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    Gold Price Today: Yellow metal opens at Rs 70,977/10 grams, silver at Rs 88,743/kg

    Gold futures show signs of weakness with a Bearish Engulfing pattern, signaling a possible downturn. The Relative Strength Index (RSI) points to negative divergence, reinforcing a potential decline.

    After a 13% rally so far this year, is upside in MCX crude oil futures capped?

    European Union's sanctions and China's economic concerns pose challenges for oil demand. Amidst the ongoing rally, uncertainties like a potential ceasefire in Gaza and China's economic health could influence oil prices. Expert projections hint at sustainability hurdles for the current uptrend in crude oil prices.

    Gold prices hover near two-week low on firm dollar, yields

    Gold prices reflect global economic uncertainties amidst discussions on interest rates by central banks, impacting market sentiments. The interplay between various economic indicators and policy decisions continues to shape the trajectory of gold as an investment choice.

    Oil prices slide on fears of slow US demand after surprise inventory build

    Oil prices dropped due to rising U.S. stockpiles, affecting market sentiment. Brent crude traded at $84.17, and U.S. West Texas Intermediate at $80.58 per barrel. Escalating conflicts in Gaza, notably in Rafah, contribute to market uncertainties amidst concerns over weakening demand.

    Oil edges higher on inventory drawdown outlook, Middle East risks

    Oil prices inched up on Wednesday nearing their highest level in almost two months, driven by forecasts for an eventual inventory drawdown during the third quarter peak summer demand season and geopolitical risks from the Middle East conflict.

    Gold Price Today: Yellow metal opens at Rs 71,515/10 grams, silver down by Rs 2,000 this week

    Amidst market fluctuations, following Manoj Kumar Jain's guidance, consider selling gold around Rs 71,650 with a stop loss at Rs 71,860. Expect volatile movements in gold and silver prices this week, influenced by factors like the dollar index and upcoming U.S. economic data. Stay informed to navigate the changing market landscape effectively.

    BULL'S EYE

    Gold flat as dollar, yields firm; investors seek more US data

    Amid economic indicators and central bank actions, market focus extends to U.S. housing data, French employment stats, and Fed rate cut forecasts, influencing gold price dynamics.

    Hedge funds rebuild oil position after OPEC⁺ round trip: Kemp

    Navigating through diverse commodities, my investment strategy adapted to changing market conditions. From crude oil to natural gas, I observed shifts in positions and prices, reflecting resilience and caution. The market's response to OPEC+ reassurance and high inventories showcased a dynamic landscape, with investors strategizing for potential opportunities and challenges ahead.

    Oil edges lower after industry group reports jump in US stockpiles

    Oil prices fell on surprise U.S. stockpile increase, with concerns over weak demand. The U.S. summer driving season and consumer confidence decline contributed to market worries, along with a stronger dollar. Brent crude dropped to $84.82 a barrel.

    Gold Price Today: Yellow metal opens at Rs 71,712/10 grams, silver at Rs 88,858/kg

    Gold and silver prices on MCX opened flat, with gold at Rs 71,712 per 10 gms and silver at Rs 88,858/kg. Both settled mixed on Monday amid US economic data anticipation.

    Gold prices inch lower as focus turns to US inflation data

    Gold prices inch lower as focus turns to US inflation data

    Gold prices impacted by Japan Chain Store Sales YY for May and upcoming US Consumer Confidence in June.

    Oil prices steady as markets weigh supply tensions, China economic recovery

    Oil prices steady as markets weigh supply tensions, China economic recovery

    Oil prices remained steady on Tuesday, balancing concerns over China's economic recovery, tensions in the Middle East, and Ukrainian attacks on Russian refineries.

    Gold gains on dollar retreat, focus on US inflation data

    Gold gains on dollar retreat, focus on US inflation data

    ​Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked forward to U.S. inflation data due later this week that could offer more clarity on the Federal Reserve's monetary policy.

    Gold Price Today: Yellow metal trades flat; silver down by Rs 2,400

    Gold Price Today: Yellow metal trades flat; silver down by Rs 2,400

    MCX gold August futures fell by Rs 151 in June while silver MCX July futures dropped by Rs 6,390. Prices showed high volatility due to U.S. housing data and dollar index strength.

    Gold prices edge higher as US Treasury yields soften

    Gold prices edge higher as US Treasury yields soften

    Gold prices rose on Monday as Treasury yields fell, with investors awaiting economic data and comments from Federal Reserve officials for clarity on interest rate cuts.

    Oil extends losses as strong dollar weighs on commodities markets

    Oil extends losses as strong dollar weighs on commodities markets

    Oil prices fell in early Asian trade on Monday due to a stronger dollar and concerns of higher interest rates. Brent crude futures slid to $84.84 a barrel, while U.S. West Texas Intermediate crude futures were at $80.34. Geopolitical risks in the Middle East and issues in Ecuador impacted prices.

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