Page 331 - Commodity News
Gold rush empties jewellers' shop, sales come to grinding halt
Jewellers in many parts of India sold huge quantities of precious ornaments at a premium of up to 50%
 "Gold rush empties jewellers' shop, sales come to grinding halt")
Metal firms cheer rebound in prices
In last three weeks, base metals have seen a sharp rally initially and most industrial raw materials have risen 10-25%
 "Metal firms cheer rebound in prices")
Over 600 jewellers asked to provide gold stock of past 4 days
This is to also check if shop owners have hoarded money as many people started buying gold since demonetisation
 "Over 600 jewellers asked to provide gold stock of past 4 days")
Bayer group hints at continuing crop research in India
Bayer group is setting up a new plant at Vapi in Gujarat with €30-million fresh investments
 "Bayer group hints at continuing crop research in India")
Analysts turn cautious on gold; metals rally
Even in India, MCX prices fell sharply from Rs 1200 jump on MCX futures on Wednesday morning in the opening session
 "Analysts turn cautious on gold; metals rally")
Govt pegs 2016-17 sugar output at 22.52 MT; down 10.27%
Country's sugar production had declined to 25.1 MT in the 2015-16 season due to drought in major growing states
 "Govt pegs 2016-17 sugar output at 22.52 MT; down 10.27%")
Gold jumps by Rs 172 on positive global cues, spot demand
Yesterday, gold prices zoomed by Rs 900 to trade at three-year high of Rs 31,750 per 10 grams in the national capital
 "Gold jumps by Rs 172 on positive global cues, spot demand")
Gold, silver prices surge as reaction to demonetisation and Trump win
Jewellery retailers selling at huge premiums against Rs 500/1,000 notes
 "Gold, silver prices surge as reaction to demonetisation and Trump win")
Gold regains Rs 31k-mark on renewed demand, silver tops Rs 45k
Black money crackdown and surge in global cues amid Donald Trump's victory in US presidential election are the reasons
Gold at 3-year high on black money crackdown, global cues
Zooms Rs 900 to hit three-year high of Rs 31,750 per ten gram
Mad rush for bullion: Gold hits Rs 34,000, sets new record in pre-opening trade
Gold hits Rs 34,000 - 34,500 per 10g in a mad rush of buyers to tender Rs 500 and Rs 1000 notes Tuesday night,
How scrapping of old notes will boost demand for gold jewellery
The Modi government's decision to demonetise Rs 500 and Rs 1,000 banknotes is set to drive up interest in the bullion market
MCX raises margin in view of US elections
If Trump wins, gold is expected to see a sharp jump as market sees policy uncertainty
India needs its own gold standards for GMS to succeed
India Mint, CSIR & BARC signed an agreement last week to develop a standard reference material for gold
China to import areca nut from India
Campco will supply to Kou Wei Wang (King of Taste), one of the largest Chinese mouth freshener manufacturers
Disclosure of PAN details is driving Indians away from gold
India's gold demand declines 28% for July - Sept quarter on high prices, unfavourable policy decisions
Couples don't buy diamonds online the way they used to
The ring market on eBay has risen 58 per cent in the last five years
 "Couples don't buy diamonds online the way they used to")
Oil holds steady with Wall St as the US votes
Oil pared earlier gains, in line with US stock markets, as voters headed to the polls to elect the next President of the US
 "Oil holds steady with Wall St as the US votes")
Long-term impact of GM mustard on health not studied: Gilles-Éric Seralini
Interview with Molecular biologist and anti-GM Activist
 "Long-term impact of GM mustard on health not studied: Gilles-Éric Seralini")
Indian tobacco industry raises concern after failing to obtain representation in COP7
Tobacco industry has raised concern that the decisions in the meet may be one-sided affecting the Indian tobacco industry
 "Indian tobacco industry raises concern after failing to obtain representation in COP7")