The price of WTI crude oil futures are settling at $79.16. That’s down $1.70 or -2.10%. The high price today reached $81.24. The low price reached $78.93. As mentioned in a prior post, the low price was able to start to dig into the gap from the OPEC+ weekend meeting where they cut production (on
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Gold prices declined Rs 510 to Rs 59,940 per 10 grams in the national capital on Wednesday amid weak global trends, according to HDFC Securities. The precious metal had closed at Rs 60,450 per 10 grams in the previous trade. Silver also plummeted Rs 920 to Rs 74,680 per kg. “Spot gold prices in the
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Share: Open interest in gold futures markets rose by just 300 contracts on Tuesday after two daily drops in a row according to preliminary readings from CME Group. Volume, instead, shrank for the second straight session, now by more than 105K contracts. Gold faces some consolidation near term Tuesday’s uptick in gold prices was on
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The markets have been somewhat directionless this week, with most major currencies remaining within last week’s trading ranges against one another, excluding a few Yen pairs. US stock indexes are consolidating in tight ranges with minor pullbacks, while the 10-year yield struggles below a short-term resistance level. Gold prices are recovering weakly, and oil prices
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Share: Federal Reserve’s policymakers’ hawkish comments did not underpin the US Dollar US housing data missed estimates, though EUR/USD traders ignored it. EUR/USD Price Analysis: Upside risks lie at 1.1000, potentially exposing the YTD high; downside risks are below 1.0900. EUR/USD snaps two days of consecutive losses and climbs, and seesaws around the 1.0950 figure,
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