Page 47 - Commodity News
Gold falls Rs 10, silver down Rs 100; yellow metal trading at Rs 79,630
The price of 22-carat gold also dropped by Rs 10, with ten grams of the yellow metal selling at Rs 72,990
 "Gold falls Rs 10, silver down Rs 100; yellow metal trading at Rs 79,630")
Crude prices jump more than 3% on concerns over more US sanctions on Russia
The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could not verify the veracity of the document
 "Crude prices jump more than 3% on concerns over more US sanctions on Russia")
Gold rises Rs 250 to Rs 80,550 per 10 gm; silver steady at Rs 93,000 per kg
Meanwhile, the rupee declined 14 paise and touched the crucial 86-mark for the first time against the US dollar on Friday as it failed to resist pressure from a stronger American currency
 "Gold rises Rs 250 to Rs 80,550 per 10 gm; silver steady at Rs 93,000 per kg")
Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 79,210
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 72,610
 "Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 79,210")
Import stats for gold, silver, electronics lowered for April-November
The government has also revised the electronics import value for this period downward by $2.7 billion to $61.2 billion
 "Import stats for gold, silver, electronics lowered for April-November")
Oil prices edge down for second day straight on rising US fuel inventories
Both benchmarks fell more than 1 per cent on Wednesday as a stronger dollar and the bigger-than-expected rise in US fuel stockpiles weighed on prices
 "Oil prices edge down for second day straight on rising US fuel inventories")
Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 78,830
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 72,140
 "Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 78,830")
Govt slashes Nov gold import data by $5 billion in commodity revision
The revised data also suggests a narrowing of India's trade deficit by $5 billion, reducing it to $32.8 billion in November from the previously reported all-time high of $37.8 billion
Centre slashes Nov gold imports by $5 bn in record commodity revision
The spike in gold imports widened the country's merchandise trade deficit to a record $37.84 billion in November, significantly exceeding economists' forecast of $23.9 billion
Centre considers lifting 3-year ban on trade in some crop futures
A final decision will be taken by a group of ministers in Prime Minister Narendra Modi's administration, which will then ask the Securities and Exchange Board of India to lift the curbs or extend them
 "Centre considers lifting 3-year ban on trade in some crop futures")
Gold falls Rs 10, silver climbs Rs 100; yellow metal trading at Rs 78,700
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 72,140
Gold slumps Rs 10 to Rs 78,700, silver declines Rs 100 to Rs 91,400
The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 72,140
RBI added 8 tonnes gold to its reserves in November 2024: WGC report
In 2024, central banks - mostly those from emerging markets - remained keen buyers of gold, driven by the need for a stable and secure asset amid global economic uncertainties
 "RBI added 8 tonnes gold to its reserves in November 2024: WGC report")
Saudi oil giant ups crude prices for Asian buyers amid tightening supply
The world's top oil exporter Saudi Aramco announced its first crude oil price hike in three months
 "Saudi oil giant ups crude prices for Asian buyers amid tightening supply")
Gold prices fall Rs 10 to Rs 78,700, silver down Rs 100 at Rs 91,400 per kg
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,700
 "Gold prices fall Rs 10 to Rs 78,700, silver down Rs 100 at Rs 91,400 per kg")
Gold prices up Rs 10 at Rs 79,210, silver rises Rs 100 to Rs 92,600 per kg
The price of 22-carat gold also went up by Rs 10, with ten grams of the yellow metal selling at Rs 72,610
Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,340
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,810
Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,010
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,510
 "Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,010")
Gold falls Rs 10 to Rs 77,550, silver down Rs 100 at Rs 90,400 per kg
The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 71,090
 "Gold falls Rs 10 to Rs 77,550, silver down Rs 100 at Rs 90,400 per kg")
Gold prices slip below Rs 79,000 per 10 gm on poor offtake by retailers
The precious metal of 99.9 per cent purity declined Rs 550 to Rs 78,950 per 10 grams. It had closed at Rs 79,350 per 10 grams on Monday