Gold retreats; focus on US data for cues on Fed's policy path
Spot gold eased 0.1% to $2,659.62 per ounce, as of 0353 GMT. U.S. gold futures rose 0.2% to $2,678.30.
Forex reserves drop by $4.11 billion to $640.27 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Gold gains on weak dollar, geopolitical turmoil; Fed, Trump's 2025 policies in focus
Bullion has risen 27% this year and is on track for its best performance since 2010, driven by major Fed cuts and heightened geopolitical uncertainties.
Asia Gold: Price fluctuation dampens demand in India
After gold prices became highly volatile over the past two weeks, buyers are now adopting a wait-and-see approach, hoping for prices to decline further, said a Chennai-based jeweller.
Gold set for weekly gain with focus on Fed's policy decision
Spot gold was up 0.3% at $2,688.29 per ounce, as of 0320 GMT. Bullion is headed for a weekly gain and has added more than 2% so far this week.
Copper demand rises 13% to 1,700 kilo tonnes in FY24
Traditionally, building construction and infrastructure account for 43 per cent of copper demand while contributing 11 per cent to GDP, International Copper Association India said in a statement.
Gold prices at Rs 75,910 on December 6, down 0.33%: MCX Data
Prices are 22.05% higher, according to Moneycontrol analysis
Gold prices at Rs 76,160 on December 5, up 0.17%: MCX Data
Prices are 22.30% higher, according to Moneycontrol analysis
Oil prices dip as extended OPEC+ supply cuts highlight weak demand
Brent crude futures fell by 9 cents, or 0.1%, to $72 per barrel by 0116 GMT. U.S. West Texas Intermediate crude futures fell by 4 cents, or 0.1%, to $68.27 per barrel.
Gold prices fall 0.59% on December 2, trade at Rs 75,950
Gold has been trading at 20.36%, higher compared to the start of the year
Gold plunges Rs 1,250 to Rs 78,150 per 10 gm amid strong dollar; silver plummets Rs 1,100
Gold of 99.5 per cent purity also slumped Rs 1,250 to Rs 77,750 per 10 grams from Monday’s closing level of Rs 79,000 per 10 grams
Gold gains for fourth straight session amid geopolitical woes
Ukraine fired a series of British Storm Shadow cruise missiles into Russia on Wednesday, marking the latest use of Western weapons on Russian targets, just a day after firing U.S. missiles.
Gold hits one-week high on softer dollar; markets await Fed cues
Spot gold rose 0.4% to $2,623.54 per ounce by 0246 GMT, the highest since Nov. 12. Prices rose 2% on Monday.
Gold prices at Rs 74468.00 on November 18, 2024, up 1.62% from previous day: MCX Data
Prices are 22.71% higher, according to Moneycontrol analysis
Oil heads for weekly loss as Chinese demand continues to underperform
Brent crude futures were down 65 cents, or 0.9%, at $71.91 a barrel by 0450 GMT. U.S. West Texas Intermediate crude futures were down 62 cents, or 0.9%, at $68.08.
OPEC again cuts 2024, 2025 oil demand growth forecasts
There is a wide split between forecasters on the strength of demand growth in 2024, partly due to differences over demand from China and the pace of the world's switch to cleaner fuels
Gold prices fall to Rs 78,026 on November 6, down 1.46%: MCX Data
Prices are 29.61% higher, according to Moneycontrol analysis
Gold prices trade at Rs 79,181 on November 1: MCX data
Gold has been trading 25.48%, higher compared to the start of the year
Gold price at Rs 79,181 on October 31, down 0.23%: MCX Data
Year-over-year, gold prices have soared 30.09 percent, as analysed by Moneycontrol
Gold prices ended 1.1% higher at Rs 79,362 on October 30: MCX Data
From last year, prices have climbed 30.58%, according to Moneycontrol analysis
Gold marches to record as US election jitters fuel safe-haven rush
Spot gold was up 0.2% at $2,779.39 per ounce as of 0308 GMT, after hitting an all-time high of $2,782.03 earlier in the session.
Oil prices steady on shrinking U.S. crude inventories
Brent crude futures gained 21 cents, or 0.3%, to $71.33 a barrel by 0002 GMT. U.S. West Texas Intermediate crude futures rose 22 cents, or 0.3%, to $67.43 per barrel.
Gold prices fall 0.48% on October 25, yellow metal at Rs 77,622: MCX data
Gold has been trading 23.01%, higher compared to the start of the year
Gold prices rise to peak of Rs 78,387 on October 23, up 0.61%: MCX Data
Prices are 29.97% higher, according to Moneycontrol analysis
