The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,840
Both benchmark prices fell below $100 per barrel in the previous trading session, with WTI recording its biggest decline since April 2020 on expectations the ceasefire ending the fight
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,41,010
Mohammed Imran of Mirae Asset Sharekhan expects that Brent and WTI floor prices would remain elevated at pre-war levels
The one-year implied rate on the dollar/rupee forward fell 22 basis points to 3.08 per cent
On the Multi Commodity Exchange (MCX), crude oil futures for the April delivery slumped by ₹640, or 6 per cent, to ₹10,029 per barrel -- its lower circuit limit
Bullion rose more than 3 per cent to its highest level since March 19
The price of 22-carat gold fell ₹10, with ten grams of the yellow metal selling at ₹1,37,340
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,090
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According to data shared by Axis Securities, gold prices have declined more than 10 per cent, while silver prices have corrected by over 22 per cent since the war.
With the geopolitical premium fading, analysts believe the next trend will hinge on three factors: the US dollar and bond yields, geopolitical developments, and demand dynamics
Adding to supply concerns, Russia on Monday said Ukrainian drones attacked the Caspian Pipeline Consortium's terminal on the Black Sea, which handles 1.5 per cent of global oil supply
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,340
Brent crude futures rose $1.71, or 1.6 per cent, to $110.74 a barrel by 0057 GMT while US WTI was up 0.6 per cent, trading at $112.25 per barrel
Prices of the yellow metal are hovering at around Rs 1,51,500 per 10 grams (inclusive of all taxes) in the national capital
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,38,360
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,36,540
US West Texas Intermediate crude futures rose $11.42, or 11.41 per cent, at $111.54 per barrel, settling at their biggest absolute price rise since 2020
The gains followed an earlier fall of more than $1 in both benchmarks prior to Trump's televised speech to the nation, after having settled lower in the previous session