Page 535 - Commodity News

Gold futures rise by 0.3% on global cues

Speculators created fresh positions amid a firming trend overseas

Aluminium futures rise on spot demand

Increased domestic demand from consuming industries at domestic spot market helped aluminium futures to trade higher

Lead futures up 0.8% on demand surge, global cues

Speculators enlarged their positions, driven by pick-up in spot market demand and gains in base metals overseas

Copper rises by 0.1% on global cues

Speculators enlarged positions after the base metal rose in overseas markets on declining stockpiles

Oil prices slip in Asian trade

The decline unwound sharp gains in the previous session that was fuelled by hopes that a global supply glut could end soon

Tepid response to Goa ore auction

Doubtful if state govt's aim of clearing the inventory before re-commencement of excavation by the end of monsoon is possible

Oil rises for second day as US crude stocks signal glut might ease

Pig iron makers see bearish market ahead

Low demand, higher supply is putting pressure on the prices, say industry officials

Silver up 0.4% on global cues

Metal for delivery in July traded higher by 0.33%

Mentha oil down 1.2% on profit-booking

Commodity prices for May delivery drifted by 1.11%

Aluminium up by 0.5% on spot demand

Speculators enlarged positions amid pick-up in demand at spot markets

Cardamom falls by 0.8% on profit booking

Adequate stocks in the physical market due to higher supplies from producing belts

Crude palm oil rises by 1.7% driven by spot demand

Speculators enlarged positions on rising spot demand

Copper rises by 0.4% on global cues

Speculators created fresh positions in tandem with a firming global trend

Oil prices gain on upbeat US stockpiles report

A decline in US petroleum stockpiles and production boosted hopes of an easing in the global supply glut

Nickel recovers 0.5% on global cues

Speculators create fresh positions as higher offtake by alloy makers supports upside

Poor infra and absence of amnesty poses challenge for gold monetisation scheme

It will be difficult to collate smaller lots of gold to convert it in to a lendable quantity

Commexes' turnover rises 17% in April

According to FMC data, the turnover from energy items such as crude oil increased 52 per cent to Rs 1.6 lakh-crore in April from Rs 1 lakh-crore a year ago

Oil halts 5-day slump as US crude supply glut seen easing

Oil's recovery from a six-year low in March has faltered near $60 a barrel amid speculation that rising prices will encourage production

Switzerland lifts ban on mango imports from India

Move could pave way for more exports to other European countries