Brent crude futures fell 72 cents, or 0.7%, to $103.53 a barrel by 0220 GMT. US West Texas Intermediate (WTI) crude futures fell 52 cents, or 0.6%, to $90.97
Comex gold futures were trading $16.50 higher at $4,157.20 an ounce, while silver futures rose $0.08 to $60.37 after opening at $60.19
Brent crude rises to $101.53 a barrel as attacks on tankers in the Gulf and Strait of Hormuz intensify, raising concerns over supply risks despite plans to release emergency oil stocks
The yellow metal of 99.9 per cent purity fell to a one-week low, depreciating ₹700 to ₹1,48,900 per 10 grams, inclusive of all taxes, from Tuesday's closing level of ₹1,49,600
In the global market, gold futures on Comex were trading near $4,165 per ounce, while silver was trading near $60 per ounce
Brent futures rose 93 cents, or 0.92%, to $101.51 a barrel by 0022 GMT while US West Texas Intermediate (WTI) crude rose 82 cents, or 0.92%, to $90.25
In the global market, gold futures on Comex were trading near $4,150 per ounce, while silver was trading near $61 per ounce
Brent crude futures lost 4 cents to $100.28 a barrel by 0003 GMT, while US West Texas Intermediate crude futures fell 11 cents, or 0.1%, to $89.33 a barrel
On the MCX, the benchmark December gold contract opened ₹807 higher at ₹1,51,197 per 10 gram
Brent crude futures fell 66 cents, or 0.65%, to $101.59 a barrel at 0240 GMT, while US West Texas Intermediate crude was at $90.12 a barrel, down 95 cents, or 1.03%
On the domestic front, investors will watch the Reserve Bank of India's monetary policy decision on Wednesday, with a 25 basis points rate hike expected
In the global market, gold futures on Comex were trading near $4,200 per ounce, while silver was trading near $61.40 per ounce
Brent was near $98 a barrel after rising about 14% in September, while investors weighed stalled US-Iran peace talks and signs of a recovery in West Asia oil exports
Gold and silver have corrected sharply since April, falling 11 per cent and 19 per cent, respectively, in USD terms.
Kaynat Chainwala of Kotak Securities reckons that the MCX Crude Oil is showing a cautious-to-bearish setup on the 4-hour chart after facing resistance near ₹9,280-9,300 levels.
Gold and silver futures opened higher on MCX and Comex as easing crude oil prices and shifting US rate expectations provided some support to bullion
Brent crude futures rose $1.14, or 1.11%, to $103.73 a barrel by 0131 GMT. US West Texas Intermediate crude 34 cents, or 0.38%, to $89.72
Crude oil flows from the Strait of Hormuz have increased to average above 10 mbpd as per the shipping tanker tracker data.
In the global market, gold futures on Comex were trading near $4,160 per ounce, while silver slipped to around $61 per ounce
Brent crude futures had risen 63 cents, or 0.6%, to $105.91 a barrel by 0002 GMT while US West Texas Intermediate crude was at $93.32, up 72 cents, or 0.8%