Domestic gold futures remained under pressure for the most part of the day after giving up initial gains on Tuesday as international spot rates took a breather a day after touching a three-month peak. Sharp losses in equities and weakness in the dollar overseas provided some support. MCX gold...
NEW DELHI: Gold in the national capital on Tuesday declined by Rs 212 to Rs 47,308 per 10 gram with a decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,520 per 10 gram. Silver also tumbled...
NEW DELHI: Aluminium prices rose 1.89 per cent to Rs 204.55 per kg in the futures trade on Monday as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium contracts for the May delivery gained Rs 3.80, or 1.89...
NEW DELHI: Crude oil prices rose Rs 28 to Rs 4,791 per barrel on Monday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the May delivery traded higher by Rs 28, or 0.59 per cent, at Rs 4,791 per...
Thermal coal futures in China surged to a record high as a severe supply crunch overpowered the exchange’s effort to cool down the breakneck price rally. Prices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound. Safety...
NEW DELHI: Gold futures were trading higher on Tuesday after trading near a three-month high in the previous session after last week’s miss on the U.S. jobs growth numbers weighed on the dollar and bolstered expectations that interest rates will remain low. The deteriorating health crisis in India also...
NEW YORK: Oil prices settled higher on Monday after a major U.S. fuel pipeline said it could largely restart within the week after a cyberattack forced its shutdown. Potential U.S. demand growth boosted crude prices, offsetting fears that a resurgent coronavirus pandemic in India would cut demand in Asia....
Gold prices were steady on Tuesday as a retreat in U.S. Treasury yields countered a slight rebound in the dollar, while investors awaited key data on inflation due later this week. FUNDAMENTALSSpot gold was steady at $1,836.26 per ounce by 0134 GMT, after hitting its highest since Feb. 11...
LONDON: Hedge funds boosted their position in petroleum for the fourth week running, as bullishness about oil consumption and prices rebounded after the setback in March. Hedge funds and other money managers purchased the equivalent of 40 million barrels in the six most important petroleum futures and options contracts...
LONDON: Copper raced to a new record peak on Monday as investors worried about missing out on further gains while some industrial users bit the bullet after waiting for lower prices. Three-month copper on the London Metal Exchange climbed to an all-time high of $10,747.50 a tonne after first...