Commodities

Commodities News

Gold Price Today, 30 August: Gold climbs on declining US yields, traders eye US GDP, Private payroll data

Gold Rate Today, Gold Price in India on 30 August: MCX Gold prices ascended on Wednesday. On the Multi Commodity Exchange, gold October futures were trading at Rs 59,325 per.

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US LNG projects win higher processing fees as interest rates climb

By Curtis Williams HOUSTON (Reuters) – Long-term buyers of U.S. liquefied natural gas (LNG) are willingly agreeing to higher liquefaction fees at newer export projects, according to analysts and developers.

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Indonesian nickel smelters turn to Philippines for ore as local supply tightens

By Mai Nguyen and Siyi Liu (Reuters) – Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with.

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Gold Price Today, 29 August: Gold rises on Dollar’s retreat; support at 58680-58490, resistance at Rs 59120-59310

Gold Rate Today, Gold Price in India on 29 August 2023: MCX Gold prices ascended on Tuesday. On the Multi Commodity Exchange, gold October futures were trading at Rs 58,981.

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Oil trades flat as supply concerns offset worries over demand

Brent crude was flat at $84.42 a barrel by 0335 GMT, while U.S. West Texas Intermediate crude shed 2 cents to $80.08. Oil prices traded flat on Tuesday as worries.

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Japan considering extending gasoline subsidies to year-end – sources

By Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is considering extending until year-end fuel subsidies to keep gasoline prices below 180 yen a litre, while working on a supplementary budget to.

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Oil futures up 1% to one-week high on soaring US diesel prices

By Scott DiSavino NEW YORK (Reuters) -Oil futures climbed about 1% to a one-week high on Friday as U.S. diesel prices soared, the number of oil rigs dropped and a.

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After four weeks, gold rebounds, saves $1,900/ounce; traders should short on every bounce

If the bull-run on the dollar continues, traders should short the yellow metal on every bounce. Investors exercised further caution as the Fed Chair reaffirmed his hawkish stance in the.

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Commodities News

Oil ticks higher after China moves to support flagging economy

Brent crude rose 22 cents, or 0.3%, to $84.70 a barrel by 0049 GMT while U.S. West Texas Intermediate crude was at $80.08 a barrel, up 25 cents, or 0.3%..

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China’s ‘aggressive behaviour’ in South China Sea must be challenged – U.S. Navy official

MANILA (Reuters) – China’s “aggressive behaviour” in the South China Sea, including the use of water canon by its coast guard against a Philippine vessel, must be challenged and checked,.

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