Page 87 - Ommodities News Today

Western Texas Intermediate (WTI) snaps a three-day winning session, trading lower near $77.70 per barrel during the Asian session on Wednesday.

Gold price is trying hard to sustain the previous bullish momentum early Wednesday, trading around the $2,000 barrier, awaiting a fresh batch of key US economic data releases for fresh hints on the US Federal Reserve’s (Fed) interest rate outlook.

According to Geojit, The area under rabi crops in Karnataka fell 20.4% on year, but rose 12.8% on week, at 1.57 mln ha in the current season as of Saturday, according to a release by the state agriculture department.

Oil prices are falling like a rock at the US trading session as markets are repricing recent string of events. The recent repricing is granted after a ceasefire between Israel and Palestine and the overnight

Gold price (XAU/USD) builds on the overnight bounce from the $1,966-1,965 area and gains strong positive traction during the Asian session on Tuesday.

Asia investors are pouring their morning coffees to another solid advance on Wall Street, helped along by a solid 20-year bond sale, a notable tech stock rally and a record high for Microsoft after CEO Satya Nadella announced that OpenAI chief Sam Altman is set to join the company to lead a new advanced AI research team.

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.50 so far on Tuesday.

Silver (XAG/USD) regains positive traction on Tuesday to reverse the previous day's losses and maintains its bid tone through the first half of the European session.

Dollar weakens as investors expect US Federal Reserve to cut interest rates next year

IREDA IPO to open for subscription, ONGC, Coal India among ex-dividend stocks in Top News on November 21: Stock market, Nifty outlook, Q2 Results, e-Sprinto to unveil Rapo, Roamy E-scooters in focus.