPORT GOLD

Spot gold had ticked up 0.3 percent to USD 1,069 an ounce by 0339 GMT, adding to the 1.4 percent gain on Friday.  

www.ripplesadvisory.com 

9039089370

 

Friday 18 December 2015

RUPEE

The Indian rupee has opened at 66.48 per dollar on Friday, down 6 paise compared to 66.42 a dollar in previous session.  

www.ripplesadvisory.com 

9039089370

 

U.S. CRUDE

US crude's West Texas Intermediate (WTI) futures CLc1 were down 18 cents at USD 34.77 a barrel by 0104 GMT (8.04 am EDT). The contract fell 1.6 percent to USD 34.95 a barrel on Thursday. 

www.ripplesadvisory.com 

9039089370

 

SORT GOLD

 Spot gold ticked up 0.3 percent to USD 1,053.96 an ounce by 0051 GMT as the dollar eased on profit taking following sharp gains. 

www.ripplesadvisory.com 9039089370

 

Thursday 17 December 2015

RUPEE

Indian rupee rose 11 paise to 66.62 a dollar compared to 66.73 per dollar in previous session.

Read more at: http://www.moneycontrol.com/news/rupee/rupeeopensat1-weekhighrises11paiseto666236_4617681.html?utm_source=ref_article

Indian rupee rose 11 paise to 66.62 a dollar compared to 66.73 per dollar in previous session. The Indian rupee has opened at 1-week high on Thursday due to weakness in dollar after Federal Reserve hiked interest rates by 25 basis points.

www.ripplesadvisory.com 9039089370

 

PLATINUM

Platinum XPT= was up 1.3 percent at $866.25 an ounce and palladium XPD= was up 0.1 percent at $565.31 an ounce.

www.ripplesadvisory.com 

9039089370

 

 

U.S. GOLD

US gold GCcv1 fell 0.6 percent to USD 1,070.50, following a 1.4 gain in the previous session.   

www.ripplesadvisory.com 

9039089370

 

 

US gold GCcv1 fell 0.6 percent to USD 1,070.50, following a 1.4 gain in the previous session.

Read more at: http://www.moneycontrol.com/news/commodities/gold-dipschoppy-trade-after-fed-rate-hike_4616841.html?utm_source=ref_article

SPOT GOLD

Spot gold dipped 0.2 percent to USD 1,070.70 an ounce by 0037 GMT. The metal had rallied before the Fed decision on Wednesday and managed to hold on to most gains post the central bank statement, ending the day up 1.2 percent. 

www.ripplesadvisory.com 

9039089370

 

Spot gold dipped 0.2 percent to USD 1,070.70 an ounce by 0037 GMT. The metal had rallied before the Fed decision on Wednesday and managed to hold on to most gains post the central bank statement, ending the day up 1.2 percent.

Read more at: http://www.moneycontrol.com/news/commodities/gold-dipschoppy-trade-after-fed-rate-hike_4616841.html?utm_source=ref_article

U.S. CRUDE

US crude stocks increased last week as imports into the Gulf Coast rose, data from the Energy Information Administration (EIA) showed on Wednesday, surprising analysts who expected inventories to decline.  

www.ripplesadvisory.com 

9039089370


crude stocks increased last week as imports into the Gulf Coast rose, data from the Energy Information Administration (EIA) showed on Wednesday, surprising analysts who expected inventories to decline.

Read more at: http://www.moneycontrol.com/news/commodities/crude-rises-after-us-fed-rate-hike-gains-limited_4616861.html?utm_source=ref_article

BRENT CRUDE

Brent crude for February delivery, the front-month contract from Thursday, fell 21 cents to $37.18. The global benchmark fell $1.34 to $37.39 the previous session.

www.ripplesadvisory.com 9039089370

 

Wednesday 16 December 2015

SILVER

silver was up 0.3 percent at $13.76 an ounce, steadying after a six-day losing streak. It had dropped to $13.60 on Monday, its lowest since August 2009.

www.ripplesadvisory.com 9039089370

 

DOLLAR

The dollar recovered from an earlier six-week low against a basket of currencies after data showed underlying inflation pressures rose in the United States last month.

www.ripplesadvisory.com 

9039089370

MCX PRICE

Crude Oil 

Open   2,490.00

High   2,490.00

Low   2,482.00

Open   33,629.00

High   33,674.00

Low   33,613.00

 Gold

Open   25,307.00

High   25,307.00

Indian Rupee

The Indian rupee has opened marginally higher at 66.9 per dollar on Wednesday compared to 66.92 a dollar in previous session.

www.ripplesadvisory.com 9039089370

The Indian rupee has opened marginally higher at 66.9 per dollar on Wednesday compared to 66.92 a dollar in previous session

Read more at: http://www.moneycontrol.com/news/rupee/rupeeopensmarginallyhigherat669perdollar_4597621.html?utm_source=ref_article

BRENT CRUDE

 Brent Crude was down 33 cents at $38.12. The contract settled up 53 cents at $38.45 a barrel on Tuesday, closing higher for the first in eight days.

www.ripplesadvisory.com 

9039089370

 

PLATINIM

Platinum was up 0.5 percent at $856.20 an ounce, while palladium was up 3.1 percent at $561.48 an ounce.

www.ripplesadvisory.com 9039089370

 

Spot Gold

Spot gold rose 0.5 percent to USD 1,065.60 an ounce by 0322 GMT, after closing lower in the last two sessions U.S. gold futures for February delivery were down $1.60 an ounce at $1,061.80.

www.ripplesadvisory.com 9039089370

 

 

Spot gold rose 0.5 percent to USD 1,065.60 an ounce by 0322 GMT, after closing lower in the last two sessions.

