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Crude oil futures trade steady, Brent inches towards $35/bbl levels

BUSINESS

Crude oil futures trade steady, Brent inches towards $35/bbl levels

In the futures market, crude oil for June delivery touched an intraday high of Rs 2,467 and an intraday low of Rs 2,372 per barrel on the MCX

Gold hits record high of Rs 47,861 per 10 gram, silver up Rs 3,000 per kg

BUSINESS

Gold hits record high of Rs 47,861 per 10 gram, silver up Rs 3,000 per kg

The gold/silver ratio currently stands at 99.46 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures up nearly 6%, WTI trades above $31 a barrel

BUSINESS

Crude oil futures up nearly 6%, WTI trades above $31 a barrel

The value of May and June contracts traded so far is Rs 686.02 crore and Rs 217.11 crore, respectively.

Gold glitters at record high of Rs 47,067, silver also surges Rs 2,050

BUSINESS

Gold glitters at record high of Rs 47,067, silver also surges Rs 2,050

The gold/silver ratio currently stands at 104.51 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures gain 3.99%, up 168.67% from April lows

BUSINESS

Crude oil futures gain 3.99%, up 168.67% from April lows

MCX May crude futures have gained 168.67 percent from the low of Rs 795 it hit on April 28.

Gold rises Rs 428 to Rs 46,322 per 10 gram on safe-haven demand, silver gains

BUSINESS

Gold rises Rs 428 to Rs 46,322 per 10 gram on safe-haven demand, silver gains

The broader trend on COMEX could be in the range of $1690-1730 and on domestic front prices could hover in the range of Rs 45,790-46,350, said Damani.

Crude futures gain 4.19%, WTI trades above $26 a barrel

BUSINESS

Crude futures gain 4.19%, WTI trades above $26 a barrel

In the futures market, crude oil for May delivery touched an intraday high of Rs 1,994 and an intraday low of Rs 1,919 per barrel.

Gold price steady at Rs 45,894, silver slips

BUSINESS

Gold price steady at Rs 45,894, silver slips

The gold/silver ratio currently stands at 106.94 to 1, which means it takes 106.94 ounce of silver to buy one ounce of gold.

Crude oil futures slip 1.75%, Brent trades below $30 a barrel

BUSINESS

Crude oil futures slip 1.75%, Brent trades below $30 a barrel

In the futures market, crude oil for May delivery touched an intraday high of Rs 1,949 and an intraday low of Rs 1,896 per barrel on MCX.

Gold up Rs 98 to Rs 45,883 per 10 gram, silver slips

BUSINESS

Gold up Rs 98 to Rs 45,883 per 10 gram, silver slips

The gold/silver ratio currently stands at 106.69 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures gain 2.22%, Brent crude trades above $30/barrel

BUSINESS

Crude oil futures gain 2.22%, Brent crude trades above $30/barrel

The value of May and June contracts traded so far is Rs 622 crore and Rs 15.35 crore, respectively.

Gold slips Rs 507 to close at Rs 45,785 per 10 gram, jewellers reopen some stores

BUSINESS

Gold slips Rs 507 to close at Rs 45,785 per 10 gram, jewellers reopen some stores

In the futures market, gold rate touched an intraday high of Rs 45,850 and an intraday low of Rs 45,590 on MCX. For the June series, the yellow metal touched a low of Rs 36,572 and a high of Rs 47,327.

Crude oil futures dip 0.44%, Brent slips below $30 per barrel

BUSINESS

Crude oil futures dip 0.44%, Brent slips below $30 per barrel

Crude oil for May delivery touched an intraday high of Rs 1,889 and an intraday low of Rs 1,805 per barrel on the MCX

Gold price up Rs 428 to Rs 46,292, silver rises Rs 850

BUSINESS

Gold price up Rs 428 to Rs 46,292, silver rises Rs 850

The broader trend on Comex could be in the range of $1,688-1,730 and on the domestic front, prices could hover in the Rs 45,900-46,570 range, Navneet Damani of Motilal Oswal says.

Gold gains on safe-haven demand, experts say price may touch Rs 51,000

BUSINESS

Gold gains on safe-haven demand, experts say price may touch Rs 51,000

From a short-term perspective, one should buy gold at around Rs 45,400, with a stoploss at Rs 45,000 and target Rs 46,000 in a day or two, Sunilkumar Katke of Axis Securities says.

Gold rises by Rs 307 to Rs 45,864, silver up Rs 1,150

BUSINESS

Gold rises by Rs 307 to Rs 45,864, silver up Rs 1,150

A clear short-term direction in gold may be seen only on a break of either $1,696 or $1,738, Ravindra Rao of Kotak Securities has said.

Gold, silver slip on stronger dollar, spot gold below $1,700

BUSINESS

Gold, silver slip on stronger dollar, spot gold below $1,700

The gold/silver ratio currently stands at 112.20 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures gain nearly 11%, Brent crude inching closer to $30/barrel

BUSINESS

Crude oil futures gain nearly 11%, Brent crude inching closer to $30/barrel

In the futures market, crude oil for May delivery touched an intraday high of Rs 1,741 and an intraday low of Rs 1,600 per barrel on the MCX

Gold gains Rs 180 to Rs 45,913/10 gm, silver slips

BUSINESS

Gold gains Rs 180 to Rs 45,913/10 gm, silver slips

The broader trend on Comex could be $1,685-1,725 and on domestic front prices could hover in the range of Rs 45,270-46,000, said Damani.

Gold falls for fourth straight day but gains nearly 6% in April

BUSINESS

Gold falls for fourth straight day but gains nearly 6% in April

Gold edged lower on improved risk appetite after positive trial results of an experimental COVID-19 treatment and a jump in oil prices, says Navneet Damani of Motilal Oswal.

Gold price slips below Rs 46,000 per 10 gram, silver up

BUSINESS

Gold price slips below Rs 46,000 per 10 gram, silver up

The broader trend on Comex could be $1,695-1,735 and on the domestic front, prices could hover in the Rs 45,800- 46,465 range, says Navneet Damani of Motilal Oswal.

Gold slips Rs 141 to Rs 46,195, silver too declines on stronger rupee

BUSINESS

Gold slips Rs 141 to Rs 46,195, silver too declines on stronger rupee

Gold prices also declined on expectations of easing of lockdown restrictions in some Asian countries.

Gold price slips Rs 271 to Rs 46,336, silver up slightly

BUSINESS

Gold price slips Rs 271 to Rs 46,336, silver up slightly

The record-buying from gold ETFs and central banks may support positive trade in gold for medium-term, says Tapan Patel of HDFC Securities.

Gold price likely to touch Rs 50,000-52,000 in next 3-4 months

BUSINESS

Gold price likely to touch Rs 50,000-52,000 in next 3-4 months

Katke said gold can be accumulated around Rs 45000 mark targeting Rs 50,000-52,000 in next 3 to 4 months time.

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