Gold prices were little changed in futures trade on Friday amid tepid demand by jewellers at the spot market.
Live Commodity News
Gold Slip to Near 5-Week Low as Dollar Trumps Euro Post ECB
Gold eased on Thursday as the dollar gained versus the euro after the European Central Bank postponed an interest rate hike, wiping out gains for bullion driven by the darkening global economic outlook.
US Retail Gasoline Prices Expected To Gain Says EIA
The US average retail price for regular gasoline on March 4, 2019, was $2.42 per gallon (gal), an increase of 11 cents/gal from the February average of $2.31/gal and 14 cents/gal lower than the price at the same time last year, according to a latest update from the EIA. Most of the fluctuation is the result of changes in crude oil prices.
Energy Market Report: MCX Crude Recovers In Asia
Crude oil recovered in Asia today after witnessing sustained losses yesterday The WTI Crude futures tested a low near $55.40 per barrel and edged up. The counter currently trades at $56.40 per barrel, up 0.30% on the day even as the global growth worries stayed in place. MCX Crude oil futures ended at Rs 3940 per barrel, down 1.70% on the day.
MCX Base Metal Blast – Lead – Aluminium – Zinc – Copper Boom Boom
MCX Base Metal Blast – Lead – Aluminium – Zinc – Copper Boom Boom BASE Metal Tips MCX Lead Above 140 Target 149—154, Buy on Dips – Base Metal MCX Aluminium Above 125 Target 138—142, Buy on Dips MCX Zinc Ready For Big Upside Target 198—202—212—216, Need Patience MCX Copper …
Gold Prices Fall By 60 Rupees
Gold prices fell by Rs. 60 to Rs. 34,530 per 10 grams at the bullion market on Tuesday reported news agency Press Trust of India (PTI).
Gold Prices Hold Above 34500 Rupees
Gold prices were flat at Rs. 34,590 per 10 grams on scattered demand while silver prices rose by Rs. 100 to Rs. 41,600 per kg in Delhi on Monday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
Asia Gold-India, Singapore Buyers Cash in on Slight Price Correction
Gold Silver Reports (GSR) – Physical gold market demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.
Goldman Sachs sees oil taking a fleeting trip to $70-$75 a barrel
Gold Silver Reports (GSR) – Crude Oil prices could potentially rise as much as 12% from current levels, though the rally may prove fleeting, according to Goldman Sachs Group Inc.
Gold Extends gains on Wedding Season Demand, Positive Global Cues
Gold extended gains for yet another week at the bullion market with prices rising by another Rs 140 to Rs 34,590 per 10 gram as local jewellers continued their buying activity to meet ongoing wedding season demand, coupled with positive cues from global markets.