Here are the latest updates on commodity prices in India as of 6:40 PM:
**Gold**: The price of gold stands at ₹59,125.00 per 10 grams, marking an increase of ₹37.00 (0.06%) from the previous session. Gold remains a focal point for investors seeking stability in uncertain times.
**Silver**: Silver prices have decreased to ₹71,980.00 per kilogram, reflecting a decline of ₹492.00 (-0.68%). Silver is known for its industrial and investment applications and is sensitive to economic conditions.
**Crude Oil**: The price of crude oil in India is ₹7,266.00 per barrel, with a decrease of ₹39.00 (-0.53%). Crude oil prices are influenced by a complex interplay of global supply and demand dynamics.
**Natural Gas**: Natural gas prices have dropped to ₹210.10 per million British thermal units (MMBTU), down by ₹1.30 (-0.61%). Natural gas plays a crucial role in various industries, including energy production and manufacturing.
**Aluminium**: Aluminium prices are currently at ₹200.55 per kilogram, showing a decrease of ₹0.80 (-0.40%). Aluminium is a vital industrial metal used extensively in construction, transportation, and packaging.
These price movements are influenced by a variety of factors, including global economic conditions, supply and demand fluctuations, and market sentiment. Traders and investors should keep a close eye on these changes, as they can impact investment decisions and trading strategies.
Commodity prices can be highly volatile and subject to rapid fluctuations, so it’s essential to stay informed about market developments and consult with financial experts for a comprehensive understanding of the market’s dynamics.