Oil prices rose on Tuesday, helped by positive news about vaccine trials and a European Union stimulus deal reaching levels last seen when an oil price war erupted in early March between Russia and Saudi Arabia.
Russia
Crude Oil Plunges to Lowest Since 2017 After Russia Rejects Steep OPEC Cut
Russia balked at OPEC’s proposed steep production cuts to stabilize prices. A Russian high-level source told Reuters that Moscow would not back a call for extra reductions in oil output and would agree only to an extension of existing cuts by the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+.
Russian Jan-March Gold Output – Gold Silver Reports
Gold Silver Output January – March Month
Russian Jan-March Gold Output @ 58.12 Tonnes, Silver Output @ 223.28 Tonnes – Russian Finance Ministry
MCX Gold Silver Trading Tips Rocking High 31408 – Advance Buy Call Hit – Rona Mana Hai
डब्ल्यूजीसी (WGC) के मार्केट इंटेलिजेंस के प्रमुख एलिस्टेयर हेविट के अनुसार कई देशों के सेंट्रल बैंकों की तरफ से गोल्ड की भारी डिमांड (gold demand) है। इनका मानना है कि चालू वित्तीय वर्ष में कई देशों की तरफ से गोल्ड की मांग (gold demand) बनी रहेगी।
Central Banks Buy Gold 145.5 Tons in First Quarter: World Gold Council
Central Banks Buy Gold 145.5 Tons in First Quarter, a 68 percent increase from a year earlier, the World Gold Council said Thursday in a report. Russia or China remains the largest buyer as the nation reduces its U.S. Treasury holdings as part of a de-dollarization drive.
World’s Central Banks Want More Gold – Gold Silver Reports
India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top economies diversify their reserves.