- Natural Gas futures slid during noon trade in the domestic market on Tuesday as a stellar rally in the previous session when prices surged by more than 4.5 per cent as forecasts for cold weather across parts of the US over the next two weeks bolstered the demand outlook for the heating fuel paved way for profit booking in the energy commodity by investors and speculators at existing levels.
- Gold prices fell by 0.19 per cent on Tuesday on profit taking as investors looked ahead to the views on US interest rates this week.Investors await an appearance by Federal Reserve chair Janet Yellen before the House Financial Services Committee on Wednesday for further indications on the pace of tightening over the next several months.
- Crude oil prices fell by 0.05 per cent on Tuesday after a meeting between oil ministers from Saudi Arabia and Venezuela over the weekend reportedly accomplished little headway toward reaching an agreement that could curtail near-record high production by OPEC.At the MCX crude oil futures for February 2016 contract were trading at Rs. 2049 per barrel down by 0.05 per cent after opening at Rs. 2057 against the previous closing price of Rs. 2048. It touched the intra-day low of Rs. 2045 till the trading.
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