TODAY MARKET NEWS
Gold steady after posting their sharpest weekly rise in more than a month, as the euro zone kicks off a week packed with meetings. http://www.goldennifty.com
Gold imports are the third-largest of India's merchandise imports after crude oil and capital goods. In 2010, about 92 per cent of the supply of gold in India was met through net imports and the rest through recycled gold and other sources. http://www.goldennifty.com
Oil prices rose above $101 a barrel amid growing tensions between Iran and Western powers and signs the US economy is improving. http://www.goldennifty.com
Brent crude was up $1.30 at $111.24 a barrel by 1451 GMT, after last week posting a gain of more than 3 percent, its best weekly gain since mid-October. Earlier, Brent had pushed to an intraday high of $111.62 a barrel. US crude was up $1.06 to $102.02 a barrel, having posted a gain of 4.3 percent last week. http://www.goldennifty.com
No comments:
Post a Comment