Page 56 - Commodity News

Gold price slips Rs 10 to Rs 73,680, silver falls Rs 100 to Rs 85,400

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,540

Gold, silver retreat from record levels as Iran-Israel tensions ease

Gold resumed trading on a weaker note on Monday as demand for the safe haven asset decreased after easing geopolitical tensions in the Middle East

Gold price dips Rs 10 to Rs 74,230, silver falls Rs 100 to Rs 86,400

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,040

China is front and center of gold's record-breaking rally this year

China and India have typically vied over the title of world's biggest buyer. But that shifted last year as Chinese consumption of jewelry, bars and coins swelled to record levels

Gold price climbs Rs 10 to Rs 74,350, silver dips Rs 100 to Rs 86,400

The price of 22-carat gold also rose Rs 10, with the yellow metal selling at Rs 68,160

Govt discusses crude oil market volatility with OPEC secretary general

During telephone conversation with Haitham Al-Ghais India's oil minister Hardeep Singh Puri "emphasized the importance of balancing market stability, affordability, with pragmatism", said statement

Gold price slips Rs 10 to Rs 73,390, silver rises Rs 100 to Rs 86,400

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

Gold price slips Rs 10 to Rs 74,120, silver falls Rs 100 to Rs 86,400

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 74,120

Crude oil import bill drops 16% but import dependency hits new peak

The world's third largest oil importing and consuming nation has been able to add to its domestic production drop, raising its import dependence

Gold price climbs Rs 10 to reach Rs 74,140, silver up Rs 100 to Rs 87,100

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 68,110, Rs 67,960, and Rs 68,710, respectively

Gold, silver prices hit peaks on global cues amid tensions in West Asia

According to HDFC Securities, gold prices zoomed Rs 700 to hit its lifetime high of Rs 73,750 per 10 grams in the national capital on Tuesday

Gold prices hover near record high amid growing geopolitical tensions

Citi projected gold prices to trade at $3,000 per ounce over the next 6-18 months

Gold price rises Rs 10 to Rs 73,320, silver climbs Rs 100 to Rs 86,600

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 73,160

Crude oil sheds more than $1 per barrel after Iran's attack on Israel

Brent futures for June delivery fell 91 cents to $89.54 a barrel, a 1% loss, by 1:17 p.m. EDT (1717 GMT). U.S. crude futures for May delivery fell 87 cents to $84.79 per barrel, a 1% loss

Gold consolidates after hitting record high on West Asia tensions

Iran launched explosive drones and missiles at Israel late on Saturday in retaliation for a suspected Israeli attack on its consulate in Syria on April 1

Gold price slips Rs 10 to Rs 72,540, silver down Rs 100 at Rs 85,400

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,490

Oil seen opening up after Iran's attack, rally to depend on response

Iran launched explosive drones and missiles at Israel late on Saturday in retaliation for a suspected Israeli attack on its consulate in Syria on April 1

Gold price climbs Rs 10 to Rs 73,320, silver rises Rs 100 to Rs 86,600

The price of 22-carat gold also rose Rs 10 with the yellow metal selling at Rs 67,210

Gold gains Rs 1,050 to breach Rs 73k-mark; silver too hits fresh peak

In the global markets, spot gold at Comex traded at $ 2,388 per ounce, up $ 48 from the previous closing level

Why are gold prices rising? Chris Wood of Jefferies explains

China's official gold reserves, Wood said, have increased by 314 tonnes, or 16.1 per cent, from 1,948 tonnes at the end of October 2022 to 2,262 tonnes at the end of March 2024