Page 149 - Commodity News

Gold price today at Rs 48,310 per 10 gm, silver trending at Rs 71,600 a kg

In New Delhi, the price of 22-carat gold is at Rs 47,110 per 10 gm. In Chennai, it increased to Rs 46,160. The rate in Mumbai was Rs 48,310

MSME engineering exporters seek PM's intervention on rising steel prices

Exporters in the MSME segment have sought PM Narendra Modi's intervention on rising steel prices, stating that the industry needs inputs at affordable rates for global markets.

Petrol crosses Rs 95 a litre in Delhi, above Rs 100 mark in six states

Petrol price on Sunday crossed Rs 95 a litre in Delhi and diesel breached Rs 86 per litre mark for the first time ever as fuel prices were hiked again.

Gold imports plunge in India as second wave of Covid-19 slashes demand

Inbound purchases slumped to 11.3 tons last month from 70.3 tons in April, according to a person familiar with the data, who asked not to be identified as the information isn't public

Traders see gold price regaining $2,000/oz level on speculative interest

Gold has gained over $150 in first two months of FY22, yielding 9% returns; Bitcoin rally could reverse flow into the metal

Petrol crosses Rs 100/litre mark in Leh, Andhra Pradesh, Telangana

After Rajasthan, Madhya Pradesh and Maharashtra, petrol price has crossed the Rs 100 per litre mark in Leh, in nearly all districts of Andhra Pradesh and parts of Telangana

Gold prices hit over two-week low on stronger dollar, bond yields

US gold futures dropped 0.5% at $1,864.10 per ounce

Gold price unchanged at Rs 48,230 per 10 gm, silver at Rs 72,000/ kg

The gold prices stood steady in India despite its decline in the bullion markets on lower US job claims

Govt considering edible oil import tax cut to lower prices, says report

The government will make a final decision to cut the taxes sometime this month

Gold is in overbought zone, trade cautiously: Bhavik Patel of Tradebulls

Gold's next move is expected on Friday when the US Labor Department releases its non-farm payrolls report for May

Gold price today at Rs 48,230 per 10 gm, silver trending at Rs 71,900 a kg

Prices for 24-carat gold witnessed an uptick of Rs 1,300 per 10 gram to Rs 49,230 on Thursday from Rs 47,900 in the previous trading session

May gold imports surge, vegetable oil buying hits record high: Report

India's gold imports in May surged more than nine-fold from last year's low base to 12 tonnes, while vegetable oil imports in the month spiked 148% to a record $1.4 billion, a government source

Gold retreats from near five-month peak on firmer yields, equities

Gold prices retreated from a near five-month high marked in the previous session, as an uptick in bond yields weighed on the safe-haven metal

Gold price today at Rs 46,900 per 10 gm, silver trending at Rs 72,600 a kg

Gold in the national capital on Wednesday was up by Rs 110 to Rs 46,980 per 10 gram

Gold's momentum is with the bulls after best month since July

Bullion wiped out losses made earlier this year with a 7.8 per cent advance over May amid signs of accelerating inflation

Sugar production up 13% to 30.56 million tonnes during Oct 2020-May 2021

Sugar production rose by 13% to 30.56 million tonnes in the first eight months of the current marketing year ending September, mainly due to higher output in Maharashtra, according to trade data

Coal India Ltd's coal offtake rises 38% to 55 million tonnes in May

State-owned Coal India Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector.

Gold scales near 5-month peak on weaker dollar, inflation worries

Spot gold was up 0.2% at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session

Gold selling at Rs 46,700 per 10 gm, silver trending at Rs 72,000 per kg

In New Delhi, the price of 22-carat gold is at Rs 46,870 per 10 gm, while in Chennai it increased to Rs 46,280. The rate in Mumbai was Rs 46,700

Gold gains Rs 195 in the national capital on firm global trends

In the previous trade, it had closed at Rs 48,413 per 10 gram.