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 […]
Commodity price
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 […]
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 […]
Gold Up on Mixed U.S. Stimulus News
By Administrator _India Capital Sands Gold futures inched up 0.08% to $1,863 by 11:53 PM ET (3:53 AM GMT). Investors in gold were left uncertain as to which way to turn on Friday morning in Asia. Overnight, the U.S. has made two conflicting moves regarding the future of its COVID-19 stimulus […]
Diesel, Petrol prices remain unchanged for 19th straight day
By Administrator_ India Capital Sands Petrol and diesel prices remained unchanged on Thursday, as state-run oil marketing companies held the fuel prices steady. Rates differ from state to state depending on the incidence of VAT. Taxes make up for nearly two-third of the retail selling price. In September, diesel prices […]
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 […]
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 […]
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. […]
Oil slips as traders eye supply cut easing at OPEC meeting
By Administrator_India Capital Sands Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude fell 27 cents to $42.97 a barrel, while U.S. […]
Gold poised for best quarter in four years as virus fears persist
By Administrator_India Capital Sands Gold held close to a near eight-year peak on Tuesday, en route to its best quarter in more than four years, as worries over rising cases of the novel coronavirus and its economic fallout boosted safe-haven demand. Spot gold was steady at $1,771.30 per ounce, […]