Page 111 - Commodity News

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

Coal ministry seeks help from World Bank to re-purpose abandoned mines

Coal Ministry said it sought assistance from the World Bank and other global institutions for re-purposing its abandoned coal mines to make them stable and suitable for commercial purpose.

Steel prices likely to go up again from July 1 on high input cost: JSPL MD

"The prices have already bottomed out. There is no chance of reducing them further. There will be an upward price correction from Friday, July 1 mainly on account of higher input cost," he said

Oil prices rise for 4th day on supply worries as US inventories down

Oil prices are increasing for the fourth consecutive day amid supply crisis amongst US inventories and fear on market recession

Rate hike bets subdue gold prices even as economic slowdown fears mount

Spot gold fell 0.2% to $1,817.00 per ounce by 0920 GMT, holding a tight range between $1,814.30 - $1,822.76. U.S. gold futures were down 0.2% to $1,817.60.

Oil rises 2%, extends gains as major producers flag capacity limits

G7 agrees to explore cap on Russian oil price; Macron tells Biden that UAE, Saudi can barely raise oil output; political unrest in Ecuador, Libya could further tighten supply

Gold stuck in range as rate hike bets and recession fears collide

Although gold is considered a hedge against inflation and economic uncertainties, rate hikes dim bullion's appeal by increasing the opportunity cost of holding the asset which pays no interest.

Gold, silver prices rise; yellow metal trading at Rs 51,980 per 10 gm

A kg of silver is trading at Rs 60,300 on Tuesday

Govt procures 187.8 lakh tonnes of wheat so far at MSP costing Rs 37,852 cr

Food Corporation of India (FCI), nodal agency for procurement and distribution of foodgrains, has purchased 187.86 lakh tonnes of wheat so far at Minimum Support Price (MSP) for Rs 37,852.88 crore.

Gold, silver unchanged today; yellow metal trading at Rs 51,870 per 10 gm

Silver, unchanged on Monday, is trading at Rs 59,800 per kg

Want to get your old gold jewellery hallmarked? Check costs, other features

There are two ways in which you can get your ornaments hallmarked in order to make them marketable

Gold, silver prices fall in trade; yellow metal trading at Rs 51,760

Silver too opened in the low and is trading at Rs 60,000 per kg. The precious metal is down by Rs 200 as compared to previous day's rate.