Page 3 - Commodity Exchange
Sebi mandates minimum two yearly PAC meetings for commodity exchanges
Markets regulator Sebi on Thursday directed stock exchanges with commodity segments to ensure their Product Advisory Committees (PACs) meet at least twice a year, or more frequently if necessary. However, in the case of agricultural commodities, the PAC is required to meet at least once annually. Sebi's 'Master Circular for Commodity Derivatives Segment' in August 2023 issued various compliance requirements for stock exchanges and clearing corporations operating in the commodity derivatives segment. As per the Master Circular, each stock exchange is mandated to constitute a Product Advisory Committee for every group or complex of commodities that share common stakeholders or value chain participants, and on which derivatives are either currently traded or proposed to be introduced. Based on representations from market participants and following deliberations by Sebi's Commodity Derivatives Advisory Committee (CDAC), the regulator has revised the meeting frequency guidelines for ...
 "Sebi mandates minimum two yearly PAC meetings for commodity exchanges")
Rupee closes stronger despite headwinds; ends 10 paise higher at 85.80/$
Indian Rupee today: The domestic currency appreciated 10 paise to close at 85.80 against the dollar, after closing at 85.90 on Wednesday, according to Bloomberg
 "Rupee closes stronger despite headwinds; ends 10 paise higher at 85.80/$")
Rupee trades slightly higher amid weak oil prices; opens at 85.87/$
Indian Rupee today: The domestic currency appreciated 3 paise at open to 85.87 against the greenback, after closing at 85.90 on Wednesday
 "Rupee trades slightly higher amid weak oil prices; opens at 85.87/$")
Rupee slump deepens; ends 31 paise lower after breaching 86/$ intraday
Indian Rupee today: The domestic currency closed 31 paise lower at 85.90 against the greenback, after closing at 85.59 on Tuesday
 "Rupee slump deepens; ends 31 paise lower after breaching 86/$ intraday")
Rupee opens lower at 85.39/$ as high crude prices offset weak dollar
Indian Rupee today: The domestic currency opened 13 paise lower at 85.39 against the greenback, after closing at 85.52 on Monday
 "Rupee opens lower at 85.39/$ as high crude prices offset weak dollar")
Rupee snaps two-month rally; reverses early gains to end lower at 85.36/$
Indian Rupee today: The domestic currency ended 6 paise lower at 85.36 against the US dollar, after closing at 85.52 on Thursday
 "Rupee snaps two-month rally; reverses early gains to end lower at 85.36/$")
Rupee slips for third straight day on Trump tariff ruling; ends at 85.52/$
Indian Rupee today: The domestic currency closed 16 paise weaker at 85.52 against the US dollar, after ending at 85.36 on Wednesday
 "Rupee slips for third straight day on Trump tariff ruling; ends at 85.52/$")
Indian Rupee extends decline to second day; ends slightly lower at 85.36/$
Indian Rupee today: The domestic currency ended 2 paise weaker at 85.36 against the US dollar, after ending at 85.34 on Tuesday
Gold prices may correct further; check support levels to buy the dips
Spot gold may test the support zone of $3,250-$3,257 (₹93,700-₹93,950). Downside from current level may be limited though.
 "Gold prices may correct further; check support levels to buy the dips")
Will Silver prices fall more? Check outlook, key levels & trading strategy
Silver rate today: Improvement in risk appetite due to President Trump delaying European tariffs and stabilising bond yields are likely to support Silver prices
 "Will Silver prices fall more? Check outlook, key levels & trading strategy")
Rupee extends fall as dollar revives; opens 29 paise weaker at 85.63/$
Indian Rupee today: The domestic currency opened 29 paise weaker at 85.63 against the US dollar, after ending at 85.34 on Tuesday
 "Rupee extends fall as dollar revives; opens 29 paise weaker at 85.63/$")
Indian Rupee ends at 85.34/$; slips 25 paise on dollar recovery
Indian Rupee today: The domestic currency closed 25 paise weaker at 85.34 against the US dollar, after ending at 85.09 on Monday
Indian Rupee opens higher at 85.59/$ as US fiscal concerns weigh on dollar
Indian Rupee today: The domestic currency began the session 5 paise stronger at 85.59 against the dollar
 "Indian Rupee opens higher at 85.59/$ as US fiscal concerns weigh on dollar")
Indian Rupee ends flat at 85.64/$ as high oil prices offset weak dollar
Indian Rupee today: The domestic currency closed at 85.64, the same level it ended yesterday against the greenback
Geopolitical, economic risks set stage for further gains in silver
With multiple factors, viz geopolitical and economic risks supporting silver, the white metal may extend its gains
 "Geopolitical, economic risks set stage for further gains in silver")
Gold outlook: Weak Dollar, geopolitical risks to fuel further gains
Gold is well supported in a risk-off scenario due to geopolitical and economic issues
 "Gold outlook: Weak Dollar, geopolitical risks to fuel further gains")
Indian Rupee ends higher at 85.40/$ as dollar slips after Moody's downgrade
The domestic currency ended 12 paise higher at 85.40 after closing at 85.52 against the greenback on Friday
 "Indian Rupee ends higher at 85.40/$ as dollar slips after Moody's downgrade")
Silver near-term outlook bearish amid economic and geopolitical risks
The near-term outlook is somewhat bearish unless we see a strong and sustainable recovery in industrial commodities, says Praveen Singh
How to trade Silver today? Analyst suggests strategy, stop-loss & support
Silver is up nearly 17 per cent since its cycle low of around $28.15 made on April 4. Although it is lagging gold, it is up around 14 per cent year-to-date (Y-T-D)
Spot gold is likely to trade between $3,200-$3,400; Check trading strategy
On April 24, spot gold traded between $3,288 and $3,367 as the metal recouped some of its huge loss that occurred due to sell-off on April 22 and 23
 "Spot gold is likely to trade between $3,200-$3,400; Check trading strategy")