Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a […]
Silver stays steady, selling at Rs 61,000/kg, while gold drops by Rs 100
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 […]
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 […]
Gold prices rise for 6th straight day amid easing US bond yields
By Administrator_ India Capital Sands Gold prices edged higher on Wednesday and were on course for a sixth straight session of gains, driven by a dip in US Treasury yields ahead of minutes from the Federal Reserve’s June meeting that could provide more clues on the policy stance. Spot gold rose 0.32 percent to $1,801.55 per ounce by […]