Business

October 7, 2023 8:35 PM October 7, 2023 8:35 PM

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Global crude oil prices posted steepest weekly losses since March, after demand fears

Global crude oil prices posted their steepest weekly losses since March, after another partial lifting of Russia's fuel export ban compounded demand fears due to macroeconomic headwinds. So, the Brent crude oil futures ended the week at 84.58 dollars per barrel, tanking 11 percent during the we...

October 6, 2023 7:15 PM October 6, 2023 7:15 PM

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Gold price up five rupees, to trade at Rs 56,615/ ten grams

Today, Gold was trading up at the Multi Commodity Exchange for December contracts. The precious metal was up 5 rupees, or 0.01 percent to trade at 56,615 rupees per ten grams. Silver futures for December contracts also rose 325 rupees, or 0.49 percent to trade at 67,100 rupees per kilo when reports ...

October 6, 2023 6:32 PM October 6, 2023 6:32 PM

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Rupee closes at 83.25 against the US dollar

In the forex market, the rupee closed at 83 rupees and 25 paise against the US dollar.   The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 106.31 in intra-day trade. 

October 6, 2023 5:31 PM October 6, 2023 5:31 PM

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Brent crude prices stable, trades at at 84 dollars and 40 cents per barrel

Brent crude prices were stable today but were on course for a week-on-week loss, as demand fears driven by macroeconomic headwinds were compounded by another partial lifting of Russia's fuel export ban.   In intra-day trade, Brent crude was trading at 84 dollars and 40 cents per barrel. We...

October 6, 2023 5:30 PM October 6, 2023 5:30 PM

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Three major US indices ended slightly lower after bouncing off session lows

The three major US indices ended just slightly lower after bouncing off session lows yesterday amid investors awaiting Friday's monthly jobs report and further possible clues on the outlook for interest rates.   The Nasdaq Composite and the S&P 500, both fell 0.1 percent and the Dow Jo...

October 5, 2023 6:40 PM October 5, 2023 6:40 PM

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Rupee closes at Rs 83.26 against the US dollar

In the forex market, the rupee closed at 83 rupees and 26 paise against the US dollar.   The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 106.70 in intra-day trade. 

October 5, 2023 6:29 PM October 5, 2023 6:29 PM

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Gold price up 10 rupees, to trade at 56,730 rupees per ten grams

Today, Gold was trading up at the Multi Commodity Exchange for October contracts. The precious metal was up 10 rupees, to trade at 56,730 rupees per ten grams. Silver futures for December also rose 315 rupees, to trade at 67,200 rupees per kilo when reports last came in.   In the global markets...

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