Gold Rate Today: Gold, silver bullish on global trend, higher spot demand::

Positive global trend and raised demand by local jewellers at the spot market helped gold trade with healthy gains in the domestic futures market in Wednesday’s session. As per Reuters, gold prices edged up on Wednesday to hit their highest since May 2018, supported by uncertainty over US-China trade relations and expectations that the Federal Read more about Gold Rate Today: Gold, silver bullish on global trend, higher spot demand::[…]

Gold climbs beyond $1305 level, highest since mid-June 2018:: (WWW.COMMODITY.GURU )

The prevalent cautious mood continues to underpin the metal’s safe-haven appeal. • Dovish Fed expectations keep the USD bulls on the defensive and remain supportive. • Focus remains glued to the latest FOMC policy update/high-level US-China trade talks. Gold finally broke out of its Asian session consolidation phase and climbed to fresh multi-month tops, around Read more about Gold climbs beyond $1305 level, highest since mid-June 2018:: (WWW.COMMODITY.GURU )[…]

Oil falls on increased U.S. rig count, China industrial slowdown::

* U.S. rig count last week rose for the first time in 2019 * China Dec. industrial profits shrink for 2nd month * China hopes fiscal stimulus can stem economic slowdown * U.S. oil production & drilling levels: https://tmsnrt.rs/2S87iVI (Adds comment, updates prices) il prices fell by 1 percent on Monday after U.S. companies added Read more about Oil falls on increased U.S. rig count, China industrial slowdown::[…]

U.S. Oil Production Is 23 Years Ahead of Schedule::

A year ago, the U.S. government saw American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year. The Energy Information Administration now estimates output will top out at 14.53 million barrels a day in 2031, according to its Annual Energy Outlook released Thursday. Why such Read more about U.S. Oil Production Is 23 Years Ahead of Schedule::[…]

Oil prices fall on worries fuel demand to stall amid slowing global growth::

Oil prices declined on Thursday amid lingering concerns over slowing global economic growth that may limit fuel demand and after a surprise build in U.S. crude inventories. International Brent crude oil futures LCOc1 were at $60.89 a barrel at 0352 GMT, down 25 cents, or 0.4 percent, from their last settlement, having closed down 0.6 percent in Read more about Oil prices fall on worries fuel demand to stall amid slowing global growth::[…]

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