Commodities

Commodities News

Gold Price Today, 14 August: MCX gold slips marginally; support at Rs 58670-58450, resistance at Rs 59210-59480

Gold Rate Today, Gold Price in India on 14 August 2023: MCX Gold prices slipped marginally on Monday. On the Multi Commodity Exchange, gold October futures were trading at Rs.

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Commodities News

Govt to offload 0.3 MT onion in open market

Disposal of onion is likely to take place through e-auction and retail sales on e-commerce platforms. To curb price rise, the government on Friday announced sale of 0.3 million tonne.

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Commodities News

Gold sees heightened volatility, supported by US CPI; trend neutral to negative, assume longs at Rs 58,000

Following the US inflation number, gold sees volatility, supported by a US consumer price index. The next support zone for MCX gold is Rs 58,000. By Bhavik Patel Gold and.

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Commodities News

Gold Price Today, 11 August: Gold falls on strong US dollar, bond yields; traders eye US CPI data

Gold Rate Today, Gold Price in India on 11 August 2023: MCX Gold prices fell on Friday. On the Multi Commodity Exchange, gold October futures were trading at Rs 58,780.

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Commodities News

Oil up on record demand forecast, 7th straight weekly gain

By Shariq Khan BENGALURU (Reuters) -Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week.

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Commodities News

Oil prices dip on surprise U.S. inventory build, weak China inflation

Investing.com — Oil prices fell slightly in Asian trade on Wednesday as data pointed to a large weekly build in U.S. inventories, while weak economic signals from major importer China.

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Commodities News

Gold prices hit 1-mth low, copper sinks as risk-off favors dollar

Investing.com — Gold prices steadied near one-month lows on Wednesday as worsening market sentiment and the prospect of more Federal Reserve rate hikes pushed investors into the dollar. Copper prices.

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Commodities News

Gold Price Today, 09 August: MCX gold gains 0.16%; support at Rs 59020-58840, resistance at Rs 59490-59610

Gold Rate Today, Gold Price in India on 09 August 2023: Gold prices bounced back on Wednesday from one-month lows hit in the previous session. On the Multi Commodity Exchange,.

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Commodities News

Oil prices rally as market wakes up to fundamentals; recession fears ebb, supply seen tightening

MCX crude is in an overbought zone, its support emerged around Rs 6500. Whereas, oil prices rallied, backed by fundamentals. By Bhavik Patel After remaining range-bound for much of the.

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Commodities News

Crude oil prices set for sixth weekly gain as producers pledge output cuts

Brent crude futures for October rose 10 cents, or 0.1%, to $85.24 a barrel by 0330 GMT, while U.S. West Texas Intermediate crude for September rose 17 cents, or 0.2%,.

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