Commodities News

Gold futures weaken on global cues

Globally, gold lost as much as 0.60 per cent to USD 1,216.30 an ounce in Singapore, the lowest sicne January 2. (AP Photo)

Gold futures fell by 0.64 per cent to Rs 26,729 per 10 grams today.

Gold skids to 8-1/2 month low on U.S. rate hike fearsScheme proposed to unlock idle gold
Any support for gold prices could come from a pick up in physical demand in Asia as a drop towards $1,200 an ounce could potentially attract bargain hunters. (AP)
Gold skids to 8-1/2 month low on U.S. rate hike fears
Gold tumbled to its lowest in 8-1/2 months on Thursday as the dollar index jumped to a four-year pea...

Scheme proposed to unlock idle gold

MMTC-PAMP wants metal accounts that will give customers interest in form of gold

Govt chalks out plan for rabi; aims at 94 mt wheat output

The target for rabi rice output has been kept at 14 million tonne, pulses at 12.5 million tonne & oi...

Continue raw sugar export scheme in 2014-15: ISMA

As much as 2.11 million tonne of sugar has been desptached for exports...

Sugar output likely to rise 5%

Production expected to hit 25-25.50 million tonne in 2014-15
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