[ad_1] Shares of state-run oil exporters Oil and Natural Gas Corporation (ONGC)and Oil India Ltd are in focus on Monday, April 7, as crude oil prices continued to fall sharply. Global prices sink Oil prices sank at the beginning of the week as Saudi Arabia slashed its flagship crude price by the most in over […]
Gold prices could surge to $8,000 an ounce over next few years: Swiss Asia Capital – CNBC TV18
[ad_1] Gold prices could rise to between $5,000 and $8,000 per ounce over the next few years, according to Juerg Kiener, Managing Director and Chief Investment Officer at Swiss Asia Capital. “The trend will continue to go up and accelerate,” he said, pointing to sustained momentum driven by global financial shifts and strong central bank […]
ONGC, Oil India shares fall up to 6% — Key factors explained – CNBC TV18
[ad_1] Shares of state-run upstream oil explorers Oil India Ltd. and Oil and Natural Gas Corporation Ltd. (ONGC) declined up to 8% on Friday, April 4, after a sharp fall in crude oil prices overnight. Both Brent and WTI crude fell nearly 7% on Thursday. While WTI fell towards the $66 per barrel mark, Brent […]
Gold prices could pause near $3,250 an ounce, but silver seen rising further – CNBC TV18
[ad_1] Gold has seen a strong rally, gaining nearly 19% since January. However, Peter McGuire, CEO of Trading.com believes gold prices could be nearing a short-term peak, with resistance seen at $3,150–$3,250 per ounce levels. “Whether we’re at the top now for the next three to six months or there’s further legs to run, 3,250 […]
Rupee falls 14 paise to hit record low of 87.57 against US dollar in early trade – CNBC TV18
[ad_1] The rupee depreciated 14 paise to hit record low of 87.57 against the US dollar in early trade on Thursday weighed down by anticipation of an RBI rate cut and weak economic data. Company Value Change %Change Forex traders said the Indian rupee opened on a weak note and made a fresh record low […]
Oil falls after Trump delays Canada, Mexico tariffs by a month – CNBC TV18
[ad_1] Oil declined after President Donald Trump delayed the start of tariffs against the US’s two biggest foreign suppliers of crude by a month. Company Value Change %Change West Texas Intermediate fell toward $72 a barrel, erasing all of Monday’s gains, while Brent crude closed near $76. Trump pushed back the planned levies on Canada […]
2024: The year that was for commodities – CNBC TV18
[ad_1] This proved to be a rollercoaster ride for the commodities market, with several assets reaching historic highs and others experiencing notable fluctuations due to geopolitical, economic, and environmental factors. Gold and silver stood out in 2024 as they achieved record highs across multiple currencies. Gold prices hit all-time highs not just in the US […]
Gold shines in 2024: Experts share their 2025 commodities outlook – CNBC TV18
[ad_1] The year 2024 was marked by significant volatility in commodity markets, owing to heightened geopolitical tensions in West Asia, a continued war between Russia and Ukraine, and key elections in major economies like the United States, India, and the European Union. Central bank rate cuts and an increase in safe-haven buying provided support to […]
Japanese stocks weigh on Asian indices; Yen extends gains – CNBC TV18
[ad_1] Japanese stocks dragged down Asian equities following gains on Wall Street as the Federal Reserve signaled it will soon cut interest rates. A gauge for equities in the region fell Thursday. Japanese shares declined on yen strength, slipping over 3% – led by real estate stocks. Equities in Australia and South Korea edged higher […]