Page 168 - Commodity News

Gold prices likely to move up in 2021; stay invested for now, say analysts

Accommodative policies of the most central banks world over also meant money continued to flow to this asset class.

Oil prices slip on surprise gain in US inventory, demand squeeze worries

Oil prices dropped on a surprise gain in crude oil inventories in the US and as investors continued to worry about demand for fuel being squeezed amid Covid-19 lockdowns

Gold price today at Rs 52,310 per 10 gm, silver trending at Rs 64,150 a kg

In New Delhi, the gold price of 22-carat is at Rs 47,950 per 10 gm, while in Chennai it jumped to Rs 46,530

Oil prices dip as tighter Covid lockdowns in Europe cast shadow on demand

Oil prices dipped in early trade, with demand worries due to tighter lockdowns in Europe outweighing relief from vaccination rollouts and concerns about a flare-up of tension in the Middle East

Gold price today at Rs 52,310 per 10 gm, silver trending at Rs 63,200 a kg

In New Delhi, the gold price of 22-carat climbed to 47,950 per 10 gm, while in Chennai it jumped to Rs 46,110

Gold price today at Rs 52,550 per 10 gm, silver trending at Rs 63,600 a kg

In New Delhi, the gold price of 22-carat climbed to 48,170 per 10 gm, while in Chennai it jumped to Rs 46,590

Commodity picks: December 14 2020

The price is expected to trade lower at Rs 1,400 a quintal following ample wheat supplies

Gold price today at Rs 52,420 per 10 gm, silver trending at Rs 63,400 a kg

In the international market, Gold edged lower on Thursday, hovering close to a one-week low hit in the last session

Iron ore is this year's hottest commodity on China-fuelled surge

Futures in Singapore have surged almost 70% this year, hitting their highest since trading started in 2013, as China's stimulus-led rebound fuels steel output and consumption

Throughput at IOC refineries rises to 100% in Nov on growing demand

Demand for petrol is now higher than last year, while demand for diesel continues to lag behind

Trading strategies for natural gas and aluminium by Tradebulls Securities

It seems that a near term top has been established in aluminum and we might see pullback till levels of 158 before uptrend resumes

Gold price today at Rs 53,190 per 10 gm, silver trending at Rs 64,400 a kg

Gold price fell Rs 118 to Rs 49,221 per 10 gram in the national capital on Wednesday on a weak global trend

Gold ETF flows turn negative after 7 months as price falls 12% since August

Currently, there are 11 Gold ETFs with assets under management (AUM) of Rs 13,800 crore offered by fund houses

Crude oil's run towards $50/barrel mark could run out of fuel in 2021

Covid-19 infections remain at peak levels globally, decimating demand for transport fuels, the mainstay of oil use

Gold price today at Rs 53,180 per 10 gm, silver trending at Rs 65,500 a kg

In New Delhi, the gold price of 22-carat climbed to 48,750 per 10 gm, while in Chennai it jumped to Rs 47,080

Gold price today at Rs 52,420 per 10 gm, silver trending at Rs 63,000 a kg

In New Delhi, the gold price of 22-carat climbed to 48,050 per 10 gm, while in Chennai it jumped to Rs 46,360

Barred from diamond bids, jewellery exporters seek equalisation levy relief

The request features in GJEPC's representation made to finance ministry for union budget 2021-22

India petrol prices inch towards record highs after OMCs hike for 6th day

Petrol prices could touch an all-time high with oil marketing companies raising their retail price for sixth consecutive day

Gold price today at Rs 52,650 per 10 gm, silver trending at Rs 63,900 a kg

In New Delhi, the gold price of 22-carat climbed to 48,060 per 10 gm, while in Chennai it jumped to Rs 46,530

Saudi Aramco raises January crude oil price for Asia, document shows

Saudi Arabian state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over Oman/Dubai crude, up $0.80 from December, a company document showed