Commodities

MCX Gold

26942.0
Change
127.0
Open
26849.0
High
26958.0
Low
26831.0
Times
12/19 12:36
Data as of 12:53pm IST (Delayed at least 20 minutes).

International Gold

1,200.20
Change
+5.50
Open
1,198.00
High
1,200.20
Low
1,197.90
Times
12/19 12:25
Data as of 12:53pm IST (Delayed at least 20 minutes).

MCX Silver

36675.0
Change
120.0
Open
36453.0
High
36700.0
Low
36452.0
Times
12/19 12:36
Data as of 12:53pm IST (Delayed at least 20 minutes).

International Crude

59.49
Change
+0.22
Open
59.85
High
60.01
Low
59.26
Times
12/19 12:41
Data as of 12:53pm IST (Delayed at least 20 minutes).

Gold Market Report

PRECIOUS-Gold steadies below $1,200, eyes weekly fall

* Some buying interest seen supporting gold near $1,200 (Adds comment, updates prices)

PRECIOUS-Gold steadies below $1,200, eyes weekly fall as dollar firms

SINGAPORE, Dec 19 - Gold steadied below $1,200 an ounce on Friday and was set to end a two-week rally as the dollar gained on expectations that the U.S. Federal Reserve is on course to raise interest rates next year. FUNDAMENTALS * Spot gold was off 0.2 percent at $1,195.66 an ounce by 0035 GMT. Bullion has lost more than 2 percent so far this week, after rising in the past two. * That fall was largely on account of Monday's 2.5-percent drop - its deepest this year - a

PRECIOUS-Gold rises as Fed takes patient stance on rate hike

* Fed: Rate hike unlikely for at least "couple of meetings"

PRECIOUS-Gold gains as Fed takes "patient" stance on rate hike

* Yellen: Rate hike unlikely "for at least a couple of meetings"

PRECIOUS-Gold near 2-week low with Fed on track to hike rates

SINGAPORE, Dec 18 - Gold hovered near its weakest level in more than two weeks on Thursday after the Federal Reserve signaled it was on track to increase interest rates next year as the U.S. economy strengthens. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,189.86 an ounce by 0023 GMT, not far above Wednesday's trough of $1,183.73 which was its lowest point since Dec. 1. * U.S. gold slipped 0.4 percent to $1,190.20 an ounce. * The U.S. central bank said it woul

Russia's Rosneft says 2014 reserve growth higher than expected

MOSCOW, Dec 19 - Russia's largest oil producer Rosneft said on Friday its 2014 reserves growth exceeded forecasts and was expected at more than 450 million of oil equivalent.

In dealings with the West, Erdogan holds all the cards

ISTANBUL, Dec 19 - President Tayyip Erdogan's tightening grip on power is likely to meet little more than symbolic resistance from the West next year, as Turkey's G20 presidency and the fight against Islamic State trump concerns about a slide towards authoritarianism.

UPDATE 2-Brent steady below $60, heads for 4th weekly decline as glut persists

* Oil firms need to cut 2015 spending by $170 bln -Wood Mackenzie (Updates prices)

GLOBAL MARKETS-Asia stocks boast biggest rise in 15 mths, BOJ brightens

* Swiss central bank imposes negative rates to restrain franc

Lower oil prices expected to boost Asian demand growth in 2015

SINGAPORE, Dec 19 - Lower oil prices could boost demand in Asia in 2015, with spot interest for diesel, Asia's most widely used fuel, picking up in countries like Vietnam, Philippines and Indonesia, traders and analysts said.

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Nikkei 17,621.40 +411.35 +2.39%
Hang Seng 23,142.12 +309.91 +1.36%
Sensex 27,447.39 +320.82 +1.18%
EUR/INR 77.469 +0.13%
USD/INR 63.055 +0.01%
GBP/INR 98.724 +0.05%
Gold 1,200.20 +5.50 +0.46%
Oil 54.67 +0.56 +1.03%
Corn 410.00 -1.00 -0.24%

Counting Pennies In Venezuela

13 Nov 2014

"The government has been pretty adamant about its intention to service its debt ....," - Matt Ryan, portfolio manager at MFS Investment Management.

China economic reforms may result in $14.4 trillion GDP, growth at 6 percent – Asia Society report

23 Oct 2014

Sweeping economic reform initiated by China President Xi Jinping in November 2013 marked a turning point for the world's second biggest economy. If implemented fully, China's potential GDP growth can be sustained at 6 percent through 2020. One risk: Falling short of that growth rate could result in growth at half that projection, or worse, leading to a new economic crisis, according to a new study.

Strong dollar, weak oil and emerging markets growth

17 Oct 2014

The stronger dollar has tightened liquidity conditions, hampering the growth recovery in emerging markets but if oil keeps falling that could change.