Gold prices were firm near a 10-month peak on Thursday, with the dollar holding steady in the wake of minutes from the latest U.S. Federal Reserve meeting that rekindled expectations of a possible rate hike later in the year.
Punjab Budget 2019-20: In a welcome move, Punjab government on Monday reduced petrol and diesel prices from midnight as it slashed value added tax (VAT) on fuel selling in the state in the budget.
The country had exported 8.22 MT of finished steel during the corresponding period a year ago, the Joint Plant Committee (JPC) said in its latest report.
Brent for April settlement climbed 9 cents to $64.66 a barrel, near the highest level since November, on the London-based ICE Futures Europe exchange. It has gained 4.1 percent this week.
The global oil market will struggle this year to absorb fast-growing crude supply from outside the Organization of the Petroleum Exporting Countries (OPEC), even with the group's production cuts and U
The increase in price will boost earnings of producers like Oil and Natural Gas Corp (ONGC) and Reliance Industries but will also lead to a rise in price of CNG, which uses natural gas as input.
The Organization of the Petroleum Exporting Countries (OPEC), which Saudi Arabia de-facto leads as the world's top crude oil exporter, said on Tuesday that it had cut its output by almost 800,000 bpd
"Gold is being pushed around by the U.S. dollar in the near term. Traders are getting out of anything to do with Europe on concerns of weakness in the region and going for safe-haven buying into U.S.
The ongoing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped prop up WTI, traders said. International Brent crude futures were up 50 cents, or 0.8
Even as we witness a rebound in the price of Bitcoin in the last few days, the elusive cryptocurrency has lost a staggering 43% in just 3 months, data from Coinbase showed.
Trade tensions between the world's top two economies have rattled financial markets since last year and also boosted the appeal of the U.S. dollar as a safe-haven.
The economic picture grew dimmer, with American and Chinese negotiators looking far apart on trade talks and disappointing data from Germany to Australia to the US
The gold prices on Friday traded lower at Rs 34,175 per 10 gram and silver fell by Rs 570 to Rs 40,930 per kg in Delhi Friday, news agency PTI reported citing All India Sarafa Association.
US government data on Wednesday showed that domestic crude inventories rose by less than expected last week even as refineries hiked output. Stocks gained by 1.3 million barrels in the week ended Feb.
Sovereign gold, however, held steady at Rs 26,100 per piece of eight grams. Silver ready declined by Rs 320 to Rs 41,380 per kg, while weekly-based delivery witnessed a fall of Rs 322 to Rs 40,323 per
Brent crude futures fell 39 cents to $62.12 a barrel. They touched their highest level in more than two months at $63.63 the previous day. US crude futures dropped 82 cents to $53.74 a barrel, down 1.
The US dollar was broadly stronger against a basket of other currencies as investors took heart from Friday's strong U.S. payroll number, while stock markets globally held near two-month highs. With m
