Silver is one of the most famous precious metals like gold though it’s unusual properties makes it very different. Today, silver is sought as a valuable and practical industrial commodity, as well as an appealing investment precious metal. Although silver is relatively scarce, it is the most plentiful and least expensive of the precious metals.The largest silver producing...
A quarterly event in US markets that occurs when the contracts for stock index futures, stock market index options and stock options all expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December. The simultaneous expirations generally increase the trading volume of options, futures and the underlying stocks by hedge strategists, arbitrageurs,...
Heating oil, or oil heat is a low viscosity, flammable liquid petroleum product used to fuel building furnaces or boilers. It produces 138,500 British thermal units (146,100 kJ) per gallon and weighs 7.2 pounds (3.3 kg) per imperial gallon (0.72 kg/l), which is about the same heat per unit mass as the somewhat less dense diesel fuel. It is refined from crude oil, and therefore follows crude’s price trends. When...
Gur or Jaggery is a typical Indian product with several uses in daily food preparations. It is unrefined sugar that has been made from sugar cane juice and is popular throughout southern and Southeast Asia. At present jaggery being produced in India has no set of any standards and at the time of manufacturing, no chemicals are added, it is pure natural. Production of gur is cheap and simple as compared to sugar...
LME Warehouse has most important place in the base metal trading. It gives the indication about the stock position of the base metal in the warehouses. The inventories in the warehouses impact the prices of the base metal in the market. Inventories have a negative correlation with the prices of base metal. When the inventories increase in the warehouses then the prices of base metal decline in the market and vice...