Page 212 - Commodity News

Gold price rises Rs 118 at Rs 38,678 per 10 g on global cues, weaker rupee

HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold prices for 24 Karat in Delhi were trading up by Rs 118 with recovery in global gold prices and sharp rupee depreciation.

Govt gives sugar mills time till Dec 31 to export last year's balance quota

This will be over and above the quota allocated for the ongoing 2019-20 marketing year.

Commodity picks: November 11, 2019

Cotton seed oil cake is trading at Rs 3,035 per quintal at Akola.

Gold price softens by Rs 196 to Rs 38,706 per 10 g on weak global cues

In tandem with a weak trend in gold, silver prices also tumbled Rs 956 to Rs 45,498 per kg from Rs 46,454 per kg in the previous trade

Commodity outlook by Tradebulls Securities: Buy zinc, sell nickel

Commodities Outlook & Stock recommendation by Bhavik Patel - Sr. Technical Analyst

Onion prices may have peaked at Rs 100 a kg; expect a correction from here

With 3,000 tonnes of imported onion entering the market over the next fortnight, the price should start cooling off. Soon after, the new crop of onions will arrive, further reducing prices

Gold imports fell 46% in Oct, 4th straight month of decline, on weak demand

This year sales on Dhanteras, the most auspicious day in the country to buy the metal, slumped even as jewelers lined up offers to draw in buyers.

Gold prices surge by Rs 70 per 10 gm in Delhi on rupee depreciation

Tracking the rise in gold, silver prices also moved up by Rs 230 to Rs 46,510 per kg from Rs 46,280 per kg on Wednesday.

Gold prices fall by Rs 150 to Rs 30,700 on muted demand, global cues

Traders said a weak trend overseas as rising dollar eroded appeal of the precious metals as safe haven investment influenced prices at domestic markets

Gold up Rs 80 on jewellers' buying, silver touches Rs 41k mark

Gold goes up Rs 80 to Rs 30,780 per ten gram at the bullion market on Tuesday, Silver also recaptured the Rs 41,000-mark by surging Rs 520 to Rs 41,270 per kg

Gold prices move down slightly, silver remains flat

Globally, gold rose 0.41% to $1,296.10 an ounce and silver by 0.44 per cent to $17.13 in Singapore

Market bets on gold price rebound in second half of 2018

US interest rate hikes will keep prices subdued in first half; geopolitical problems to ensure fall won't be steep

Gold tanks by Rs 548 to Rs 38,857 on global trend, silver sheds Rs 1,190

Silver prices also witnessed correction, falling Rs 1,190 to Rs 47,090 per kg, from Rs 48,280 per kg on Friday.

Lower gold prices fail to spark post-Diwali lull in demand

Prices in India were at premium of up to $3 an ounce over official domestic prices this week, up from $2 last week

Gold climbs Rs 170 to Rs 31,820 per 10 gram on global cues, wedding demand

Globally, gold rose 0.40 per cent to USD 1358.70 an ounce and silver by 0.36 per cent to USD 16.88 an ounce in Singapore

Indians sell record amount of old gold as prices hit 7-year-high

Consumers sold 37.9 tonnes of the yellow metal in June quarter, says World Gold Council

Indian gold price discounts remain sluggish, Chinese premiums stable

India's gold imports will probably drop in the second half of the year from the first six months

Gold records biggest discount in 7 months, higher prices hurt retail demand

Prices have risen due to GST, under which tax rate jumped to 3% from 1.2% previously

New gold policy likely soon

The policy would include the setting up of a gold spot exchange for transparent trading

Gold prices flip to discount on muted wedding season demand

India's gold consumption is likely to drop to its lowest in eight years in 2017, the World Gold Council said last week