Page 39 - Commodity Research News Today

Domestic spot gold closed at Rs 44,516 per 10 grams on Friday, and silver at Rs 65,128 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).  In the international market, gold was trading lower at $1,696 per ounce and silver was down at $ 25.20 an ounce. Meanwhile, the rupee declined by 19 paise to close at 73.02 against the dollar due to stronger American currency and risk aversion in global markets. Brent crude ...

Oil soars above US$66 with Saudi supply gamble buoying crude bulls Saket Sundria and Alex Longley, Bloomberg News Saudi oil minister says days of drill, baby, drill are over VIDEO SIGN OUT Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from the pandemic-driven slump. U.S. benchmark crude futures topped US$66 a barrel on Friday, while its global counterpart Brent edged c...

Gold Price In India Today: Domestic spot gold closed at ₹ 46,637 per 10 grams on Thursday, and silver at ₹ 70,179 per kilogram - both rates excluding GST

Gold futures on MCX were up 0.19 per cent or Rs 90 at Rs 46,287 per 10 grams. Silver futures rose 0.56 per cent or Rs 388 to Rs 69,400 per kg.

Gold prices fell to their lowest in more than seven months on Friday, on course for their worst week since the end of November, as rising US Treasury yields eroded the non-yielding bullions appeal.

Gold recouped some losses on Friday after dropping to its lowest in more than seven months, but stayed on course for its biggest weekly drop since end-November as rising U.S. Treasury yields eroded the appeal of non-yielding bullion. Spot gold was down 0.1% at $1,773 per ounce by 0815 GMT, having touched its lowest since July 2 at $1,759.29 earlier in the session. Prices have clawed back some lost ground after hitting technical support at $1,760, said Hareesh V, head of commodity research at G...

Crude Slides With Texas Oil Wells Seen Restarting Output Bloomberg 2/19/2021 Andres Guerra Luz (Bloomberg) -- Oil fell to the lowest in a week as output slowly resumed in Texas, while margins for processing gasoline surged as Gulf Coast refineries are seen taking weeks to restart operations after the deep freeze. Crude futures in New York plunged $1.28 on Friday, its biggest decline in dollar terms since late December. Producers including Marathon Oil Corp. are using restored ...

Oil fell for a second day as wells slowly restarted in Texas and the White House said it would be willing to meet with Iran, potentially paving the way for more crude exports from the Persian Gulf nation.

Oil fell to the lowest in a week as output slowly resumed in Texas.

Gold Price In India Today: Domestic spot gold closed at Rs 46,439 per 10 grams on Thursday, and silver at Rs 68,700 per kilogram - both rates excluding GST