Gold, Silver Rates Today LIVE: Gold and silver prices traded lower on Thursday, weighed down by a firmer dollar, while higher crude oil prices renewed inflation worries and dampened hopes for near-term interest rate cuts. Spot gold price fell 0.2% to $5,165.73 per ounce, while US gold futures for April delivery declined 0.2% to $5,171.40…
stock market today: The Indian stock market benchmark indices, the BSE Sensex and Nifty 50, are expected to open lower on Thursday, following weak global market cues. Investor sentiment remains cautious as surging crude oil prices fuel inflation concerns and tensions continue to escalate between the US and Iran in the Middle East. Trends in…
Crude oil prices continued to boil in Wednesday’s evening session as traders showed little regard for the International Energy Agency’s decision on 11 March to release the largest volume of emergency oil reserves in its history in an effort to counter the supply disruption caused by the closure of the Strait of Hormuz. Brent crude…
The US stock market is likely to open flat on Wednesday, March 11, as investors continue to monitor tensions in the Middle East, which have entered the 12th day, while also awaiting the February inflation report. Futures of the three key averages—the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite—are trading flat in pre-market…
US Energy Secretary Chris Wright posted a post on Twitter on Tuesday, in which he claimed that the US Navy has successfully escorted an oil tanker from the Strait of Hormuz. It was written in the post that US President Donald Trump is keeping the global energy supply stable during military operations against Iran and…
Former US President Donald Trump said in an interview with CBS News on Monday that he feels the ongoing war against Iran is almost over. He said that this conflict has extended much further than his initial estimate of four to five weeks. The Islamic Revolutionary Guard Corps (IRGC) reacted to Trump’s statement. The organization…
Gold and silver rates today: Gold and silver rates today opened in a negative territory on Wednesday, March 11, after remarks from US officials regarding the Middle East conflict, which has heightened volatility in energy markets. Spot gold rate today was down marginally; however, it remained above the $5,200 level. The yellow metal was trading…
Crude oil prices declined on Wednesday after a report said that the International Energy Agency (IEA) proposed the largest release of oil reserves in its history to bring down crude prices that have soared amid the US-Iran war. According to a Wall Street Journal report, the release would exceed the 182 million barrels of oil…
White House Press Secretary Karoline Leavitt addressed questions on Tuesday (March 10) regarding US President Donald Trump’s claim that Iran had access to US-made Tomahawk cruise missiles, the type likely used in a recent strike on a girls’ school in southern Iran. Leavitt said, “The president has a right to share his opinions with the…
Crude oil prices fell sharply during the evening session on Tuesday, 10 March, as hopes built for a possible release of emergency crude reserves to offset supply shortages. Brent Crude, the international standard, tumbled 12% to the day’s low of $87.06 per barrel. Today’s fall follows a 17% drop from a four-year high in the…
