Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA as well as a deluge of potentially influential economic data due this week. By 04:35 ET (09:35 GMT), U.S. crude futures traded 0.7% lower at $79.55 a barrel, while the Brent contract […]
The price of gold jumped by Rs 100 per 10 gramme on Tuesday, with 24-carat gold retailing at Rs 51,430. On Tuesday, the price of silver climbed by Rs 700 per kilogramme, to Rs 62,100 per kg. The price of 10 grammes of 22-carat gold increased by Rs 100 from the previous day’s rate, with […]
On Monday, the price of 10 grammes of 24-carat gold fell by Rs 10 to Rs 53,440, while the price of 1 kilogramme of silver rose by Rs 100 to Rs 66,700. The price of 10 grammes of 24-carat gold in Delhi and Mumbai is the same as it is in Bengaluru, Hyderabad, and Kolkata, […]
Gold prices fell on March 9 in the international markets weighed down by a stronger dollar and rising US Treasury yields, while palladium gained on supply worries as western countries ramped up sanctions against Russia over its invasion of Ukraine. At 9.43 am, gold contracts jumped 1.37 percent at Rs 54,965 for 10 grams on […]
By Administrator_India Capital Sands Commodities have witnessed a directionless week as market players continued to assess Fed’s monetary policy stance, virus situation as well as health of Chinese economy. Such directionless trade may continue in the near term with no clear cues. COMEX gold tested March low earlier this week but bounced back sharply and […]
By Administrator_India Capital Sands Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand. Brent crude futures were down 89 cents, or 2.2%, at $40.07 a barrel […]
By Administrator_India Capital Sands Gold was up on Asia on Friday morning, continuing its gains of around 2% from the previous session. Gold futures were up by 0.07% at $1,726.95, clawing back its slide of 0.2% earlier in the session. Investors sought the safe-haven yellow metal after the U.S. said on Thursday that 3.169 million Americans claimed unemployment last week. The country now has an unemployment rate of […]
By Administrator_India Capital Sands Oil prices climbed on Wednesday, trimming some of this week’s steep losses after U.S. stockpiles rose less than expected and hopes grew for demand to pick up as some European countries and U.S. cities moved to ease coronavirus lockdowns. U.S. West Texas Intermediate (WTI) crude futures jumped to a high […]
By Administrator_India Capital Sands Gold was up in Asia on Monday morning, boosted by continuous economic stimuli to combat the COVID-19 pandemics economic woes. Gold futures were up by 0.23% at $1,739.60 as it reversed its earlier slip. The yellow metal’s previous session saw falls as investors cautiously cash out of their positions in the yellow metal as Asian stocks recorded gains. “Gold is holding well near highs of […]
By Administrator_India Capital Sands Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand. Brent crude was up 69 cents, or 2.5%, at $28.38 […]
