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  • Gold prices were trading higher on Friday, but were set for a third weekly fall, weighed down by hawkish signals from the Federal Reserve officials.

  • Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of its next scheduled meeting if the Omicron variant hits demand, but prices were still on course for a sixth week of declines.

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  • Gold was set for a third straight weekly drop on Friday, weighed down by signals from Federal Reserve officials that the central bank could end its pandemic-era asset purchases and raise interest rates faster than expected to combat surging inflation.

  • Gold price in the international market beat a hasty retreat as investors latched on to seemingly hawkish remarks from the US Federal Reserve chair, erasing gains from more than a one percent rally fuelled by concerns over the Omicron coronavirus variant.

  • Petrol and diesel prices remained unchanged for the 27th consecutive day on December 1 after the Central government cut the excise duty to bring down retail rates from record highs, according to a price notification of state-owned fuel retailers.

  • Oil prices climbed on Tuesday, extending a rebound from last week's plunge on growing expectations major producers would pause plans to add crude supply in January amid uncertainty over the severity of the Omicron coronavirus variant.

  • Gold prices were flat on Tuesday, as cautious investors assessed the extent to which the Omicron coronavirus variant could hurt the global economy.

  • Gold in the national capital on Thursday rose by Rs 65 to Rs 46,012 per 10 gram in line with a jump in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 45,947 per 10 gram.

  • Industry body Soyabean Processors' Association of India (SOPA) has strongly opposed the demand of the poultry industry for extension of shipment period for import of soyameal, a by-product of soybean processing for manufacturing oil, upto March 31, 2022.

  • Oil prices rebounded on Monday as investors looked for bargains after Friday’s slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.

  • Chrysus, the Greek god of gold, beamed on Monday as the fifteenth letter of his alphabet joined the pandemic lexicon, stoking fears of a more potent omicron coronavirus variant and, driving in turn, the safe-haven appeal for the yellow metal.

  • The UK-based Cotton Outlook has scaled up its estimate for global production in 2021- 22 (Aug-Jul) by 97,000 tn to 26.0 mln tn, the agency said in its November report. Crude oil prices plunged 6% to multi-week lows in the domestic as well as the international market today as concerns about the new strain of COVID-19 in South Africa weighed on the demand outlook.

  • Petrol and diesel prices remained unchanged for the 24th consecutive day on November 28 after the Central government cut the excise duty on the two fuels to bring down retail rates from record highs, according to a price notification of state-owned fuel retailers.

  • Brent crude futures extended declines for a third session, falling $3.16, or 3.8%, to $79.06 a barrel by 0733 GMT. U.S. West Texas Intermediate (WTI) crude was down $3.45, or 4.4%, at $74.94 a barrel. There was no settlement for WTI on Thursday because of the Thanksgiving holiday.

  • Risk of another wave of Covid pandemic, thanks to a mutation detected in South Africa, increased the appeal of bullion counters on Friday as investors took a flight from risky assets

  • Oil NSE -2.41 % prices slid more than 1% on Friday on concerns that a global supply surplus could swell in the first quarter following a coordinated release of crude reserves among major consumers, led by the United States.

  • Gold was set for its worst week in five months, as bullion prices were hammered by increasing bets that the U.S. Federal Reserve would accelerate the pace of stimulus tapering and raise interest rates sooner to curb rising inflation.

  • Gold prices edged up on November 24 in global markets, although strength in the US dollar and bets that the Federal Reserve could raise interest rates sooner kept the metal below the key $1,800-mark. Investors are betting that the newly-re-nominated Fed Chairman Jerome Powell will need to step up the pace at which the central bank normalizes monetary policy to better grapple with surging consumer prices.

  • Oil prices fell on Wednesday as the U.S.-led coordinated release of stocks from strategic reserves eased concerns over tightness in global supply, while investors took profits from the previous day’s rally ahead of the U.S. Thanksgiving holiday.

  • Petrol and diesel prices remained unchanged for the 20th consecutive day on November 24 after the Central government cut the excise duty on the two fuels to bring down retail rates from record highs, according to a price notification of state-owned fuel retailers.

  • Gold prices edged up on November 23 but hovered close to their lowest level in more than two weeks, hit in the previous session, as the dollar gained on US President Joe Biden's nomination of Federal Reserve Chair Jerome Powell for a second term.

  • Oil prices dropped on Tuesday, reversing gains in the previous session, on growing talk the United States, Japan and India will release crude reserves to tame prices despite the threat of demand faltering as COVID-19 cases flare up in Europe.

  • The Chhattisgarh government decided to reduce Value-Added Tax (VAT) on November 22 on petrol and diesel by 1 percent and 2 percent, respectively, nearly three weeks after the central government cut excise duties on the two fuels. With this, the price of petrol will come down by 70 paise and that of diesel by Rs 1.36 in the state.

  • Japanese and Indian officials are working on ways to release national reserves of crude oil in tandem with the United States and other major economies, but the timing of such a release remains unclear, seven government sources with knowledge of the plans told Reuters.

