Page 142 - Commodity News

Oil prices slip as IEA warns of slowdown in global demand recovery

Oil prices declined on Thursday after the International Energy Agency said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand

Gold price today at Rs 45,280 per 10 gm, silver trending at Rs 62,500 a kg

In New Delhi, gold price stands at Rs 49,600 per 10 gm (24 carat)

Oil rebounds after White House says not calling for US output hike

Oil gained Wednesday, changing course after Biden administration said it would not call on US producers to increase crude output, and that efforts to increase OPEC production were a longer-range plan

RBI buys record gold this year: At 700 tonnes, reserves up 27% in 2 years

The central bank's gold reserves stood at 705.6 tonnes as on June 30. The gold reserves were at 558.1 tonnes in the beginning of 2018

Gold price today at Rs 45,280 per 10 gm, silver trending at Rs 63,300 a kg

In New Delhi, gold price stands at Rs 49,600 per 10 gm (24 carat)

Oil prices up 3%; forecast for better US fuel demand feeds rebound

Oil prices rose 3% on Tuesday, rebounding from recent losses on signs of rising fuel demand in the United States despite a surge in Covid-19 cases

Gold ETFs see first outflows in eight months, Rs 61.5 cr pulled out in July

Investors to shift money to other asset classes as prices of the yellow metal weaken

Gold price today at Rs 45,280 per 10 gm, silver trending at Rs 63,600 a kg

In New Delhi, gold price stands at Rs 49,600 per 10 gm (24 carat)

Oil prices slide to 3-week low on China's virus curbs, strong dollar

A United Nations panel's dire warning on climate change added to the gloomy mood after fires in Greece have razed homes and forests and parts of Europe suffered deadly floods last month

Gold prices slip to over 4-month low on early US Fed tapering fears

Spot gold fell 1.1% to $1,744.25 per ounce by 0616 GMT.

Gold price today at Rs 45,690 per 10 gm, silver trending at Rs 65,000 a kg

In New Delhi, the price stands at Rs 50,170 per 10 gm (24 carats)

Commodity markets on tenterhooks as Delta outbreak rattles China

Fears over the more infectious variant helped drive US crude below $70 a barrel this week

Oil heads for biggest weekly loss this year on Delta variant concerns

Oil fell, capping the biggest weekly loss since October, as the spread of the delta coronavirus variant in China and elsewhere in the world is casting doubts on demand growth

Oil prices steady, but set for big weekly loss on demand worries

Oil prices were steady on Friday, but on track for steep weekly declines on concerns over the impact on fuel demand from travel restrictions to curb spread of Covid-19

Gold edges down on strong dollar as investors eye US jobs report

Spot gold fell 0.3% to $1,799.46 per ounce by 0517 GMT, set for its worst weekly performance since mid-June.

Gold price today at Rs 46,970 per 10 gm, silver trending at Rs 67,600 a kg

In New Delhi, the price stands at Rs 46,950 per 10 gm

Gold price today at Rs 46,950 per 10 gm, silver trending at Rs 68,000 a kg

In New Delhi, the price stands at Rs 47,040 per 10 gm

Oil prices fall on US crude stock build, Covid-19 Delta variant spread

Traders noted the oil price drop came despite reports of increased Mideast geopolitical tensions

Gold price today at Rs 46,960 per 10 gm, silver trending at Rs 67,600 a kg

In New Delhi, gold price stands at Rs 47,050 per 10 gm.

Gold price today at Rs 47,380 per 10 gm, silver trending at Rs 67,850 a kg

In New Delhi, the price stands at Rs 47,150 per 10 gm