Page 123 - Commodity News

Gold trading at Rs 52,310 per 10 gm today; silver selling at Rs 68,500/kg

The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes

PNG price increased by Rs 1, a day after petrol, diesel and LPG rates hiked

The move will affect more than 72 lakh domestic households.

Oil prices see-saw amid hopes of new Iran deal, supply woes linger

Crude prices declined in volatile trading on Thursday as investors assessed the potential for new supply in the tight markets amid prospects of a new Iran deal

Gold trading at Rs 51,670 per 10 gm today; silver selling at Rs 67,600/kg

The price of 10 gram of 24-carat gold on Thursday decreased by Rs 430 to Rs 51,670, while 1 kg of silver became dearer by Rs 1,300 to Rs 67,600

Goldman Sachs sees gold prices hitting $2,500/oz by year-end

Earlier in January, Goldman Sachs had raised their 12-month gold price forecast to $2150 an ounce on the view that an impending US growth slowdown would lead to increased concerns of a US recession

Oil prices decline as traders weigh prospect of EU ban on Russian oil

Oil prices retreated on Tuesday after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil

Gold trading at Rs 52,100 per 10 gm today; 1 kg silver selling at Rs 68,900

The price of 10 gram of 24-carat gold on Wednesday increased by Rs 400 to Rs 52,100, while the price of 1 kg of silver increased by 600 to Rs 68,900

Brent at $115 a barrel as European Union weighs Russia oil ban

Crude oil prices stayed strong a fourth day as the European Union weighed a possible ban on Russian crude imports, to punish Moscow for its invasion of Ukraine

Petrol, diesel price up 80 paise a litre; Rs 50 hike in LPG rates: Reports

Petrol and diesel prices were hiked by 80 paise a litre each while domestic cooking gas prices were increased by Rs 50 per cylinder, sources said.

India to raise petrol, diesel prices after 4-month hiatus, say dealers

India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp - dominate fuel retailing in India, and tend to move their prices together

Gold trading at Rs 51,700 per 10 gram today; silver at Rs 68,300 a kg

The price of ten gram of 24-carat gold increased by Rs 100 to Rs 51,700, while the price of 1 kg of silver increased by 300 to Rs 68,300

Crude price settles up more than 7% as EU mulls Russian oil ban

Oil prices settled up more than 7% on Monday, with global benchmark Brent climbing above $115 a barrel

Crude oil prices surge as supply risk grows from Russia-Ukraine war

Oil prices surged for a third day as the war in Ukraine neared the one-month mark with no conclusion in sight.

Gold trading at Rs 51,600 per 10 gm today; silver selling at Rs 68,000/kg

The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes

Steel firms to weigh in input costs in talks for auto industry contracts

Input costs have skyrocketed between February-end and March due to supply chain disruptions due to the Ukraine crisis and volatile market

Diesel price for bulk users hiked Rs 25/litre; pvt retailers fear closure

The price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40% rise in international oil prices, but retail rates at petrol pumps remain unchanged, sources said

India's oil imports from US to rise, amid criticism for Russian purchases

India's oil imports from the United States will rise by 11% this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers

Oil prices climb as traders assess supply risks

Brent crude for May delivery increased 1.29 dollars, or 1.2 per cent, to close at 107.93 dollars a barrel on the London ICE Futures Exchange, as traders weighed supply risks.

Gold trading at Rs 51,770 per 10 gms today; silver selling at Rs 69,000/kg

The price of ten gram of 24-carat gold on Saturday increased by Rs 10 to trade at Rs 51,770, while the price of 1 kg of silver remained unchanged at Rs 69,000

India's Feb oil imports at highest since Dec 2020 as refiners boost runs

India's crude imports rose in February to 4.86 million (bpd), their highest since December 2020, preliminary data from trade sources showed, as refiners cranked up runs to meet increasing demand