Page 357 - Commodity News

Share of organised jewellers to go up

Scrap gold sales may be affected, old jewellery to fetch less

Gold slips on firmer dollar; market awaits BoE policy decision

Spot gold was down 0.4 per cent at $1,352.10 an ounce by 0340 GMT, after declining 0.4 per cent in the previous session

Gold hits 33-month high on risk aversion appetite

Weak response to Japan bond purchase indicates investors' lack of confidence in govt securities

Shine is off Shrenuj as future hangs in balance

The 110-year-old diamond house is struggling to come to grips with its debt woes as lenders initiate the recovery process

Cardamom up 0.9% as demand picks up

Spice for delivery in September contracts traded higher by Rs 5, or 0.53%

Blow to Monsanto as Indian farmers shift to indigenous seed

Sales of Bt cotton for Monsanto see almost 15% fall in 2016 as farmers chose 'desi' seed

Gold rises back above $1,360 as talk of US rate hikes fades

Yellow metal was trading up 0.9% at $1365 an ounce, after rising to $1367.33, the highest since July 11

APMC delisting: Vegetables price crash as farmers sell directly to consumers

Bitter gourd leads decline as green veggies nosedive up to 50% on Maharashtra's move to delist them from spot mandis

Stainless steel makers want level playing field

Increasingly, big imports of stainless steel flat products, particularly from China, have left much of the domestic industry capacity idle

Higher ore prices act as a dampener for ferro alloys makers

At the last round of e-auctions held on July 26, OMC offered 95,270 tonnes of varying grades of chrome ore with an average floor price of Rs 8,138 per tonne

Health of domestic steel industry critically depends on government's decision on MIP: ICRA

Domestic steel price increase of 25% till mid-June would have led to better profitability of steel companies in June quarter

Bad weather makes Assam tea output to nosedive in July, industry worried

July is a peak tea producing month in Assam; production in July this year may dip by 21-30%

Gold steady on weaker dollar as US rate hike prospects lose steam

US gold was mostly unchanged at $1,358.8 an ounce

Oil prices push higher after entering bear market

On the back of bargain-buyers taking advantage of a weaker dollar

Area under basmati to dip 30% in Punjab

Decline in area of premium quality rice will mean area under common varieties and grade-A varieties will go up significantly in the state

Gold holds steady after weak US economic data

With the US Commerce Department saying that the US economy grew at a 1.2% annual rate in the second quarter, much less than expected

Oil dips over global supplies rise, fresh concerns over Asian economies

Overproduction of crude and a wave of refined products were the main factors weighing on oil

Gold at 29-month high, may touch Rs 32,500 mark

Renewed hedge funds' long position may keep sentiment up; traders eye Rs 32,500 per 10 gm on favourable monsoon and better kharif harvest

Gold tops Rs 31,000-level after 29 months

Globally, gold rose 1.2% to $1,357.50 an ounce in New York yesterday

Urad dal price sharply declines during the week

Opening the week at Rs 14,200, urad dal was less by Rs 500 per quintal from Rs 14,700, ruled steady till Thursday