Page 116 - Commodity News

Oil prices jump 3% to 2-month high as EU seeks to ban Russian supply

By Scott DiSavino

Oil price climbs on tight supply, prospect of EU ban on Russian supply

By Ahmad Ghaddar

10 gm of gold selling at Rs 52,250, silver trading at Rs 62,000 a kg

The price of gold vary for different regions based on certain parameters such as the excise duty, making charges and the state taxes

RBI issues norms for gold import by qualified jewellers through IIBX

The RBI on Wednesday came up with norms for facilitating physical import of gold through India International Bullion Exchange IFSC (IIBX) or similar authorised exchange by Qualified Jewellers

Oil price edges higher on tight supply and expected demand uplift

By Rowena Edwards

India's palm oil imports may hit 11-yr low of 6.7 mn tonnes as soyoil rises

By Rajendra Jadhav

Gold selling at Rs 52,090 per 10 gm today; silver trading at Rs 61,600 a kg

The price of gold went up by Rs 600 per 10 gram from the previous day's rate

Govt notifies norms for allocation of TRQ for crude soybean, sunflower oils

The govt has exempted customs duty and agriculture infrastructure development cess on 20 lakh metric tonnes yearly import of crude soyabean oil and crude sunflower oil each, to ease domestic prices

India's crude oil production falls 1% in April on account of lower output

India's crude oil production fell 1 per cent in April after lower output from fields operated by the private sector wiped away gains by state-owned firms such as ONGC, official data showed Tuesday.

Gold selling at Rs 51,430 per 10 gm today; silver trading at Rs 62,100 a kg

The rate of silver on Tuesday increased by Rs 700 per kg, with the metal trading at Rs 62,100.

Oil prices firm on weak dollar, tight supply as US driving season looms

"Oil prices are supported as gasoline markets remain tight amid solid demand heading into the peak U.S. driving season," said SPI Asset Management Managing Partner Stephen Innes

Gold selling at Rs 51,300 per 10 gm today; silver trading at Rs 61,400 a kg

The rate of gold and silver remained unchanged on Monday

Gold selling at Rs 50,950 per 10 gm today; silver trading at Rs 61,700 a kg

The rate of 1 kg of silver went down by Rs 3,300 to trade at Rs 61,700 on Saturday

CNG rates increased for second time in 6 days, price up by Rs 2 in Delhi

The Indraprastha Gas Limited (IGL), on Saturday, increased the price of Compressed Natural Gas (CNG) by Rs 2 per kg. With this CNG will cost Rs 75.61 per kg with effect from today.

Gold selling at Rs 50,510 per 10 gm today; silver trading at Rs 65,000 a kg

The rate of 1 kg of silver increased by Rs 4,000 to Rs 65,000 on Friday

Gold selling at Rs 50,290 per 10 gm today; silver trading at Rs 61,000 a kg

The price of 10 grams of 24-carat gold on Thursday went down by Rs 490 to Rs 50,290.

Oil swings wildly, rebounds to gains from steep losses in early hours

By David Gaffen

India exports 7.5 mn tonnes sugar till May 18 in current marketing year

India has exported 75 lakh tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday.

Rising cotton, yarn prices may hit apparel exports target: AEPC chairman

The unabated surge in prices of cotton and cotton yarn may affect the country's apparel exports target of USD 19-20 billion during the current fiscal, AEPC chairman Narendra Goenka said on Thursday.

Gold trading at Rs 50,780 per 10 gm today; silver selling at Rs 61,550 a kg

The price of 10 grams of 24-carat gold on Wednesday went up by Rs 330 to Rs 50,780.