Page 110 - Commodity News

Domestic LPG cylinder rate increased by Rs 50 from today; check prices

A domestic LPG cylinder will now cost Rs 1,053 in the national capital Delhi. In Mumbai, it will cost Rs 1,052.50

Investors fear big decline in metal companies' margins and profits

The metal sector also faces headwinds from an investment slowdown in China that accounts for more than half the global metal demand

Oil prices drop to 12-week low on recession, Covid worries

Dollar holds near 20-year high against other currencies; China reports new Covid cases across the country; Norwegian oil output to return within days after strike

India's July palm oil imports may surge to 10-month high as prices plunge

Indonesia's allowance of more exports globally and a reduction of palm oil prices in India have paved the way for a high palm oil import in 10 months

Gold rises on bargain hunting after hitting weakest level since December

Gold prices are showing rising trends after dropping severely in previous months. This is owed to recession fears and rising oil prices, leading investors into frenzy

Gold, silver edge higher in early trade; yellow metal at Rs 52,340/10 gm

Silver is trading at Rs 57,800 per kg on Wednesday. after an increase of Rs 1,100

Gold prices drop over 2% in selloff sparked by strong dollar

Dollar's 1.4% rise makes gold more expensive for overseas buyers; market focus on minutes of Fed June meeting on Wednesday

Copper sinks to 17-month low as recession fears dominate trade

Copper, widely considered an economic bellwether, is trading solidly below $8,000 a ton, after metals posted their worst quarterly slump

Gold, silver prices unchanged today; yellow metal trading at Rs 52,340

Gold and silver prices remain unchanged in Tuesday's early trade as 10 gram of 24-carat of the yellow metal is selling at Rs 52,340

Gold, silver prices remain unchanged; yellow metal hovering at Rs 52,340

In Chennai, 10 gram of 24-carat gold price is Rs 52,280

Sri Lanka needs to pay $587 mn for planned fuel imports, says minister

Sri Lanka needs to pay USD 587 million to several foreign oil companies for planned fuel imports until mid-August, said Sri Lankan Minister of Power and Energy Kanchana Wijesekera on Sunday.

Power ministry team visits Coal India arm to monitor coal availability

A three-member team of the Power Ministry visited Coal India-arm MCL to monitor the availability of the dry fuel at various railway sidings, mines and prepare a plan for logistics

Gold, silver prices up; yellow metal trading at Rs 52,200/10 gram

Meanwhile, silver prices also rise by Rs 400 per kg, with the precious metal trading at Rs 59,000

Import duty hike likely to weigh on stocks of gold jewellery retailers

Analysts were bullish on Titan before, but may downgrade target price

High duty may extend slack season for gold, keep prices in check for now

Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading

NDDB to donate Rs 1.5 cr to meet cattle feed requirement in flood-hit Assam

Gujarat-based National Dairy Development Board (NDDB) on Friday announced a donation of Rs 1.5 crore to meet the cattle feed requirement of 500 tonnes in flood-affected Assam.

Govt raises import duty on gold to 15% from 10.75% to curtail CAD

Last year, the government had cut the tax on gold imports to 7.5% in the Union Budget

Gold, silver fall in early trade; yellow metal selling at Rs 50,890/10 gm

Gold prices fell by Rs 110 in Friday's early trade from the previous day's rate, with 10 gram of yellow metal (24-carat) trading at Rs 50,890

Gold, silver prices fall; yellow metal trading at Rs 51,000 per 10 gram

Silver is trading at Rs 59,400 per kg

Gold trading at Rs 51,980 per 10 gram; Silver down by Rs 300 per kg

In Delhi, Kolkata, and Bangalore, 10 gram of 24-carat gold is trading at Rs 51,980