Page 483 - Commodity News

Cabinet clears gold bond, monetisation schemes

The Gold Bond scheme will have an annual cap of 500 grams per person

Ten things to know about Sovereign Gold Bond Scheme

As investors will get returns that are linked to gold price, the scheme is expected to reduce the demand for physical gold

Silver falls by 0.5% on global cues

Speculators widened positions amid a firming trend overseas

Crude oil up by 1% on Asian cues

Speculators widened positions on positive cues from Asian markets

Gold futures up by 0.2% powered by global cues

Speculators created fresh bets amid positive cues from global markets

Copper up by 0.9% on global cues

Rising domestic demand also helped prices

Crude palm oil up by 1.1% on rising demand

Besides, tight stocks position on restricted arrivals from producing belts supported the upside

Lead up 0.7% on upbeat global cues

Rising demand also helped prices

Falling rupee to benefit Indian apparel, fabric exporters

Rupee has depreciated more than currencies of competing countries like China, Vietnam and Bangladesh

Agri-commodities up on monsoon deficiency

22% lower rainfalls in August hit germinations of crops, output to remain lower in kharif and rabi seasons; may weigh on agri-inflation

Natural rubber output rises 7.8% in August

Diamond industry fears more job losses as China slows

More than 5,000 Surat polishers have lost their jobs since June

Natural rubber price falls steeply

The government had announced a special scheme to procure rubber from growers and earmarked Rs 300 cr but it's failing

Cardamom falls by 0.5% on easing demand

Speculators engaged in reducing positions on the back of fall in demand in the spot market

Deficient rainfall to weigh on soybean production

Plants grow pale in major producing regions, negative affect on yield, output to remain lower despite higher acreage

Lead down by 0.4% on subdued spot demand

Weak global cues after Chinese trade data also affected prices

Copper sheds 0.3% on muted demand

Weak global cues after trade data also affected prices

Oil prices mixed after weak Chinese trade data

Oil prices are down almost 30% from this year's closing peak in May, according to Bloomberg News data

Deficient rains to spoil cotton farmers' party

A shortfall of 50% of monsoon rain till now may result in 20% fall in production in cotton growing states

Hubris led to destruction of investors' money by mining groups

The onset of boom led the world's leading mining groups to be on a capital expenditure binge to dig out new mines