In the international market, gold prices firmed after dollar weakened. The experts haven’t ruled out the possibilities of a volatile market due to Fed’s aggressive monetary policy stance. Spot gold rose 0.3 per cent to $1,663.99 per ounce.
Oil prices have declined for four straight months since June, as COVID-19 lockdowns in top energy consumer China hurt demand while rising interest rates and a surging US dollar weighed on global financial markets.
Oil prices have tumbled for four straight months since June as COVID-19 lockdowns in top energy consumer China hurt demand while rising interest rates and a surging US dollar weighed on global financial markets.
Gold, silver prices on September 30: In the international market, gold prices were trading higher due to a weaker US dollar. The dollar index held near a one-week low touched on Thursday.
Brent crude LCOc1 futures for November, which expire on Friday, inched up 2 cents to $88.51 a barrel, after losing 83 cents in the previous session.
Gold, silver prices on September 29: In the international market, spot gold was down 0.3% to $1,624.12 per ounce, near its two-year lows. Spot silver hit a three-week low and was at $18.17 per ounce.
Gold, silver prices on September 28: In the international market, gold prices continued to struggle after US central bank said that it would continue to take a tough stand against soaring inflation by increasing base interest rates. Spot gold was down 0.3 per cent at $1,624.81 per ounce.
Gold, silver prices on September 27: On Monday, the gold futures dipped by 0.8 per cent dip and were recorded at Rs 49,362. Silver futures however fell sharply to Rs 55,714 per kg, down about 1 per cent.
Brent crude futures for November settled down $2.09, or 2.4%, to $84.06 a barrel, plunging below levels reached on January 14.
Spot gold was down 0.3% at $1,638.59 per ounce, as of 0053 GMT, after hitting its lowest level since April 2020 earlier in the session.
Brent crude futures were up 17 cents, or 0.2%, at $86.32 a barrel at 0116 GMT, while US West Texas Intermediate (WTI) crude futures were up 21 cents, or 0.3%, at $78.95 a barrel.
Gold, silver prices on September 24: On Friday, Gold futures dipped to a six-month low of Rs 49,250 per 10 gram painting a gloomy picture for traders. Silver futures were down at Rs 56,275 per kg.
Gold, silver prices on September 23: Experts are expecting that the forthcoming festive season and the wedding season thereafter will be good in terms of sales if the gold value is under Rs 50,000 per 10 grams.
Gold, silver prices today: On Wednesday, gold prices rose after Russian President Vladimir Putin ordered a partial mobilisation. On MCX, gold futures rose from six-month lows to Rs 49,451 per 10 gram while silver gained 1 per cent to Rs 56,875 per kg.
Brent crude futures fell 16 cents, or 0.2%, to $89.67 per barrel by 0013 GMT
Gold, silver rates: The yellow metal prices were in a tight range in the domestic futures market. On MCX, gold futures almost touched a six-month low of Rs 49,374 per 10 grams while silver contracts rose 0.5 per cent to Rs 57,005 per kg.
Digital gold investment: With changing times, many investors now have the option of digital gold instead of gold jewellery and coins. Here's what you should keep in mind.
Gold prices in India were down to Rs 50,200 for 24-carat gold (10 grams), while for 22-carat gold (10 grams) it was Rs 45,850. Silver prices were trading at Rs 56,700.
Brent crude for November rose 65 cents, or 0.7%, to $92 a barrel, while US West Texas Intermediate (WTI) for October was up 62 cents to $85.73 per barrel, or 0.7% percent.
Brent crude futures rose $1.15, or 1.3%, to $92.50 a barrel by 0049 GMT after settling up 0.5% on Friday.
Gold, silver prices on Sept 16: The yellow metal price in India dipped to Rs 49,850 for 24-carat gold (10 grams), while for 22-carat gold (10 grams) it was Rs 45,700. Silver prices were also down and were trading at Rs 56,400.
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