Page 159 - Commodity News

Trading strategies for copper and nickel by Tradebulls Securities

For Copper sellers to gain upperhand, they must breach the support of 668 levels

Oil prices slip for fifth consecutive day lower after US stockpile build

Oil prices dropped for a fifth day on Thursday after official data showed a sustained rise in US crude and fuel inventories, while the ever-present pandemic clouded the demand outlook

Gold gains after US Federal Reserve maintains easy monetary policy stance

Gold prices rose on Thursday, as the dollar weakened after the US Federal Reserve kept the interest rate unchanged and reiterated its stance to keep benchmark rates near-zero through at least 2023

Oil steady as demand worries counter surprise drop in US crude stocks

Oil prices were mixed as concerns over rocky demand in Europe counterbalanced hopes of a recovery in US refinery activity as industry data showed US crude stockpiles unexpectedly fell last week

Gold firms on inflation bets; focus on US Federal Reserve's policy verdict

Gold prices edged up to hover near their highest in over two weeks on prospects of higher inflation, although trade was range-bound as investors exercised caution ahead of the US Federal Reserve meet

Oil dips on demand worries despite surprise drop in US crude stocks

Oil slipped for a fourth day on worries about rocky demand in Europe, even as hopes of a recovery in US refinery activity were boosted by industry data that showed US crude stockpiles fell last week

Gold price today at Rs 48,160 per 10 gm, silver trending at Rs 67,600 a kg

In New Delhi, the gold price of 22-carat gold is at Rs 44,150 per 10 gm, while in Chennai it fell to Rs 42,270

Investors see more sheen in paper gold this year amid lower prices

So far, FY21 has seen sale of 32.4 tonnes worth of sovereign gold bonds and 13 tonnes of exchange-traded funds

It's time Gulf Arab States look away from Oil and find new revenue sources

We are approaching an energy inflection point in the global economy: plentiful oil supply, a demand plateau by 2030 and more competitive renewable-energy options

Trading strategies for crude oil and zinc by Tradebulls Securities

Another surprise build up in US inventory also helped the crude oil prices pushing down below 4,600 but overall trend still is bullish as there is no reversal pattern on daily chart

Top headlines: Future revs up JVs amid Amazon row, PSU privatisation list

Global money manager BlackRock just delivered a double-barreled warning on the merits of holding traditional haven gold right now. Read top stories today

Gold price rises to Rs 44,710 per 10 gm, silver trending at Rs 67,400/kg

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes

Crude oil prices rise on economic outlook, drawdown in fuel stocks

Brent crude oil futures for May rose 40 cents, or 0.6%, to $68.30 a barrel by 0105 GMT, while U.S. West Texas Intermediate crude for April was up 48 cents, or 0.7%, at $64.92

Gold price stable at Rs 44,430 per 10 gm, silver trending at Rs 67,000/kg

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes

Oil price slips below $68 as rally fizzles out before US supply report

Oil fell to around $68 a barrel on Tuesday, pressured as concerns faded of a supply disruption in Saudi, which countered a pause in dollar's rally and prospects for tighter supply due to OPEC+ curbs

Gold price today At Rs 44,430 per 10 gm, silver trending at Rs 65,500/kg

In New Delhi, the 22-carat gold price dipped Rs 350 to Rs 43,800 per 10 gm, while in Chennai it fell by Rs 170 to Rs 42,040

Gold price today at Rs 44,680 per 10 gm, silver trending at Rs 66,500/kg

In New Delhi, the 22-carat gold price inched up by Rs 290 to Rs 44,150 per 10 gm, while in Chennai it increased by Rs 40 to Rs 42,210. In Mumbai, the rate rose to Rs 43,680

Gold price today at Rs 44,520 per 10 gm, silver trending at Rs 65,700/kg

In New Delhi, the price of 22-carat gold inched up by Rs 10 to Rs 43,860 per 10 gm, while in Chennai it increased by Rs 10 to Rs 42,170. In Mumbai, the rate rose to Rs 43,520

Gold tumbles Rs 522, silver crashes Rs 1,822

The trend in the international markets was muted

Gold slides to nine-month low as Powell's remarks make yields rally

By Sumita LayekSpot gold eased 0.3% to $1,692.13 per ounce by 0515 GMT, having earlier fallen to its lowest since June 8 at $1,686.40. For the week so far, it is down 2.3%