Page 57 - Commodity News

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

Gold price rises to Rs 72,230, silver price slips Rs 100 to Rs 84,900

The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 84,900

Gold price rises to Rs 72,110, silver price climbs Rs 100 to Rs 85,600

The price of one kilogram of silver in Chennai stood at Rs 89,100

Gold price climbs Rs 10 to reach Rs 71,740, silver slips to Rs 84,400

The price of 22-carat gold rose Rs 10 with the yellow metal selling at Rs 65,760

Crude oil holds near five-month high amidst tensions in West Asia

Brent crude futures edged up 5 cents, or 0.1%, to $90.43 per barrel by 1309 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 10 cents or 0.1% at $86.33

Behind the glitter: Why is gold going up in value, how should you invest?

It is not an interest-bearing asset and has precious little industrial use

Gold up Rs 10, silver jumps Rs 100; yellow metal trading at Rs 71,630

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 71,630

Demand from central bank propels safe-haven gold to new record peak

Spot gold eased 0.1% to $2,326.19 per ounce, as of 11:54 a.m. ET (1554 GMT), after hitting a record high of $2,353.79 earlier in the session. U.S. gold futures were steady at $2,344.80

AI demand could add 1 million tons to copper demand by 2030, says Trafigura

"That's not something that anyone has actually factored into a lot of these supply and demand balances." Rahim did not say what global copper demand would be in 2030

Oil prices edge lower on Israel-Gaza ceasefire talks after 6 months of war

Brent crude futures dropped 90 cents or 1%, to $90.27 a barrel by 1000 GMT. U.S. West Texas Intermediate crude was down 86 cents, or about 0.9%, at $86.05

Gold price slips Rs 10 to Rs 71,280, silver falls Rs 100 to Rs 83,400

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 71,280

Gold price dips Rs 10 to Rs 69,970, silver falls Rs 100 to Rs 81,600

The price of 22-carat gold also fell Rs 10, with the yellow metal selling at Rs 64,140

Gold climbs Rs 10, silver jumps Rs 100; precious metal trading at Rs 82,100

The price of 22-carat gold also jumped Rs 10 with the yellow metal selling at Rs 64,610.

Gold climbs Rs 10, silver jumps Rs 100; yellow metal trading at Rs 69,880

The price of 22-carat gold also jumped Rs 10 with the yellow metal selling at Rs 64,110

Gold touches new peak of Rs 69,200 per 10 grams amid global market rally

Gold prices jumped by Rs 830 to reach a new peak of Rs 69,200 per 10 grams on Wednesday amid a rally in precious metal rates in the global markets, according to HDFC Securities.

Gold price declines Rs 10 to Rs 69,100, silver rises Rs 100 to Rs 79,100

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 63,490, Rs 63,340, and Rs 64,290, respectively

Customers shy away from market as gold price nears Rs 70,000 milestone

The gold price was Rs 28,430 per 10 gram a decade ago, up 141 per cent, giving a 9.2 per cent compounding annual return

Brent crude price reaches highest level this year on fresh supply threats

Brent futures for June delivery were up $1.15, or 1.3%, at $88.57 a barrel by 13:33 GMT after touching a peak of $89.08

Opec+ ministerial panel unlikely to change output policy at April 3 meeting

OPEC+ members, led by Saudi Arabia and Russia, last month agreed to extend voluntary output cuts of 2.2 million barrels per day (bpd) to support the market