Crude Check: Is the trend turning flat?
Supply concerns give it a bullish bias
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Bullion Cues: Will gold inch up?
Silver turns bearish
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Biden accused of betraying climate cause as administration proposes oil and gas lease sales in the Gulf of Mexico and Alaska
President Joe Biden's administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one off the Alaska coast over the next five years—going against the...
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Russia reduces sunflower oil export tax sharply to support exports
(Reuters) – Sanctions-hit Russia has reduced its sunflower oil export tax sharply after changing the formula it uses for calculating it to support shipments while its rouble currency...
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Canara Bank crosses Rs 1 trn mark for outstanding gold loan book in June
Canara Bank is pushing this business in Eastern region and two metropolitan areas - Mumbai and Pune
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Gold’s already struggling market gets another jolt from India’s import duty hike
Gold is considered a safe haven, as well as, an inflation hedge. However, it has struggled to gain despite increasing growth concerns, persisting inflationary pressures, and selling pressure...
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Welcome to the Stage Big Eyes (BIG): The Crypto Cat with a Mission to Save the Ocean
With ‘Big Eyes’ on the prize, this new cryptocurrency plans not only to make a fortune but save the oceans in the process. Entering the meme coin scene, the Big Eyes (BIG) mascot is changing...
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Gold, silver prices up; yellow metal trading at Rs 52,200/10 gram
Meanwhile, silver prices also rise by Rs 400 per kg, with the precious metal trading at Rs 59,000
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Gold price today, July 2: Gold rates go up by Rs 930, Check gold rate in Delhi, Patna, Lucknow, Kolkata, Kanpur, Kerala and other cities
The gold prices in the national capital is Rs 52,200 for 24 carat (10 grams) and Rs 47,850 for 22 carat (10 grams).
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Top headlines: 'Capex route to economic revival', gold import duty hike
The top gainers were groups with a big play in industrial metals such as steel and non-ferrous metals
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Gold Hit 7-Month Low as India Tax Hike Adds to Fed Rate Cudgel
By Barani Krishnan Investing.com -- For gold, the Fed doesn’t seem to be its only nemesis: it’s also Indian tax authorities. Bullion’s value took a further dive to briefly...
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Forget June Plunge; Oil Back on High Octane from Supply Squeeze
By Barani Krishnan Investing.com -- A month can seem like a long time ago on the oil market. Crude prices flew higher on Friday as trading began for July on the back of fresh supply scares...
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Supply Disruptions Drive Bullish Sentiment In Oil Markets
Bullish sentiment is once again building in oil markets as supply disruptions mount and global oil demand growth continues unabated. Friday, July 1st, 2022 As uncertainty builds around the...
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Oil futures settle higher, with U.S. prices up less than 1% the week
Oil futures climbed on Friday, with U.S. prices up about 0.8% for the week. "Low investment in oil discovery and the shutdown of refineries during the pandemic-induced recession of 2020 have...
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India Slaps Windfall Tax On Oil Producers And Refiners
India has initiated a windfall tax on the country's oil producers and oil refiners who are exporting more due to the high international price of crude oil and refined products, Reuters said...
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Crude Oil Surges Higher; Supply Outages Boost Market
By Peter Nurse Investing.com -- Oil prices climbed Thursday, ending a gloomy week on a positive note as expectations of further supply tightness outweighed worries about a global economic...
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Factbox: Western companies in Russian oil and gas sector
MOSCOW (Reuters) – President Vladimir Putin has signed a decree to seize full control of Sakhalin-2 gas and oil project in Russia that could force out Shell and Japanese investors,...
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Oil edges higher, gold falls
Oil higher amid supply outages Oil prices are edging higher again on Friday after paring gains over the last couple of days. With OPEC+ opting to raise production by 648,000 again in August...
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Algeria’s Sonatrach mulls new formulas to raise gas prices for European buyers- sources
Algeria’s state oil and gas producer Sonatrach is negotiating ways to benefit from significant global gas price rises in its long-term contracts with European buyers, two sources familiar...
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Metals Stocks: Silver tumbles to weakest level in 2 years, while gold drops to lowest in 7 months
Copper prices have fallen to their weakest level in 17 months
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Daily Gold News: Thursday, July 1 – Gold Price is Breaking Below $1,800 Level
Gold is 1.1% lower this morning, as it is breaking below the $1,800 price level. What about the other precious metals?
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OPEC oil output again misses target in June as outages weigh – survey
By Alex Lawler LONDON (Reuters) – OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed, as involuntary declines in...
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Gold tumbles below $1,800 to fresh lows since January
The drop in the middle of May was thwarted as buyers held their ground at the $1,800 mark before the daily close. But now with the dollar going from strength to strength, even gold is...
