Motilal Oswal Financial Services Limited

Welcome to our in-depth market analysis for June 2024! In this video, we cover the latest trends and movements in precious metals, crude oil, copper, and zinc markets. ✅ Precious Metals: After early-year gains, gold and silver prices faced challenges in June. ✅ Crude Oil: Crude oil posted a ~5% gain in June 2024, driven by OPEC+ output cuts and market optimism. ✅ Copper: Copper prices saw a significant decline in June, erasing earlier gains. ✅ Zinc: Zinc prices corrected from recent highs amid tightening raw materials and increased LME stocks. Stay updated with our comprehensive market insights and analysis. #MarketUpdate #PreciousMetals #CrudeOil #Copper #Zinc #MotilalOswal #MarketUpdate #PreciousMetals #CrudeOil #Copper #Zinc #MotilalOswal

Copper rose to $7,034 a metric ton, the highest level since June 2018, on London Metal Exchange on Wednesday, on optimism around a U.S. stimulus package and concerns about supply disruptions due to labour disputes at Chilean mines. Aluminium Price surged to $1843/MT on LME over 1-year high. The rising base metal price will be positive for Hindalco, Vedanta, Hind Zinc and Nalco. Among the ferrous stocks like Tata Steel, JSW Steel, Jindal Steel and NMDC will be positive. #MOMarketUpdates #MotilalOswal #IndianStockMarket #basemetal #Copper #Aluminium #Nifty #sensex