Similarly, the metal for delivery in September declined by Rs 454, or 0.80 per cent, to Rs 56,134 per kg in 132 lots. Analysts said besides weak trend in overseas markets strengthening dollar, reduced appeal for precious metals, subdued demand at domestic spot markets following an end of wedding season mainly led to a fall [...]
The dollar-priced gold in global markets, which normally set price trend on the domestic front here, fell 1.1 per cent to USD 1,587.28 an ounce, the lowest since January 3 and silver by 1.8 per cent to USD 28.92 an ounce, the cheapest since January 9. In addition, domestic demand dried up due to off-marriage [...]
MUMBAI: Gold prices continued the falling trend at the bullion market here today on hectic sell-off by investors and stockists following a sharp slide in international market. Silver also witnessed a massive speculative unwinding on the back of poor industrial support. On the global front, gold nose-dived below the psychological USD 1,600-mark to touch a [...]
MUMBAI: Gold prices continued the falling trend at the bullion market here today on hectic sell-off by investors and stockists following a sharp slide in international market. Silver also witnessed a massive speculative unwinding on the back of poor industrial support. On the global front, gold nose-dived below the psychological USD 1,600-mark to touch a [...]
NEW DELHI: Gold and silver prices regained some of the lost ground today on the back of fresh buying by stockists and speculators, driven by a firm trend overseas. Gold, which had lost Rs 285 in the previous session, recovered by Rs 260 to Rs 23,420 per 10 grams, while silver wiped off yesterday’s losses [...]
Between March 2001 and April 2012, the price of gold never fell for 3 months in succession. “Two months max”made for a great sloga…
In trading on Tuesday, shares of Occidental Petroleum Corp (NYSE: OXY) crossed above their 200 day moving average of $92.85, changing hands as high as $93.09 per share. Occidental Petroleum Corp shares …
FINDLAY, Ohio, May 1, 2012 – Marathon Petroleum Corporation (MPC) announced today that while it continues to evaluate strategic alternatives to enhance shareholder value with respect to certain midstream assets, MPC`s board of directors has authoriz…
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British oil major BP will come out with its Q1 earnings on Tuesday. We expect the company to post …
As the center of gravity in the global refining industry shifts away from American consumers to rapidly growing emerging markets, oil and gas companies face major implications. Sales in the US, once a ke…