Copper prices on Friday slipped by Rs 5.10 to Rs 507.50 per kg as participants cut down their positions amid muted demand in domestic market. On the Multi Commodity Exchange, copper for July delivery eased by Rs 5.10, or 0.99 percent, to Rs 507.50 per kg in a business turnover of 3,386 lots. Analysts said Read More
Author: Updates McxIndia
Crude oil futures rose to Rs 3,173 per barrel on July 23 as participants increased their long positions on firmness in equity markets, hopes of further stimulus and weakness in the dollar. The US Energy Information Agency reported that US crude inventories rose 4.9 million barrels for the week-ended July 17. Tapan Patel- Senior Analyst Read More
Gold rose on Tuesday, hovering near a nine-year peak hit in the last session, as worries over a spike in COVID-19 cases and expectations for inflation from more economic stimulus measures boosted demand for the safe-haven metal. Spot gold was up 0.1% at $1,817.23 per ounce by 0300 GMT, after hitting its highest since September 2011 at Read More