Page 501 - Commodity News
Gold stuck near 5-1/2-year low as Fed rate hike looms
Low gold prices reflected investor hesitation to bid up bullion amid growing expectations of a near-term hike in US interest rates.
 "Gold stuck near 5-1/2-year low as Fed rate hike looms")
Oil prices drop toward four-month lows on glut worries, equities sell-off
Investors are now eyeing weekly data on US inventory levels for further trading cues.
 "Oil prices drop toward four-month lows on glut worries, equities sell-off")
Gold stuck near 5-1/2-year low as Fed hike looms
US gold for August delivery slipped 0.3% to $1,093 an ounce
 "Gold stuck near 5-1/2-year low as Fed hike looms")
Silver imports jump 35% in H1 as gold loses lustre
Demand to remain high with festive season ahead and ongoing price fall
 "Silver imports jump 35% in H1 as gold loses lustre")
New case against Jignesh Shah, NSEL
The move came after the Patiala House courts went through the petition by Integrated Commodity Trades, and its 89 clients and directed further investigation
 "New case against Jignesh Shah, NSEL")
Onion prices rise to Rs 40/kg, govt to import 10,000 tonnes
However, there is no need to panic, sufficient stocks are available in the country, a senior govt official said
 "Onion prices rise to Rs 40/kg, govt to import 10,000 tonnes")
Gold futures regain Rs 25,000 mark on global cues
At the Multi Commodity Exchange, gold for delivery in far-month October surged by 0.85%
 "Gold futures regain Rs 25,000 mark on global cues")
Crude oil down 0.5% on weak Asian cues
Oil for far-month September delivery moved down Rs 15 or 0.48%
 "Crude oil down 0.5% on weak Asian cues")
Lead down 0.2% on subdued spot demand, global cues
The July contract of the metal declined by 15 paise, or 0.14%
 "Lead down 0.2% on subdued spot demand, global cues")
Spot demand lifts cardamom futures; up 0.57%
Spice for delivery in September edged up by Rs 3.10, or 0.40%
 "Spot demand lifts cardamom futures; up 0.57%")
Nickel down 0.5% on global cues, low demand
Metal for delivery in August fell by 0.54%
 "Nickel down 0.5% on global cues, low demand")
Palm oil down 0.7% on profit-booking, shed 0.72%
Oil for delivery in August eased by 0.56%
 "Palm oil down 0.7% on profit-booking, shed 0.72%")
Mentha oil up 1.06% on strong demand
Oil for delivery in August was trading higher by 0.98%
 "Mentha oil up 1.06% on strong demand")
Aluminium down 0.1% on sluggish demand
Metal for delivery in July contracts traded lower by 0.10%
 "Aluminium down 0.1% on sluggish demand")
Zinc down 0.7% on global cues
Metal for delivery in July shed 75 paise, or 0.60%
 "Zinc down 0.7% on global cues")
Copper down 0.2% on global cues
Metal for delivery in far-month November was down 0.20%
 "Copper down 0.2% on global cues")
Oil down in Asia, hurt by Chinese factory slump
A strong dollar and signs of increasing US oil production also added pressure on oil prices
 "Oil down in Asia, hurt by Chinese factory slump")
 "Commodity Picks")