The price of gold (99.9 percent purity) was around Rs. 31,900/10 gm in the bullion market on October 5. The fear of a full-blown trade war between the US and China in the near future has pushed up the demand for gold, and its prices.
Commodity News
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Gold Silver Honeymoon Over, Gold Prices Down – Enjoy Watch Low 31210 – Neal Bhai
Gold Silver Honeymoon Over, Gold Prices Down – Enjoy Watch Low 31210 – Neal Bhai Neal Bhai Reports β 9582247600 β 9899900589
Gold Slides Alongside Equities as Dollar Climbs – Gold Silver Reports
Gold fell alongside equity markets on Monday partly in response to gains in the dollar which is benefiting from a run of strong U.S. economic data reinforcing expectations of further interest rate rises.
Why You Should Run And Buy Gold Now – Gold Silver Reports
LONG before we had wallets full of credit cards, even before we had the old βpaperβ money, the most common way to buy things was with gold.
Talks continue on U.S. steel and aluminum tariffs, Trudeau says
Talks continue on U.S. steel and aluminum tariffs, Trudeau says
Commodity Corner: Oil Prices Ease, Gold Rates Little Changed – Gold Silver Reports
Crude Oil:
Crude Oil prices fell from four-year highs reached the previous session, pressured by rising US inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. Brent crude oil futures were trading at $85.85 per barrel, down 44 cents, or 0.5%, from their last close. Brent on Wednesday hit a four-year high of $86.74 a barrel. US WTI crude futures were down 30 cents, or 0.4%, at $76.11 a barrel.
Saudi Arabia, Russia Agreed in September to Lift Oil Output, Told US – GSR
US President Donald Trump has blamed the Organization of the Petroleum Exporting Countries (OPEC) for high crude prices and called on it to boost output to bring down fuel costs before the US Congressional elections on 6 November.