Page 98 - Commodity News

Gold rates unchanged; silver down by Rs 5,400 per kg in today's early trade

Gold prices remained unchanged in early trade with 10 gram of the yellow metal (24-carat) trading at Rs 51,000

India's broken rice exports had gained over 90% in FY22, shows data

China is the biggest recipient of India's broken rice exports

Gold, silver prices rise; silver jumps Rs 1,400, selling at Rs 54,200/kg

Ten grams of 22-carat gold is trading at Rs 46,650 today after rising Rs 250

Aluminium, copper prices climb on worries about supply amid stoppages

Benchmark aluminium on the London Metal Exchange was up 1.6% to $2,271 a tonne, while copper was 2.5% higher at $7,811 by 1600 GMT

Explained: How have India's crude import sources changed over time?

The top three countries have changed significantly before and after the military action in Ukraine

Gold prices rise Rs 40 per 10 grams to reach Rs 50,546 in futures trade

Fresh positions built up by participants led to the rise in gold prices, analysts said

Gold, silver prices decline in early trade, silver selling at Rs 52,800/kg

The price of silver dipped Rs 1,100 per kg with the metal trading at Rs 52,800

Oil falls to 7-month low on renewed demand fears, rate hike expectations

Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of interest rate hikes spurred worries

Oil prices fall on renewed demand concerns, interest rate hike expectations

Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth

Bias negative for MCX Crude Oil; Natural Gas may slide below Rs 500-mark

The bias for MCX Crude Oil September futures is likely to favour the bears as long as the commodity trades below Rs 7,170; For MCX Natural Gas futures the key support range of Rs 630 - Rs 620.

Gold up by Rs 160; silver rises Rs 680/kg today, trading at Rs 53,900

Gold and silver rates rose in today's early trade with 10 gram of yellow metal (24-carat) trading at Rs 51,160

Gold pares gains as US dollar strengthens, rate-hike fear dominates mood

Spot gold was up 0.1% at $1,712.09 per ounce as of 1018 GMT. Prices hit a one-week high, rising nearly 1%, earlier in the session

Gold, silver rates rise today; yellow metal selling at Rs 51,000 per 10 gm

In Mumbai and Kolkata, 24-carat gold is selling at Rs 51,000 per 10 gram

Gold being imported under disguise of platinum to gain from lower duty

This issue of importing gold disguised as platinum has come to light in the past few weeks, said a source in the know

Opec+ to cut crude oil output by 100k barrels per day from October

In a step that may increase prices in India, the group has decided to reduce output quotas for October, after a fall in global oil demand outlook.

Oil jumps $3 as OPEC-plus plans to cut oil output targets by 100,000 bpd

Oil prices have fallen in the past three months from multi-year highs hit in March, pressured by concerns that interest rate increases and Covid curbs in parts of China could dent oil demand

Gold, silver rates unchanged today; yellow metal selling at Rs 50,890/10 gm

In Mumbai and Kolkata, 24-carat gold is selling at Rs 50,890 per 10 gram

Upside for MCX Gold seems capped near Rs 51,100; Silver may pullback

The MCX Gold October futures were seen testing support around the 200-DMA; while select momentum oscillators indicate a likely pullback for Silver futures.

Gold drops below $1,700 against stronger dollar, interest rate hike bets

Gold prices fell below the key $1,700 level on Thursday for the first time since July, as a rising dollar and expectations for aggressive interest rate hikes eroded its appeal

Gold down by Rs 270 today; silver falls Rs 3,200/kg, selling at Rs 50,800

Ten gram of 24-carat gold is trading at Rs 51,270 today