By Administrator_India Capital Sands The beatings were so severe and seemingly endless that people thought they would never stop. But halt they have, and gold has risen meaningfully for the first time in over a month. Gold for February delivery on New York’s Comex settled Tuesday’s trade up $38, or 2.1%, at $1,818.90 an ounce. It […]
By Administrator_India Capital Sands A dollar at four-month lows helped gold prices tick up to nine-year highs on Wednesday morning in Asia. Gold futures were up by 0.80% to $1,858.60. Gold is at nine-year highs, rising to levels it has not hit since September 2011. Investors seem to be looking for a safe haven […]
By Administrator_India Capital Sands Oil prices rose on Thursday after U.S. inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as the coronavirus pandemic crushes fuel demand. Brent crude was up by 12 cents, or 0.4%, to $29.84 per barrel, after falling […]
By Administrator_India Capital Sands Oil prices jumped on Friday, extending the previous session’s gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic. Brent crude for July delivery, which started trading on Friday as […]
By Administrator_India Capital Sands Oil rose on Thursday, spurred by rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more government stimulus to ease the economic pain of the new coronavirus pandemic. Brent crude was up $1.78, or 8.7%, at $22.15 a barrel by 0940 GMT. […]
By Administrator_India Capital Sands Gold prices in Asia rose on Wednesday morning in Asia as stocks took a hit from the sharp drop in oil prices. Gold futures were up by 1.11% at $1,706.60 by 11:17 PM ET (4:17 GMT), as Asian stocks reported losses for a second day in response to oil futures tumbling in the previous session. The yellow metal is seeing its prices restore […]
By Administrator_India Capital Sands Falling oil prices on Monday showed that oil producers still have a mountain to climb despite record output cuts in an effort to restore market balance as the coronavirus pandemic shreds demand and sends stockpiles soaring, industry watchers said. A day after the Organization of the Petroleum Exporting Countries and allies […]
