Commodities Analyst News Today

Candidates visiting key Battleground States looking for postdebate momentum with only 52 days to go before the election appeared hello Everyone Welcome to a Brandnew Hour of Fox News live i am arthel Neville Hi eric. Eric hello everyone im Eric Shawn for thank you for joining us for President Trump is focusing on voters out west traveling to california, arizona, and nevada paid this is Vice President harris is stumping in pennsylvania for that is a must when the state for both cannot she give he...

After jumping at geopolitical shadows and overreacting in 2022, the market has been more stoic in 2024 so far, Standard Chartered said.

Taking cues from the international prices, MCX April gold futures were trading at Rs 62,232 per 10 grams, up Rs 83 or 0.13% while the March Silver contracts were trading at Rs 69,340 per kg, higher by Rs 90 or 0.13%.

The April gold futures were trading at Rs 62,150 per 10 grams on the MCX at 10:13 am and were up by Rs 42 or 0.07% from Wednesdays closing price. Meanwhile, the March Silver futures were trading at Rs 70,765 per kg and were higher by Rs 156 or 0.22% around this time.

Is gold still a worthy investment?

Gold futures on the MCX have gained 6% on a year-to-date basis, while silver futures prices have increased by nearly 0.36% in value terms. The August gold futures were trading at Rs 58,275 per 10 grams, while September silver futures were at Rs 70,320 per kg. The upcoming US nonfarm payroll report and the FOMC minutes of the June meeting are expected to impact gold prices. Experts recommend buying gold futures at Rs 58,000 with a stop loss of Rs 57,700 and a target price of Rs 58,500.

Gold prices decreased on Monday as the dollar strengthened, increasing the likelihood of a US Federal Reserve interest rate hike. The Federal Open Market Committee (FOMC) is scheduled to meet later this month, and the dollar index (DXY) reached close to 103 against major currencies. Gold futures on the MCX were trading at Rs 58,092 per 10 grams, down 0.20%, while silver futures were down 0.06% at Rs 69,986 per kg. The decline in gold prices is attributed to expectations of rising interest rates ...

Iraq is the second-biggest gas flarer in the world, but this resource can be harnessed to bolster the country’s energy security. [Gas in Transition, Volume 3, Issue 4]

The report released by Fitch Solutions forecasts the global shortfall at 8.7 million tonnes in 2022-23, which is the highest since the deficit of 18.6 million recorded in 2003-04.

(Updates prices, adds analyst quote) Aug 22 (Reuters) – British and Dutch wholesale gas prices rose sharply on Monday as…