Commodity Market News

Gold rate today: Yellow metal holds Rs 53,000 on MCX; silver trades flat

Gold prices ticked up on Wednesday before trading flat, aided by a dip in the US dollar. Investors will now focus on Federal Reserve Chair Jerome Powell’s speech for insights into the US central bank’s monetary policy path. Powell’s speech at a Brookings Institution event, scheduled for 18.30 GMT, will be evaluated for any new …

Gold rate today: Yellow metal holds Rs 53,000 on MCX; silver trades flat Read More »

Oil up as U.S. crude stocks seen falling, OPEC+ concerns limit gains

Oil prices rose in early Asian trade on Wednesday as U.S. crude inventories were seen falling, but concerns that OPEC+ would leave output policy unchanged at its upcoming meeting limited gains. Brent crude futures were up 65 cents or 0.8% at $83.68 per barrel by 0132 GMT, while U.S. West Texas Intermediate (WTI) crude futures …

Oil up as U.S. crude stocks seen falling, OPEC+ concerns limit gains Read More »

Gold prices down by Rs 100, trading at Rs 48,460; silver unchanged

Gold prices dropped by Rs 100 per 10 gram in Wednesday’s early trade, while silver rates remained unchanged. Ten grams of 24-carat gold was selling at Rs 52,880 today, meanwhile, silver was selling at Rs 61,400 per kg. Ten grams of 22-carat gold was trading at Rs 48,460 today morning, according to the GoodReturns website. …

Gold prices down by Rs 100, trading at Rs 48,460; silver unchanged Read More »

Refiners in China, India, Turkey to absorb more of affected Russian oil

Even as the G7 price cap and EU sanctions inch closer, S&P Global Commodity Insights said on Tuesday that there are growing signs that the curb poses “little threat” to Russian oil revenues, as refiners in China, India, and Turkey are expected to absorb more of the affected oil. The value of Russia’s key crude …

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Gold rate today: Yellow metal slips below Rs 53,000 on MCX; silver posts sharp gains

New Delhi: Gold prices ticked up on Tuesday, helped by a softer dollar, while market participants awaited more clarity on the U.S. Federal Reserve’s rate hike stance. Gold futures on were trading higher by 0.20% or Rs 105 at Rs 52,908 per 10 grams. Similarly, silver futures jumped 0.72% or Rs 447 at Rs 62,831 …

Gold rate today: Yellow metal slips below Rs 53,000 on MCX; silver posts sharp gains Read More »

Gold prices unchanged today; silver falls by Rs 400, trading at Rs 61,400

Gold prices were unchanged in Tuesday’s early trade while silver rates dropped by Rs 400 per kg. Ten grams of 24-carat gold is selling at Rs 52,980 today, meanwhile, silver is trading at Rs 61,400 per kg. Ten grams of 22-carat gold is trading at Rs 48,560 today, according to the GoodReturns website. …

Gold prices unchanged today; silver falls by Rs 400, trading at Rs 61,400 Read More »

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