Page 88 - Commodity News

Gold unchanged in early trade; silver rises by Rs 900, selling at Rs 62,300

In Delhi, 24-carat and 22-carat gold is trading at Rs 53,130, and Rs 48,700, respectively

Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate

The MCX Crude Oil December futures could test Rs 7,100-level on the upside as long as the commodity manages to sustain above the 100-WMA support.

Gold prices down by Rs 100, trading at Rs 48,460; silver unchanged

Ten grams of 24-carat gold is selling at Rs 52,880 today

Crude oil prices can rise up to $110 a barrel in 2023, say analysts

Brent crude oil prices have slipped nearly 15 per cent in the last few weeks, from a peak of around $98 a barrel to a little over $83 a barrel now despite OPEC+ cutting supply

Gold prices unchanged today; silver falls by Rs 400, trading at Rs 61,400

Ten grams of 24-carat gold is selling at Rs 52,980 today

Support for MCX Gold seen at Rs 51,865; Silver may dip to Rs 59,000-level

The Rs 51,865-level is the 20-DMA for MCX Gold, below which the next major support is seen at Rs 51,050.

Gold rises slightly, trading at Rs 52,980; silver unchanged at Rs 61,800

Silver prices remained unchanged today, trading at Rs 61,800 per kg

Gold trading at Rs 52,970 per 10 grams, silver selling at Rs 61,800 per kg

The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,700, Rs 48,600, and Rs 49,250, respectively

EU diplomats suspend talks on capping Russian oil prices as divisions stick

Poland and the Baltic nations are outraged at a proposal to cap Russian oil prices at $65 per barrel limit, as the level is above the rates Moscow sells crude now

Gold edges toward weekly gain on hopes of dovish Fed rate hike strategy

Spot gold gained 0.2% to $1,758.41 per ounce by 0223 GMT, and was up 0.5% so far this week. U.S. gold futures rose 0.7% to $1,758.30

Gold, silver rates rise in early trade today; yellow metal at Rs 52,970

Silver prices increased by Rs 1,200 from yesterday's closing price with 1 kg of the precious metal selling at Rs 62,200

Gold, silver rates fall in early trade; yellow metal trading at Rs 52,640

Silver prices decreased by Rs 200 from yesterday's closing price with 1 kg of the precious metal selling at Rs 61,000

MCX Crude Oil futures likely to consolidate, Rs 6,200 seen as major support

On the upside, the MCX Crude Oil December futures can test Rs 7,200 to Rs 7,400 levels during the consolidation phase.

Gold rate falls by Rs 170 in early trade; silver rises to Rs 61,200

In Mumbai, Kolkata, and Hyderabad, ten grams of 24-carat gold is selling at Rs 52,750

Gold gains Rs 30; silver climbs Rs 856 amid appreciation in rupee

In the international market, gold was up at USD 1,741.95 per ounce while silver was trading higher at USD 21.05 per ounce

Oil prices rise after Saudi Arabia denies report of OPEC+ supply increase

Brent crude futures rose 17 cents, or 0.2%, to $87.62 by 0007 GMT. U.S. West Texas Intermediate (WTI) crude futures for January began trading Tuesday, rising 7 cents, or 0.1%, to $80.11 a barrel

Gold, silver rates fall in early trade; yellow metal trading at Rs 52,920

In Mumbai, Kolkata, and Hyderabad, ten grams of gold (24-carat and 22-carat) are selling at Rs 52,920, and Rs 48,500

Gold declines Rs 408 to Rs 52,847 per 10 grams; silver drops Rs 594

In the international market, gold was trading in red at USD 1,745.5 per ounce while silver was down at USD 20.83 per ounce

Oil prices sink as China's tightening anti-Covid curbs hurt demand outlook

Crude has erased the gains made at the start of the quarter, when the Organization of Petroleum Exporting Countries and allies including Russia agreed to reduce production by 2 million barrels a day

Gold trading at Rs 53,020 per 10 grams, silver selling at Rs 60,600 per kg

The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai was Rs 48,800, Rs 48,650, and Rs 49,250, respectively