Since the conclusion of the Iran-Israel conflict, oil prices have retreated and stabilised within a broader trading range of around $6 per barrel
The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹93,910
The yellow metal of 99.5 per cent purity appreciated by ₹400 to ₹1,00,800 per 10 grams (inclusive of all taxes) on Wednesday
The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹93,560
State-run and private processors, including heavyweight Reliance Industries Ltd., are expected to buy 1.4 million-to-1.6 million barrels a day for October loading and beyond
Brent crude futures fell 16 cents, or 0.23 per cent, to $68.64 per barrel at 0005 GMT, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25 per cent, to $64.64
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,040
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,140
Analysts said the near-term outlook for gold depends on a combination of incoming US economic data, progress in Russia-Ukraine talks and clarity on trade tariffs
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,140
The precious metal of 99.9 per cent purity had closed at ₹1,00,620 per 10 grams on Thursday
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,310
In its latest outlook, Ventura Securities said it expects Comex gold futures to touch $3,600 per ounce by year-end, after hitting an all-time high of $3,534.10 on August 7
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹91,790
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹92,340
White House trade adviser Peter Navarro's comments around India's purchases of Russian crude funding Moscow's war in Ukraine revived concerns about supply flows
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹92,740
The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹92,890
Central banks, like the U.S. Federal Reserve, use interest rates to control inflation. Lower interest rates reduce consumer borrowing costs and can boost economic growth and demand for oil
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹92,890