Crude oil prices have increased in the international market due to the attacks on ships in the Strait of Hormuz and the subsequent US military action....
The international spot gold traded 0.75 per cent down to $4,126.20 per ounce, and silver edged 1.52 per cent down to $60.39 per ounce during the morning trade on Comex....
Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that oil marketing companies still have expensive crude oil purchased earlier. ...
Spot gold traded at $4,143.12 per ounce by 1602 GMT, down 0.8 per cent after reaching a two-week high earlier in the session. ...
Oil companies say they are still using stocks of crude purchased at high prices, so there is little chance of immediate relief for consumers....
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