Crude as demand outlook – Hedge funds and money managers cut bullish wagers on U.S. crude, data showed on Friday, as rising coronavirus cases around the world weakened the demand outlook, and a rise in OPEC output last month also weighed on the market.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold prices climbs to near 1-week high on dollar slide, stimulus optimism
Gold prices rose to its highest in nearly a week on Tuesday as the dollar weakened and hopes rose for additional fiscal stimulus for the American economy, ahead of the first U.S. presidential debate.
Gold Prices steadies ahead of Trump-Biden debate
Gold prices steadied on Tuesday alongside a subdued U.S. dollar, while investors awaited the first U.S. presidential debate and further developments on a new U.S. coronavirus relief bill.
Silver Turns Positive After Touching Two-Month Low – Gold Silver Reports
Silver turns positive after touching two-month low. Gold prices reversed course and turned positive on Thursday, after touching a two-month low, as the dollar retreated slightly and as Federal Reserve officials reaffirmed to keeping monetary policy loose.
Gold prices today struggle, remains ₹5,000 lower than last month’s highs
In global markets, gold prices moved higher today as lacklustre US employment data and surging covid cases boosted the safe-haven appeal of gold. Spot gold climbed 0.4% to $1,951.13 per ounce.