Commodity price
February 24, 2021
14 views 2 mins 0

Petrol nears Rs 91/litre mark in Delhi, above Rs 97 in Mumbai

By Administrator_ India Capital Sands Petrol price on Tuesday neared the Rs 91 per litre mark in the national capital and diesel crossed Rs 81 a litre, as fuel prices were hiked again after a two-day pause. Petrol and diesel prices were raised by 35 paise per litre each, sending retail rates to an all-time high, according to a […]

Commodity price
February 08, 2021
17 views 2 mins 0

Oil Up, Brent Futures Close to $60 Mark Over U.S. Stimulus Hopes

By Administrator_ India Capital Sands Oil was up Monday morning in Asia, with supply cuts by key producers and hopes for further U.S. stimulus measures giving the black liquid a boost. Brent oil futures gained 0.54% to $59.88 by 10:51 PM ET (3:51 AM GMT), and is close to topping the $60 mark for the first time since […]

Commodity price
January 07, 2021
15 views 14 secs 0

Gold inches down as higher yields outweigh stimulus optimism

By Administrator_ India Capital Sands Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus. Spot gold eased 0.1% to $1,916.77 per ounce by 0250 GMT, after declining more than 1.5% in the previous session. U.S. gold futures climbed […]

Commodity price
December 28, 2020
17 views 3 mins 0

Gold Up After Trump Signs Latest Stimulus Measures

By Administration_ India Capital Sands Gold was up on Monday morning in Asia, boosted by the news that U.S. President Donald Trump signed a long-awaited COVID-19 relief bill into law. Gold futures were up 0.84% at $1,899.05 by 11:23 PM ET (4:23 AM GMT), after jumping 1% earlier. The dollar was down on Monday, also giving […]

Commodity price
October 16, 2020
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Gold Heads for First Weekly Drop in Three as Stimulus in Focus

By Administrator _ India Capital Sands Gold’s been trading in a narrow range so far in October amid uncertainty surrounding the prospects of a stimulus deal being passed before the Nov. 3 presidential election. The International Monetary Fund has said that more public spending will be needed to complete the economic recovery from coronavirus. Spot […]

Commodity price, FED
August 28, 2020
19 views 2 mins 0

Gold Heads for Third Weekly Decline as Powell’s Speech Assessed

By Administrator_India Capital Sands   Gold headed for a third weekly drop as investors weighed the impact of the Federal Reserve’s new approach to setting U.S. monetary policy, with a more relaxed stance on inflation. Chair Jerome Powell said that the Fed will seek inflation that averages 2% over time, a step that implies allowing […]

Commodity price, Economy
August 21, 2020
15 views 3 mins 0

Oil Holds Weekly Gain as Gloomy Economic Signals Damp Rebound

By Administrator_India Capital Sands   Oil clung onto its third week of gains, despite a retreat since mid-week on gloomy economic signals in the U.S. and a cautious tone from the Federal Reserve and OPEC+ producers. Futures in New York were little changed, after falling 0.7% on Thursday. Applications for U.S. unemployment benefits unexpectedly increased […]

Commodity price, Covid-19
August 19, 2020
17 views 3 mins 0

Dollar under pressure as economic uncertainties linger

By Administrator_India Capital Sands   The dollar struggled to recoup heavy overnight losses on Wednesday after it slipped to 27-month low the previous session as uncertainties about an economic recovery and the U.S. fiscal stimulus package weighed. The dollar hit fresh lows against most major currencies overnight as the ongoing effects of the Federal Reserve’s […]

Commodity price, Covid-19
August 17, 2020
16 views 2 mins 0

Gold Up Over Sluggish Economic Outlook, Lingering Risk Appetite Caps Gains

By Administrator_India Capital Sands   Gold was up on Monday morning in Asia over signs of a slow economic recovery. Gold futures inched up by 0.04% to $1,950.60. U.S. retail sales data released last Friday recorded a lower-than-expected growth of 1.2% month-on-month, compared to the 1.9% expected in forecasts prepared by Investing.com. Japan’s GDP data released earlier […]

Commodity price, Economic News
August 12, 2020
25 views 2 mins 0

Gold Price Crashes as Dollar Pulls Up from Record Lows

By Administrator_India Capital Sands   Gold fell sharply on Wednesday morning in Asia, continuing losses from the previous sessions in North America and Europe. Gold futures slid 2.52% to $1,897.20. The pullback was not altogether unexpected, with analysts expecting a correction after the per-ounce price of the yellow metal topped $2,000 dollars. The turnaround came […]