  • Gold prices stabilised on November 22 after hitting their lowest in nearly two weeks, as a retreating dollar lent some support to the metal. A hike in interest rates should reduce bullion’s appeal as higher rates raise the non-interest bearing metal’s opportunity cost.

  • Crude oil fell to seven-week lows on Monday, extending declines after the previous session’s slide, on concerns about excess supply after Japan said it was weighing releasing oil reserves and over demand from a worsening COVID-19 situation in Europe.

  • Gold prices stabilised on Monday after hitting their lowest in nearly two weeks, as a retreating dollar lent some support to the metal.

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  • Gold prices edged up on Thursday, as the dollar eased and U.S. bond yields retreated from a three-week high, lifting bullion's appeal. Spot gold rose 0.1% to $1,869.45 per ounce by 0046 GMT, after hitting a fresh over five-month peak on Wednesday. U.S. gold futures gained 0.1% to $1,871.50.

  • U.S. oil (NSE -3.07 %) was under pressure on Thursday, adding to an overnight plunge on a Reuters report that the United States was asking major oil consumers like China and Japan to consider a coordinated release of oil reserves to lower prices.

  • A committee constituted by Sebi has reached a unanimous decision to let foreign portfolio investors invest in listed futures contracts of 'non-sensitive commodities'.

  • Gold prices inched higher on November 17 but hovered around a recent low after a jump in US retail sales kept the dollar close to a 16-month high. On the Multi-Commodity Exchange (MCX), the gold contracts were up 0.14 percent to Rs 49,109 for 10 grams at 9.45 am. Silver futures gained 0.28 percent to Rs 66,419 a kilogram.

  • Oil prices dropped on November 17 after US gasoline stocks fell more than expected last week, which could heighten pressure on the Biden administration to release oil from emergency reserves to cap soaring gasoline prices.

  • After 13 days of excise duty cut on petrol and diesel by the Central government, the Rajasthan government on November 17 announced to slash value-added tax (VAT) to make the two fuels cheaper by Rs 4 per litre and Rs 5 per litre, respectively, from midnight

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  • Gold prices eased on Monday, pulling back from a more than five-month peak hit in the last session, as a firm dollar dimmed its appeal. Spot gold fell 0.3% to $1,857.96 per ounce by 0154 GMT, while U.S. gold futures dropped 0.4% to $1,860.50 per ounce.

  • Crude oil prices skidded on Monday, under pressure from expectations of higher supplies and weakening demand. Brent crude futures fell 58 cents, or 0.7%, to $81.59 a barrel, as of 0151 GMT. U.S. West Texas Intermediate (WTI) crude lost 58 cents, or 0.7%, to $80.21 a barrel.

  • Gold prices neared a five-month high touched in the previous session, after strong US consumer price data prompted a rush into the precious metal seen as a hedge against inflation. On the Multi-Commodity Exchange (MCX), the gold contracts were down 0.17 percent to Rs 49,132 for 10 grams at 10:16 am. Silver futures were marginally down 0.08 percent to Rs 66,913 a kilogram.

  • Oil prices drifted lower on Friday, wiping out gains from the previous session, as the dollar continued to rise on bets the U.S. central bank will bring forward plans to raise rates to tame inflation.

  • Gold was flat on Friday but was set for its biggest weekly jump in six months, as high U.S. consumer prices drove interest in the metal as an inflation hedge.

  • Petrol and diesel prices remained unchanged for the eighth consecutive day on November 12 after the Central government cut the excise duty on the two fuels to bring down retail rates from record highs, according to a price notification of state-owned fuel retailers.

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  • Gold prices were unchanged in Tuesday's session as a weaker US dollar offset firm bond yields.
    Gold futures on MCX were trading lower by 0.04 per cent or Rs 18 at Rs 48,000 per 10 grams. Silver futures were down 0.18 per cent or Rs 114 at Rs 64,767 per kg.

  • Oil NSE -0.22 % prices rose for a third session on Tuesday as the passage of a U.S. infrastructure bill, Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand

  • Gold prices were steady on Tuesday, consolidating near a two-month high scaled in the previous session, as a weak dollar NSE -0.62 % offset firm U.S. bond yields.

  • Ravi Singh, Vice President & Head of Research, Share India said it is 'Dhanteras' today, a significant Hindu occasion, when people usually purchase gold and silver in the form of jewellery and utensils.

  • Gold prices eased on Tuesday as a firmer dollar made bullion less appealing for holders of other currencies, while investors eyed a pivotal U.S. Federal Reserve policy meeting amid growing concerns over a sustained bout of inflation.

  • Oil NSE  prices rose on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, while the world's top oil consumer China ramped up operating rates to meet a spike in diesel demand.

  • Farmers have sown rabi crops in the country across 4.33 mln ha as of Friday, up 1.8% from a year ago, according to agriculture ministry data. The area under rabi pulses was down nearly 23% from a year ago at 970,000 ha, the data showed. 

  • Oil prices fell on Monday after China said it released reserves of gasoline and diesel to boost supply, while investors unwound long positions ahead of an OPEC+ meeting on Nov. 4. China released reserves of the two fuels to increase market supply and support price stability in some regions, the National Food and Strategic Reserves Administration said on Sunday.

