Commodities
Oil prices mixed as coronavirus spike casts shadow over U.S. demand
Mon, Jul 06, 2020
Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while U.S. benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States
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Gold imports plunge to USD 79.14 mn during Apr-May 2020
Fri, Jul 03, 2020
Gold imports, which have a bearing on the current account deficit (CAD), plunged significantly to USD 79.14 million during the first two months of 2020-21 due to a significant fall in demand in the wake of the COVID-19 pandemic, according data from the commerce ministry
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Silver outlook: While gold price glitters, silver shines too
Thu, Jul 02, 2020
While Gold has been moving from strength-to-strength, attaining a new life time high of Rs 48982 on MCX, on Wednesday, silver too has been moving with a good momentum. The bullion attained a 3 week high on Wednesday, senior technical analyst Anuj Gupta said
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Gold price today: At Rs 48,982, yellow metal hits life-time high again; outlook positive
Wed, Jul 01, 2020
Gold price continues to skyrocket! Yellow metal has hit yet another life-time high. The August Gold Futures today attained a life-time high of Rs 48982 on MCX with some correction in the later part of the day. At around 8:05 pm, gold futures were trading at Rs 48161, down by almost 1.2 per cent from the previous close
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Outlook for oil remains positive as lockdown restrictions ease; expert says
Wed, Jul 01, 2020
Crude Oil Outlook: The outlook for crude oil remains positive in the near term as lock down restriction ease across the world, Senior Technical Analyst Anuj Gupta said. He added that inventory situation is improving as the demand for petrol and diesel rise
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Gold price outlook: You just won't believe where yellow metal rate is headed
Fri, Jun 26, 2020
The recent International Monetary Fund (IMF) report, further downgrading the global economic estimates has only strengthened the position of the yellow metal which is traditionally the safe haven for investors
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Gold price in Delhi hits Rs 50,000 per 10 gm, markets in a tizzy
Thu, Jun 25, 2020
As gold prices in Delhi crossed the Rs 50,000 mark for 10 grams, driving this surge is the frenzy in the gold trading markets in London, New York and Switzerland as record demands for delivery of gold are coming.
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