Page 27 - Commodity Research News Today

Join executives from QatarEnergy, Anglo American, Capricorn Energy PLC and Bank of America as event covers current energy market trends and outlookLONDON/HOUSTON/SINGAPORE, Sept. 12, 2022 (GLOBE NEWSWIRE)

The recession 'playbook' may not work on the oil sector this time.

India, the third-largest oil importer in the world, gains from a decrease in prices since it lowers imported inflation.

United States cuts the number of operational rigs as crude oil price declines

While, in the domestic market, gold in the spot market will plunge to Rs 49,500 per 10 grams in the coming days unless sustains above Rs 52,200 per 10 grams , analyst said.

Gold rate was flat today after a sharp fall over the last two days.

Stock Market India: Equity benchmarks opened higher even as Asian shares struggled for direction early on Tuesday, weighed by worries over global growth following weak China data that knocked oil prices and commodity-linked currencies.

Here are the indicative price of 22 Carat Gold Today, 04 August 2022, in major Indian cities (except GST, TCS, and other levies):   

Precious metals-related exchange traded funds surged Thursday as traders looked to hedge against lingering geopolitical tensions and turned to hard assets with U.S. Treasury yields slipping.

“Over the past weeks many analysts discussed whether the FOMC will hike its key rate (the target range for the Fed funds rate) by 75bp or 100bp. 100bp