U.S. crude inventories fell by 541,000 barrels in the week to Nov. 8 to 440 million.
Spot gold had risen 0.6% to $1,465.18 per ounce by 1251 GMT. U.S. gold futures were 0.9% higher at $1,466.10.
Demand is then seen increasing by 0.1 million bpd a year on average during the 2030s to reach 106 million bpd in 2040.
Brent crude futures stood roughly flat at around $62 per barrel by 1450 GMT, having fallen by over 1% earlier in the day.
The one of its kind index, the AGRIDEX tracks and replicates the performance of the ten most liquid commodities traded on the NCDEX’s platform.
Silver prices also moved up by Rs 440 to Rs 45,480 per kg from Rs 45,040 per kg in the previous trade.
Though most of them are smallcaps, a few largecaps and midcaps too figured in the list.
FIIs have lapped up Indian shares to the tune of $627 million so far in November.
As far as EMs are concerned, trade war concerns are the biggest headwind.
The CLSA expert said market action has started broadening from a few largecaps.
Annual retail inflation rose to 4.62% in October, up from 3.99% in the prior month.
India's passive funds have delivered 9.6% this year, much higher than active funds' 5.7%.
Fed has changed policy in one direction or another in each of the last 10 presidential polling ye
Excluding 11 PSUs, the average listing returns by 26 non-PE backed companies stood at 23.3%.
The government has majority but somewhere there is some degree of hesitation.
Millennials’ attitudes towards gold are not so different to those of older generations.
Among agri-commodities, except chana and coriander, all futures were trading with gains
Gold can recover towards Rs 37,900 while taking support near Rs 37550 and silver can test Rs 44,400 while taking support near Rs 43,850.
A forecast by the International Energy Agency's for slower global oil demand growth post-2025 also weighed on the market.
Brent crude, the global benchmark, was up 30 cents at $62.48 a barrel by 1440 GMT, after falling as low as $61.90.
Spot gold slipped 0.2% to $1,453.46 per ounce as of 1211 GMT, extending declines into a fourth straight session.
Gold ETFs have witnessed an inflow in just five months in the last six years.
Palm's losses was however limited by a rise in rival oil prices.
The decision to sell ornaments against PDCs was agreed upon at a board meeting convened by the India Bullion and Jewellers Association (IBJA) on Monday.
Aluminium for delivery in November declined by 15 paise, or 0.11 per cent.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service