Page 14 - Commodities

Gold trading at Rs 53,450 per 10 gm today; silver selling at Rs 67,800 a kg

The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.

Domestic gold spot exchanges face tax hurdle, unlikely to start ops

IBJA has also suggested to the govt to create a notional entity wherein all GST is immediately refunded by the govt to the trader as soon as gold is deposited in the vault

India buys Russian sunflower oil at record price as Ukraine supplies stop

Sunflower oil from Russia could help the world's biggest edible oil importer in easing the shortfall at a time when availability of vegetable oils is stretched

Strategy needed for 300 mt steel output target by 2030: Minister

The production was 120 mt in 2021-22. There is also a need for suitable policy support to increase the production of iron ore production and other raw materials.

What drove India's exports to record $400 billion?

Export of Indian goods crossed the $400 bn mark for the first time, nine days before the current fiscal drew to a close. Which are sectors that drove this growth? And will it sustain? Let's find out

Commodity price rise may affect India's economic recovery, says S&P

Due to the ongoing Russia-Ukraine war, India may face higher expenditure on items that the government subsidises, particularly food and fertiliser, if these markets are upended for an extended period.

Delayed projects decline, but cost overruns rising, shows data

As prices are rising, so are expectations that the government may have to budget more for its infrastructure pipeline.

Nestle India relied more on railways, water routes in 2021: Report

Nestle increased the use of bigger size vehicles from 5.9 per cent in 2019 to 9.8 per cent in 2021 and started using railways, which was not used in 2019. It also introduced four waterways in 2021.

Long-term bets can still pay off in commodity funds, say analysts

Moderate your return expectations after the 18-month bull run

Gold prices steady as dollar dip counters Fed rate hike expectations

(Reuters) - Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate hike.

Wheat stocks in central pool could be lowest in the last three years

Will still be around 160% more than quantity required under buffer norms

Gold prices tumble Rs 200 to Rs 53,033; silver jumps Rs 193

Gold tumbled Rs 200 to Rs 53,033 per 10 grams in the national capital on Friday in line with weak international precious metal prices, according to HDFC Securities.

Oil leads commodities charge as shares tumble due to Ukraine conflict

Brent, the international benchmark, briefly hit more than $139 a barrel, its highest level since 2008.

Brace for more volatility amid geopolitical crisis, election outcome

Benchmark indices saw a sharp selloff last week with Nifty50 sinking in red at 16,245, down by 252 points. And Sensex tanked 768 points to settle at 54,333. This week will be action-packed as well

Ukraine crisis: Commodities the best place to be right now, says Jim Rogers

I suspect sometime in the next few days the market should bottom out and then see a sharp rally, says Rogers

Russia-Ukraine conflict: Why the Black Sea matters to commodity markets

Crude and refined oil products from Russia, Azerbaijan and Kazakhstan pass through export terminals on the sea's eastern edge.

Brace for higher commodity prices as Russia invades Ukraine: Analysts

Key commodities such as crude oil, ammonia, urea, potash, and phosphates could move higher over the next few weeks.

Tensions, fears of war may lead to even more expensive cars, bread

The moves in these key Russian exports have far reaching consequences for US consumer prices

Dollar dips as US Treasury yields stall, commodity currencies gain

The dollar dipped on Thursday as this week's rally in U.S. Treasury yields paused, and commodity-linked currencies such as the Canadian and Australian dollars gained amid rises in commodity prices

A third of commodity-hungry companies have no deforestation policy: Report

Protecting the world's forests is central to efforts to limit man-made global warming by mid-century.