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The commodities market today is driven by the US consumer price index data. On Thursday, the 10-year yield remained stable at 4.07%, the dollar index declined to 102.85, the Brent crude jumped 3.7% to $79.40/barrel, while gold climbed 0.9% to $2,648.60/ounce.
US Treasury Yields Drop Slightly: The US two-year yield dropped 5.1 basis points to 3.97%, while the 10-year yield remained stable at 4.07%.
Dollar Index Sees Minor Decline: The dollar index dipped by 0.03%, settling at 102.85.
Crude Oil Prices Surge: West Texas Intermediate crude jumped 3.3% to $75.63 a barrel, while Brent crude rose 3.7%, reaching $79.40 per barrel.
Precious Metals Gain: Gold climbed 0.9% to $2,648.60 per ounce, and silver surged 2.4% to $31.39 per ounce.
The day’s rate of Gold, Silver, Copper, Crude Oil and Natural Gas
Name | LTP | Change (₹) | Change (%) |
GOLD | ₹74,534.00 | -56.00 | -0.08 |
SILVER | ₹88,293.00 | -71.00 | -0.08 |
COPPER | ₹828.00 | -8.65 | -1.03 |
CRUDE OIL | ₹6,149.00 | -26.00 | -0.42 |
NATURAL GAS | ₹223.30 | -6.10 | -2.66 |
Note: Stats/Prices updated as of October 11, 2024, at 8:32 AM.
Source: Moneycontrol
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