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Gold prices edged lower on Wednesday on the US dollar strengthening. Investors are also waiting for the US Fed meeting’s outcome for hints on tapering of economic support measures.

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The dollar was steady near the one-month high against its

counterparts, making gold more expensive for other currency

holders. Some investors view gold as a hedge against higher

inflation that could follow stimulus measures.

 

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Gold prices edged lower on Wednesday on the US dollar

strengthening. Investors are also waiting for the US Fed

meeting’s outcome for hints on tapering of economic support

measures.

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Oil prices rose on Wednesday, with Brent gaining for a fifth consecutive session, as falling stockpiles and a recovery in demand encouraged investors.

Brent crude was up 69 cents, or 0.9%, at $74.68 a barrel by 0200 GMT, having risen 1.6% on Tuesday.

U.S. crude gained 66 cents, or 0.9%, to $72.78 a barrel, after rising 1.7% in the previous session.

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Last Updated on : 12:54:57 15-Jun-2021
SymbolExpiryLTPHighLowOpenCloseChange
GOLD05AUG20214865648697484724850948523+133
SILVER05JUL20217150671791712027179171879-373
CRUDEOIL21JUN202152185220518851905191+27
COPPER30JUN2021729.00744.30726.15744.30745.85-16.85
NICKEL30JUN20211320.501334.001312.101334.001354.90-34.40
LEAD30JUN2021170.80171.60170.00170.80172.35-1.55
ZINC30JUN2021238.20239.20236.40239.20242.70-4.50
ALUMINIUM30JUN2021195.15195.90194.25195.30196.75-1.60
NATURALGAS25JUN2021246.30246.70245.00245.00243.50+2.80

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Gold News Update :-

 

Gold futures on Multi Commodity Exchange (MCX) were

down by 0.51 per cent, or Rs 51, at Rs 48,472 per 10 grams.

Silver futures shed 0.80 per cent, or Rs 575, to Rs 71,304 per

kg.

 

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Crude Oil Update :-

 

Brent crude was up by 43 cents, or 0.6%, at $73.29 a barrel by

0134 GMT, having risen 0.2% on Monday. U.S. oil gained 41

cents, or 0.6%, to $71.29 a barrel, having slipped 3 cents in

the previous session.

 

 

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