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Page 49 - Commodity News

India's duty cut to revive gold demand after weak June quarter: WGC

Higher purchases in the world's second-biggest gold consumer could support global benchmark prices, which are trading near record highs

India's duty cut to revive gold demand after weak June quarter: WGC
Updated On : 30 Jul 2024 | 2:14 PM IST

Gold price climbs Rs 10 to Rs 69,170, silver rises Rs 100 to Rs 85,100

The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 63,410

Gold price climbs Rs 10 to Rs 69,170, silver rises Rs 100 to Rs 85,100
Updated On : 30 Jul 2024 | 8:25 AM IST

Customs duty cut on silver likely to give Centre breather for now

Move may help check spurt in imports from UAE under CEPA

Customs duty cut on silver likely to give Centre breather for now
Updated On : 29 Jul 2024 | 11:21 PM IST

Gold tumbles Rs 950, silver dips Rs 4,500 on weak demand from jewellers

Last week, Finance Minister Nirmala Sitharaman in the Budget announced a customs duty cut from 15 per cent to 6 per cent, weighing on the domestic front

Gold tumbles Rs 950, silver dips Rs 4,500 on weak demand from jewellers
Updated On : 29 Jul 2024 | 8:41 PM IST

Why is China turning its back to gold jewellery? Chris Wood explains

In dollar terms, gold prices hit $2,331/oz at the end of H1-CY24, according to WGC data, rising 12.1 per cent during this period

Why is China turning its back to gold jewellery? Chris Wood explains
Updated On : 29 Jul 2024 | 9:56 AM IST

Gold price slips Rs 10 to Rs 69,810, silver declines Rs 100 to Rs 84,400

The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,990

Gold price slips Rs 10 to Rs 69,810, silver declines Rs 100 to Rs 84,400
Updated On : 29 Jul 2024 | 9:16 AM IST

Gold price slips Rs 10 to Rs 68,990, silver declines Rs 100 to Rs 84,400

The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,240

Gold price slips Rs 10 to Rs 68,990, silver declines Rs 100 to Rs 84,400
Updated On : 29 Jul 2024 | 8:08 AM IST

Gold price slips Rs 10 to Rs 68,720, silver declines Rs 100 to Rs 88,400

The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 62,990

Gold price slips Rs 10 to Rs 68,720, silver declines Rs 100 to Rs 88,400
Updated On : 27 Jul 2024 | 7:47 AM IST

Gold industry seeks One Nation, One Rate policy, beginning from East India

All stakeholders have shown interest in the idea of a unified gold rate across the country, said Samar Kr De, President of the Swarna Silpa Bachao Committee

Gold industry seeks One Nation, One Rate policy, beginning from East India
Updated On : 26 Jul 2024 | 9:53 AM IST

Crude oil strategy for Budget 2024 day: WTI eyes breakout, next target: $82

Budget 2024-25: How to trade WTI crude oil today? Find out strategy, key levels here

Crude oil strategy for Budget 2024 day: WTI eyes breakout, next target: $82
Updated On : 25 Jul 2024 | 11:13 AM IST

Gold price slips Rs 10 to Rs 70,850, silver declines Rs 100 to Rs 87,400

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 64,940

Gold price slips Rs 10 to Rs 70,850, silver declines Rs 100 to Rs 87,400
Updated On : 25 Jul 2024 | 8:00 AM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 70,850

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 64,940

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 70,850
Updated On : 24 Jul 2024 | 7:53 AM IST

Oil price continues to drop amidst growing ceasefire hope, demand concerns

War in Gaza has lent support to oil prices as investors priced in the risk of potential disruptions to global crude supply in the key producing region of the Middle East, but peace now seems close

Oil price continues to drop amidst growing ceasefire hope, demand concerns
Updated On : 23 Jul 2024 | 8:37 PM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,840

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,690

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,840
Updated On : 23 Jul 2024 | 8:48 AM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,960

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,790

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,960
Updated On : 22 Jul 2024 | 7:48 AM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 74,340

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 68,140

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 74,340
Updated On : 20 Jul 2024 | 7:50 AM IST

Gold prices decline from all-time peak on profit taking, firmer dollar

Spot gold was down 1.9% at $2,399.13 per ounce by 1709 GMT. Bullion hit an all-time high of $2,483.60 on Wednesday

Gold prices decline from all-time peak on profit taking, firmer dollar
Updated On : 19 Jul 2024 | 11:25 PM IST

Russia cuts crude oil exports to keep more barrels at home for refiners

The country's seaborne crude shipments have slumped to the lowest since January, and are likely to remain near that level through to the end of August

Russia cuts crude oil exports to keep more barrels at home for refiners
Updated On : 19 Jul 2024 | 6:25 PM IST

Gold price slips Rs 10 to Rs 74,830, silver declines Rs 100 to Rs 94,600

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 68,590

Gold price slips Rs 10 to Rs 74,830, silver declines Rs 100 to Rs 94,600
Updated On : 19 Jul 2024 | 8:18 AM IST

Gold price climbs Rs 10 to Rs 75,010, silver grows Rs 100 to Rs 96,100

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,760

Gold price climbs Rs 10 to Rs 75,010, silver grows Rs 100 to Rs 96,100
Updated On : 18 Jul 2024 | 7:19 AM IST