Category Archives: Commodity

What’s making gold sparkle this time?

Comex Gold chart reveals that the price has formed an ‘Inverted Head and Shoulder pattern’. The price has broken the neckline on a monthly basis and can be expected to march north towards around 1670/1680 dollars in the coming months.

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How’s the josh of the South West monsoon looking?

El Nino, Monsoon

The Indian Ocean Dipole (IOD) is the Indian Ocean’s counterpart of the Pacific El Niño and La Niña. The term Dipole means two “poles” or two areas of differences. And by that logic, the IOD measures differences in Sea Surface Temperature (SSTs) between the Arabian Sea (western pole) and the Eastern Indian Ocean south of Indonesia (eastern pole).

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El Nino and the Fate of Agri Commodity Prices

The confluence of monetary stimulus, higher MSPs and the El Nino effect, conditional on its impact, may drive agri-commodity prices upwards.

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SEBI’s Commodity Market Makeover makes it Deeper, Wider, Safer

commodity trading,commodity,,commodity prices

SEBI’s vision for the long run appears to be to pave the way for Indian commodity markets to become price-setters for at least some global commodities.

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