Page 113 - Commodity News
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.
 "Gold steadies in choppy trade as US dollar dip counters rate hikes")
At 137 lakh tonnes, Maharashtra sees its all-time high sugar production
Maharashtra has set a record for itself by producing 137.28 lakh tonnes of sugar in 2021-22, which is nearly 31 lakh tonnes more than the previous year, a senior official said on Thursday.
 "At 137 lakh tonnes, Maharashtra sees its all-time high sugar production")
ATF prices hiked by 16%, touch new record, as global crude prices soar
The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been increased by Rs 19,757.13 per kilolitre, or 16.26%, to Rs 1,41,232.87 per kl (Rs 141.2 per litre) in Delhi
 "ATF prices hiked by 16%, touch new record, as global crude prices soar")
Govt aims to build 40 Mt coal stock at plants to ensure monsoon supplies
The government is gearing up to increase the stock of coal at power plants to 40 million tonne (MT) during the monsoon season, power minister R K Singh said.
 "Govt aims to build 40 Mt coal stock at plants to ensure monsoon supplies")
Gold eases on firmer dollar as investors digest rate hike by US Fed
Spot gold fell 0.3% to $1,827.60 per ounce by 0546 GMT. U.S. gold futures rose 0.6% to $1,830.60.
Gold prices fall by Rs 270, silver trades higher at Rs 60,000 per kg
The fall in gold prices comes after the US Fed Reserve announced the biggest rate hike since 1994 and flagged economic risks
Gold, silver see huge decline; yellow metal down by Rs 1,050 in early trade
Silver also witnessed a steep decline in its price at Rs 1,700, selling at Rs 59,800 per kg
 "Gold, silver see huge decline; yellow metal down by Rs 1,050 in early trade")
Gold eases as dollar resumes rally in run up to Fed rate hike decision
Spot gold fell 0.4% to $1,811.80 per ounce by 12:33 p.m. EDT (1633 GMT), while U.S. gold futures slipped 1% to $1,813.40.
 "Gold eases as dollar resumes rally in run up to Fed rate hike decision")
Gold ticks up as dollar rally pauses, Fed rate hike bets curb gains
Spot gold rose 0.3% to $1,823.49 per ounce by 0932 GMT, after falling to its lowest since May 19 at $1,810.90 earlier in the session.
Gold unchanged today, trading at Rs Rs 52,760, silver down by Rs 500
Gold remained unchanged on Tuesday from previous day's closing rate, with 10 gram of 24-carat gold trading at Rs 52,760
India's coal imports may drop 11% to 186 MT in FY23: Coal ministry
India's coal import is likely to decline by 11.4 per cent to 186 million tonnes (MT) in the current financial year, even as the state-owned firm has issued tenders to source the fuel from overseas.
 "India's coal imports may drop 11% to 186 MT in FY23: Coal ministry")
Gold retreats from one-month high over spike in US treasury yields
Market reports suggest that gold has moved inversely to the US Dollar while Treasury yield have risen to a its peak since May 9th
Sluggish domestic and international demand may impact steel production
Steel prices were in correction mode before the government imposed the export duty, impacting about 95 per cent of the steel export basket. Post-export duty, prices fell further
 "Sluggish domestic and international demand may impact steel production")
Gold rises slightly in early trade; silver trading at Rs 61,500 per kg
Silver was down by Rs 500 in today's opening trade, selling at Rs 61,500 per kg
 "Gold rises slightly in early trade; silver trading at Rs 61,500 per kg")
US gasoline average price tops $5 per gallon in historic first, shows data
AAA data showed that the US gasoline prices crossed $5 per gallon for the first time in history, sending mixed reactions across the globe
 "US gasoline average price tops $5 per gallon in historic first, shows data")
Gold trading at Rs 52,100/10 gm; silver opens low, selling at Rs 61,100/kg
Silver was down by Rs 1,200 in Saturday's opening trade
 "Gold trading at Rs 52,100/10 gm; silver opens low, selling at Rs 61,100/kg")
Gold up by Rs 270 in early trade; silver rises, trading at Rs 62,200 per kg
Gold price on Friday increased by Rs 250 from the previous day's close, with 10 gram of 24-carat gold trading at Rs 52,310
Indian crude oil basket hits 10-yr high; petrol, diesel prices unchanged
The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel continue to remain frozen
 "Indian crude oil basket hits 10-yr high; petrol, diesel prices unchanged")
Aluminium prices hit near 6-month low on China lockdowns, growth fears
Three-month aluminium on the London Metal Exchange (LME) slid 2.8% to $2,685 a tonne by 1400 GMT after touching the lowest since December last year
 "Aluminium prices hit near 6-month low on China lockdowns, growth fears")