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Gold and Silver rate today (January 29, 2024): Precious metals trade in green; yellow metal above Rs 62,100; white metal near Rs 72,000

Gold and Silver rate today (January 29, 2024): Precious metals trade in green; yellow metal above Rs 62,100; white metal near Rs 72,000

Mon, Jan 29, 2024

Gold and Silver rate today (January 29, 2024): MCX gold futures (Feb 5) were flat with a positive bias at Rs 61,148 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea

Mon, Jan 29, 2024

Brent crude oil price news: Brent crude futures climbed 83 cents to $84.38 a barrel by 2341 GMT after hitting a session-high of $84.80. U.S. West Texas Intermediate crude rose 78 cents to $78.79 a barrel.

Oil prices ease in early trading; set to post weekly gains

Oil prices ease in early trading; set to post weekly gains

Fri, Jan 26, 2024

Brent crude futures eased 32 cents, or 0.39 per cent, to $82.12 a barrel by 01:15 GMT. US West Texas Intermediate crude fell 41 cents, or 0.5 per cent, to $76.95.

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Gold price today hits HISTORIC high of over Rs 50,000! Set to keep skyrocketing, says expert

Gold price today hits HISTORIC high of over Rs 50,000! Set to keep skyrocketing, says expert

Wed, Jul 22, 2020

Gold price today at the Multi Commodity Exchange (MCX) hit its life-time high of Rs 50,085 per 10 gm while the silver price today breached Rs 61,000 levels and hit Rs 61,280 per kg mark in the early morning trade session.

Gold price sprints to nine-year peak on softer dollar, stimulus bets

Gold price sprints to nine-year peak on softer dollar, stimulus bets

Wed, Jul 22, 2020

Gold jumped more than 1% on Wednesday to its highest in nearly nine years, driven by a weaker dollar and as expectations of more stimulus to resuscitate pandemic-hit economies lifted the metal`s appeal.

Oil prices fall on US inventory build, increasing pandemic fears

Oil prices fall on US inventory build, increasing pandemic fears

Wed, Jul 22, 2020

Oil prices fell on Wednesday as industry data showed a bigger- than-expected inventory build in the United States.

MCX silver price jumps over 6 pct in intraday trade to 7-year high; price uptick to continue, expert says

MCX silver price jumps over 6 pct in intraday trade to 7-year high; price uptick to continue, expert says

Tue, Jul 21, 2020

While gold glitters at a historic high today, silver is also shining bright. The MCX September Silver Futures were up by over 6 per cent around 7:40 pm, attaining a 7-year high. This precious metal was trading around Rs 57,343 around this time, up by over Rs 3330. It attained an intraday high of Rs 57,347 today

Gold price hits all-time high of Rs 49,579! Outlook still golden for yellow metal as rates to soar further

Gold price hits all-time high of Rs 49,579! Outlook still golden for yellow metal as rates to soar further

Tue, Jul 21, 2020

MCX August Gold futures today hit a new life time high of Rs 49,579! Yellow metal has been hitting multiple highs over the last few months, but even now the outlook is quite golden, so to speak, as rates are expected to head further northward in these times of coronavirus

Oil steady as vaccine news counters rise in virus cases

Oil steady as vaccine news counters rise in virus cases

Tue, Jul 21, 2020

Brent futures were up 15 cents, or 0.4%, at $43.43 by 0117 GMT, while West Texas Intermediate (WTI) edged up 2 cents to $40.83.

Gold imports dip 94 pc in Apr-Jun to USD 688 million

Gold imports dip 94 pc in Apr-Jun to USD 688 million

Mon, Jul 20, 2020

Gold imports, which have a bearing on the current account deficit (CAD), plunged 94 per cent to USD 688 million (about Rs 5,160 crore) during the first quarter of 2020-21 due to a significant fall in demand in the wake of the COVID-19 pandemic, according to data from the Commerce Ministry

Oil falls as worsening pandemic threatens recovery

Oil falls as worsening pandemic threatens recovery

Mon, Jul 20, 2020

Oil prices dipped on Monday, weighed down by the prospect that a rise in the pace of coronavirus infections could derail a recovery in fuel demand. Brent crude was down 10 cents, or 0.2%, at $43.04 a barrel by 0047 GMT, after dropping slightly last week. U.S. oil was off by 6 cents, or 0.2%, at $40.53 a barrel, after gaining 4 cents last week

Oil prices steady as clouds gather over fuel demand, looser supply curbs

Oil prices steady as clouds gather over fuel demand, looser supply curbs

Fri, Jul 17, 2020

Oil prices were unchanged on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several countries.

