Gold rate today: Gold's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,887 per 10 grams on July 15.
Trott, 50, takes on the role after Rio sought a leader with more mining experience to focus on portfolio growth. Rio has many expansions in the pipeline, including a $13 billion splurge on iron ore, a range of new lithium projects, and plans to keep growing in copper.
Imports fill most of the demand in the world's largest consumer of silver, where domestic prices touched a record high of Rs 114,875 a kg as a production shortfall spurred investors' hopes for a further rally
Gold rate today: Yellow metal's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,967 per 10 grams today.
'Silver isn’t following gold anymore—it’s leading. And this time, its shine comes from utility, not just tradition,' said Harshal Dasani from INVasset PMS.
Next week is data-heavy, with markets bracing for key Chinese economic indicators as well as US inflation, retail sales, and consumer sentiment data, for insights into the monetary policy outlook.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 97,252 per 10 grams today.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 96,548 per 10 grams on July 10.
The steep 50% tariff, similar to that levied on steel and aluminium, could be a bargaining chip for Trump or a move to localise production. Which one it is will determine how the industry shapes up in the coming years
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 97,172 per 10 grams on July 8.
Frequent ban on the trading of agri-commodities have dampened the mood of exchanges as well as traders. Now, Sebi is trying to understand the concerns and address them.
Central bankers around the world bought golds worth $84 billion in 2024, a report said
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 96,485 per 10 grams on July 7.
Looking ahead, oil prices may come under pressure as OPEC+ agreed to a larger-than-expected production increase of 5,48,000 barrels per day for August, well above the 4,11,000 bpd added in each of the past three months.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 96,735 per 10 grams on July 4.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 97,389 per 10 grams on July 3.
Companies such as Nestle India, HUL and Tata Consumer will get relief from soaring coffee prices in their branded business
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 97,242 per 10 grams on July 2.
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 96,471 per 10 grams on July 1.
America must rebuild the infrastructure that underpins markets and thus supply chains
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 95,492 per 10 grams on June 30.
Final PMI readings from major global economies will be closely watched but US jobs report will be a key focus, as softer labour market data could strengthen expectations for an early rate cut.
Three decades later, oil traders are picking up the pieces from a 12-day rollercoaster ride that saw prices surging and tumbling in the most manic period of oil trading since Russia invaded Ukraine in 2022.
Gold rate today: Gold's August contracts on MCX opened at Rs 96,261 per 10 grams on June 27.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 97,600 per 10 grams on June 26.
