With technology upgrades and the launch of a new platform in 2023, followed by the introduction of new products, the Multi Commodity Exchange of India Ltd. solidifies its position as the leading commodity derivatives exchange in India. MCX business MCX is India’s first commodity exchange to introduce options and futures contracts on bullion, base metals, and energy indices. Future growth …
Nov 22 - Base metal prices mostly traded lower on Friday, pressured by a stronger dollar and risk-averse sentiment due to the escalating conflict in the Ukraine-Russia war. Three-month copper on the London Metal Exchange eased 0.1% to $8,999 per metric ton by 0334 GMT, while the most-traded December copper contract on the Shanghai Futures Exchange fell 0.9% to 73,800 …
Samvat 2080: Gold prices are expected to rally further while silver may continue its outperformance over the yellow metal in the new Samvat year 2080, said Jigar Trivedi, Senior Research Analyst - Currencies & Commodities, Reliance Securities. In the commodities market, Trivedi believes the fundamentals for precious metals like gold and silver are positive, while demand concerns may loom over …
Vedanta news: Vedanta Ltd has incorporated its base metals unit Vedanta Base Metals Ltd with an authorised share capital of ₹1 lakh, the company said in an exchange filing today. Under the terms of the Companies Act, 2013, Vedanta Base Metals Ltd was established as a public company on October 09, 2023. Vedanta demerger The current business will be divided …