Page 177 - Commodity News

Commodity picks: 7 September, 2020

Weak demand from processors, and upcoming new crop arrival pressure is expected to keep the trend weak for soybean

Gold price today at Rs 50,678 per 10 gm, silver trends at Rs 67,266 a kg

In New Delhi, the price of 22-carat gold remained at Rs 49,600 per 10 gram, and in Chennai it jumped to Rs 48,860

Oil holds near $44/barrel, heads for biggest weekly drop on demand concerns

Brent crude, the international benchmark, was up 5 cents, or 0.1%, to $44.12 at 0745 GMT, heading for a 2.3% drop this week

Trading strategies for crude oil and zinc by Tradebulls Securities

Crude oil has breached its range of 3,130-3,230 with volumes

Gold price today at Rs 54,110 per 10 gm, silver trends at Rs 65,600 a kg

In New Delhi, the price of 22-carat gold jumped to Rs 49,600 per 10 gram, and in Chennai to Rs 48,770

Indian cotton group wrestles with US over whose forecasts are better

Cotton prices in India were down more than 20% from a year earlier during the summer, before partially recovering, owing to a slump in demand from millers in the country

JSPL posts 21% growth in production and a 38% jump in sales in August

Private sector steel maker JSPL on Thursday posted a 21% rise in its consolidated production and a 38% growth in its sales for August 2020

Gems, jewellery exports to fall 25-30% this fiscal due to Covid-19: GJEPC

Gems and jewellery exports are projected to decline by 25-30% this fiscal as there was a "complete washout" of the first quarter due to lockdown to curb spreading of the Covid-19, the GJEPC said

Diesel price cut for first time in close to 6 months; petrol unchanged

Diesel price was cut for the first time in close to six months after state-owned fuel retailers reduced retail selling rate by 16 paise per litre

Gold prices decline Rs 614 to Rs 52,314/10 gm, silver tanks Rs 1,799

Gold prices in the national capital declined Rs 614 to Rs 52,314 per 10 gram on Wednesday tracking weakness in the international market, according to HDFC Securities.

India's August gold imports doubles to hit eight-month peak: Report

Gold imports in August nearly doubled from a year ago to the highest level in eight months on an improvement in investment demand and as some jewellers restocked after New Delhi eased lockdowns

Gold price today at Rs 55,000 per 10 gm, silver trends at Rs 68,700 a kg

In New Delhi, the price of 22-carat gold jumped to Rs 50,400 per 10 gram, and in Chennai to Rs 49,720

Gold price climbs Rs 418 to Rs 52,963 per 10 gms on global trends

Gold price rose by Rs 418 to Rs 52,963 per 10 grams in the national capital on Tuesday following a rally in the yellow metal in the international market, according to HDFC Securities.

Coffee prices touch new high, but Indian exporters unable to cash in on it

Prices are expected to increase further since the outlook for a smaller coffee crop in Vietnam, the world's largest robusta coffee producer, is boosting robusta prices

Gold price today at Rs 54,550 per 10 gm, silver trends at Rs 66,360 a kg

In New Delhi, the price of 22-carat gold jumped to Rs 50,010 per 10 gram, and in Chennai to Rs 49,130

Commodity picks: 31 August. 2020

Cotton seed oil cake at Akola is trading at Rs 2,031 per quintal, while chana price has rallied too steeply on the back of supply constraints

Gold price today at Rs 55,440 per 10 gm, silver trends at Rs 66,350 a kg

In New Delhi, the price of 22-carat gold jumped to Rs 50,000 per 10 gram, and in Chennai to Rs 49,120

Gold prices today at Rs 55,200 per 10 gm; silver jumps to Rs 66,300 a kg

In New Delhi, the price of 22-carat gold jumped to Rs 49,900 per 10 gram, and in Chennai to Rs 49,240

Next tranche of gold bond opens on Aug 31, issue price at Rs 5,117/gm

The Sovereign Gold Bond Scheme 2020-21 series VI will open for subscription on August 31, 2020 and close on September 4, 2020

Store or share? Dairies look for best options to dispose of surplus milk

Distributing surplus milk through the PDS mechanism for the poor and vulnerable is one suggestion.