Page 629 - Commodity News

Cardamom rises 2.84% on spot demand

Speculators create fresh positions on restricted arrivals from producing regions

Nickel rises 0.5% on spot demand

Speculators created fresh positions amid rising demand at domestic spot markets

Lead futures gain 0.2% on spot demand

Speculators enlarged positions amid rise in domestic spot demand

Copper marginally up on global cues

Speculators enlarged positions after base metal strengthened in the global market

Silver futures plunge 1.1% on global cues

Speculators engaged in off-loading positions, affecting prices

Gold futures down 0.4% on global cues

Participants indulged in reducing exposures, largely in tandem with global trend

India's sesame seed output to rise by 126%: SHEFEXIL

Sesame seed production in 2014-15 is expected to be around 0.43 million tonnes

Tea Board to bring small growers under single platform

The new e-auction platform will giver better return for the growers

Gold may decline to Rs 24,500 by Dec if rupee stays constant

MCX gold was at Rs 26,143 per 10 grams on Saturday while in the international market it was at $1,173.30 an ounce

Govt cuts import tariff value on gold, silver

In the national capital, gold prices are ruling at Rs 26,550 per 10 grams, while silver at Rs 36,250 per kg

Traders get bearish on gold

4% weekly price fall triggers stop losses; MCX's gold turnover and open interest rise

South Indian tea growers face crisis as prices fall

Average price prevails below cost of production this year

Gold hits four-year low on signs of US recovery

Drops 2.75% on Friday; price erosion likely to continue in near term

80:20 scheme for gold import set for revamp

Several cases of misuse of the scheme found, need felt to make import transparent

Nickel down 0.3% on global trend, subdued spot demand

Metal for delivery in November traded lower by 0.22%

Zinc up 0.2% on short-covering, spot demand

Metal for delivery this month rose by 0.11%

Palm oil up 0.6% on pick-up in demand

Oil for delivery in October edged up by 0.07%

Copper down 0.2% on weak global cues

Metal for delivery in November shed 0.14%

Silver down 0.6% on weak global trend

Weak trend trend overseas, eroding demand for the precious metals, pulled down silver prices

Lead up 0.2% on spot demand, short-covering

Market analysts said besides better demand in spot market, covering-up of short positions by speculators, supported the upside