Crude prices rose in Asian trade on Monday, boosted by encouraging economic data from major importer China, now approaching an OPEC+ meeting for signs of fresh supply. Oil held some risk premium due to growing tensions between Russia and Ukraine.Production activity at the world’s largest oil importer rose significantly in November. However, warnings of additional…
Gold fell to a two-month low on Wednesday morning for Asia. Gold futures were down 0.26% at $ 1,758.95 since Tuesday, April 15. Gold fell 7.5% in June, still feeling the effects of a surprisingly bad policy decision issued by the central bank earlier this month. However, it increased by 3.3% in the second quarter…
Gold in Asia fell against the dollar on Thursday morning, with investors pushing the U.S. Additional signals of inflation in and mobilized to seek economic recovery from the COVID-19 epidemic. Gold futures were down 0.35% at $ 1,888.95. The dollar, which usually moves in the opposite direction to gold, is the 10-year U.S. dollar. Treasury…
National Miner Coal India Limited (CIL) has seen a 52.5% increase in its e-auction coal sales in the first two months of the current financial year. In a public statement, CIL said it had set aside 21.5 million tonnes under five auction windows. As demand for coal increased, CIL recorded an increase of 16% over…
Gold fell in Asia on Friday morning, hitting a two-week low and recording its worst week in three months. Positive U.S. Employment data boosted dollar and bond yields, and investors were concerned about the reversal of stimulus measures. Gold futures are down 0.07% at $ 1,871.90 below $ 1,900. The dollar, which normally moves against…
Gold fell in Asia on Thursday morning after a four-and-a-half month high in the previous session, with investors expecting the U.S. to release key economic data later in the day. Gold futures are down 0.04% at 9,900.50. The dollar, which normally moves against gold, rose on Thursday. U.S. Treasury yields rose to 1.58%. Although central…
