Commodities are agricultural products and raw materials. In other words, things that mining companies, oil companies, and farmers produce or extract. For example, iron ore is a commodity, like sugar and grain. Some mass-produced non-specialized goods or services are also commodities, such as computer memory or chemicals. According to the Cambridge […]
Tag: Commodities
Today’s gold price: Russian-Ukraine crisis pushes higher yellow metals, possibly fluctuating in the near future
The price of gold rose on February 24 on the international market towards a nine-month high hit this week, as investors seeking protection in safe havens after Russia ordered military action in Ukraine this morning and the west imposed more sanctions on Moscow. In multi-commodity exchanges (MCX), gold contracts jumped […]
Brent climbs above 7-year high on Mideast tensions, tight supply
Oil prices rose more than $ 1 on Tuesday to more than seven years in concerns about the possibility of supply disruption after the Houthi Group Yemen attacked the United Arab Emirates, increasing hostility between the Iranian group and the Saudi Arabian LED coalition. “New geopolitical tensions add sustainable signs […]
Petrol, diesel prices on December 4: Check fuel rates in Mumbai, Delhi, other cities
The price of gasoline and diesel remained unchanged on December 4 after customs customs for lowering retail rates from the highest record, according to the notification of the price of state-owned fuel retailers. The price of gasoline in Delhi remained unchanged at Rs 95.41 per liter, two days after the […]