Silver stays steady, selling at Rs 61,000/kg, while gold drops by Rs 100

price of silver

Early on Wednesday, gold prices decreased by Rs 100 from the previous day’s rate, with 10 grammes of 24-carat yellow metal selling for Rs 51,980. The price of 10 grammes of 22-carat gold has decreased by Rs 100 to Rs 47,650. Contrarily, the price of silver, which is selling at Rs 61,000 per kilogramme, remained […]

Gold prices are down Rs 270 per kg, while silver is up Rs 60,000 per kg

gold prices in India

On Thursday morning, gold prices in India fell by Rs 270 per gramme. After a Rs 250 drop, 10 gramme of 24-carat gold is trading at Rs 51,440, while 10 gramme of 22-carat gold is trading at Rs 47,150. The drop in gold prices comes after the US Federal Reserve raised interest rates for the […]

Oil drops $3 on positive signals from Russia-Ukraine peace talks

Oil drops $3

Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured by China’s new lockdowns to curb the spread of the coronavirus. Brent crude fell $2.88, or 2.6%, to $109.61 a barrel by 11:07 a.m. ET […]

Oil Up, Hits One-Week High as Recovery from Ida Damage Drags On

By Administrator_ India Capital Sands Oil was up Monday morning in Asia, hitting a one-week high in a second consecutive session of gains. Continuous concerns about U.S. supplies, with the recovery from Hurricane Ida’s damage dragging into a second week, gave the black liquid a boost. Brent oil futures was up 0.33% to $73.16 by 12:08 […]

Gold Down, but Remains Above $1,800 Mark Over Fed Taper Delay Expectations

By Administrator_ India Capital Sands Gold was down on Tuesday morning in Asia but remained above the $1,800 level. Hopes are also growing that the U.S. Federal Reserve could delay its planned asset tapering thanks to the continuing spread of COVID-19. Gold futures edged down 0.17% to $1,803.25 by 12:12 AM ET (4:12 AM GMT) after rising […]

Oil prices rebound from 7-day losing streak as investors snap up bargains

By Administrator_ India Capital Sands Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, though lingering fears over how a surge in global covid-19 cases might affect fuel demand combined with a firmer U.S. dollar to limit gains. Brent crude futures climbed 60 cents, or […]

Oil falls as Delta surge clouds fuel demand outlook

By Administrator_India Capital Sands Oil prices fell more than 1% on Monday, dropping for a third session, as government-imposed restrictions on mobility to counter the spread of the Delta variant raised worries about a recovery in fuel demand. Brent crude was down 80 cents, or 1.1%, at $69.79 a barrel by 0046 GMT, after edging […]

Petrol Prices Hiked Up To 28 Paise

By Administrator_ India Capital Sands Petrol prices have been hiked across the metros on Monday, July 12, after a day’s pause. In the national capital, petrol rates were hiked by 28 paise from ₹ 100.91 per litre to ₹ 101.19 per litre, according to Indian Oil Corporation. Diesel rates were, however, cut marginally in the […]

Gold Up Ahead of Jerome Powell’s Testimony

By Administrator_India Capital Sands Gold Futures were up 0.32% to $1,788.65 by 12:17 AM ET (4:17 AM GMT) Although inflation had increased, it will move back toward Fed’s 2% target once supply imbalances resolve, said Powell in written remarks prepared for his Tuesday testimony before congress. Investors now await the hearing to get clues on the […]