Daily Commodity Pointer
02nd February 2026
Tracking Market
Jan 31 2026 ClosePrevCloseAbsChange
Re/$91.6491.75-0.11
Euro / $1.18511.1970-0.0119
Light Sweet65.2165.42-0.21
Gold $ / OZ-4745.005654.80-909.80
Silver $ / OZ-78.53114.43-35.90
$ / Yen154.75153.071.68

On Feb 2 2026
Events ETISTForecastPrev
ISM Manufacturing PMI10.0020.3048.547.9
ISM Manufacturing Prices10.0020.3059.358.5

CallTracker
Commodity LTPT1T2SLMarginTick
CRUDEOIL60005900585060602047121


  Pivot Point - Non-Agri


  
Energy
Oil prices slide over 3% on US-Iran talks; OPEC+ holds production
Oil prices fell sharply in Asian trade on Monday after reports of talks between the U.S. and Iran drove some risk premium out of crude prices, with traders also locking in recent profits.
Bullions
Gold prices steady after precious metal wipeout on Warsh Fed nomination
Gold prices steadied in early Asian trade on Monday after precious metal markets clocked dire losses last week on a mix of profit-taking, uncertainty over U.S. monetary policy and a recovery in the dollar.
Currency
Asia FX muted after dollar rises on Fed nomination; yen falls on Takaichi comments
Most Asian currencies moved in a tight range on Monday, while the dollar firmed as markets digested U.S. President Donald Trump?s nomination for the next chair of the Federal Reserve.
Base Metals
Copper Extends Losses in Broad Metal Selloff
Copper fell nearly 2% toward $5.8 per pound on Monday, extending sharp losses from the previous session as the broader metals selloff continued for a second day.The red metal is now down more than 11% from last week?s all-time high.
Activate Commodity
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 477.35 crores, whereas MCX recorded a total traded turnover of Rs. 151,872.00 Crores on 01st February 2026.
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