Page 112 - Commodity News
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
 "Want to get your old gold jewellery hallmarked? Check costs, other features")
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.
 "Gold, silver prices fall in trade; yellow metal trading at Rs 51,760")
Gold up by Rs 230, trading at Rs 51,990 per 10 gm; silver down by Rs 300
The prices of silver went down by Rs 300 with the precious metal trading at Rs 60,200 per kg
 "Gold up by Rs 230, trading at Rs 51,990 per 10 gm; silver down by Rs 300")
Oil prices weaken on hawkish Fed rhetoric, concerns about demand
US Federal Reserve chief Jerome Powell said the central bank was focused on fighting inflation and that the labor market was unsustainably strong
 "Oil prices weaken on hawkish Fed rhetoric, concerns about demand")
Gold, silver prices fall in early trade; yellow metal trading at Rs 51,760
Meanwhile, silver is also witnessing a fall of Rs 500 as compared to the previous day's rate. 1 kg of silver is trading at Rs 60,500
 "Gold, silver prices fall in early trade; yellow metal trading at Rs 51,760")
Crude oil buckles as recession angst rattles commodity investors
While crude has been shaky over the past week, plunging 6.8% on Friday, there's little respite to the tightness in refined fuel markets
 "Crude oil buckles as recession angst rattles commodity investors")
Edible oil prices ease; major brands cut MRP by Rs 10-15/litre: Govt
As per govt data, average retail prices of packaged edible oils have ease slightly, except for groundnut oil, across country since beginning of this month and are ruling between Rs 150 and 190 per kg.
 "Edible oil prices ease; major brands cut MRP by Rs 10-15/litre: Govt")
Gold price falls Rs 100; silver remains unchanged, selling at Rs 61,000/kg
Gold prices went down in Wednesday's early trade from the previous day's rate by Rs 100, with 10 gram of yellow metal (24-carat) selling at Rs 51,980
India now the fourth largest gold recycling country: World Gold Council
Over the past five years, 11 per cent of India's gold supply came from 'old gold'; driven by movements in the gold price
 "India now the fourth largest gold recycling country: World Gold Council")
Metals' loss is infrastructure and capital goods companies' gain
Interest rate hikes, however, remain a pet peeve
 "Metals' loss is infrastructure and capital goods companies' gain")
India fourth in global gold recycling, processed 75 tonnes in 2021: Report
India has emerged as the fourth largest recycler in the world and the country has recycled 75 tonnes in 2021, according to a World Gold Council (WGC) report.
Gold, silver inch higher by Rs 100, yellow metal selling at Rs 52,080/10 gm
Gold prices inched higher in today's early trade from the previous day's price by Rs 100, with 10 gram of yellow metal (24-carat) selling at Rs 52,080
Iron ore price sinks and steel mills go dark on deepening China gloom
Consumption of iron ore has been hit by China's slumping property market and the country's inability to put the coronavirus behind it.
 "Iron ore price sinks and steel mills go dark on deepening China gloom")
Gold unchanged today, trading at Rs Rs 51,980; silver down by Rs 100
The price of ten gram of 24-carat gold in Delhi, Kolkata, and Bangalore is Rs 52,010
 "Gold unchanged today, trading at Rs Rs 51,980; silver down by Rs 100")
SGBs saw maximum traction in Covid-hit years; next tranche opens Monday
Investment in Sovereign Gold Bonds (SGBs) went up sharply during Covid-impacted years as investors looked for safer options amid volatility in equity markets
Gold trading at Rs 51,110/10 gram; silver dips, selling at Rs 60,900/kg
Meanwhile, silver is trading at Rs 60,900 per kg in Delhi, Mumbai and Kolkata. In Chennai, one kg of silver is currently trading at Rs 66,300
Indian gold discounts narrow, Covid-19 curbs keep leash on China demand
With demands falling post-wedding season in India, Indian gold discounts have currently grown slim. Moreover, gold demand in China has also lessened possibly due to the Covid-19 restrictions imposed
Gold, silver prices jump in early trade; yellow metal trading at Rs 51,870
Silver also witnessed a rise in the prices.1 kg of silver is trading at Rs 61,150, after a jump of Rs 1,150.
 "Gold, silver prices jump in early trade; yellow metal trading at Rs 51,870")
First tranche of 2022-23 gold bonds to open for subscription on June 20
The RBI further said that the second tranche (2022-23 Series II) will be available for subscription during August 22-26, 2022
 "First tranche of 2022-23 gold bonds to open for subscription on June 20")
Gold steadies in choppy trade as US dollar dip counters rate hikes
Gold prices have turned stable as the Dollar has fallen countring the US Federal Reserve's rate hikes.