Home / Tag Archives: prices

Tag Archives: prices

U.S. drillers added oil rigs for the 17th straight week

U.S. drillers added oil rigs for the 17th straight week picture-12714-310x165

Oil prices settled slightly higher on Friday as lower U.S. crude inventories and increasing support for continued OPEC-led production cuts inspired hope that the global supply glut can be reduced. “Owing to the rapid recovery in U.S. oil production, OPEC obviously only has limited influence on prices via supply curbs,” …

Read More »

Gold rose by $2.30 or 0.2% to settle at $1,230 an ounc for June

gold shares

Gold settled at a nearly two-week high Monday after more show of nuclear strength from North Korea, while platinum, copper and silver advanced, finding traction after weekend comments from China about a boost in infrastructure projects. “Some geopolitical concerns have given a positive hand to the metal: a successful missile …

Read More »

India has imported gold worth $4 billion in the last month

India has imported gold worth $4 billion in the last month picture-12547-310x165

Paytm, the country’s top digital payments platform, announced Thursday that users will now be able to purchase “digital gold” through its mobile app. Paytm users can also choose to have the gold delivered to their home. The country has imported gold worth $4 billion in the last month alone. Paytm …

Read More »