Gold prices fell in the domestic futures trade on Monday on lower demand by jewellers at the spot market, whereas a rally in equities took also dented the safe-haven asset. The trend in the overseas markets was also uninspiring. Gold slipped in the wake of the dollar's rise against its major global peers. The MCX... Continue Reading →
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Oil dips after US crude hits near 2-year high on pipeline shutdown
Oil prices eased on Thursday, with US crude falling away from two-year highs reached the day before, but the shutdown of the Keystone pipeline and a drawdown in fuel inventories continued to bolster markets despite worries over rising output. US West Texas Intermediate (WTI) crude futures were at $57.89 a barrel at 0749 GMT, down... Continue Reading →