Page 187 - Commodity News

Limited gains for ONGC as coronavirus crisis, oil price spat continue

Analysts feel company's stock is already discounting crude price recovering to $48/barrel.

Gold price at Rs 48,750 per 10 gm, silver crosses Rs 50,000 mark

In New Delhi, the price of 22-carat gold is holding steady at Rs 47,550 per 10 gram, while in Chennai it is Rs 46,740

Rain-damaged crops, supply bottlenecks jack up tomato prices 9x in Delhi

Supplies dip more than 50% in National Capital's Azadpur Mandi; prices in Mumbai nearly double

Gold, silver edge closer to Rs 50,000 as fears of Covid resurgence rise

International futures hit $1,800, head towards all-time high

Silver futures witness increasing interest on MCX amid Covid-19 crisis

In the April-June quarter, the ADTV value of futures contracts in silver was at Rs 5,850.62 crore, the highest since the introduction of the commodities transactions tax

Spurt in domestic, export demand pushes basmati price by 10% in a month

Demand shot up sharply since start of Unlock 1.0 as Stockists rushed to fill their pipelines amid uncertainty in market operations over exploding number of Covid-19 cases

Safe bet: Five reasons that will lead gold to all-time high price

Indian households supposedly hold 25,000 tonnes of gold valued at Rs.121.5 trillion, or almost 60 per cent of India's GDP.

Gold price today: Rs 48,559 per 10 gm; silver rises to 48,600 per kg

In New Delhi, gold price today of 22-carat gold declined Rs 150 per 10 gram to retail at Rs 47,100, while in Chennai it is Rs 180 less at Rs 46,270

Gold shines as price hits all-time high, but demand loses lustre

Even as physical demand is absent, investments in paper gold are pushing the price of the yellow metal to record highs

Ethanol production capacity may increase to 375-400 cr litres: ISMA

With improved production of sugarcane, India's ethanol production capacity may increase to over 375-400 crore litres, said the Indian Sugar Mills Association of India

Gold price hovers at Rs 48,450 per 10 gm, silver climbs to Rs 48,500 a kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 47,250 per 10 gram, while in Chennai it is Rs 46,450

Oil falls in second straight session as virus lockdown cools demand

Brent crude is set to end June with three consecutive monthly gains as OPEC+ supply cuts and as oil demand improved after countries across the globe eased lockdown measures

Gold price jumps to Rs 48,410 per 10 gm, silver at Rs 48,110 per kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 47,210 per 10 gram, while in Chennai it is Rs 46,410

Commodity picks: 29 June, 2020

For the week ahead, mustard prices are expected to head towards Rs 4,765 per quintal

Gold price today falls to Rs 47,900 per 10 gm, silver at Rs 47,700 per kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 46,700 per 10 gram, while in Chennai it is Rs 46,180

Investors bullish on gold amid strong fundamentals, weak global economy

Despite falling imports into India and China, gold prices are moving up due to high investment and consumer demand in the US

Indian edible oil demand may recover in first quarter next year: Analyst

The director of Indian consumer goods company Godrej International Ltd, added that India needed to raise import taxes on edible oils to boost local oilseed output

Gold set for third straight weekly gain as virus cases soar

The bullion has risen more than 1% so far this week, with prices scaling a near eight-year high of $1,779.06 on Wednesday

Trading strategies for Gold and Natural Gas by Tradebulls Securities

There is no divergence in Gold and prices are comfortably trading above its all-important moving average

Gold price today at Rs 48,060 per 10 gm, silver falls to Rs 47,600 per kg

In New Delhi, gold price today of 22-carat gold is holding steady at Rs 46,810 per 10 gram, while in Chennai it is Rs 46,170