Page 83 - Commodity News

Inflow in gold ETFs drops 90% in 2022; asset base, investors account grow

Inflow in gold exchange traded funds (ETFs) plunged by 90 per cent to Rs 459 crore in 2022 due to rising prices of yellow metal, increasing interest rate structure coupled with inflationary pressures

Gold, silver prices rise in early trade; yellow metal selling at Rs 52,350

In Mumbai, Kolkata, and Hyderabad, 10 gram of 24-carat and 22-carat gold is selling at Rs 57,110 and Rs 52,350, respectively

Gold prices ease as dollar ticks up, but set for fifth weekly rise

The dollar rose 0.3% against its rivals, making gold more expensive for holders of other currencies

Gold price unchanged in early trade; selling at Rs 56,730 per 10 grams

Silver prices fell Rs 300 from yesterday's close, the precious metal is selling at Rs 71,900 per kg

India likely to keep lid on sugar exports as output dips: Reports

India is not looking at allowing more sugar exports, government and industry officials said on Thursday

Vedanta to sell its foreign zinc assets to Hindustan Zinc for $2.98 bn

Hindustan Zinc's Q3 net profit drops 20% on lower output, prices

India considering measures to cool high wheat prices: Govt official

India has been considering measures to cool domestic wheat prices, which jumped to a record high this week as supplies dwindled, Food Secretary Sanjeev Chopra said on Thursday

Gold, silver prices remain unchanged; yellow metal trades at Rs 56,950

22-carat gold continued trading at yesterday's close of Rs 52,000

Q3 preview: Metal firms' sales likely to flatten, profits may plunge

Earnings may bottom out during Oct-Dec quarter, say analysts

Wheat prices climb amid delay in open-market sales by the Centre

The spike in prices coupled with almost-empty pipelines has renewed calls from flour mill owners for the government to liquidate some part of its wheat inventory

Gold prices reverse course to trade higher as US dollar loses ground

Despite the gains on Wednesday, prices have pulled back from their highest level since April 2022, reached on Monday

Uptrend in Crude oil capped at Rs 6,760; Pivot for Natural Gas at Rs 285

In case Rs 285 holds, Natural Gas futures can potentially rally to Rs 344.

Gold prices remain unchanged at Rs 56,950 per 10 g, silver falls by Rs 600

22-carat gold continued trading at yesterday's close at Rs 52,200

Mineral production goes up by 9.7% in Nov 2022: Indian Bureau of Mines

The country's mineral production rose by 9.7 per cent in November as compared to the year-ago period, the mines ministry said on Tuesday

Sugar mills enter into contract to export 5.5 mn tonne of sweetener

Sugar mills have entered into contracts to export 55 lacs tons of sweetener so far in current marketing year ending September and out of that, according to industry body ISMA

Gold, silver prices rise; yellow metal selling at Rs 56,950 per 10 grams

The price of 22-carat gold rose Rs 190 from yesterday's close to Rs 52,200

Gold prices expected to rise towards record highs above $2,000 an ounce

Higher rates lifted returns on bonds, making non-yielding gold less desirable for financial investors, pushed the dollar to its strongest in 20 yrs, making dollar-priced gold costlier for many buyers

Gold may take a breather around Rs 56,850; Trading range narrows for Silver

The overall bias for Gold remains bullish, with near support seen at Rs 55,900 level. The Bollinger Bands indicate a likely trading range of Rs 2,000-odd points for the MCX Silver March futures.

Gold prices rise by Rs 10; yellow metal selling at Rs 52,000 per 10 grams

Silver price remained unchanged from yesterday's close; the precious metal is selling at Rs 72,750 per kg

Gold, silver prices rise; yellow metal selling at Rs 51,600 per 10 grams

In Mumbai, Kolkata, and Hyderabad, 10 gram of 24-carat and 22-carat gold was selling at Rs 51,600 and Rs 56,290, respectively