Page 148 - Commodity News

Brent could touch $80 as economic recovery picks up: Emkay Wealth

The rise, however, could be capped if the dollar strengthens against major currencies

Gold extends losing streak to fourth day on worries over Fed taper talk

Gold prices fell on Wednesday for a fourth straight session, hurt by a stronger dollar as investors awaited the outcome of the U.S. Federal Reserve's latest meeting

Gold price today at Rs 47,600 per 10 gm, silver trending at Rs 71,500 a kg

In New Delhi, the price of 22-carat gold remained unchanged at Rs 47,650 per 10 gm

Mandatory gold hallmarking from Wednesday, initially in 256 districts: Govt

The Centre on Tuesday said mandatory hallmarking of gold jewellery and artefacts will come into force from June 16 in a phased manner and initially will be implemented in 256 districts of the country.

Gold holds near 4-week low with focus on key Federal Reserve meeting

The yield on 10-year Treasuries eased slightly on Monday, following a two-day gain from the lowest since March that damped the appeal of the non-interest-bearing precious metal

Rising commodity prices risk raising costs for India's infra plans

Commodity super-cycle may upset plans for national infrastructure pipeline, raise expenses for Railways

Gold prices down for third day as dollar firms ahead of Fed meeting

Spot gold was down 0.2% at $1,861.96 per ounce, as of 0224 GMT, after falling to its lowest since May 17 at $1,843.99 on Monday

Oil prices rise as threat of immediate extra supply from Iran recedes

Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session

Gold price today at Rs 47,760 per 10 gm, silver trending at Rs 71,900 a kg

Gold prices inched up marginally in India despite sliding in the bullion markets amidst the strong dollar

Oil prices extend 3-week gains as demand outlook improves, supplies tighten

Oil prices rose on Monday, extending three weeks of gains that have been underpinned by an improved outlook for fuel demand

Gold price today at Rs 47,730 per 10 gm, silver trending at Rs 72,300 a kg

In New Delhi, the price of 22-carat gold was down to Rs 47,890 per 10 gm

Ethanol blending: India's Rs 50,000 cr bet to cut dependence on foreign oil

About 10 billion liters of ethanol will be required each year to meet the 20% ethanol-blended fuel standard by 2025, India's Oil Secretary Tarun Kapoor

Gold tops $1,900/oz mark as dollar, bond yields dip after US data

US gold futures rose 0.4% to $1,903.90 per ounce.

Oil rally has more room, Brent expected to hit $80 per barrel: Goldman

US investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent oil market rally will continue

Gold breaches $1,900 mark as dollar, yields dip after US inflation data

Spot gold was up 0.1% at $1,900.10 per ounce, as of 0518 GMT

Oil prices retreat, but heads for third weekly rise on demand recovery

Brent crude futures fell 16 cents, or 0.22%, to $72.36 a barrel at 0558 GMT, after closing at its highest since May 2019 on Thursday

Gold price today at Rs 47,880 per 10 gm, silver unchanged at Rs 71,400 a kg

Gold gained again on Friday after trading flat a day ago while silver prices remained unchanged

Oil skids as start of US summer driving season fails to lift fuel demand

Oil prices fell on Thursday as inventory data in the United States, the world's top oil consumer, showed a surge in gasoline stocks that indicates weaker-than-expected fuel demand

Trading strategies for nickel and copper by Tradebulls Securities

Nickel has made 'harami' candlestick formation after sharp red candle, indicating selling momentum has subsided

Gold price unchanged at Rs 47,680 per 10 gm, silver at Rs 71,400 a kg

Gold prices traded flat in India on Thursday despite easing in the international markets ahead of the release of the US inflation data