New Delhi, March 19 (IANS) Oil prices jumped more than 4 per cent on Thursday over attacks on key energy infrastructure in West Asia.The April contract of Brent crude on the Intercontinental Exchange was trading at $111.78 per barrel, up 4.10 per cent from its previous close. Meanwhile, the April contract of West Texas Intermediate (WTI) on NYMEX rose 3.37 per cent to $99.57 per barrel.Oil surged after Israel’s strike on Iran’s South Pars gas field — the world’s largest. Iran retaliated,…
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New Delhi, March 5 (IANS) Gold and silver prices surged significantly on Thursday amid escalating conflict in the Middle East, pushing investors toward safe‑haven assets.MCX gold April futures gained 0.31 per cent to Rs 1,62,018 per 10 grams on an intra-day basis. Meanwhile MCX silver May futures gained 1.50 per cent to Rs 2,69,551 per kg.Earlier in the day silver prices on MCX had jumped 3.3 per cent while gold advanced over 1 per cent but later dipped over mild profit booking.Spot silver jum…
New Delhi, March 5 (IANS) Amid escalating Middle East tensions, crude oil prices went up more than 2 per cent on Thursday over supply constraints as Strait of Hormuz was closed by Iran.In the early morning trade, the April contract of the benchmark crude on the Intercontinental Exchange was trading at $83.26 per barrel, up by almost 2.43 per cent from its previous close. The April contract of West Texas Intermediate on the NYMEX went up 2.63 per cent to $76.63 per barrel.According to reports, a …