Commodities-Markets-The Economic Times
Opec to raise crude oil production: Experts' take
Saudi Arabia and Russia said they were happy to pump more but Iran had criticised the idea.
Opec reaches deal to raise oil output by 1 million bpd from July
The US, China and India had urged Opec to release more supply to prevent an oil deficit.
Crude prices to become cheaper or dearer? Opec to decide today
Here're the most likely scenarios for the decisive gathering, based on Opec’s storied past.
Commodity outlook: Mentha oil may edge up, natural gas trade sideways
Here's a look at the how the key commodities are likely to trade in Friday’s session.
Gold Rate Today: Gold flat, silver trades higher in morning trade
MCX Gold futures were trading 0.01 per cent, or Rs 4 lower at Rs 30,612 per 10 grams.
Tight credit may hit diamond exporters
Gems and jewellery exports were down by 13.51 per cent from the year-ago period.
Duty hike on US Chana, Masur may not impact prices here
Canada accounts for 90 per cent of India’s masur imports, while the US accounts for only 7.4 per cent.
Opec moves towards raising oil supply as Iran softens stance
Saudi Arabia and Russia said an increase of 1 mbpd had become a near-consensus proposal.
Oil rises 2% as Opec agrees to raise output
The deal looked to be in line with many analysts' forecasts.
Gold prices edge up as dollar retreats from 11 month peak
US gold futures for August delivery were 0.1 per cent higher at $1,271.50 per ounce.
Commodity Outlook: Crude oil may trade with positive bias ahead of Opec meet
Here's a look at how the key commodities are likely to move on MCX in today's session.
Gold Rate Today: Gold, silver slip in morning deal
Holdings of the largest silver-backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 9842.48 up 73.81 tonnes, from the previous business day.
Oil falls as Opec nears deal to raise production
Washington and Beijing have both threatened punitive tariffs on each other's exports, including US crude oil.
Gold prices drop to 6 month low on strong dollar, US rate outlook
Palladium was 0.3 per cent lower at $961.47 per ounce. It hit $959 earlier in the session, its lowest since May 4.
Gold likely to come out of slumber; these 3 factors can boost prices
Investors will soon start realising the true value of gold based on demand & supply dynamics.
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