Gold price dips Rs 10 to Rs 87,760, silver down Rs 100 to Rs 1,00,400
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 80,440
https://www.business-standard.....com/markets/commodit
De-dollarisation of oil purchases has never been objective: Hardeep Puri
Union Petroleum and Natural Gas Minister Hardeep S Puri said on Friday that de-dollarisation of oil purchases was never the objective, emphasising that "most transactions are in dollars and always have been".
Instead, he clarified that the primary objective is to procure sufficient oil "at lower prices" to help control inflation.
"De-dollarisation is not an objective at all. Most of these (oil) transactions are in dollars and always have been. We had one transaction in rupees, but I think it was a very small one. Transactions in rupees are a good thing, but it takes two to tango," Puri told PTI during a press conference.
Exuding confidence that India has established contacts with the new US administration led by President Donald Trump, he said the Indo-American relationship on the energy front will deepen.
According to the Union Minister, India is already purchasing energy worth up to USD 20 billion from the US, emphasising that Prime Minister Narendra Modi recently had a very ...
https://www.business-standard.....com/industry/news/de
Gold price dips Rs 10 to Rs 87,740, silver falls Rs 100 to Rs 1,00,300
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 80,240
https://www.business-standard.....com/markets/commodit
Silver Prices Rally Higher, Eyeing $35 Target
Silver markets showed strong upward momentum on Thursday, pushing against recent resistance levels. The market is testing resistance established by last Friday’s shooting star pattern, with a breakthrough potentially opening the path to $35. While the longer-term outlook remains bullish, strong support levels at $32.35 and $32 could provide buying...
https://goldsilver.com/industr....y-news/goldsilver-ne
World Gold Council and FT Editor Discuss Gold’s Future
The latest episode of Unearthed brought together key industry experts to examine the complex factors influencing today’s gold market. World Gold Council Senior Market Strategists Joe Cavatoni and John Reade hosted Financial Times’ US financial markets editor Robert Armstrong, known for his Unhedged newsletter, for an in-depth discussion. The conversation...
https://goldsilver.com/industr....y-news/goldsilver-ne
