At a ceremony in Riyadh, Putin and his host, Saudi King Salman, penned a string of multi-million-dollar investment contracts targeting the aerospace, culture, health, advanced technology and agriculture sectors.
Spot LNG prices have more than halved since last year due to oversupply as producers battle for market share.
In the futures market, gold rate touched an intraday high of Rs 38,280 and an intraday low of Rs 37,771 on MCX.
Both gold and silver prices are likely to trade under pressure this week on the likely resolution around trade war, and developments around Brexit. Investors can deploy sell on rise strategy.
Experts are of the opinion that although ongoing geopolitical issues between US and China gave way to slightly higher silver prices, they also caused a downturn in China’s economy, which had a negative effect on the white metal
The gold/silver ratio currently stands at 83.84 to 1 which means the amount of silver requires to buy one ounce of gold.
Gold is likely to trade in the range of 37,800-38,500 and silver may trade in a price range of 44,800-46,000 in Friday's session, experts suggest.
International benchmark Brent crude futures rose as much as 2.3 percent to $60.46 a barrel and stood at $60.33 per barrel, up 2.08 percent
Oil prices have failed to gain a lasting boost from supply disruptions this year, including the attack last month on Saudi Arabian oil installations that briefly shut down more than half of production in the world's top exporter.
This comes on the back of a net infusion of Rs 145 crore in gold exchange-traded funds (ETFs) in August.
Any dips in silver towards Rs 45,700/kg will be an opportunity to buy again with a stop loss of Rs 45,400, says IndiaNivesh Commodities’ Manoj Kumar Jain.
Brent crude was up 32 cents at $58.56 a barrel by 11:04 a.m. EDT (1504 GMT), and U.S. West Texas Intermediate crude was at $52.98, up 35 cents.
Negotiators from the United States and China, the world's top two economies, will meet in Washington on Thursday in the latest effort to hammer out a deal aimed at ending a long-running trade dispute that has slowed global growth.
Gold can be bought around Rs 38,250 with a stop loss of Rs 38,050 for a target of Rs 38,600. Silver can be bought around Rs 45,500 with a stop loss of Rs 45,200, and a target of Rs 46,100.
We expect gold prices to remain supportive at lower levels as monetary policy will remain accommodative.
Crop loss in Madhya Pradesh and bleak yield expectation from Rajasthan will reduce India's soybean output to around 95-100 lakh tonnes in 2019-20 season, which is considerably lower than the last year's production.
SPDR Gold ETF witnessed steady inflows, 924 tonnes as on October 4 against 920 tonnes a week ago.
At MCX prices are expected to trade in the range of Rs 37,770-38,600 this week and either side of the breakout of the range will give further direction to the market,
The gasoline is one of the major demand side indicators which suggest the consumption pattern in US economy and other countries about the pace of growth in the market
Investors are also watching for further developments on tensions between the United States and Iran.
Sterling lost the ground as EU rejected the latest British proposals for a revised Northern Ireland/Ireland border deal
The sovereign gold bond scheme was launched in November 2015 with an objective of reducing demand for physical gold and shifting a part of domestic savings, used for purchase of the yellow metal, into financial savings.
Benchmark Brent crude rose 94 cents, or 1.6%, to $58.65 a barrel by 1319 GMT.
The Bureau of Indian Standards (BIS), under the Consumer Affairs Ministry, is the administrative authority for hallmarking.
Analysts said raising of bets by participants kept crude prices higher in futures trade.