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Crude oil on improving demand, Brent trades

Crude oil futures traded marginal gains the spread of coronavirus. The economic recovery in US & Europe on the back of increasing rate of COVID-19 vaccination.

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Gold prices slide globally on broad asset sell-off, stronger US dollar

The precious metal has been trading lower than 5, 20 and 200 days’ moving averages but higher than the 50 and 100 moving averages.

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Rupee Opens 13 Paisa Lower At 73.48 Against US Dollar.

Crude oil, which has a major impact on the rupee, settled higher the previous day.

Brent crude settled up 4 cents, or 0.1 percent, at $68.32 a barrel. US West Texas Intermediate crude was up 2 cents, or 0.03 percent, at $64.92. Both benchmarks rose more than 1 percent last week, their second consecutive weekly gain.

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