Crude oil prices were dropped on Wednesday amid worries that demand would stall on the back of the trade war between the United States and China.
Crude Oil prices advanced on Tuesday, extending strong gains from Monday’s trade amid expected OPEC-led supply cuts.
On Monday, there was considerable fall in gold prices due to profit booking. Gold prices declined by Rs 34 to Rs 31,244 per ten gram in futures trade on account of profit-booking by participants.
Fuel prices (Petrol & Diesel) in India were cut for the third straight day on Saturday.
Multi Commodity Exchange of India Limited (MCX) has opened five new delivery centers for gold in Hyderabad, Chennai, Kochi, Kolkata and Bangalore.. The move intends at bringing more inclusion of regional small & medium jewellers into organized hedging and delivery mechanism.. Read more..
US crude futures jumped 7% the previous day, suffering their biggest one-day loss in more than three years