Page 188 - Commodity News

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

Sugar output in 2020-21 estimated to rise 12% to 30.5 mn tonnes

This would be 12 per cent higher than estimated production of 27.2 MT in the current 2019-20 cycle

Sugar output in India expected to rise by 17.69% to 32 MT in 2020-21: ISMA

There is likely 1% fall in sugarcane area to 22.92 lakh hectares this year

Gold prices today: Rs 48,575 per 10 gm; silver falls to Rs 48,505

In New Delhi, the price of 22-carat gold is about Rs 47,050 per 10 gram, while price of 24-carat is retailing at Rs 48,250 today

Gold price rises in India with little demand for the physical metal

Gold ETFs, sovereign bonds drive yellow metal to new high of Rs 48,380 despite little demand

Gold prices today: Rs 48,120 per 10 gm; silver prices edge up to Rs 48,440

In New Delhi, the price of 22-carat gold is about Rs 46,800 per 10 gram, while price of 24-carat is retailing at Rs 48,000 today

Onion trades at output cost as prices decline 25%, may deter Kharif sowing

Crop quality is very poor due to delay in harvesting of matured crop, caused by shortage of workers and transport issues, says Lasalgaon APMC secretary

Crude processing in May recovers, up 7.3% from April to 3.87 million bpd

Compared to last year, Indian refiners' crude processing however tumbled by 24.2 per cent in May to 16.35 million tonnes

Gold price today at Rs 48,190 per 10 gm, silver at Rs 48,800 per kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 47,000 per 10 gram, while in Chennai it is Rs 46,290