Page 99 - Commodity News
Rate hike rush pushes gold to longest monthly losing streak in 4 years
Gold slipped on Wednesday and was on track for its longest run of monthly losses since 2018, pressured by aggressive rate hikes by major central banks across the world
 "Rate hike rush pushes gold to longest monthly losing streak in 4 years")
Gold falls by Rs 110 to trade at Rs 51,540; silver unchanged at Rs 54,000
Ten gram of 22-carat gold is trading at Rs 47,250 after an increase of Rs 100
 "Gold falls by Rs 110 to trade at Rs 51,540; silver unchanged at Rs 54,000")
Copper prices slide after Fed's growth warning triggers sell-off
Benchmark copper on the London Metal Exchange (LME) was down 3.5% at $7,875 a tonne by 1603 GMT, having touched its lowest since Aug. 8 at $7,846.
 "Copper prices slide after Fed's growth warning triggers sell-off")
Aluminium prices may go up over medium term, says Crisil Research
The price of aluminium is likely to go up in the medium term due to factors like surge in demand, Crisil Research on Tuesday said
 "Aluminium prices may go up over medium term, says Crisil Research")
Gold falls Rs 170 per 10 gm; silver down by Rs 800, trading at Rs 54,000
Gold and silver prices fell in early trade with 10 gram of yellow metal (24-carat) trading at Rs 51,430 after a decline of Rs 170
Near-term outlook bleak: Enter silver with a horizon of at least 2-3 years
Industrial recovery, higher demand from new age technologies could propel a turnaround
 "Near-term outlook bleak: Enter silver with a horizon of at least 2-3 years")
Gold, silver rates unchanged in early trade; yellow metal at Rs 51,600
Gold and silver prices remained unchanged in Monday's early trade with ten gram of the yellow metal (24-carat) trading at Rs 51,600
High cotton prices to spoil apparel stocks' outlook in near-term: Analysts
At the bourses, shares of textile stocks like KPR Mills, Welspun India, and Vardhman Textiles have tumbled up to 45 per cent so far this year.
 "High cotton prices to spoil apparel stocks' outlook in near-term: Analysts")
Gold price rises by Rs 160/10 gm in early trade; silver remains unchanged
Ten gram of 22-carat gold is trading at Rs 47,650 on Saturday after an increase of Rs 150
 "Gold price rises by Rs 160/10 gm in early trade; silver remains unchanged")
Oil prices dip after US Fed chair Powell warns of economic pain ahead
Brent crude futures fell 1 cent to $99.33 a barrel by 1:13 p.m. EDT (1713 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 33 cents to $92.19 a barrel.
 "Oil prices dip after US Fed chair Powell warns of economic pain ahead")
Brent crude anchored above $100 a barrel, heading for weekly gain
Brent crude futures climbed $1.53, or 1.54%, to $100.87 a barrel by 1051 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.20 cents, or 1.3%, to $93.72.
Gold price rises by Rs 270/10 gm; silver up by Rs 400/kg in early trade
Ten gram of 22-carat gold was trading at Rs 47,500 on Friday after an increase of Rs 250
Fuel price: What is windfall gain tax and how it affects fuel prices?
What is windfall gain tax? How does it impact petrol-diesel prices? Which countries impose it? Read this detailed article to know everything about fuel and its relation to windfall gain tax
 "Fuel price: What is windfall gain tax and how it affects fuel prices?")
Edible oil makers to remove packing temp details to curb unfair practices
The government on Thursday directed edible oil makers, packers and importers to mention net quantity in terms of volume and weight on the labels instead of temperature at the time of packing
 "Edible oil makers to remove packing temp details to curb unfair practices")
Gold inches higher as dollar softens ahead of Jerome Powell's speech
Gold prices edged higher as the dollar slipped, while investors looked forward to a speech by U.S. Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for clues on interest rate hikes
Gold, silver rates rise in early trade; yellow metal at 51,550 per 10 gm
Gold became dearer by Rs 320 per 10 gram in Thursday's early trade as the yellow metal (24-carat) is trading at Rs 51,550
 "Gold, silver rates rise in early trade; yellow metal at 51,550 per 10 gm")
Gold down by Rs 700, trading at Rs 51,230; silver falls by Rs 300 per kg
Gold prices fell by Rs 700 per 10 gram in today's early trade as the yellow metal (24-carat) is trading at Rs 51,230
Gold range-bound as investors wait for Fed chair's speech at Jackson Hole
Spot gold rose 0.2% to $1,751.16 per ounce by 0854 GMT, trading in a $9 range. It advanced 0.7% in the previous session. U.S. gold futures rose 0.1% to $1,763.60.
Brent oil climbs above $100 a barrel amid talk about OPEC output cuts
Brent for October settlement reached a three-week high, trading up $1.30, or 1.3%, at $101.52 a barrel by 0850 GMT. U.S. crude was up $1.18, or 1.3%, at $94.92 a barrel.
 "Brent oil climbs above $100 a barrel amid talk about OPEC output cuts")
Oil prices climb $1 a barrel as tight supply moves back into focus
The Saudi energy minister said OPEC+ had the means to deal with challenges including cutting production, state news agency SPA said on Monday, citing comments Abdulaziz bin Salman made to Bloomberg
 "Oil prices climb $1 a barrel as tight supply moves back into focus")