Page 46 - Commodity Research News Today

Oil Extends Gains on Expectations for Shrinking U.S. Supplies Bloomberg 1/12/2021 Andres Guerra Luz (Bloomberg) -- Oil advanced after settling at a fresh 10-month high, with an industry report showing U.S. crude inventories fell by more than expected. Futures rose further above $53 a barrel after the American Petroleum Institute was said to report that domestic crude stockpiles fell by 5.82 million barrels last week. Inventories are expected to decline by 3 million barrels, ac...

Gold prices touched a near six-week low on Monday, extending losses from the previous session, as a stronger dollar and higher US Treasury yields pressured the non-yielding bullion.

Analysts expect gold to find support at lower levels.Gold prices have been under pressure with recovery in US long term bond yields

Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus.

Oil Edges Higher Alongside Equities With Stimulus Hopes Growing Bloomberg 1/7/2021 Andres Guerra Luz and Alex Longley (Bloomberg) -- Oil gained for a third day as a Democratic sweep in the U.S. stoked optimism around the prospect of more fiscal stimulus under the incoming Joe Biden administration. The slight rise of less than 1% on Thursday left futures in New York at their highest since late February. Prices tracked a move higher in equities as Democrats are poised to take co...

Gold was little changed in choppy trading on Wednesday, as markets awaited the outcome of the US Senate runoff elections in Georgia that will likely shape fiscal policy in the President-elect Joe Biden administration.

Gold price today: Yellow metal trades in the green; March Silver futures jump nearly 3% At MCX, Gold has support at 49800-49660 and resistance is placed at 50330-50550 levels. Silver has support at 66600-65800 and resistance is placed at 68100-69000 levels. We suggest buying on the dip. December 28, 2020 / 10:05 AM IST India Gold MCX February futures rallied nearly 1 percent on Monday tracking positive trends seen in the international spot prices as U.S. President Donald Trump had signed a l...

Gold prices surge close to Rs 50,000 per 10 gram on weak dollar, silver climbs Rs 696 a kg The gold/silver ratio, which refers to the amount of silver required to buy one ounce of gold, was at 75.21 to 1 Mumbai / December 24, 2020 / 06:40 PM IST Gold prices rose Rs 144 to Rs 49,995 per 10 gram in the Mumbai retail market on a softer dollar and positive global cues. The precious metal gained on optimism surrounding the US stimulus but the upside was capped by strength in the rupee. The rate o...

Crude oil futures slip 0.6% to Rs 3,545 per barrel, support seen at Rs 3,520 In the futures market, crude oil for January delivery touched an intraday high of Rs 3,590 and an intraday low of Rs 3,528 per barrel on MCX. Mumbai / December 24, 2020 / 04:18 PM IST Crude oil futures edged lower to Rs 3,545 per barrel on December 24. Crude oil prices declined after a gap up open and turned into negative territory to day’s low in the afternoon session. The US Energy Information Administration (E...

Gold price today: Yellow metal trades higher, silver up nearly 3% Experts are of the view that gold and silver prices are likely to remain firm and investors should use the dips to buy into the precious metals. Gold has support at Rs 50,100, while resistance is placed at Rs 50,800. gold Gold was trading higher in India on December 21, tracking a positive trend seen in international spot prices as investors cheered news that a US fiscal stimulus deal was within reach. Silver, too, was up about ...