:: Daily Pointer ::

Daily Commodity Pointer

04th July 2025

Tracking Market

Jul 3 2025	Close	PrevClose	AbsChange
Re/$	85.39	85.53	-0.14
Euro / $	1.1756	1.1798	-0.0042
Light Sweet	67.00	67.45	-0.45
Gold $ / OZ-	3342.90	3359.70	-16.80
Silver $ / OZ-	37.08	36.72	0.36
$ / Yen	144.90	143.63	1.27

On Jul 4 2025

Events	ET	IST	Forecast	Prev
No Major Events	-	-	-	-

CallTracker

Commodity	LTP	T1	T2	SL	Margin	Tick
COPPER	895	902	906	890	208860	0.05

Pivot Point - Non-Agri

Commodity News Wire

Energy

Oil Edges Up on New Iran Sanctions

WTI crude oil futures edged up to $67 per barrel on Friday after the US took fresh steps to restrict the trade of Iranian oil, ratcheting up pressure on Tehran.

Bullions

Gold heads for weekly gain as US tax-cut bill stokes fiscal worries

Gold edged up on Friday, poised for a weekly gain as U.S. President Donald Trump's tax-cut and spending bill passed in Congress, raising fiscal concerns.

Currency

Dollar holds firm against euro, yen as US trade pressure mounts

The dollar held gains on Friday after President Donald Trump got his signature tax cut bill across the final hurdle and pressure mounted on countries to secure trade deals with the United States.

Base Metals

Copper set for weekly gains; potential US tariffs on metal eyed

Copper prices on the London Metal Exchange and Shanghai Futures Exchange were set for a second straight weekly gain on Friday, despite minor fluctuations, while traders looked out for potential U.S. tariffs on copper imports.

Activate Commodity

Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 689.29 crores, whereas MCX recorded a total traded turnover of Rs. 228,673.54 Crores on 03rd July 2025.

Ventura Securities Ltd.
Corporate Office: I-Think Techno Campus, "B" Wing, 8th Floor, Pokhran Road No. 2, Off. Eastern Express Highway, Thane (West) – 400607. Maharashtra.

This report is neither an offer nor a solicitation to purchase or sell commodities. The information and views expressed herein are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in or have positions in the commodities mentioned in their articles. Neither Ventura Securities Limited nor any of the contributors accepts any liability arising out of the above information/articles. Reproduction in whole or in part without written permission is prohibited. This report is for private circulation.