Comex Live News

Gold prices declined by Rs 307 to Rs 47,276 per 10 gram in the Mumbai retail market on the firm rupee and muted global cues. The yellow metal traded in a narrow range as investors await FOMC meeting minutes later in the day. The price of 10 gram, 22-carat gold in Mumbai was Rs 43,305 Read More

Gold prices retreated slightly from a more than one-week peak on Tuesday as some investors opted for the dollar instead as surging COVID-19 Delta variant cases posed a threat to a global economic recovery. Fundamentals Spot gold fell 0.2% to $1,784.02 per ounce by 1:59 p.m. EDT (1759 GMT) after hitting its highest since Aug. Read More

Gold extended its recovery on Monday buoyed by a pullback in U.S. Treasury yields and some safe-haven buying spurred by COVID-19 related concerns, with investors looking for more direction from the Federal Reserve on monetary policy. Fundamentals Spot gold rose 0.5% to $1,787.76 per ounce by 1440 GMT, erasing declines from earlier in the session. Read More

Gold rose more than 1% on Friday as a retreat in the dollar enticed investors to snap up the bullion following its recent sell-off. Spot gold rose to $1,772.80 per ounce by 10:26 a.m. ET, after hitting its highest in more than a week at $1,774.30, in a sharp recovery from over four-month lows touched Read More

Comex Chart as on 12 Aug 2021

Gold prices held on to overnight gains on Thursday, after data showing U.S. consumer price increases slowed in July soothed concerns of an early tapering of economic support. Spot gold was little changed at $1,750.34 per ounce by 0104 GMT, having recorded it biggest one-day percentage gain since May 6 on Wednesday. U.S. gold futures Read More

Gold steadied on Tuesday, after three sessions of declines, as uncertainties from rising Covid-19 infections countered a buoyant dollar and bets for early tapering of the U.S. Federal Reserve’s economic support. Spot gold was little changed at $1,729.80 per ounce by 7:04 a.m. ET, while U.S. gold futures rose 0.3% to $1,731.80. Coronavirus cases in Read More

Oil prices fell by 4% on Monday, extending last week’s steep losses on the back of a rising U.S. dollar and concerns that new coronavirus-related restrictions in Asia, especially China, could slow a global recovery in fuel demand. A United Nations panel’s dire warning on climate change also added to the gloomy mood after fires Read More

Comex Chart as on 04 Aug 2021

Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of the delta variant of the coronavirus in top consuming countries will cut fuel demand. Brent crude oil futures slid 57 cents, or 0.8%, to trade at $71.82 per barrel. U.S. West Texas Intermediate (WTI) crude fell 79 cents, Read More

Gold prices were caught in a tight range on Tuesday as investors held back from making large bets ahead of U.S. jobs data later this week expected to shed more light on labor market health and the Federal Reserve’s tapering timeline. Fundamentals Spot gold slipped 0.2% to $1,810.40 per ounce by 0859 GMT, while U.S. Read More

Oil prices fell on Monday as worries over China’s economy resurfaced after a survey showing growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns compounded by higher crude output from OPEC producers. Brent crude oil futures slid by 87 cents, or 1.15%, to $74.54 a barrel by 1145 GMT after Read More

Oil prices fell on Friday but remained on track to post weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the impact of a resurgence in COVID-19 infections across the globe. Brent crude futures for September , which expire on Friday, had dropped 6 cents, or 0.1%, to $75.99 a Read More

Europe’s top energy companies signalled confidence in a lasting recovery from the pandemic impact by drawing on higher oil prices to boost shareholder returns and reassure investors as they roll out risky climate strategies. After swiftly cutting spending and jobs in response to the unprecedented collapse in energy demand last year, executives from Royal Dutch Read More

comex Chart as on 28 July 2021

Copper prices are set to extend their retreat from record highs in the coming months, under pressure from rising mine supply and China’s drive to cap commodity prices, a Reuters poll found. Benchmark copper soared to a record peak of $10,747.50 a tonne in May, partly propelled by speculators betting that strong demand from electric Read More

Oil prices fell $1 on Monday as concerns about fuel demand caused by the spread of COVID-19 variants as well as changes to import rules in China offset expectations of tight supplies through the rest of the year. Brent crude futures for September fell 97 cents, or 1.3%, to $73.13 a barrel by 0850 GMT Read More

Comex Chart as on 23 July 2021

Gold prices steadied on Friday after hitting a more than one-week low in the previous session, as a retreat in U.S. bond yields and weak economic data countered a stronger dollar. Fundamentals Spot gold was flat at $1,806.08 per ounce, as of 0047 GMT, after hitting its lowest since July 12 at $1,791.16 on Thursday. Read More

comex Chart as on 21 July 2021

London copper prices fell on Wednesday, dented by a stronger dollar which rose on worries about climbing COVID-19 cases worldwide. Three-month copper on the London Metal Exchange fell 0.5% to $9,2792 a tonne by 0732 GMT. The most-traded August copper contract on the Shanghai Futures Exchange tracked overnight gains in London to close up 0.2% Read More

Comex Live Chart as on 20 July 2021

Saudi Arabia was China’s biggest crude oil supplier in June for the eighth consecutive month, customs data showed on Tuesday, while shipments from United Arab Emirates and Kuwait fell further, possibly signalling slower imports of Iranian oil. Arrivals of Saudi Arabian crude oil reached 7.2 million tonnes last month, equivalent to 1.75 million barrels per Read More