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Latest Articles in Commodities
Is Gold Losing Its Lusture ?
The total demand for gold in India dwindled by 35 percent in 2020 to 446.4 tonnes — lowest in the last 25 years — from 690.4 tonnes in 2019.
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Gold Futures Gain On Spot Demand
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 227, or 0.47 per cent, at Rs 48,740 per 10 gram in a business turnover of 3,003 lots.
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Gold Firms On Softer Dollar, Concerns Over Rising Virus Cases
Spot gold fell 4.6% on Monday, its biggest daily fall since Aug. 11, after drugmaker Pfizer said its COVID-19 vaccine was more than 90% effective based on initial trial results, boosting risk appetite.
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NIFTY Continues To Be In “Buy On Dips” Mode, With No Apparent Signs Of Relenting
Resistance could be seen at 12,100 and support at 11,400 and a strong support at 11,000, in the near term.
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Gold Steadies As Dollar Tepid Ahead Of Trump-Biden Debate
Spot gold little changed at $1,880.01 per ounce by 0517 GMT. Prices rose 1.1% in the previous session, its biggest one-day gain since late August.
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Gold Loses Sheen As Robust Dollar Weighs
Silver fell 1.5% to $24.05 per ounce, platinum rose 0.4% to $869.91 and palladium eased 0.3% to $2,215.24.
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Gold Drops As Dollar Surges To Six-Week High
Spot gold fell 0.9% to $1,895.38 per ounce by 0738 GMT. Prices fell more than 3% to $1,882.70 on Monday, the lowest level since Aug. 12.
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Rupee Settles 21 Paise Higher At 73.45 Against US Dollar
At the interbank forex market, the domestic unit opened at 73.47 against the US dollar, and finally settled for the day at 73.45, registering a rise of 21 paise over its previous close.
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Gold Gains As Softer Dollar, Economic Concerns Bolster Appeal
Spot gold climbed 0.6% to $1,953.70 per ounce by 0710 GMT, up 0.6% so far this week.
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Gold Drops 1% As Dollar Rises After Fed's Upbeat Economic View
Spot gold was down 1.1% to $1,938.12 per ounce by 0321 GMT. U.S. gold futures slipped 1% to $1,951.30.
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Gold Slips Rs 137; Silver Too Declines Rs 517
Silver also declined Rs 517 to Rs 70,553 per kg, from the previous close of Rs 71,070 per kg.
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Gold Rises By Rs 422, Silver Jumps Rs 1,013
Silver also witnessed buying interest as it jumped Rs 1,013 to Rs 70,743 per kilogram from Rs 69,730 per kilogram in the previous trade.
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Global Markets: Asian Stocks Head Higher On China Data, Markets Eye Fed Meeting
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.3%, for a fourth straight day of gains.
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Gold Rises By Rs 287, Silver Jumps Rs 875
Silver prices also gained Rs 875 to Rs 69,950 per kilogram from its previous close of Rs 69,075 per kilogram.
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Gold Rises By Rs 161, Silver Jumps Rs 800
Silver prices also gained Rs 800 to Rs 68,095 per kg from its previous close of Rs 67,295 per kg.
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