Silver price jumps to 7-year high; may outshine gold, say experts

Silver price jumps to 7-year high; may outshine gold, say experts

Thu, Jul 16, 2020

Silver price today climbed to its 7-year high at Rs 53,199 per kg levels at the Multi Commodity Exchange (MCX).

Oil price climbs 2 pct on US stock draw but gains capped as OPEC+ set to ease cuts

Oil price climbs 2 pct on US stock draw but gains capped as OPEC+ set to ease cuts

Thu, Jul 16, 2020

Oil prices rose 2% on Wednesday, supported by a sharp drop in U.S. crude inventories, but further gains were limited as OPEC and its allies are set to ease supply curbs from August.

Gold price rises 17 pct! Will rates keep skyrocketing or plunge from here | EXPLAINED

Gold price rises 17 pct! Will rates keep skyrocketing or plunge from here | EXPLAINED

Wed, Jul 15, 2020

Gold price has been skyrocketing since COVID-19 pandemic outbreak and the precious yellow metal has scaled around 17 per cent in the first six months of 2020!

Oil rises slightly as OPEC+ complies with production cuts

Oil rises slightly as OPEC+ complies with production cuts

Wed, Jul 15, 2020

Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States.

Oil slips on surge in COVID-19 infections, US-China tension

Oil slips on surge in COVID-19 infections, US-China tension

Tue, Jul 14, 2020

Oil prices slipped about 1% on Monday after global coronavirus cases rose by a record daily amount, fanning fears of renewed government lockdowns, and on growing U.S. and European tension with China.

Petrol, diesel futures trading to start soon on exchanges

Petrol, diesel futures trading to start soon on exchanges

Sat, Jul 11, 2020

Sources said that petroleum ministry has approved the plan to allow trading of petroleum products in the derivative market.

Oil price rises as International Energy Agency boosts demand forecast

Oil price rises as International Energy Agency boosts demand forecast

Sat, Jul 11, 2020

Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast.

Milestone for BSE Commodity trading in India; logs turnover of Rs 3,015 crores on July 8th

Milestone for BSE Commodity trading in India; logs turnover of Rs 3,015 crores on July 8th

Thu, Jul 09, 2020

The commodity derivatives segment at BSE registered a new high of Rs 3,015 crores on July 8.

Gold price rises towards nine-year peak as virus cases spike

Gold price rises towards nine-year peak as virus cases spike

Thu, Jul 09, 2020

Gold firmed above the key $1,800 level on Thursday just shy of a near nine-year peak on growing fears that surging coronavirus cases will put the brakes on a global economic recovery, with focus shifting to U.S. jobs data later in the day

Gold price futures rise to Rs 49,215 per 10 gram on spot demand, global cues

Gold price futures rise to Rs 49,215 per 10 gram on spot demand, global cues

Thu, Jul 09, 2020

Gold prices on Thursday rose by Rs 56 to Rs 49,215 per 10 gram in futures trade as speculators created fresh positions on firm spot demand. On the Multi Commodity Exchange, gold contracts for August delivery traded higher by Rs 56, or 0.11 per cent, at Rs 49,215 per 10 gram in a business turnover of 10,797 lots

Gold price outlook: Yellow metal smashes all weekly outlooks to attain life's high - yet again!

Gold price outlook: Yellow metal smashes all weekly outlooks to attain life's high - yet again!

Thu, Jul 09, 2020

MCX Gold is on a roll as the yellow metal smashed all the weekly predictions to attain a new life time high of Rs 49348 per 10 gram on Wednesday. The August Gold Futures ended at Rs 49134, up over 0.6 per cent on Wednesday. The outlook for Gold remains strong for the remaining week, Senior Technical Analyst Anuj Gupta said

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