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Commodity outlook: Crude oil leaps; here's how others may fare

Here is how SMC Global expects commodities to fare today.

Palm oil set for 4% weekly fall on demand concerns

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange hit its lowest since March 23.

Crude oil prices fall on scepticism over Trump's Saudi-Russia output deal

Brent crude futures fell 3.27 per cent, or 98 cents, to $28.96 per barrel, after having soared 21 per cent on Thursday.

Gold prices today leap as rising Covid cases lead to flight to safety

Globally, gold inched down after rising 1.4 per cent in the previous session as the U.S. dollar firmed.

Gold jumps; record US jobless claims lift safe-haven demand

Spot gold gained 0.9% to $1,605.60 per ounce by 10:49 am EDT (1449 GMT), while U.S. gold futures rose 2.4% to $1,629.20.

Oil spikes after Trump says Saudis and Russians to cut output

Trump said he expects Saudi Arabia and Russia to cut oil output by about 10 million barrels.

BULL'S EYE

Sale of old gold may surge after lockdown, say jewellers

The gold trade is expecting that the farming community may become the biggest seller of the metal.

Want a gold bar under the mattress? Get in line and pay up

Certain products also command more of a premium than others.

Trades on MCX soar as global volatility shifts focus to metals

While gold and silver volumes more than doubled on year in the March quarter, trading in crude has seen an increase of 66 per cent.

Gold extends gains on worries about slump in global growth

The pandemic is putting increasing strains on emerging market economies, but the International Monetary Fund has sufficient resources to meet their needs for now, IMF officials said on Wednesday.

Oil surges as Trump talks up hopes for truce in Saudi-Russia price war

Oil surges as Trump talks up hopes for truce in Saudi-Russia price war

Brent crude futures rose more than 11% in early trade.

Oil plunges 4% as oversupply fears pile up with US inventories growth

Oil plunges 4% as oversupply fears pile up with US inventories growth

Oil prices are near their lowest since 2002 amid the global coronavirus crisis.

Palm oil prices extend losses as market braces for demand plunge due lockdowns

Palm oil prices extend losses as market braces for demand plunge due lockdowns

Malaysia's palm oil exports in March rose between 6.1 per cent and 6.9 per cent from a month earlier, cargo surveyors said on Tuesday.

World’s top gold market freezes as Chinese shoppers stay away

World’s top gold market freezes as Chinese shoppers stay away

China is the biggest buyer of gold bars, coins and jewelry.

Commodity outlook: Crude oil plunges; here's how others may fare

Commodity outlook: Crude oil plunges; here's how others may fare

Here is how SMC Global expects commodities to fare today.

Gold rate fall as profit booking continues; silver jumps

Gold rate fall as profit booking continues; silver jumps

The Indian spot gold markets remained shut on Tuesday due to countrywide lockdown to control COVID-19, according to HDFC Securities.

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