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January 27, 2021
Gold prices held steady on Wednesday. Spot gold was little changed at $1,849.76 per ounce. US gold futures eased 0.1 per cent to $1,848.60.
January 27, 2021
Five green energy trends topping miners’ agendas in 2021 – report An example of a mine haul truck that will be converted to run on hydrogen. Credit: Anglo American Plc. 2020 was the year that climate change became a dominant force for commodities as top mining companies and governments made ambitious net-zero commitments, Wood Mackenzie notes in its latest report. Renewables grew in importance in some oil and gas companies’ portfolios and as a power source for mining. Carbon pricing acce...
January 27, 2021
Good Morning! Canadians are among the most climate-conscious in the world, heavily advocating for clean jobs and for treating the climate crisis as an emergency, according to a new poll. A massive new survey of 1.2 million people by the United Nations Development Program across 50 countries, noted that 64 per cent of those surveyed believe climate change was a global climate emergency — remarkable given that the survey was conducted during the COVID-19 crisis. “Of the people that said clima...
January 25, 2021
Gold prices rose on Monday, recovering from a sharp decline in the previous session, as investors hoped that a massive economic stimulus would be passed soon in the United States to revive the worlds largest economy.
January 22, 2021
Gold price today: Yellow metal trades lower, buy for a target of Rs 49,750 Investors can use the dip towards Rs 49,100 to buy for a target of Rs 49,750 per 10 gm, say experts. Weakness in the dollar index is likely to support safe-haven prices. January 22, 2021 / 09:32 AM IST The bullion metal lost Rs 2,562, or 4.68 percent, for the week on MCX as investors booked profit (Image courtesy: Reuters) Gold was trading lower in the Indian market on January 22, tracking muted trend in internation...
January 21, 2021
Gold eased from a two-week high on Thursday as investors booked profits after prices jumped in the previous session on hopes of a massive US stimulus package under the new Joe Biden administration.
January 21, 2021
Crude oil futures drop 1% to Rs 3,871 per barrel on weak demand, rise in US inventory In the futures market, crude oil for February delivery touched an intraday high of Rs 3,896 and an intraday low of Rs 3,864 per barrel on MCX. Source: Reuters Crude oil futures edged lower to Rs 3,871 per barrel on January 21 as participants increased their short position as seen by the open interest. The crude oil price had gained 0.5 percent yesterday on the NYMEX. Crude oil prices extended decline after a ...
January 21, 2021
Gold Rates Today: Domestic spot gold closed at Rs 49,659 per 10 grams on Thursday Gold Price in India: In the national capital, spot gold rates jumped Rs 575 to Rs 49,125 per 10 gm amid a firm global market trend, according to HDFC Securities. Silver prices were up by Rs 1,227 to Rs 66,699 per kg, as compared to the previous close of Rs 65,472. Multi Commodity Exchange (MCX) gold futures, due for a February 5 delivery, were last seen trading higher by 0.12 per cent - at Rs 49,595.00, havin...
January 19, 2021
Gold prices rose on Tuesday, off a 1-1/2-month low hit in the previous session, as the dollar slipped and hopes for further global stimulus underpinned the safe-haven metal.
January 18, 2021
Gold prices dropped to their lowest in 1-1/2 months on Monday. Spot gold fell 0.3 per cent to $1,820.46 per ounce by 0048 GMT, having fallen to their lowest since Dec. 2, 2020 at $1,809.90 earlier in the session.