Crude Oil prices extended last week’s losses on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern Iraq.
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Before making new deals, some stability is being awaited in the gold and silver market
Gold prices remained volatile in the last week, surging overall by Rs 900/10 grams on MCX as Gold April futures contracts opened flat today at Rs 85,970 per 10 grams. The prices were down by 0.05% or Rs 40 on Monday.
Crude Oil dips on pending Kurdistan supply resumption
Crude Oil prices slipped in early trade on Monday, extending losses from last week, on the prospect of a resumption of exports from Kurdistan’s oilfields, while investors awaited clarity on talks to end Russia’s war on Ukraine.
Silver Prices Rebound on Trade Tensions
Silver prices recovered from the previous session’s decline to $33 an ounce on Thursday, as trade and geopolitical uncertainties boosted demand for the safe-haven metals.
Gold rises as Trump tariff uncertainty fuels safe-haven demand
Feb 19, 2025 (Gold Silver Reports) – Gold prices rose over 1% on Tuesday as concerns over economic growth, due to uncertainty surrounding U.S. President Donald Trump’s tariff plans, prompted safe-haven flows into bullion.
Neal Bhai suggests buying silver between Rs 94,900-94,500
MCX Silver March futures contracts opened higher on MCX by 0.31% or Rs 300 at Rs 95,880/kg. The same has surged by Rs 1,300/kg in the last one week.