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Nickel futures slide on muted demand

YAHOO! - 3/30/2020 6:51:00 AM
Nickel prices on Monday fell 0.84 per cent to Rs 859.10 per kg in futures trade after participants offloaded their positions amid weak demand at spot market.

MCX-Nickel dips below a key support

Business Line - 3/18/2020 2:54:00 PM
The March futures contract of Nickel on the Multi Commodity Exchange (MCX) has been declining for the past one week after facing the resistance at 50-day moving average price near ₹970. The contract remains below 21- and 50-day moving averages, which is a pointer to bearish outlook. The contract has slipped below the support at ₹900 and ...

Nickel futures rise on fresh bets

Business Insider India - 3/27/2020 10:01:00 AM
New Delhi, Mar 27 () Nickel prices on Friday gained 0.64 per cent to Rs 865.50 per kg in futures trade as speculators built positions on rising demand from alloy-makers at spot market.On the Multi Commodity Exchange, nickel contracts for April delivery gained Rs 5.50, or 0.64 per cent, to Rs 865.50 per kg in a business turnover of 1,602 lots ...

MCX Nickel under fresh buying; Support seen at 860

Commodity Online - 3/30/2020 7:52:00 AM
Technically Nickel market is under fresh buying as market has witnessed gain in open interest by 11.41% to settled at 791 while prices up 6.4 rupees. Now MCX Nickel is getting support at 860 and below same could see a test of 853.5 levels, and resistance is now likely to be seen at 870.5, a move above could see prices testing 874.5. Nickel ...

Fitch lowers commodity price assumptions due to COVID-19

Miningreview - 3/24/2020 6:37:00 AM
We have cut nickel price assumptions for 2020 on lower demand growth and increased nickel inventories ... Gold prices are significantly influenced by investment flows and central banks' purchases and sales as well as commodity market supply and demand. Prices tend to increase in periods of financial market uncertainty, so we have raised ...

5 on-trend commodities you need be trading in

YAHOO! - 3/19/2020 3:57:00 AM
Nickel By 2030 it’s expected that nearly 20 million electric vehicles ... natural disasters or interest rates can all have a bearing on the price of gold. Coffee Widely believed to be the second most traded commodity after oil, it’s estimated there are over 2.25 billion cups of coffee drunk every day throughout the world.

Barry FitzGerald: Nickel explorers firmly on investors’ radars after uncovering potentially big finds

Stockhead on MSN.com - 3/29/2020 9:08:48 AM
Nickel exploration has emerged as a bright spot among the coronavirus-induced gloom thanks to a number of exciting drilling results ... Read More The post : Nickel explorers firmly on investors’ radars after uncovering potentially big finds appeared first on Stockhead.

Gas prices could soon drop to 99 cents a gallon in parts of the Midwest

MarketWatch - 3/23/2020 6:59:00 PM
Even as many Americans are increasingly seeing gas prices at the pump under $2 a gallon, the drop could soon steepen. That’s particularly true in the Great Lakes region, where prices could soon be 99 cents a gallon at hundreds of gas stations.

Nickel futures slip on muted demand

Business Insider India - 3/26/2020 8:39:00 AM
New Delhi, Mar 26 () Nickel prices on Thursday fell 0.66 per cent to Rs 855 per kg in futures trade after participants offloaded their positions amid weak demand at spot market. On the Multi Commodity Exchange, nickel contracts for March delivery traded down by Rs 5.70, or 0.66 per cent, to Rs 855 per kg with a business turnover of 5 lots.

Nickel futures slip on soft demand

YAHOO! - 3/19/2020 7:14:00 AM
Nickel prices on Thursday fell 0.49 per cent to Rs 853 per kg in futures trade after participants trimmed their positions amid weak demand at spot market. On the Multi Commodity Exchange, nickel contracts for March delivery ease by Rs 4.