  • Petrol prices increased by 31 to 36 paise per litre while diesel prices surged by 34 to 39 paise per litre across the country on November 1, according to price notification from state-owned fuel retailers. The fifth consecutive increase that follows the unrelenting hike in international oil prices has pushed the pump rates across the country to their highest-ever levels.

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  • Gold prices declined in the domestic markets, bucking the global trend. At the international level, the yellow metal was set to mark its straight third weekly gains.

  • Demand for gold may have dropped 7% globally during the July-September quarter, but there was no dent in purchases of the yellow metal in India, rising 47% to over 139 tonnes by volume.

  • Oil NSE 2.06 % prices were mixed on Friday, but headed for their first weekly losses in at least eight weeks after U.S. oil stocks rose more than expected, and Iran flagged it was resuming talks with Western powers which could lead to an end to sanctions.

  • The country's overall demand stood at 94.6 tonnes during the September quarter of 2020, the WGC's Q3 Gold Demand Trends 2021 report said, adding that in terms of value, India's third quarter gold demand went up by 37 per cent to Rs 59,330 crore, compared to Rs 43,160 crore a year ago.

  • Oil prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after official figures showed a surprise jump in U.S. inventories of crude. Brent crude dropped $1.36, or 1.6%, to $83.22 a barrel by 0130 GMT, a two-week low, having declined by 2.1% in the previous session.

  • Petrol and diesel prices increased for the second consecutive day to touch an all-time high across the country on October 28, according to a price notification of state-owned fuel retailers. With the latest revision of 35 paise a litre, the price of petrol in Delhi crossed Rs 108-mark on the day. The fuel rose to its highest-ever level of Rs 108.29 a litre.

  • Global financial major Goldman Sachs expects Brent crude oil NSE 1.00 % prices to reach $110-per-barrel by next year, a 30% jump from the current levels of $85/bbl. Oil analysts at Goldman Sachs say that the global demand-supply mismatch.

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  • In the spot market, the highest purity gold was sold at Rs 48,171 per 10 grams while silver was priced at Rs 65,453 per kg on Tuesday, according to the Indian Bullion and Jewellers Association.

  • Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in the United States, the world's largest oil consumer. 

  • Precious metals have gained their mojo back ahead of the busy festive season. In the bullion market, silver outperformed gold recently.

  • The September quarter results of Hindustan Zinc (HZL; CMP: Rs 322; Market Capitalisation: Rs 1,36,225 crore) were almost in line with Street expectations. Zinc prices have seen a sharp increase of 14 percent in October compared to the September average quarterly price of $3016.

  • Brent crude futures rose by 81 cents, or 1 per cent, to $86.34 a barrel, following on from last Friday's 1.1 per cent gain. Earlier on Monday they touched $86.43, the highest price since October 2018.

  • Gold prices held steady on Monday after cutting gains in the prior session on U.S. Federal Reserve chief Jerome Powell's comment that inflation could ease next year and the central bank was on track to start tapering its stimulus. 

  • : Gold inched higher and was poised for a second weekly gain on Friday. Softer dollar provided some respite against higher US bond yields.

  • Gold inched higher and was poised for a second weekly gain on Friday, as a softer dollar NSE -2.24 % provided some respite against higher U.S. bond yields and rising expectations that central banks could begin easing economic support.

  • Oil prices resumed their climb on Friday on continued tightness in U.S. supply, but were headed for a flat finish on the week as coal and gas prices eased, curbing fuel-switching which had stoked demand for oil products for power.

  • The subscription period for 2021-22 Series-VII will be October 25-October 29, and bonds will be issued on November 2, the finance ministry said in a statement.

  • Gold prices traded firm on Thursday as the yellow metal extended its gain. A softer dollar made gold cheaper for buyers holding other currencies. Concern on rising inflation is prompting buying interest in hard asset metals.

  • Oil NSE -5.65 % prices rose on Thursday to extend gains from the previous session as U.S. crude and fuel inventories tightened further, with supplies of gasoline hitting a two-year low, pointing to strong demand.

  • Oil prices turned down after the Chinese government flagged it was looking for ways to tame record high coal prices and that it would ensure coal mines operate at full capacity as Beijing moved to ease a power shortage.

  • Gold prices edged lower on Wednesday as surging U.S. bond yields dented the metal's appeal and bets for upbeat corporate earnings lifted risk-on sentiment.

  • Gold demand is likely to be more subdued than expected in 2021, following India's prolonged battle with Covid-19, said the World Gold Council (WGC). There is a possibility of a rebound in gold demand next year, it said, although any future outbreaks could create further uncertainties.

  • Bullion prices traded higher on Tuesday with spot gold prices at COMEX half a percent up near $1,774 per ounce while spot silver prices at COMEX rose by more than 1% near $23.45 per ounce. Bullion prices gained supported by weaker dollar and a fall in US bond yields.

  • After the sharp profit booking, the outlook for gold is still positive and investors are advised to go long on every correction in gold futures, said Ravi Singh, Vice President & Head of Research at ShareIndia.

