Gold and silver opened sharply higher on MCX on Wednesday as a weaker dollar and easing oil prices eased inflation concerns and rate worries. Sentiment also improved on optimism around a possible US-Iran peace deal. MCX silver rose 3.1% to Rs 2,52,000/kg, whi…
India’s imports of Russian crude fell 20% month-on-month in April to 1.57 million barrels per day, cooling after a March surge driven by floating cargoes during the Iran conflict and a temporary US sanctions waiver.