Commodities - Angel One

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 …

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 …

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 …

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 …

Narrowing Backwardation and Declining Bets on Oil Prices Oil prices have exhibited a declining trend, influenced by market metrics pointing to a weaker outlook despite geopolitical tensions and the upcoming OPEC+ meeting on supply. Brent crude’s prompt spread has narrowed to its smallest backwardation (backwardation is a market condition where the current price of a …

Copper Prices Soar Amid Market Optimism and Supply Concerns The red metal has surged in recent weeks, driven by optimism over lower interest rates and stimulus measures from top importer China. Bets on tighter supplies due to refiner cuts in China and stricter sanctions on Russian metal exports have further fueled copper buying Short Squeeze …

Record-High Prices Thanks to a recent surge in value, the timeless allure of gold is once again capturing the attention of investors. After hovering near USD 2,300 an ounce earlier this month, gold prices have been climbing steadily over the last few days, now trading around USD 2,419 per ounce as of May 21, 2024. …

You’ve probably heard the old saying, “Buy stocks for the good times, buy gold for the bad times.” It’s a classic strategy many investors follow. But the current market scenario is tossing this old advice up in the air. Right now, everything from stocks and bonds to real estate and precious metals like gold and …

The gold market has ignited a powerful rally in 2024, signaling the dawn of a new era with the potential for sustained price increases. This surge, characterized by a relentless climb, has finally shattered the long-standing pivot at $2,075. While this pivotal level has been a topic of discussion among experts and analysts for years, …