Page 2305 - Commodity News
Chana down 0.7% on profit-booking
Sluggish spot demand also pulled prices lower
Jeera down 1.2% on sluggish demand
Speculators offloaded positions pulling prices down
Gold hits record high at Rs 31,077 per 10 gm
Price rise is set to trim India's gold consumption, and subsequently imports, in the peak festive season
Silver surges 1.2% on strong global cues
The metal rose 1.4% to $31.21 an ounce, the highest level since May 1 in Singapore
Crude oil rises on firm global cues
October delivery increased $1.57 to $97.72 a barrel on the New York Mercantile Exchange
Gold traders refrain from deals on peak prices
International spot gold rose to the loftiest level since mid-April
Gold futures touch record high of Rs 31,468
Sentiment bolstered after gold jumped to four-month high in overseas markets
Oil rises above $114 on storm threat, stimulus hopes
Supply cuts have already played a role in pushing prices up nearly 30% since June
Textile mills may import 1.2 mn cotton bales in year ended Sept 12
In July 2012, prices of Indian cotton crossed world cotton prices, making imports of other varieties of the natural fibre more economical
US gold price highest since April on stimulus hopes
MARKETS-PRECIOUS:Gold price highest since April on stimulus hopes
Gold to continue record run
Concerns of fresh stimulus packages by major economies driving up bullion demand
With scanty monsoon, state farmers bet on guar seed
Area under cultivation for the commodity rises by over 56% as compared to last year
Mills starving despite record wheat output
High prices in domestic market and delay in FCI tenders push mills to the verge of closure
Gold inches down as investors await central banks meeting
The euro eased against the dollar, extending losses for the third day straight
Nickel down, tracking weak global markets
The August contract declined by Rs 3, or 0.33%, to Rs 910.20 per kg, with a business turnover of six lots
Lead down on overseas cues, subdued demand
Subdued demand from battery-makers at the domestic spot markets also pressurised lead prices
Copper down 0.5% on global cues, subdued demand
Expectations of a stimulus from US's Federal Reserve also pulled prices lower