Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Crude Oil resists dollar pressure to hold at three-month high
Crude Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as colder weather spurred buying while further support came from expectations of tighter sanctions on Iranian and Russian oil exports.
Gold price today: Experts reveal strategy for bullion
Gold price today: Gold rates moved higher in the domestic futures market in the morning session on Monday, December 30, amid a fresh escalation of tensions in the Middle East, while the stable dollar and US bond yields also influenced sentiment. MCX Gold for February 5 expiry traded 0.24 per cent higher at ₹76,731 per 10 grams around 9:55 AM.
Gold Tips Today [18-12-2024]: Bullion prices fall this week so far
Gold Tips Today: gold and silver remains under pressure as gold February futures contracts at MCX extended losses on Wednesday, opening flat at Rs 76,852 per 10 gram, which is down by 0.02% or Rs 19 while silver March futures contracts were trading at Rs 90,700/kg, down by 0.19% or Rs 175.
Gold and silver prices fall over 1% in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities
Gold and silver prices have fallen more than a per cent compared to a week back as no new triggers around the globe. However, investors are waiting for the FOMC meeting, plus the Bank of England is likely to keep the interest rate unchanged.
Gold Futures Rise on Geopolitical Tensions, China Bank Purchases
Gold futures rose on safe-haven demand and central bank buying. Futures rose 0.5% to $2,699.30 per troy ounce.
Crude Oil prices rising Mideast tensions offset demand concerns
Crude Oil prices were mixed in early Asia trade on Monday as concerns over weak Chinese demand were offset by rising tensions in the Middle East following the rebel overthrow of Syrian President Bashar al-Assad.