Page 50 - Commodity News

Gold extends record rally on US Fed interest rate-cut bets, softer dollar

Spot gold eased about 0.2% to $2,462.85 per ounce as of 1548 GMT, driven by profit-taking, after the bullion hit a high of $2,482.29 earlier in the session

Crude oil prices steady amid falling US inventories, China concerns

Brent crude oil futures were up 33 cents, or 0.39%, at $84.06 a barrel by 1204 GMT. U.S. West Texas Intermediate crude futures were up 51 cents, or 0.63%, at $81.27

Silver trading strategy today, July 17: Buy dips near Rs 90,000-91,500

Silver support, resistance levels: Silver is expected to test the $35 mark on rate cut bets. Traders are expected to continue to buy into dips

Gold price climbs Rs 10 to Rs 74,030, silver slips Rs 100 to Rs 94,900

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 67,860

Gold price slips Rs 10 to Rs 73,630, silver declines Rs 100 to Rs 95,100

The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 67,490

Gold prices hover near 1-month peak as Fed rate cut hopes lend support

The dollar held steady, while long-dated U.S. bond yields rose, as investors weighed whether the assassination attempt on Trump increased his chances of victory

Oil holds ground as dollar gains and Chinese demand concerns weigh

Oil market is also broadly underpinned by supply cuts from OPEC+ group of producers, as Iraq's oil ministry said at the weekend that it will compensate for overproduction since the beginning of 2024

Gold price slips Rs 10 to Rs 73,430, silver declines Rs 100 to Rs 95,400

The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 67,590

Gold price climbs Rs 10 to Rs 73,760, silver falls Rs 100 to Rs 95,400

The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,610

Silver trading strategy today: Metal may test Rs 98,000 on MCX. Check here

Silver price target today, July 12: The white metal is expected to trade with a positive bias on rising odds of multiple rate cuts this year

Gold price outlook, July 12: MCX Gold may hit Rs 74,400, say experts. Check why

Gold trading strategy for today, July 12, 2024: Much-awaited US CPI data (June) trailed the forecasts on all counts. US CPI Y-o-Y at 3 per cent as against the forecast of 3.10 per cent

Gold price climbs Rs 10 to Rs 73,430, silver rises Rs 100 to Rs 95,600

The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,310

Gold price slips Rs 10 to Rs 73,190, silver declines Rs 100 to Rs 94,400

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,090

Gold price slips Rs 10 to Rs 73,190, silverfalls Rs 100 to Rs 95,400

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,090

Gold price dips Rs 10 to Rs 73,570, silver rise Rs 100 to Rs 95,100

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,440

Gold prices take a breather after sharp rally fuelled by US jobs data

Spot gold fell 0.6% to $2,377.38 per ounce as of 10:34 a.m. ET (1434 GMT), after rising to its highest level since May 22 on Friday. U.S. gold futures slipped 0.5% to $2,385.20

Gold price slips Rs 10 to Rs 73,790, silver declines Rs 100 to Rs 94,700

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,640

Oil prices on track for fourth straight week of gains as demand rises

With the U.S. market shut on Thursday for the Independence Day holiday, trading was thin and there was no settlement for WTI, but prices have risen this week on strong summer demand expectations in US

Gold price climbs Rs 10 to Rs 73,100, silver rises Rs 100 to Rs 93,100

The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,010

Gold price slips Rs 10 to Rs 72,370, silver rises Rs 100 to Rs 96,100

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 66,340