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Saudi delivers deeper cuts as OPEC+ oil producers back new pact

Brent oil rose 2 per cent to more than $64 a barrel after the announcement.

Opec’s output cut to have muted impact

A $10 increase in global crude oil prices shaves off India's GDP by up to 30 bps.

Goldman says case to diversify with gold ‘as strong as ever’

Gold has fallen more than 6 per cent from the peak in the spot market on Friday.

OPEC’s oil surprise came as skeptics were doubting price rise

Money managers “didn’t know that this OPEC decision was coming,” Rob Haworth, who helps oversee about $150 billion at U.S. Bank Wealth Management in Seattle, said Friday. “They have yet to price in the OPEC+ decision today.”

Saudi, Russia win over oil producers to deeper cuts

Benchmark Brent oil prices were steady on Friday near $63 per barrel.

Commodity outlook: How gold, silver, nickel, crude oil

MCX Gold has support at Rs.37940 – 37750 whereas resistance is at Rs.38130 – 38290.

BULL'S EYE

Oil on track for weekly gain as OPEC+ set to confirm supply cut

West Texas Intermediate oil futures fell 9 cents to $58.34 a barrel.

Gold falls on China tariff move, but set for a weekly gain

Spot gold was down 0.2 per cent at $1,473.16 an ounce at 0802 GMT.

Gold imports slide for a fifth month as economy slows

Inbound shipments dropped 19 per cent from a year earlier to 56.1 tons.

Base Metals: Aluminium, lead, zinc rise in futures amid strong demand

Lead prices on Friday traded higher by 30 paise to Rs 152.90 per kg in futures trade .

Precious Metals: Gold, silver slump in futures trade amid weak demand

Precious Metals: Gold, silver slump in futures trade amid weak demand

In the international market, silver prices fell 0.43 per cent to $16.99 an ounce in New York.

Crude oil futures slip on weak global cues

Crude oil futures slip on weak global cues

Crude oil futures on Friday fell by Rs 2 to Rs 4,159 per barrel.

Agri Commodities: Mustard, soya oil, guar seed trade up in futures amid strong demand

Agri Commodities: Mustard, soya oil, guar seed trade up in futures amid strong demand

Refined soya oil prices on Friday rose 0.93 per cent to Rs 848 per 10 kg in futures trade.

Commodity outlook: Base metals gain; here's how others may trade

Commodity outlook: Base metals gain; here's how others may trade

Meanwhile, energy and precious metals registered losses.

Gold Rate Today: Gold, silver slip as trade deal hopes rekindle

Gold Rate Today: Gold, silver slip as trade deal hopes rekindle

MCX Gold (Feb) futures were down 0.15 per cent to Rs 38,026 per 10 grams.

Gold poised for a weekly gain on US-Sino trade angst; eyes on US jobs data

Gold poised for a weekly gain on US-Sino trade angst; eyes on US jobs data

US gold futures were down 0.2 per cent at $1,480.40.

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