Tuesday, March 27, 2001
fesub.gif (4328 bytes)
Full Story
fe.gif (834 bytes)
India's first e-business paper
flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
 

Bullion firm in kerb trading; oils mixed 

Our Commodities Bureau  
Mumbai, March 26 : Bullion -- The Bombay Bullion market remain officially closed on Monday on account of "Gudi Padva". However, in the kerb trading, the volume was at a low ebb although traders reported scattered retail buying for precious metals in the show-rooms due to festival.

Standard gold in the kerb trading was quoted higher at Rs 4,280/4,290 per 10 kg against official closing of Rs 4,270 recorded on Saturday. Prices of gold biscuit (116.50 gm) were quoted at Rs 50,150 per piece in the kerb trading against previous official closing of Rs 50,000. Silver .999 was quoted firm at Rs 7,325 per kg in the kerb as against previous official closing of Rs 7,310 amidst tight supplies from Gujarat coupled with encouraging global advices. Oil, oilseeds : The Bombay oil and oilseeds (ready and forward) markets remain officially closed on Monday on account of `Gudi padva' festival. In the kerb transactions, ground nut oil ruled quiet at Rs 318/320 per 10 kg for inferior quality while superior oil was placed higher at Rs 325/330 per 10 kg. In Gujarat, on the other hand, groundnut oil slide from Rs 525 to Rs 522 per 15 kg.

Imported palm oil here opened at Rs 239/240 but later on advanced to Rs 243/244 following market talks that Union government may impose anti-dumping duty shortly. However, in the absence of any confirmation, prices slipped thereafter to Rs 241/242 per 10 kg late in the evening.

Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 2001: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.