Commodities

Even though the region is not a major producer of oil and is unlikely to impact supply in the short term, it can eventually have an impact if the war.

Oil prices jumped more than $4 a barrel in early Asian trade on Monday, as dramatic military clashes between Israeli and Hamas forces over the weekend deepened political uncertainty across.

Spot gold jumped 1.2% to $1,853.79 per ounce by 0621 GMT, having hit its highest level in a week. U.S. gold futures climbed 1.2% to $1,867.80. Gold prices climbed more.

High oil prices can remain a problem if large liquidity remains in the market even after the interest rate hikes by central banks, Minister of Petroleum and Natural Gas Hardeep.

Gold Rate Today, Gold Price in India on October 11, 2023: Gold October futures were trading at Rs 57670 per gram, up Rs 41, or 0.07% on the Multi Commodity.

While Israel produces very little crude oil, markets worried that if the conflict escalates it could hurt Middle East supply and worsen an expected deficit for the rest of the.

Brent crude fell 30 cents, or 0.3%, to $87.85 a barrel by 0330 GMT, while U.S. West Texas Intermediate crude eased 31 cents, or 0.4%, to $86.07 a barrel. Oil.

Gold Rate Today, Gold Price in India on October 10, 2023: Gold prices continued to rise on Tuesday. On the Multi Commodity Exchange, gold October futures were trading at Rs.

(Reuters) – The European Union is planning to announce anti-subsidy investigations against Chinese steelmakers at a summit with the United States this month, the Financial Times reported on Tuesday. Brussels.

Meanwhile, concerns remain whether Saudi Arabia and Russia will extend their output cuts beyond December which can further inject a spiraling effect in crude oil prices. By Arunima Bharadwaj India’s.