Page 162 - Commodity News

Gold price slides further to Rs 47,600 per 10 gm, silver at Rs 68,000 a kg

In New Delhi, the 22-carat gold price fell by Rs 400 to Rs 46,500 per 10 gm, while in Chennai it declined to Rs 44,830

Deepwater port lined up for rice, exports to surge amid global shortage

India mainly exports non-basmati rice to Bangladesh, Nepal, Benin and Senegal, and basmati rice to Iran, Saudi Arabia and Iraq

Gold, silver ease as dollar holds firm near two-month peak, hopeful aid

Spot silver declined 1.3% to $26.51. Prices have eased since hitting a near eight-year peak of $30.03 on Monday as the social media-driven rally fizzled out

Indonesia's palm oil-powered 'green diesel' fuels threat to forests

State energy company PT Pertamina last month started trials on the so-called "green diesel" after conducting tests with jet fuel late last year

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel

CME has raised margin for silver to push back any more speculative moves

Gold price rises to Rs 49,000 per 10 gm, silver trending at Rs 69,000 a kg

In New Delhi, the price of 22-carat gold fell by Rs 440 to Rs 46,900 per 10 gm. In Mumbai, the rate jumped to Rs 48,000

Petrol price unchanged at Rs 83.06 a litre for 8th day, diesel at Rs 76.48

Petrol and diesel prices were last raised by 25 paise per litre on January 27, according to a price notification from oil marketing companies

Gold declines Rs 232, silver tanks Rs 1,955 amid drop in global prices

Gold in the national capital on Wednesday declined by Rs 232 to Rs 47,387 per 10 gram amid decline in global precious metal prices, according to HDFC Securities.

Gold price slips to Rs 48,590 per 10 gm, silver trending at Rs 71,000 a kg

In New Delhi, 22-carat gold price fell by Rs 850 to Rs 47,300 per 10 gm, while in Chennai it fell to Rs 45,650

Gold price rises to Rs 49,450 per 10 gm, silver trending at Rs 73,000 a kg

In New Delhi, the price of 22-carat gold inched up by Rs 190 to Rs 48,150 per 10 gm. In Mumbai, the rate rose to Rs 48,450

Budget 2021: FM names Sebi as regulator of proposed spot gold exchange

The FM also proposed to introduce an investor charter as a right of all financial investors across all financial products

Gold prices fall to Rs 47,960 per 10 gm, silver trends at Rs 69,800 a kg

In New Delhi, the 22-carat gold price stayed at Rs 47,800 per 10 gm, while in Chennai it was at Rs 46,560

Should 'private Cryptocurrencies' be banned in India? Experts' take

The RBI's official digital currency, also called Central Bank Digital Currency, has been in the works for a while

BSE becomes first exchange to execute deliveries of Gold mini contracts

The BSE has become the country's first exchange to complete deliveries of Gold mini contracts under BSE-BIS India Good Delivery Standard

Gold set to post weekly, monthly decline on firmer dollar rising 0.2%

Spot gold was unchanged at $1,840.91 per ounce by 0058 GMT. Prices were down 0.6% for the week and 2.9% for the month. U.S. gold futures rose 0.1% to $1,839.70

Gold price falls for 2nd day to Rs 48,800/ 10 gm, silver at Rs 66,000 a kg

In New Delhi, the price of 22-carat gold dropped by Rs 100 to Rs 47,800 per 10 gm. In Mumbai, the rate dropped to Rs 47,800 according to the Good Returns website

India's gold jewellery demand down 42% in 2020 to 315.9 tonnes: WGC

Total investment demand for 2020 was down by 11 per cent at 130.4 tonnes in comparison to 145.8 tonnes in 2019, according to WGC's latest Gold Demand Trends report

Pandemic-battered gold demand in India expected to rebound in 2021

Demand is expected to jump closer to the 690 tons bought in 2019 as the country's economy shows signs of recovery, P R Somasundaram, managing director at the council for India, said

Commodities outlook & trading strategies by Bhavik Patel of Tradebulls Sec

If silver can break above the $26 level, then it is likely that the market goes looking towards the $27.50 level, and then eventually the $28 level

Gold price falls to Rs 49,000 per 10 gm, silver trending at Rs 66,200 a kg

In New Delhi, the price of 22-carat gold dropped to Rs 47,900 per 10 gm, while in Chennai it stood at Rs 46,170