Daily Commodity Pointer
03rd February 2026

Tracking Market
Feb 2 2026 ClosePrevCloseAbsChange
Re/$91.2591.64-0.39
Euro / $1.17901.1848-0.0058
Light Sweet62.1465.21-3.07
Gold $ / OZ-4652.604745.10-92.50
Silver $ / OZ-77.0178.53-1.52
$ / Yen155.59154.750.84

On Feb 3 2026
Events ETISTForecastPrev
JOLTS Job OpeningsTentativeTentative7.23M7.15M

CallTracker
Commodity LTPT1T2SLMarginTick
CRUDEOIL56505580555057002047121


  Pivot Point - Non-Agri


  
Energy
US Natural Gas Prices on Track for Biggest Loss in 29 Years
US natural gas futures plunged in early trading as weather forecasts for mid-February shifted significantly warmer, putting front-month contract on track for the largest daily loss on a percentage basis since 1996, excluding contract rollover days.
Bullions
Gold Slump Eases as Traders Weigh Unwinding of ?Crowded? Bets
Precious metals clawed back some losses after another heavy selloff in Asian trading hours, as traders took stock of the abrupt unwinding of a record-breaking rally.
Currency
Dollar holds gains on economic data, Fed bets
The dollar held gains on Tuesday as positive economic readings and shifting expectations for Federal Reserve policy outweighed concerns about another U.S. government shutdown.
Base Metals
Chinese Copper Plants Buy the Dip After Weeks Out of Market
Chinese copper fabricators and manufacturers are buying the dip to replenish stocks ahead of this month?s holiday, after a price surge driven by speculative trading in Shanghai kept them away from real-world purchases for weeks.
Activate Commodity
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 815.88 crores, whereas MCX recorded a total traded turnover of Rs. 502,025.59 Crores on 02nd February 2026.
Ventura Securities Ltd.
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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.