New Delhi, May 7 (IANS) Gold and silver prices traded higher on Thursday, with prices rising by up to 1 per cent amid a rise in crude oil prices and uncertainty surrounding the US-Iran peace deal.On the Multi Commodity Exchange (MCX), gold futures (June 5) traded at an intraday high of Rs 1,52,887, up 0.49 per cent or Rs 755, as of 10:49 am. The yellow metal touched an intraday low of Rs 1,52,400.Meanwhile, silver futures (July 3) were trading 1.49 per cent or Rs 3,790 higher at Rs 2,57,055 afte…
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Mumbai, May 6 (IANS) Gold and silver traded higher on Wednesday, tracking weakness in oil prices and the dollar index, with both precious metals gaining up to 3 per cent.On the Multi Commodity Exchange (MCX), gold futures (June 5) opened at Rs 1,52,000 per 10 grams, up Rs 2,247 or 1.5 per cent from the previous close of Rs 1,49,753.At 11:30 am, gold was trading at Rs 1,52,419, up Rs 2,666 or 1.78 per cent. So far in the session, the yellow metal has touched an intraday high of Rs 1,52,450, up Rs…
Mumbai, May 5 (IANS) Global crude oil prices declined sharply on Tuesday, falling up to 2 per cent despite a fresh escalation in West Asia, as the conflict entered its third month.The international oil benchmark Brent crude slipped 1.36 per cent to $112.88 per barrel, while US West Texas Intermediate (WTI) fell 2.34 per cent to $103.92 per barrel.On the domestic front, crude oil futures (June 18) on the Multi Commodity Exchange traded lower, down 1.12 per cent or Rs 109 at Rs 9,578.Prices eased …
Mumbai, May 4 (IANS) Gold and silver prices declined up to 1 per cent on Monday amid signs of easing geopolitical tensions between the US and Iran, following remarks by US President Donald Trump.On the Multi Commodity Exchange (MCX), gold contracts for June 5 opened at Rs 1,51,150, down Rs 382 or 0.25 per cent from the previous close of Rs 1,51,532.At around 11.30 a.m., gold was trading at Rs 1,50,623, lower by Rs 729 or 0.48 per cent. The yellow metal touched an intraday low of Rs 1,50,400, a d…
Mumbai, May 4 (IANS) Global crude oil prices declined almost 3 per cent on Monday after US President Donald Trump said Washington would take steps to help clear vessels stranded in the Strait of Hormuz, though the lack of a breakthrough in US-Iran talks kept prices above the $100-mark.International benchmark Brent crude slipped 66 cents or 0.61 per cent to $107.51 per barrel, while US West Texas Intermediate (WTI) fell $2.83 or 2.77 per cent to $99.11 a barrel.On the domestic front, crude oil fu…
Mumbai, April 30 (IANS) Gold and silver prices rose on Thursday amid surging crude oil prices driven by the West Asia conflict, gaining up to about 2 per cent.On the Multi Commodity Exchange (MCX), gold contracts for June 5 opened at Rs 1,49,499 per 10 grams, up Rs 449 or 0.30 per cent, from the previous close of Rs 1,49,050.At around 1 pm, gold was trading at Rs 1,50,770, up Rs 1,720 or 1.15 per cent. During the session, the yellow metal touched an intra-day high of Rs 1,51,514 (up Rs 2,464 or …
Mumbai, April 29 (IANS) Gold and silver traded on a firm note on Wednesday ahead of the US Federal Reserve’s interest rate decision, with both precious metals trading in a narrow range.On the Multi Commodity Exchange (MCX), gold contracts for June 5 opened at Rs 1,50,720 per 10 grams, up Rs 693 or 0.46 per cent from the previous close of Rs 1,50,027. However, the yellow metal pared gains and was trading marginally lower by Rs 56 or 0.04 per cent to Rs 1,49,971 at 11:30 am. So far in the sessio…
New Delhi, April 29 (IANS) Global crude oil prices extended their upward momentum on Wednesday amid reports that the United States is likely to continue its blockade of Iranian ports, raising concerns over prolonged supply disruptions in the Middle East.International oil benchmark Brent crude rose 0.63 per cent to $111.97 per barrel, while US West Texas Intermediate (WTI) crude gained 0.81 per cent to $100.74.The rise was supported by reports that claim US President Donald Trump has asked aides …
Mumbai, April 28 (IANS) Gold and silver traded sharply lower on Tuesday, declining by up to 2 per cent amid ongoing tensions between the US and Iran and a rise in crude oil prices, which breached the $110 mark again.On the Multi Commodity Exchange (MCX), gold futures (June 5) witnessed selling pressure. The yellow metal fell to an intraday low of Rs 1,50,450 per 10 grams, down 0.83 per cent or Rs 1,271, while it touched a high of Rs 1,51,802, up 0.05 per cent or Rs 81.At the last count, gold was…
Mumbai, April 27 (IANS) Gold and silver prices traded on a flat note on Monday amid a rise in crude oil prices and reports of a fresh proposal by Iran to end the conflict with the US, raising hopes of de-escalation in the Middle East.On the Multi Commodity Exchange (MCX), gold futures (June 5 contract) were trading at Rs 1,52,410 per 10 grams, down 0.19 per cent or Rs 290 from the previous close of Rs 1,52,699.By 11:00 A.M., the yellow metal touched an intraday high of Rs 1,53,008, up 0.20 per c…