Read more at: http://www.moneycontrol.com/news/commodities/gold-edgesaheadfed-rate-hike-decision_4598001.html?utm_source=ref_article
Spot gold rose 0.5 percent to USD 1,065.60 an ounce by 0322 GMT, after closing lower in the last two sessions.

Read more at: http://www.moneycontrol.com/news/commodities/gold-edgesaheadfed-rate-hike-decision_4598001.html?utm_source=ref_article

Tuesday 15 December 2015

OIL PRICES

Oil prices have fallen by two-thirds since mid-2014 to trade near 11-year lows below USD 40 a barrel and most analysts don't expect them to regain the USD 100 mark until 2017 or later, arguing that producers will continue to pump out more crude than is demanded.  

www.ripplesadvisory.com 9039089370

 

BRENT CRUDE

Brent crude, the global benchmark, traded up 60 cents at $38.52 a barrel at 1117 GMT (6.17 a.m. EDT), after touching an intra-day high of $38.95. U.S. crude was trading at $36.82, up 51 cents.

www.ripplesadvisory.com 9039089370

PLATINUM

Platinum was up 1.2 percent at $858.90 an ounce, while palladium was up 1.9 percent at $554.90 an ounce.

www.ripplesadvisory.com 9039089370

 

COPPER

Three-month copper on the London Metal Exchange climbed 0.1 percent to $4,677 a tonne by 0139 GMT, paring 0.6 percent losses from the previous session.

www.ripplesadvisory.com 9039089370

U.S. CRUDE

U.S. crude was up 3 cents to $36.34, after falling slightly earlier. On Monday it rose for the first time in seven days, adding 1.94 percent to $36.31, after also briefly flirting with 11-year lows. 

www.ripplesadvisory.com

9039089370

Silver

Among other precious metals, silver XAG= extended losses to a seventh day, dipping to USD 13.66 an ounce. It had dropped to USD 13.60 on Monday, its lowest since August 2009  

www.ripplesadvisory.com

Spot Gold

Spot gold had ticked up 0.2 percent to USD 1,064.20 an ounce by 0346 GMT, after a 1.1-percent slide on Monday. The price is only about USD 20 short of a near six-year low of USD 1,045.85 reached earlier this month. 

www.ripplesadvisory.com

Comex And Spot Changes

Spot gold 1064.2 1.6 0.15
Spot silver 13.66 -0.044 -0.32
Spot platinum 846 -2.65 -0.31
Comex gold 1063.6 0.2 0.02
Comex silver 13.69 -0.005 -0.04
 www.ripplesadvisory.com 9039089370

Crude Oil

Crude oil prices have tanked to seven-year lows: US WTI oil is down around USD 36 a barrel currently while Brent crude is around USD 38 a barrel. The slump in energy prices has also rocked stock markets and raised doubts over the ability of energy companies to roll over their debt.  

 www.ripplesadvisory.com 9039089370

 

Crude oil prices have tanked to seven-year lows: US WTI oil is down around USD 36 a barrel currently while Brent crude is around USD 38 a barrel. The slump in energy prices has also rocked stock markets and raised doubts over the ability of energy companies to roll over their debt.

Read more at: http://www.moneycontrol.com/news/commodities/opec-may-cut-oil-production2017-analyst_4578021.html?utm_source=ref_article

RUPEES

The Indian rupee bounced back on Tuesday morning after hitting lowest closing level since September 3, 2013 in previous session. The currency has opened at 67.03 a dollar against 67.09 per dollar on Monday. 

www.ripplesadvisory.com

The Indian rupee bounced back on Tuesday morning after hitting lowest closing level since September 3, 2013 in previous session. The currency has opened at 67.03 a dollar against 67.09 per dollar on Monday.

Read more at: http://www.moneycontrol.com/news/rupee/rupeereboundsopensmarginallyhigherat670336_4577921.html?utm_source=ref_article

Monday 14 December 2015

Aluminium

Aluminium dipped 0.2 percent to $1,479 a tonne. china's aluminum smelters on Friday pledged to shut more production this month and not to add any new capacity in 2016, as the industry pushes to shore up plunging prices for the metal.

www.ripplesadvisory.com 9039089370

Copper

Three-month copper on the London Metal Exchange slid 0.9 percent to $4,663.50 a tonne by 1130 GMT, eroding 2.5-percent gains from the previous session when it struck its highest since late November at $4,736.50.

www.ripplesadvisory.com 9039089370

 

MCX Price

Gold

Open   25,606.00

High   25,623.00

Low   25,387.00 

 Silver

Open   33,917.00

High   33,950.00

Low   33,500.00

 Crude Oil

Open   2,388.00

High   2,390.00