  • The Centre had procured 5.6 mln tn of paddy as of Sunday in the 2021-22 (Oct-Sep) kharif marketing season, according to an official release. The production of sugar by mills in Brazil's centre-south region fell by 21.5% on year to 2.25 mln tn during Sep 16-30, the country's sugarcane industry association--known by its Portuguese acronym UNICA--said in a report.

  • Petrol and diesel prices remained unchanged for the second consecutive day on October 19 after scaling at record highs across the country, according to a price notification by state-owned fuel retailers.

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  • Oil prices rose on Thursday, reversing previous losses, on expectations that high natural gas prices as winter approaches may drive a switch to oil to meet heating demand needs.

  • Gold prices hovered near a one-month peak on Thursday as the dollar and longer-dated Treasury yields retreated from recent highs following hotter-than-expected U.S. inflation data.

  • India’s coal shortage crisis reflects the precipitous decline in coal inventory at power generation plants, with NTPC  inventory declining to 3-4 days, compared with the 21-day norm. Concerns have permeated across the country, worrying industrial as well as agri-dominated states

  • Gold prices edged up marginally on Tuesday. The dollar held firm, which hovered near a year's high, on expectations that the Federal Reserve will announce a tapering of its bond purchases next month.

  • Oil prices fell for the first time in four days on Tuesday, taking a breather, analysts said, after weeks of gains fuelled by a rebound in global demand that is contributing to energy shortages in economies from Europe to Asia. Brent crude was down 26 cents, or 0.3%, at $83.39 a barrel at 0211 GMT, after touching three-year

  • Gold traded flat in early Asian trade on Tuesday as the dollar held firm on expectations that the Federal Reserve will announce a tapering of its bond purchases next month. Spot gold was unchanged at $1,753.77 per ounce by 0123 GMT, while U.S. gold futures were little changed at $1,754.90.

  • Oil prices rose on Monday, extending multiweek gains, amid supply restraint from major producers and growing demand for fuels as economies try to recover from the coronavirus pandemic.

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  • Gold prices were flat on Monday as the bullion was caught between a dip in the dollar and fears that the U.S. Federal Reserve would start paring stimulus this year despite weak jobs data.

  • MCX Gold Dec futures remained in a sideways trend ahead of today’s non-farm payrolls report. The yellow metal is still hovering near its higher end of the downward sloping trend channel resistance at Rs 47,000.

  • The regulator has asked the agricultural commodity exchange not to allow any new position in respect of the running contracts but only squaring up of position.

  • Gold prices edged higher on Friday but were stuck in a narrow range. Investors moved to the sidelines ahead of a US payrolls report that is expected to provide clues on the Federal Reserve's tapering timeline.

  • Gold’s traditional role as a hedge against inflation has faltered all year, but growing risks that the global recovery could stall as price pressures rise may signal a turnaround for the precious metal.

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  • Oil prices rose on Friday, tracking towards a 4.2% gain for the week on signs some industries have begun switching fuel from high priced gas to oil and on doubts the U.S. government would release oil from its strategic reserves for now.

  • Withdrawal of southwest monsoon from some parts of west Rajasthan and some parts of Gujarat begun against the usual date of Sep 17, India. Meteorological Department said in a release. India's non-basmati rice exports during Apr-Aug rose over 66% on year to 6 6 mln tn

  • Following global markets and a firm dollar, gold prices inched lower on Thursday in the domestic market. Investors moved to the sidelines ahead of a US payrolls report that is expected to provide clues on the Federal Reserve's tapering timeline.

  • In the past two decades, the benchmark Nifty has rallied in six out of the nine times when crude prices ran up. In the month after the rally, the stock benchmark gained on five out of the nine times. The losses on three out of the four times have been less than 2%.

  • Gold prices inched lower on October 6 as a firmer dollar and a rise in US Treasury yields weighed on the precious metal’s appeal amid an increasing focus of investors on non-farm payrolls data due later this week.

  • Fuel prices kept on breaking records with petrol being raised by 26 to 30 paise and diesel by 34 to 37 paise across the country on Wednesday on the back of crude oil soaring to 2014 highs in the international markets.

  • Brent crude prices also climbed for a fourth day on the supply anxiety, particularly after the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, decided on Monday to say with their planned output increase rather than boosting it further.

  • State-run Coal India Ltd on Tuesday said its board has approved a pre-feasibility report for setting up an integrated aluminium project in Odisha. The miner, in December last year, had got in-principle approval for venturing into aluminium and solar sectors and creation of special purpose vehicles.

  • Gold prices hit a near two-week peak on Monday, as a weaker dollar offset bets that the U.S. Federal Reserve could begin tapering its pandemic-era asset purchases soon. Spot gold rose 0.2% to $1,764.60 per ounce by 0112 GMT

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  • Oil fell on Monday ahead of an OPEC+ supply policy meeting that may decide whether a recent rally in prices can be sustained as the world fitfully recovers from the COVID-19 pandemic. Brent crude was down 24 cents or 0.3% at $79.04 per barrel 

  • Petrol price in Delhi was increased to its highest ever level of Rs 102.39 per litre and diesel rates too touched a record high of Rs 90.77 per litre on October 3. The prices remained the same on October 4 in the national capital.

