Commodities News

Gold, silver extend gains on sustained festive buying

Bullion traders said sustained buying by jewellery fabricators and retailers to meet the festive season demand mainly kept precious metal prices higher. (Reuters)

Gold rose further by Rs 40 to Rs 27,340 per 10 grams in the national capital today...

Gold firms up on better offtake, festivitiesGold turns weak on fall in demand, price falls by Rs 320 to Rs 27,230 in Delhi
Rice procurement may fall as Andhra deals with lower levy
The government's rice procurement is likely to take a 2-3 million tonne...

Ebola outbreak in Africa to aid kokum oil exports

The outbreak of the Ebola epidemic in Africa is seen taking its...

For govt, industry to think, do we need steel import at this cost?

Growing imports always indicate rising domestic appetite for a commodity.

Gold firms up on better offtake, festivities

Gold prices firmed up at the domestic bullion market...

Gold, silver recover on festive season demand

Gold prices recovered by Rs 70 to Rs 27,300 per ten grams in the national capital today...
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Gold futures down on weak global cues
Gold prices fell 0.17 per cent to Rs 26,615 per 10 gram in futures trade today...
Kerala urges PM Narendra Modi for import curbs as rubber price falls
"In the interests of rubber farmers, the government should raise import tariffs on natural rubber. T...
Basmati exports to fall as Iran raises import duty to 45%
In April-July 2014, Basmati rice exports have declined 12% to 1.19 million tonne, mainly due to slow...
CCEA may review sugar subsidy scheme next week
The food ministry has already circulated a note for the Cabinet Committee On Economic Affairs (CCEA)...
Gold price hits 3-1/2 month low on heavy selling, silver also slips
Gold prices took severe beating and plummeted to nearly three-and-a-half-month low ...
Gold futures weaken on global cues
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 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
Global commodity prices fluctuate in intraday trade
Brent crude inched up above $99/barrel, aided by reports that the OPEC could consider a cut in outpu...
Gold slides to three-month low ahead of Fed announcement
Gold prices drifted further to hit a fresh three-month low at the domestic...
Projection of steel demand on GDP elasticity needs to be moderated
Last week we discussed that not only GDP growth but GDP composition impacts steel consumption as wel...
Gold, silver up on increased buying, firm global cues
Gold prices rose further by Rs 10 to Rs 27,460 per 10 grams in the national...
KPMG to do forensic audit of UCX; submit report in 6 weeks: FMC
Commodity markets regulator FMC today said auditing firm KPMG...
For this week, technically gold is looking weak on charts: Vivek Gupta
MCX Gold witnessed bearish movement for the entire last week with the overall loss...
Gold futures marginally up on global cues
Gold futures traded a shade higher at Rs 27,030 per ten gram today...
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