Latest News Indian commodities market, world commodities market, Commodity Exchanges, NCDEX, MCX, NMCEIL
Business Today
Commodities
Gold price hits one-month high, silver too gains Rs 350

Traders said sentiment took a turn for the better after gold advanced to its highest level in four weeks in global markets as the US dollar retreated from a 14-year peak hit earlier this week, which kept the precious metals higher.

 
 
US West Texas Intermediate (WTI) crude oil futures were trading at $51.97 per barrel at 0134 GMT, down 15 cents from their last settlement.
International Brent crude oil futures were trading at $53.66 per barrel at 0242 GMT, down 28 cents, or 0.52 percent, from their last close.
The gold demand stood at 1,104.8 tonnes in the corresponding quarter last year, according to the WGC's 'Q3 2016 Gold Demand Trends' report.
Gold prices stayed firm on Wednesday as stronger physical demand for the precious metal, ahead of India's late-October festival season, offset a firm US dollar.
Dealers were charging up to $2 an ounce over official domestic prices, the first time premiums have been seen since mid-January, said Bachhraj Bamalwa.
Gold fell for a ninth straight session on Friday on a stronger dollar ahead of key US jobs data and the metal was headed for its worst weekly dip in nearly a year.
Advertisement