Gold climbed a new peak today by rising Rs 50 to Rs 29,490 per 10 grams on sustained buying by stockists to meet the ongoing marriage season demand amid a firming global trend.

Gold hits new high at Rs 29,490 on rise in demand

Press Trust of India

Caustic soda prices rose by Rs 50 per 50 kg in the national capital today, on account of firm demand from consuming industries amid restricted supply from producing belts.

Caustic soda rises on firm demand

Sugar prices closed lower in the national capital today on the back of adequate stocks positions driven by release of free sale sugar quota for the current month.

Sugar closes lower on increased supply

Iron ore prices declined 11 per cent in the past week due to a drastic decline in demand from China, the world&rsquo;s largest consumer of the steelmaking raw material.

Iron ore prices fall 11% in a week on slow Chinese demand

Business Standard

Guar gum prices rose over nine per cent in the past week due to speculative buying and stock holding in the futures market. Traders are booking afresh in anticipation of further price escalation. Guar gum, a derivative of guar seed, is widely used in oil drilling, paper, textiles, mining, explosives, ore floatation and many other industries.

Guar gum prices rise 9% on speculative buying

In a move to cut the high state taxes on aviation turbine fuel (ATF), the central government has suggested states agree to classify the item in the &lsquo;declared goods&rsquo; category.

Centre suggests states cut tax on aviation fuel

Prices decline 13-31% this year on euro zone problems; nickel is the worst performer losing 31% .

Base metals fall on global crisis

Palladium, used mostly in catalytic converters for vehicles, beat most other commodities this week after US car sales expanded at the fastest pace in more than two years.

Palladium beats others as US car sales expand

The Rs 250,000-crore domestic jewellery industry is likely to get a major boost through the government&rsquo;s decision for foreign director investment (FDI) in retail.

Jewellery sector to get a major boost from FDI in retail

The Food and Agricultural Organisation (FAO) of the United Nations has forecast India&rsquo;s grain output to remain substantial higher because of favourable climatic condition. The agency estimates India&rsquo;s overall cereal output this year to rise by 5.7 per cent to 228.6 million tonnes (mt).

India's agri output to rise 5.7% on good weather, says FAO

Commodities may rally as central banks boost money supply further and cut interest rates to combat slowing economic growth, according to Renaissance Asset Managers, a unit of Moscow-based Renaissance Group.

Commodities may rally on better money supply by central banks

Oil prices pushed higher in Asian trade today after Iran's military reportedly said it had shot down a US drone and ahead of a Franco-German euro rescue meeting, analysts said.

Oil up in Asia on Iranian tensions

Zinc futures prices fell by 0.33% to Rs 104.75 per kg today, as speculators reduced their positions, taking weak cues from London Metal Exchange (LME).

Zinc futures down 0.33% in thin trade

Amid a weak trend overseas and subdued demand from battery makers in the spot market, lead futures prices weakened by 0.19% to Rs 107.60 per kg today.

Lead futures down 0.19% on subdued demand, global cues

In mixed pattern of trading, copper prices fell by 0.15% to Rs 407.25 per kg in futures trade today largely in line with a weakening trend at the London Metal Exchange.

Copper futures down in mixed trade

Cardamom prices were up by Rs 9.90 to Rs 619.10 per kg in futures trade today, on firm demand in the spot markets on account of marriage and seasonal demand.

Cardamom up 1.6% on seasonal demand

Crude palm oil futures traded marginally higher by Rs 3.60 to Rs 523.50 per 10 kg today, on pick-up in demand in the spot markets amid a firming global trend.

Crude palm oil marginally up on global cues

Mentha oil futures prices rose by Rs 6.50 to Rs 1,331.50 per kg today, as traders enlarged their holdings, supported by export and industrial demand.

Mentha oil futures up 0.49% on industrial demand

Crude palm oil futures marginally up on global cues

Cardamom futures rise by 1.62% on seasonal demand

Prices of tur dal,urad dal, moong dal, gram dal,sugar&nbsp; wheat and maida decreased except sooji which ruled steady in the wholesale foodgrains market here today.

Fall in prices of all foodgrains

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