Gold price traded strong yesterday at Rs 1,31,000, inching closer to the all-time high of Rs 1,32,250 made before Diwali.
The increase in gold prices can be attributed to increased demand for safe-haven assets and the anticipated increase in activity, particularly among traditional buyers during the ongoing wedding season
The precious metal rose as much as 1.4% to $57.29 in the spot market, surpassing a peak struck on Friday
Commodities markets are preparing for a busy calendar of data releases and speech by Fed Chair Powell. Final PMI readings from major economies, US ADP employment data for November, September’s PCE inflation report, and the University of Michigan’s sentiment and inflation expectations surveys are all due this week.
The World Bank anticipates a mild 2 per cent decline in the agricultural price index in 2026, keeping the overall commodity outlook subdued.
On Sunday, OPEC+ is likely to leave oil output levels unchanged at its meetings and to agree on a mechanism to assess members' maximum production capacity,
The price of gold is up 1.19 percent at 1,26,900, which is its peak performance in November, so far.
Hindustan Zinc share price: Hindustan Zinc is the largest producer of silver in India, and produces refined silver with a minimum 99.9 percent purity
It is important to note that self-sufficiency is likely to take at least 4-5 years, and even then, it may not necessarily translate into profits
Brent crude futures settled up 21 cents, or 0.2%, at $63.34 a barrel. U.S. West Texas Intermediate crude futures were up 45 cents, or 0.8%, at $59.10 a barrel by 1:46 p.m. ET (1846 GMT).
The price of gold is experiencing fluctuation due to cautious investor sentiment amid ongoing global supply pressures.
The new contracts, which are physically settled, cater to both institutional and retail investors, widening the pool of participants.
Bullion was trading around $4,160 an ounce, supported by a series of comments by Federal Reserve policymakers that point to further monetary easing in the world’s biggest economy
Brent crude futures shed 21 cents, or 0.3%, to $62.92 a barrel as of 0108 GMT, while U.S. West Texas Intermediate crude futures dropped 21 cents, or 0.4%, to $58.44 a barrel.
The price of gold is experiencing a slight increase due to investor interest, despite ongoing global supply pressures.
Bitcoin’s price increased 4.22 percent in the last 24 hours; it hit the lowest at $89,800 levels.
Reflecting the tightness in China, near-term silver prices have topped later-dated contracts in Shanghai, a pattern known as backwardation that signals short-term pressure.
The projection is built on expectations of a widening supply glut that continues to outpace demand growth through the next three years
Bullion was trading around $4,135 an ounce, having ended the previous session little changed
Whether commodities markets are about to reshuffle again in the next few months will be shaped by if the conflict is halted
Brent crude futures fell 89 cents, or 1.4%, to $62.48 a barrel, while U.S. West Texas Intermediate crude futures also fell 89 cents, or 1.5%, to $57.95 a barrel.
The price of gold in the domestic market is up 0.43 percent from the previous close.
It was second time unlucky for the Australian miner, but a third attempt at a later date might be the charm
Bullion was trading around $4,135 an ounce, having gained nearly 2% on Monday.
Brent futures rose 81 cents, or 1.3%, to settle at $63.37 a barrel. West Texas Intermediate (WTI) crude gained 78 cents, or 1.3%, to settle at $58.84.