Page 179 - Commodity News

India's seafood exports narrowly miss $7-billion target for 2019-20

Among factors that impacted exports were sluggish demand, cancellation of orders, and reduced & delayed payments

Gold price today at Rs 55,100 per 10 gm, silver at Rs 68,010 a kg

In New Delhi, the price of 22-carat gold rose to Rs 51,160 per 10 gram, and in Chennai to Rs 51,010

Commodity picks: 17 August, 2020

For the week ahead, prices are expected to remain weak and head towards Rs 3,775 and then Rs 3,750 per quintal

Gold ETF inflows soar 86% to Rs 921 cr in July, rush of new investors

According to the data, a net sum of Rs 921 crore was pumped into gold-linked ETFs last month, higher than the net Rs 494 crore in June

Gold price today at Rs 55,100 per 10 gm, silver slumps to Rs 66,950 a kg

In New Delhi, the price of 22-carat gold rose to Rs 51,160 per 10 gram, and in Chennai to Rs 51,110

Oil slips below $45 on rising supply, demand doubts due to Covid-19

Two prominent forecasters, the International Energy Agency and the Organization of the Petroleum Exporting Countries, trimmed their 2020 oil demand forecasts this week

July palm oil imports rise to a 10-month high at 824,078 tonnes: Trade body

The country's soyoil imports in July surged 52 per cent from a year ago to 484,525 tonnes

Trading strategies for Copper and Natural Gas by Tradebulls Securities

Copper has made 'harami' candlestick pattern on daily scale which is a sign of reversal

Gold prices steady at Rs 52,701 per 10 gram, silver rises to Rs 67,439 a kg

In New Delhi, prices of 22-carat gold jumped significantly to Rs 51,150 per 10 gram from previous close of Rs 50,250 while prices of 24-carat also climbed to Rs 55,900

Raiding RBI war chest, asking people to deposit gold needless distractions

Using the central bank's gold to raise resources is no substitute for bolstering the sovereign's credibility with investors

Gold prices jump to Rs 52,626 per 10 gram, silver rallies to Rs 65,749 a kg

In New Delhi, prices of 22-carat gold slumped Rs 3,200 to Rs 50,250 per 10 gram while prices of 24-carat also dropped to Rs 54,500

Gold may fall from current high, but a drop below $1,700 unlikely

For all its fake advantages, the metal has one genuinely useful property - its unrivalled ability to move in the opposite direction to equities and bond yields

Gold fights back, rebounds above $1,900 after biggest loss in 7 years

It had dropped as much as 5.7% (intra-day) on Tuesday, the biggest one-day loss in seven years and finally settled at $1,863.15 an ounce

Tea industry struggles amid rains, lockdown, and buyers turning to Kenya

Heavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records

NMDC hikes iron ore rates by Rs 300 to Rs 2,950 a tonne effective today

The country's largest iron ore miner NMDC on Wednesday hiked rates of the mineral by Rs 300 to Rs 2,950 a tonne with immediate effect

India's weak fuel demand drags on as coronavirus crisis worsens

Sales of gasoline, or petrol, fell by 10.3% from a year earlier to 2.26 million tonnes, and were down 0.8% from 2.28 million tonnes in June

OPEC+ has tricky balancing act keeping $40/b oil price floor

There is still a long way to go before Asian demand can be relied upon again

Gold price falls to Rs 53,951 per 10 gram, silver drops to Rs 71,211 a kg

In New Delhi, prices of 22-carat gold slumped Rs 650 to Rs 53,450 per 10 gram while prices of 24-carat also dropped to Rs 54,750

Gold prices slump to Rs 55,350 per 10 gm, silver jumps to Rs 75,150 a kg

In New Delhi, the price of 22-carat gold rose to Rs 54,100 per 10 gram, and in Chennai to Rs 53,580

Gold prices at Rs 59,300 per 10 gm, silver jumps to Rs 74,210 a kg

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges