Page 141 - Commodity News

Robust demand amid lower iron prices to boost steel margins in H2FY22: Icra

While weak demand growth in domestic market saw larger players resorting to exports to cushion the Covid impact of the past 14-16 months, smaller players languished, the rating agency said

Gold price today at Rs 46,130 per 10 gm, silver trending at Rs 62,500 a kg

In New Delhi, gold price stands at Rs 50,450 per 10 gm (24 carat) while in Mumbai it is 47,130

Oil slumps over 3%, hits May lows as losses extend to a sixth day

Oil prices skidded on Thursday for a sixth session, hitting lows not seen since May, pressured by a stronger US dollar and concerns about weaker demand as Covid-19 cases rise

Copper and iron ore tumble as growth fears roil metals markets

This week's drop for iron ore accelerated, with futures sliding as much as 12% to the lowest since December in Singapore

Gold price today at Rs 46,500 per 10 gm, silver trending at Rs 63,500 a kg

In New Delhi, gold price stands at Rs 50,660 per 10 gm (24 carat) while in Mumbai it is 47,500

Dry fruit prices may rise marginally if uncertainty in Afghan persists

Volume of imports may not go down as much as to affect India's domestic consumption requirements

Oil slides as US crude drawdown faces Covid-19 surge, firmer dollar

Oil prices dipped slightly on Wednesday after four straight days of declines, as investors remain worried about the outlook for fuel demand

Gold prices rise as coronavirus jitters boost safe-haven appeal

Spot gold XAU= was up 0.4% at $1,792.42 per ounce by 0636 GMT, after hitting its highest since Aug. 6 at $1,795.25 in the previous session

Gold price today at Rs 46,350 per 10 gm, silver trending at Rs 63,600 a kg

In New Delhi, gold price stands at Rs 50,560 per 10 gm (24 carat) while in Mumbai it is 47,430

Gold price today at Rs 45,980 per 10 gm, silver trending at Rs 62,700 a kg

In New Delhi, gold price stands at Rs 50,360 per 10 gm (24 carat) while in Mumbai it is 46,980

ISMA urges PMO to immediately increase minimum sale price of Sugar

Indian Sugar Mills Association says won't impact consumer price as ex-mill sugar price is already higher

How the ounce-of-gold promise US broke is playing out 50 years on

The 1980s then saw the growth of what is called financialisation where firms make money by trading in money rather than goods and services

Gold price stalls as UBS tells buyers to 'get out' before losses worsen

Bullion had been clawing back some ground over the past week after better-than-expected US jobs data sent prices tumbling on bets Federal Reserve may start paring back massive monetary stimulus soon

Gold price today at Rs 46,160 per 10 gm, silver trending at Rs 63,200 a kg

In New Delhi, gold price stands at Rs 50,360 per 10 gm (24 carat) while in Mumbai it is 47,160

Surge in gold loans, sharp uptick in auctions may be hiding a larger pain

The drop of 5-7% in gold prices after March 2021 has added to borrowers' woes, triggering margin calls and auctioning off of jewellery pledged by customers

Gold price today at Rs 45,860 per 10 gm, silver trending at Rs 62,500 a kg

In New Delhi, gold price stands at Rs 50,020 per 10 gm (24 carat)

Oil slips but set for weekly gain despite forecast for weaker demand

Oil fell on Friday, but was on track to post a slight weekly gain, broadly shrugging off a warning from the International Energy Agency that the spread of coronavirus variants is slowing oil demand

Gold prices jump over 1% as dollar retreat hastens rebound

US gold futures rose 1.4% to $1,775.80

Gold price today at Rs 45,540 per 10 gm, silver trending at Rs 62,300 a kg

In New Delhi, gold price stands at Rs 49,910 per 10 gm (24 carat)

IEA cuts oil demand outlook on coronavirus, sees surplus in 2022

It's a marked reversal for the Paris-based agency, which just a month ago was urging the Opec+ alliance to open the taps or risk a damaging spike in prices