  • Gold prices eased on Friday after rallying to a one-week high above the key $1,750 level in the previous session, as the dollar rebounded and made the metal expensive for holders of other currencies.

  • The BSE will seek the market regulator's approval next week to introduce electronic gold receipts (EGRs) on its platform before Dhanteras, an important day for gold trade as it is considered to be auspicious to purchase the metal.

  • The government hiked by 62 per cent the price of natural gas that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for household kitchens.

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  • Gold prices were trading little higher on Thursday in the domestic market, following global cues. However, the yellow metal hovered near a seven-week low as a stronger dollar and taper expectations weighed on sentiments.

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  • Gold prices inched up on Thursday but hovered near a seven-week low, constrained by a strong dollar and expectations of the U.S. Federal Reserve winding down stimulus measures soon. 

  • Oil prices fell on Thursday, extending losses after official figures showed an unexpected rise in inventories in the United States although prices seem to have stabilised following a recent run of gains. 

  • Gold prices were flat near a seven-week low on Wednesday, pressured by a rise in the dollar and U.S. Treasury yields on growing expectations of an earlier-than-anticipated interest rate liftoff. 

  • The board of markets regulator Sebi on Tuesday gave its nod to start a gold trading platform on which the yellow metal could be traded in electronic form, called electronic gold receipts (EGRs)

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  • State-run fuel retailers raised prices of diesel by 25 paise per litre and of petrol by 20 paise per litre on Tuesday. In Delhi, diesel now costs Rs 89.57 and petrol Rs 101.39 per litre.

  • Gold prices eased on September 28, hurt by a stronger dollar and rising US Treasury yields, while investors awaited more cues from Federal Reserve officials on the central bank's monetary policy shift.

  • Petrol price increased by 19 to 25 paise per litre across India on September 28 as international oil prices have soared to a three-year high. This was the first increase in the fuel price after July 17, according to a price notification by state-run oil companies.

  • In the spot market, highest purity gold was sold at Rs 46,274 while silver was priced at Rs 60,410 on Friday, according to the Indian Bullion and Jewellers Association.

  • Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. Brent crude was up $1.14 or 1.5% at $79.23 a barrel by 0208 GMT.

  • Gold prices edged higher on Monday as persistent concerns over the fate of debt-laden property giant China Evergrande and its broader impact bolstered the precious metal's safe-haven appeal. Spot gold rose 0.5% to $1,757.79 per ounce by 0127 GMT, while U.S. gold futures were up 0.3% at $1,757.30.

  • Gold prices edged higher on Friday after falling more than 1% in the previous session, helped by a subdued dollar, although Federal Reserve's plans on reducing stimulus to the U.S. economy kept the bullion on track for a third straight week of declines.

  • Oil prices rose for a fourth day on Friday, taking Brent towards three-year highs, as investors focused on tighter supplies amid strong appetite for riskier assets like crude and high hopes for recovery from the pandemic.

  • Gold prices were flat amid rising uncertainties triggered by China Evergrande's debt crisis and anticipation of policy cues from the U.S. Federal Reserve on its timeline for reducing stimulus for the world's largest economy.

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  • Oil prices rose around 1% extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves.

  • After having fallen in the early session of yesterday, MCX Gold Oct futures found support near Rs 45,800 as it rose above last Friday's highs of Rs 46,200. On the daily charts, the price formed a bullish engulfing candlestick pattern, which could restrict the downside.

  • Oil prices rose on Tuesday as analysts pointed to signs of US supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a crisis at heavily indebted property group China Evergrande.

  • Gold prices declined on Monday, hitting multi-week lows. Markets are closely watching the US Federal Reserve meeting this week for clues on when the central bank will start tapering its crisis-era stimulus measures.

  • Gold prices inched lower on Monday, pressured by a firmer dollar, while investors awaited guidance from the US Federal Reserve on when it is likely to start withdrawing its bond-buying programme.

  • Oil prices fell on Monday, extending losses from Friday after the US dollar jumped to a three-week high and the US rig count rose, although nearly a quarter of US Gulf of Mexico output remained offline in the wake of two hurricanes.

  • Gold traded lacklustre while silver was up with mild gains in early trade in the domestic futures trade on September 17 in light of weak global cues. In the previous session, gold and silver prices fell after upbeat US economic data and strength in the dollar index.

  • The Solvent Extractors' Association of India has requested the government to refrain from placing edible coconut oil packets of less than 1,000 ml under the 18% tax slab of the goods and services tax, when the GST Council meets on Friday.

  • Oil prices barely moved on Friday even as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, with benchmark contracts on track to post weekly gains of around 4% as the output recovery is seen lagging demand.

  • The petrol and diesel prices remained unchanged for the twelfth consecutive day on September 17, according to a price notification by state-run oil companies. Petrol price in Delhi was last cut to Rs 101.19 a litre and diesel to Rs 88.62 per litre. The prices remained the same on September 16 in the national capital.

