BUSINESS
Crude oil prices dip over 7% this week on demand concerns, firm dollar; WTI trades near $63/bbl
Crude may trade under pressure amid increasing demand concerns however any stability in the US equity market could keep a floor to prices, said Rao.
BUSINESS
Gold prices steady at Rs 50,442 per 10 gm, down 6.55% in September; silver slips Rs 396 a kg
The broader trend on Comex could be in the range of $1,875- 1,910 and on the domestic front, prices could hover in the Rs 50,100-50,600 range.
BUSINESS
Gold price back above Rs 50,000-mark ahead of first US Presidential debate, silver surges Rs 2,299/kg
The broader trend on COMEX could be in the range of $1865- 2000 and on domestic front prices could hover in the range of Rs 50,050-50,500, said Damani.
BUSINESS
Gold prices dip marginally to Rs 49,757 per 10 gram; silver gains Rs 594
The broader trend on COMEX could be in the range of $1850- 1875 and on the domestic front prices could hover in the range of Rs 49,200-49,850.
BUSINESS
Crude oil futures slip 1.07% to Rs 2,872 per barrel on weak demand
In the futures market, crude oil for September delivery touched an intraday high of Rs 2,896 and an intraday low of Rs 2,855 per barrel on MCX.
BUSINESS
Gold hits new record high of Rs 49,440 per 10 gram, silver surge Rs 2,505 per kg
Navneet Damani, Vice President, Motilal Oswal, said the broader trend on the COMEX could be in the range of $1,787-1,855 per troy ounce. "On the domestic front, prices could hover in the range of Rs 48,870-49,550."
BUSINESS
Gold rises Rs 85 to Rs 48,444 per 10 gram, silver slips Rs 385 per kg
Axis Securities has advised its clients to sell gold around Rs 48,250 level for a target of Rs 48,170 on an intraday basis
BUSINESS
Gold price surges to new lifetime high of Rs 48,886 per 10 gram, silver gains Rs 1,055 per kg
The price of 10 gram 22-carat gold in Mumbai was Rs 44,780, and that of 24-carat 10 gram was Rs 48,886. The rates exclude GST.
BUSINESS
Gold near record high of Rs 48,559/10 gm, surges 23.75% in H1 2020
"The broader trend on the COMEX could be in the range of $1,740-1,790/oz. On the domestic front, prices could hover in the range of Rs 47,900-48,550," said Navneet Damani, Vice President, Motilal Oswal
BUSINESS
Gold slips to around Rs 46,200, silver eases as well
The gold/silver ratio currently stands at 98.48 to 1, which means the amount of silver required to buy one ounce of gold.
BUSINESS
Gold price tops Rs 43,000 per 10 gram, silver up Rs 575 per kg
The broader trend on Comex could be $1,580-1,640 and on domestic front prices could hover in the range of Rs 40,600-42,000, said Damani.
BUSINESS
Gold price fall continues for sixth straight day, at Rs 39,886 per 10 gram
The broader trend on Comex could be $1,468-1,520 and on domestic front prices could hover in the range of Rs 38,000-40,000, said Damani.
BUSINESS
Gold price breaches Rs 40,000 per 10 grams, likely to gain further
MCX Gold spiked to a four-month high after a US airstrike killed one of Iran’s most powerful generals, ratcheting up tensions in the Middle East.
