Page 184 - Commodity News

With Silver rising faster than gold, here're four ways to invest and why

Buying physical is the easiest way or use global route to invest in ETFs

Gold price today at Rs 49,150 per 10 gm, silver climbs to Rs 53,000 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,950 per 10 gram, and in Chennai to Rs 47,130

Silver price gives competition to gold rally as industries fuel demand

At least 2,000 tonne of silver was imported in the April-June quarter, compared to 10 tonne of gold.

Soybean output to jump at least 15% as farmers expand area on ample rains

It could also revive Indian exports of animal feed ingredient soymeal to places such as Bangladesh, Japan, Vietnam and Iran

Oil demand may hit 100 million b/d in 2041 if economic recovery sustains

Platts Analytics sees continued growth in long-term petrochemicals demand as potentially delaying peak oil demand to 2021.

Oil prices rise after sharp drop in US crude stock, focus on OPEC meeting

Brent crude futures were up 10 cents, or 0.2%, at $43 a barrel as of 0049 GMT, and US West Texas Intermediate (WTI) crudefutures rose 14 cents, or 0.4%, to $40.43 a barrel

Commodities fall as rising Covid-19 cases spark fear of lockdown

Gold, silver, oil, and copper were among the major losers globally and in India - on the MCX

Gold prices today at Rs 49,050 per 10 gm, silver jumps to Rs 52,210 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,850 per 10 gram, and in Chennai to Rs 46,960

Dussehri mango has few takers in peak season, prices hit all-time low

Covid, pest infestation and inclement weather take a toll on the crops, even as domestic and foreign buyers stay away

Rate of contraction in gems and jewellery exports slows down in June

Though the June figure compares poorly YoY, it's much better than April and May

India's large steel export volumes not sustainable in near term: Icra

China largest steel export destination for India during Apr-May

Oil slips in Asian market as traders eye easing in supply cut at OPEC meet

Brent crude fell 27 cents to $42.97 a barrel by 0114 GMT while US West Texas Intermediate crude was at $40.27 a barrel, down 28 cents

Gold price jumps to Rs 45,177 per 10 gm; silver rallying at Rs 50,975 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,510 per 10 gram

Commodity picks: 13 July, 2020

Barley prices in Jaipur are trading at Rs 1,416 per quintal. Mustard seed is trading at Rs 4,900 per quintal

Gold prices slump to Rs 48,900 per 10 gm, Silver rallying at Rs 51,950 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,700 per 10 gram, and in Chennai to Rs 46,920

Edible oil import expected to fall 13% on sharp drop in consumption

Healthy oilseed output could improve domestic production of edible oil, reducing reliance on imports even further

India's fuel demand continues to recover in June, up 11% over May-levels

Officials said petrol and diesel demand has rapidly climbed due to higher use of private vehicles as commuters avoided public transport

Gold futures rise on firm spot demand, global cues to RS 48,925 per 10 gram

Gold prices on Friday rose by Rs 47 to Rs 48,925 per 10 gram in futures trade as speculators created fresh positions on firm spot demand

India fuel demand extends recovery from 13-yr low as economic opens up

On a year-on-year basis, demand for diesel registered its fourth straight decline in June at 15.4%

Gold in overbought zone, wait for correction before buying: Bhavik Patel

Renewed cases of Covid-19 is keeping bulls in the hunt. Above $1820, we can see prices till $1850-$1870 in a short period