  • Gold prices traded steady on Thursday as investors await signals on Federal Reserve's timeline for tapering pandemic-era stimulus measures after softer than expected US inflation data.

  • Brent crude oil fell 13 cents, or 0.2%, to $75.33 a barrel by 0128 GMT, after settling up 2.5% the previous day. US West Texas Intermediate (WTI) crude slipped 12 cents, or 0.2%, to $72.49, after settling 3.1% higher.

  • Spot gold was little changed at $1,792.86 per ounce by 0116 GMT. Prices fell 0.6% on Wednesday, its biggest one-day decline in a week as US Treasury yields ticked higher.

  • Gold prices edged lower on Tuesday as a stronger dollar crimped bullion's appeal ahead of US inflation data that could offer cues on the possible timeline for the Federal Reserve's tapering.

  • Oil prices extended gains on Tuesday, hovering near a six-week high, on signs another storm could affect output in Texas this week even as the US industry struggles to return production after Hurricane Ida wreaked havoc on the Gulf Coast.

  • The diamond processing industry in Surat is facing an acute shortage of workers, at a time when the business is picking up after the lull caused by the pandemic. Around 125,000 migrant workers who had left Gujarat city, the hub of India’s diamond cutting and polishing industry

  • After a summer breather, the commodities the world relies on for construction, manufacturing, and keeping the lights on are surging again. Aluminum to steel have seen renewed rallies and European gas and power have hit fresh records

  • MCX Gold futures has dipped below the 20-day EMA support of Rs 47,250, suggesting a possible correction. The Bollinger band analysis on the daily charts suggests a consolidation phase as price is hovering around the midline of the band.

  • Gold prices traded steady, stuck in a narrow range, on Monday as the dollar held firm. Investors turned cautious ahead of the US consumer price reading in the week which may guide Fed policy.

  • Spot gold was flat at $1,787.40 per ounce, as of 0114 GMT, after having recorded a weekly decline of 2.1%. US gold futures fell 0.3% to $1,786.90.

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  • Brent crude rose 48 cents, or 0.7% to $73.40 a barrel, and US West Texas Intermediate (WTI) crude also added 49 cents, or 0.7%, to $70.21 a barrel. Both markets were at their highest since Sept. 3 earlier in the session.

  • Brent added 23 cents, or 0.32% to $72.83 a barrel at 0221 GMT and West Texas Intermediate (WTI) crude rose 15 cents, or 0.22%, to $69.45 a barrel.

  • Spot gold was unchanged at $1,789.39 per ounce by 0054 GMT, after touching its lowest level since Aug. 26 at $1,781.30 in the previous session.

  • The price of aluminium surged to its highest level in 13 years on Wednesday, with concerns about the effect of the coup in Guinea -- a major producer of raw material bauxite -- on already limited supply.

  • On the Multi Commodity Exchange, copper contracts for the September delivery eased by Rs 5.60, or 0.78 per cent, to Rs 710.60 per kg in a business turnover of 2,500 lots.

  • On the Multi Commodity Exchange, nickel contracts for the September delivery traded lower by Rs 7.10, or 0.48 per cent, to Rs 1,460.60 per kg with a business turnover of 1,631 lots.

  • The spot price of the yellow metal has gained about Rs 300 per 10 gram in the last one week, whereas silver has gained more than Rs 1,550 during the period under review.

  • Prices had hit a 2-1/2-month high last week following a disappointing US non-farm payrolls data. A strong jobs recovery is crucial for the central bank to start withdrawing its stimulus measures.

  • US West Texas Intermediate crude for October was at $68.88 a barrel, down 41 cents, or 0.6%, from Friday's close, with no settlement price for Monday due to Labor Day holiday in the United States.

  • The shortage comes at a time when domestic diamond exporters were looking forward to the holiday season since the recently concluded jewellery show at Las Vegas signalled good demand.

  • Gold futures on MCX were down 0.16 per cent, or Rs 74, at Rs 47,450 per 10 gram. Silver futures mildly gained 0.10 per cent, or Rs 66, at Rs 65,275 per kg.

  • Spot gold was steady at $1,826.65 per ounce, as of 0048 GMT. In the previous session, prices hit a peak since June 16 at $1,833.80. US gold futures eased 0.3% to $1,828.60.

  • Brent crude futures for November fell 57 cents, or 0.8%, to $72.04 a barrel by 0101 GMT while US West Texas Intermediate crude for October was at $68.73 a barrel, down 56 cents, or 0.8%.

  • Saudi Arabia cut oil prices for sales to Asia next month by more than twice the expected amount in a sign the world's largest crude exporter wants to entice buyers to take more of its barrels.

  • Gold eked out decent gains in India on Friday, following global trends. The yellow metal saw buying on the back of a weaker dollar. Investors are waiting for the US jobs data to gauge the Federal Reserve's plans to start tapering asset purchases.

  • A consortium of Indian state-owned oil firms, including ONGC and Indian Oil  are in preliminary talks with Rosneft for a stake in Russia’s massive Vostok project, according to people familiar with the matter.

  • Kishore Narne, head of commodities and currencies at Motilal Oswal, said gold acts as a hedge against inflations and, therefore, an exposure of 10% in a diversified investment portfolio adds value. 

  • Gold prices held steady on September 2 ahead of the US non-farm payrolls data that is crucial to the Federal Reserve's tapering plan, even as a private payrolls report missed expectations. On the Multi-Commodity Exchange (MCX), October gold contracts were trading marginally in the green, up 0.03 percent at Rs 47,080 for 10 grams at 0924 hours.

  • After a day of decline in petrol price by 10 to 15 paise across the country, the rates remained unchanged on September 2. Diesel prices were also not changed on the day, according to a price notification by state-run oil companies.

  • Silver prices dipped on September 1 on firm dollar, weakness in industrial metals and gold. The precious metal remained unchanged yesterday on the COMEX. The white metal traded in the red after a gap-down start in the afternoon session, tracking the subdued global trend.

  • Natural gas futures soared on September 1 as participants raised their bullish bets as seen by the open interest. The gas prices had risen 1.67 percent yesterday on the NYMEX. The energy commodity has traded in the positive territory since morning, tracking the bullish overseas cues.

  • Gold prices were flat in global markets ahead of a key US jobs report that analysts say could offer more clues on when the Federal Reserve might start reducing its stimulus measures. On the Multi-Commodity Exchange (MCX), October gold contracts were trading marginally in the green, up 0.05 percent at Rs 47,145 for 10 grams at 0924 hours.

  • After seven straight days of stability, petrol prices dropped by 10 to 15 paise across the country on September 1. The diesel price also decreased by 14 to 15 paise on the first day of the month. In Delhi, the petrol and diesel prices were cut by 15 paise each. With this revision, the petrol was sold at Rs 101.34 a litre, while the diesel was retailed at Rs 88.77 per litre in the national capital.

  • Natural gas futures were steady on August 31 after hitting a new 52-week high yesterday on the MCX as participants increased their long position as seen by the open interest. The gas prices had tumbled 1.9 percent yesterday on the NYMEX.

  • Soybean prices on Tuesday went up by Rs 47 to Rs 8,040 per quintal in futures market as traders created fresh positions tracking positive spot demand.

  • Coriander prices on Tuesday rose Rs 56 to Rs 8,242 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market.

  • MCX Gold futures failed to capitalize its gains and witnessed a decline on Monday. The appreciation of the rupee against the dollar has limited the upside in gold. Its resistance of 200-day EMA at Rs 47,600 is still in place

  • Gold in the national capital on Monday dipped Rs 199 to Rs 46,389 per 10 gram amid a correction in global precious metal prices along with rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,588 per 10 grams.

  • Copper prices on Monday traded up by 0.59 per cent at Rs 723.25 per kg in the futures market on the back of a pick-up in the spot demand. On the Multi Commodity Exchange, copper contracts for delivery in September traded higher by Rs 4.25, or 0.59 per cent

  • Nickel prices rose by 1.33 per cent to Rs 1,435 per kg in the futures trade on Monday as speculators built up fresh positions on rising demand from alloy makers in the spot market.

  • Zinc prices on Monday appreciated 0.29 per cent to Rs 245.90 per kg in the futures trade, mainly due to a firm spot demand. On the Multi Commodity Exchange, zinc contracts for the September delivery rose 70 paise, or 0.29 per cent, to Rs 245.90 per kg in 1,098 lots.

  • Guar gum prices on Monday gained Rs 21 to Rs 9,580 per five quintal in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery traded higher 0.22 percent

  • China's state reserves administration said on Friday it would sell off a total 150,000 tonnes of its strategic metal stockpiles via public bidding on Sept. 1, in its third round of auctions aimed at cooling high prices.

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  • Gold prices moved higher on Friday as investors awaited Fed chief Jerome Powell's speech at the Jackson Hole symposium after some US central bank officials called for paring bond purchases.

  • Gold prices were steady on Friday, as investors awaited Fed chief Jerome Powell's speech later in the day at the Jackson Hole symposium after some US central bank officials called for paring bond purchases.

  • Oil prices rose on Friday, on track to post big gains for the week, on worries about near term supply disruptions as energy companies began shutting in production in the Gulf of Mexico ahead of a potential hurricane forecast to hit on the weekend.

  • Silver prices on August 26 edged lower tracking a subdued trend in gold and dollar ahead of Fed chief Jerome Powell’s speech at the Jackson Hole symposium. The precious metal had fallen 0.5 percent yesterday on the COMEX.

  • Gold was trading flat in the Indian market on August 26, tracking muted tread in international spot prices as investors turned cautious a day ahead of US Federal Reserve chairman Jerome Powell’s speech at Fed's annual symposium at Jackson Hole.

  • Oil fell on Thursday for the first session in four amid renewed concerns about demand recovery as more restrictions are imposed to curb COVID-19 infections. Brent crude was down 45 cents, or 0.6%, at $71.80 a barrel by 0222 GMT, having risen 1.7% on Wednesday.

