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Gold prices steady off 8-year high as risk appetite sharpens Gold steadied on Thursday off the previous day’s near eight-year peak as investors’ appetite for higher-risk assets like stocks improved following encouraging coronavirus vaccine trials, and ahead of US jobs data later in the day. Spot gold was little changed at $1,770.79 per ounce by […]

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Oil prices gain on fall in U.S. crude stockpiles Oil prices rose on Thursday as a sharp drop in oil stockpiles outweighed concerns that a spike in U.S. coronavirus infections and revived lockdown measures in California could stall a recovery in fuel demand. Brent crude (LCOc1) futures were up 21 cents or 0.5% at $42.24 […]

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Oil prices slip on demand fears as U.S. virus cases surge  Oil prices dipped on Thursday after the United States recorded its biggest one-day spike in coronavirus cases and California reimposed some lockdown measures, stoking worries a resurgence in COVID-19 cases will stall a recovery in fuel demand. U.S. West Texas Intermediate (WTI) crude (CLc1) […]

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GOLD LIVE TODAY International bullion prices have started flat this Thursday morning in Asian trade after witnessing some profit booking on Wednesday. Slightly upbeat PMI and private jobs data also weighed on prices,” Sriram Iyer, Senior Research Analyst at Reliance Securities told Moneycontrol.“Technically, MCX Gold August contract on the daily chart formed a Bearish Engulfing […]

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Gold Down Over Hopes For a COVID-19 Vaccine Gold was down on Thursday morning in Asia, with investor sentiment boosted by positive results from yet another potential COVID-19 vaccine. U.S. pharmaceutical company Pfizer (NYSE:PFE) announced the results from the early stage human trial for BNT162b1, its mRNA candidate jointly developed with German biotech firm BioNTech (NASDAQ:BNTX), on […]

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Oil rises on manufacturing data, U.S. inventories Oil prices rose on Wednesday on a string of positive manufacturing data and a drawdown in U.S. crude inventories, both indicating an economic recovery and rise in energy demand despite surging coronavirus infections around the world. Brent crude was up $1.19, or 2.9%, to $42.46 a barrel at […]

Crude oil futures rise on firm demand

For Inquiry CALL or WHATS APP- +918923973677 www.commodityraja.com New Delhi, Jul 1 (PTI) Crude oil prices on Wednesday rose by Rs 28 to Rs 3,043 per barrel as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for delivery in July traded higher by Rs 28, or 0.93 per […]