Gold Silver Reports → Crude Oil tumbled after the Iranian Oil Minister said that an agreement by Saudi Arabia and Russia last week for crudeoil producers to freeze output was “ridiculous.”
Commodity News
Commodity News, Commodity Market Data at goldsilverreports.com – Latest Gold Price in India, Gold Price in Rupees, News on Commodity Market, Silver Price, Commodity Prices and Data on Silver, Gold, Crude Oil, MCX India. Get more information on Commodities, Oil, Silver, Gold Prices, Copper and Commodity Market India.
India’s Gold Imports Hit 2-Year Low: Gold Up or Down?
Gold Silver Reports – In a relief to the government, India’s Gold imports are likely to reduce to over two-year low in February . Industry experts told Reuters that surge in prices and hopes of import tax cuts are what keep the buyers away.
Asian Stocks Up on Commodity Recover
Gold Silver Reports → Asian shares rose to a seven-week high on Tuesday as investors took heart from signs of life in battered energy and commodity markets while European currencies are hampered by worries Britain could exit the European Union.
Crude Oil Prices Slip After Posting Strong Gains
Gold Silver Reports → Crude Oil Prices Slip After Posting Strong Gains the previous session on the back of an expected drop in U.S. production, but which analysts expect to be countered by rising output from Iran.
Union Budget 2016-17; India to Finalise on Gold Board
Gold Silver Reports → India in a bid to curb the ever growing greed for gold is boosting the reforms on Gold. The government has convened a meeting on Monday to finalize on National Bullion Board and gold spot exchange.
US Production is Hit An All-Time High of 14.2 mb/d
Gold Silver Reports → Global oil supply growth is plunging as an extended period of low prices takes its toll, the International Energy Agency (IEA) said in its annual Medium-Term Oil Market Report (MTOMR) released today.
Gold Again on Earth 2 Percent on Stronger $Dollar
Gold Silver Reports → Gold fell as much as 2 percent on Monday as the dollar strengthened and investor appetite for risk increased,
Gold Spot had Fallen 0.3 Percent to $1223.70 An Ounce
Gold Silver Reports → Gold eased for a second straight session on Monday as the dollar edged higher, but the metal remained underpinned above $1,200 an ounce as caution in financial markets prompted investors to channel oney into bullion.
Crudeoil Prices Weak on Over-Production
Gold Silver Reports → Crudeoil prices clung to steep losses in early Asian trading on Monday as production outpaces demand and U.S. crude stocks swelled to record levels.
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