  • Natural gas futures soared as participants raised their bets as seen by the open interest. The gas prices had risen 2.4 percent yesterday on the NYMEX. The energy commodity traded in the positive territory after a gap-up start in the afternoon session, despite muted global cues.

  • India Gold MCX October futures trade flat-to-lower on Tuesday tracking muted trend seen in the international spot prices which were hovering near $1800 per ounce. Spot gold eased 0.2% to $1,801.78 per ounce, having jumped about 1.4% in the previous session. U.S. gold futures were little changed at $1,804.90.

  • CCL Products (CCL; CMP: Rs 367; Market Capitalisation: Rs 4,879 crore) has been in the business of processing green coffee and is one of the largest private label instant coffee manufacturers with plants in India, Vietnam and Switzerland. Despite the COVID hiccups, CCL was able to report growth. 

  • India received 4.7 mm rainfall yesterday, 42% lower than normal, said IMD. Rainfall was above normal in only one of the four regions in the country. Since Jun 1, the country has received 594.5 mm of rainfall, 9% below the normal of 652.5 mm for the period.

  • Petrol and diesel prices remained unchanged across the country on August 23, a day after they witnessed a marginal rate cut, according to a price notification by state-run oil companies. Petrol price in Delhi was cut to Rs 101.64 a litre and diesel to Rs 89.07 per litre on August 22. The prices remained the same the next day in the national capital.

  • Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, though lingering fears over how a surge in globalCOVID-19 cases might affect fuel demand combined with a firmer U.S. dollar to limit gains.

  • Crude oil prices declined on August 20 on demand worries due to surging cases of COVID-19 Delta variant amid a stronger US Dollar. Crude tumbled over 7 percent so far in the week pressured by slowing growth in China, uneven recovery in the US, and a selloff in equity indices post FOMC minutes.

  • Silver prices marginally fell on August 20 on concerns about demand, firm dollar and muted trend in gold. The precious metal had declined 0.8 percent yesterday on the COMEX. The white metal turned weaker in the afternoon trade after a gap-up start, tracking the subdued global cues.

  • The softening of global oil and product prices now reflects in the domestic prices as the retail price of diesel reduces further by 20 paise/liter in Delhi on Thursday.

  • Gold prices edged lower on Thursday on a firm dollar after policy meeting minutes showed U.S. Federal Reserve officials were largely on board to start easing bond purchases this year.

  • Crude prices extended their losses into a sixth day on Thursday, hovering near 3-month lows, hurt by growing fears over slower fuel demand amid a spike in COVID-19 cases worldwide while an unexpected rise in U.S. gasoline inventories added to pressure.

  • Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading flat  as international rates remained steady, hovering near an over one-week peak. On Multi Commodity Exchange, gold October futures were trading Rs 14 up at Rs 47,239 per 10 gram

  • Even as petrol and diesel prices in India have not been revised by OMCs for the last one month, more than half the country has petrol at over Rs 100-a-litre mark. Finance Minister Nirmala Sitharaman clearly stated that there will be no cut in excise duty on fuel as of now, saying the government has to pay for the oil bonds issued by the UPA government in the past. 

  • The National Commodity and Derivatives Exchange (NCDEX) on Monday launched the futures contract on NCDEX GUAREX, India’s first sectoral index in agri-commodities basket. NCDEX Guarex is a price-based index tracking the price movement in the futures contracts of underlying guar seed and guar gum refined splits on a real-time basis.

  • Finance Minister Nirmala Sitharaman on Monday remained non-committal on cut in excise duty on petrol and diesel, saying payments in lieu of past subsidised fuel pose limitations. Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the previous Congress-led UPA government.

  • Gold prices held near a week's high level on Monday. A plunge in US consumer sentiment allayed some concerns of an early tapering by the Federal Reserve.

  • Gold prices edged higher on Friday, underpinned by concerns over the rapid spread of the Delta coronavirus variant, although a resilient dollar capped gains and kept bullion on track for its second straight weekly decline.

  • The results of Coal India (CIL; CMP: Rs 145; Market Capitalisation: Rs 89,604 crore) for the June quarter were below Street expectations. Despite COVID-19, CIL was able to liquidate its inventories and reduce the receivables from the March levels.

  • Brent crude was down 31 cents, or 0.4%, at $71.00 a barrel by 0046 GMT, after dropping 13 cents in the previous session. U.S. crude was off by 33 cents, or 0.5%, at $68.76 a barrel, having fallen 0.2% on Thursday. The benchmarks are still heading for a slight gain this week.

  • Gold Rate Today, Gold Price in India on 12 August 2021: Gold prices were trading lower in India on Thursday, as global rates remained steady.

  • Petrol and Diesel Price Today in India: Petrol and Diesel rates on August 12 were left unchanged again. Mumbai’s petrol cost is the highest across metro cities, standing at a staggering Rs 107.83 per litre.

  • Besides, there is plan to provide an assured price to the farmers to be fixed at 150% of costs of production of oil palm, on the same pattern of minimum support price fixed for 21 kharif and rabi crops, sources said.