Page 124 - Commodity News

Gold trading at Rs 51,600 per 10 gm today; silver selling at Rs 67,900/kg

The price of ten gram of 24-carat gold decreased by Rs 300 on Thursday to Rs 51,600, while the rate of silver decreased by Rs 1,100 per kg to Rs 67,900

India acts to seize gap in wheat export market left by Ukraine war

India is rolling out ambitious measures over the coming weeks to try to establish the country as a dominant exporter of high-quality wheat as importers scramble for supplies after Ukraine invasion

India's gasoil, gasoline sales top pre-Covid level on price hike fears

India's gasoline and gasoil sales rose above pre-Covid levels of 2019 in the first half of March, preliminary data released on Wednesday showed

ATF price hiked by steepest ever 18% to all-time high as crude oil surges

Jet fuel prices on Wednesday were hiked by over 18 per cent - the steepest ever increase - to all-time high levels after international oil price surged to a multi-year high

Oil prices climb as Russia-Ukraine ceasefire talks stoke volatile trading

Oil prices rose early on Wednesday, bouncing back after earlier falling more than $1 a barrel, as Russia's invasion of Ukraine continues to dominate volatile trading

Oil price benchmarks fall below $100, first time in almost 3 weeks

Oil prices tumbled more than 6% on Tuesday to their lowest in almost 3 weeks, as Iran nuclear deal hopes rise and growing outbreaks in China make traders worry

Gold trading at Rs 51,930 per 10 gm; silver selling at Rs 69,000 per kg

The price of ten gram of 24-carat gold decreased by Rs 500 on Wednesday to Rs 51,930, while the rate of silver decreased by Rs 1,000 per kg to Rs 69,000

Industrial metals slip on China Covid surge; aluminium prices shed 2.1%

Benchmark prices for aluminium shed 2.1 per cent to $3,252 per tonne in official trading activity, after sinking 4.7 per cent in the previous session

Gold tumbles Rs 668; silver tanks Rs 1,390 tracking weak global trends

In the international market, gold traded 1 per cent lower at $1,930 per ounce and silver was flat at $25.58 per ounce

Oil falls over 5% on Russia-Ukraine talk hopes, China's travel ban

Oil prices fell more than 5% on Monday to lowest in nearly 2 weeks amid hopes for progress toward a diplomatic end to Russia-Ukraine war, while a Covid-linked travel ban in China cast doubt on demand

Closely monitoring global energy market, potential supply disruptions: Govt

Minister of state in Petroleum and Natural Gas while replying to Rajya Sabha informed that geopolitical situation between Russia-Ukraine has resulted in a steep rise in global crude oil and gas prices

Gold selling at Rs 52,470 for 10 gm, silver trading at Rs 70,000 per kg

The price of 10 grams of 24 carat gold on Tuesday is trading at Rs. 52,470 and 10 grams of 22 carat gold is selling at Rs. 48,100. Silver is trading at Rs. 70,000 per kg

Argentina halts registration of export sale for soy oil and soymeal

Argentina has halted registration of export sales of soy oil and meal, the South American country's government said in a statement on Sunday, drawing swift condemnation from the industry

Oil prices shed $4 a barrel, extending losses ahead of Fed meeting

Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine were stepped up and markets braced for higher U.S. rates

Oil prices slide by about $4 per barrel, extending last week's decline

Oil prices extended last week's decline to fall by about $4 a barrel during early trade on Monday after a US official said Russia was showing signs of willingess to have negotiations over Ukraine

Oil prices fall, continuing downward trend from last week amid Ukraine war

Oil prices fell at the start of the session, extending last week's decline, as a US official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine

Gold trading at Rs 52,810 per 10 gm; silver selling at Rs 74,700 a kg

The price of ten gram of 24-carat gold increased by Rs 10 on Monday to Rs 52,810, while the rate of silver increased by Rs 4,400 per kg to Rs 74,700

Indonesia to India: How oil's surge is impacting Asia stock markets

The historic surge in oil is reshaping the outlook for Asian equity and currency markets, as the specter of prolonged high prices exposes the vulnerability of energy-dependent countries

Consumers can get un-hallmarked jewellery tested at BIS recognised centres

The Ministry of Consumer Affairs said mandatory hallmarking has been successfully implemented wherein 3 lakh gold articles are being hallmarked with HUID (Hallmark Unique Identification) every day

Gold prices tumble Rs 200 to Rs 53,033; silver jumps Rs 193

Gold tumbled Rs 200 to Rs 53,033 per 10 grams in the national capital on Friday in line with weak international precious metal prices, according to HDFC Securities.