Page 104 - Commodity News

Gold stalls near three-week peak as traders eye fresh economic cues

By Arundhati Sarkar

India's July fuel demand falls by 16% as monsoon rains restrict mobility

Gasoline and gasoil sales by Indian state refiners in July fell from a month earlier as monsoon rains restricted mobility and construction work while high inflation curtailed overall demand for goods

Gold, silver prices remain unchanged, yellow metal trading at Rs 47,200

Ten gram of 24-carat of gold is trading at Rs 51,490 per 10 gram

Oil prices drop by 63 cents to $103.34 ahead of OPEC+ meeting on Aug 3

Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments

Gold price rises nominally by Rs 110, silver dearer by Rs 1,500 a kg

10 gram of 22-carat gold is trading at Rs 47,200 today after an increase of Rs 100

Gold, silver prices surge across India after US Federal Reserve hikes rates

Gold and silver have always remained some of the precious assets to safeguard against inflation

Fuel prices today: Check the prices of petrol, diesel in your city

Crude oil prices have been showing an upward trend globally, indicating a slight weakness in the US dollar

Oil prices rise on tight supply as attention turns to OPEC+ meeting

Oil prices gained about $1 in early trade on Friday, lifted by supply concerns and a weaker US dollar as attention turns to what OPEC and allies including Russia agree at a meeting next week

Gold rate up Rs 700 per 10 gm today, silver price rise by Rs 1,900 a kg

Ten gram of 24-carat gold is trading at Rs 51,380 today

First global gold exchange in India aims to create regional bullion hub

The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, Chief Executive Officer Ashok Gautam said

Gold jewellery demand in India likely to dip in H2: World Gold Council

At the global level, the demand for gold (excluding OTC) was 8 per cent lower y-o-y at 948 tonnes. Combined with Q1-2022, the total demand in the first half of 2022 came in at 2,189t, up 12 per cent

Oil extends gains as risk appetite improves, US inventories fall

By Julia Payne

Explained: How will India's International Bullion Exchange (IIBX) work

India's International Bullion Exchange (IIBX) will be open for jewellers with a net worth of Rs 25 crore and above to participate

India's gold demand for 2022 to be over 800 tonne, says World Gold Council

India's demand for gold will be between 800-850 tonne in 2022, said a top official of World Gold Council-India.

Gold price rises as Fed's Powell allays fears over large rate hikes

Spot gold was up 0.6% at $1,743.49 per ounce, as of 0711 GMT, its highest since July 13.

Oil extends gains by over $1 as risk appetite improves, US inventories fall

Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand

Gold rates fall today, price of silver rises by Rs 100 to Rs 54,600 per kg

10 gram of 22-carat gold is trading at Rs 46,450 today after a fall of Rs 130

CIL earns revenue worth over Rs 1.52 trn from coal sales in FY22: Govt

State-owned CIL has earned revenue worth over Rs 1.52 lakh crore from coal sales in financial year 2021-22, Parliament was informed on Wednesday.

Gold, silver rates go down today; yellow metal selling at Rs 50,780 per kg

Gold prices in today's early trade went down by Rs 380 per 10 gram as 24-carat of the yellow metal is currently trading at Rs 50,780

Gold price stalls as pre-Federal Reserve verdict jitters grip investors

Spot gold was flat at $1,719.49 per ounce by 1438 GMT. U.S. gold futures were little changed at $1,719.10.