Commodities News

Taking an aggressive directional call on gold looks difficult at this point of time

Gold has been in a trading range of $1200/ounce-$1400/ounce so far this year. (Reuters)

The real interest rate captures the opportunity cost of holding gold relative to other risk-free ass...

China begins trial production of world's largest amphibious aircraftGold for bitcoin new fad as e-currency count nears 500-mark
According to bitcoin traders, the stabilisation in bitcoin rates is making the case stronger for exchanging them for gold. (Reuters)
Gold for bitcoin new fad as e-currency count nears 500-mark
According to bitcoin traders, the stabilisation in bitcoin rates is making the case stronger for exc...

Smuggling may rise if customs duty on gold not lowered: experts

Industry experts said that the decision of not lowering customs duty may stoke smuggling of gold.

Gold snaps two-day falling trend, up by Rs 250 on global cues

Gold in New York, which normally sets the price trend on the domestic front, rose by one per cent to...

Week: Gold and silver extend losses

Gold in New York, which normally set price trend on the domestic front, fell 0.4 per cent this week.

Gold's decline despite Middle East, Ukraine worries does not augur well for prices

Over all, MCX Gold August future is in consolidation and sustaining above the level of 27850.
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Gold retreats on investors' selling amid reduced offtake
Standard gold (99.5 purity) fell by Rs 180 to finish at Rs 28,425 per 10 grams from Thursday's closi...
Onion output estimated to rise 15% to 19.3 MT in 2013-14
Onion production in the country is estimated to increase by 15 per cent to 19.3 million tonnes (MT) ...
Gold price plunges 3.2 pct to Rs 29,190/10 gm in 2013-14
The average price of gold has eased by 3.2% on an annual basis to Rs 29,190 per 10 gm...
Gold hits two-week high of Rs 28,680 on strong global cues
Gold prices today surged by Rs 480 to hit a two-week high of Rs 28,680 per ten gram...
Silver futures down 0.17% on profit-booking, global cues
Silver prices fell 0.17 per cent to Rs 47,007 per kg in futures trade today amid profit-booking by s...
Gold futures fall 0.15% on profit-booking
Gold futures fell 0.15 per cent to Rs 28,570 per 10 grams today as speculators offloaded positions t...
Gold extends winning streak to 6th week on safe-haven demand
Gold retained sharp overnight gains to trade near a 16-week high on Friday and was poised to post it...
FM reposes faith in agricultural market reforms
A free, fair and efficient primary agricultural market, with adequate infrastructure, will boost pro...
A notable miss to commodity markets in Budget 2014
A year after introducing a transaction tax on non-farm futures and witnessing the worst settlement c...
Despite no Budget sops, gold zooms on buying; silver also up
Silver too surged and closed above the Rs 46,000 per kg level on the back of heavy industrial demand...
Gold, silver prices extend gains on sustained buying, global cues
Gold prices rose further by Rs 75 to Rs 28,200 per 10 grams, extending yesterday's gains
Gold up on weaker dollar; India budget eyed for import duty cut
'India may cut gold import duty at budget'
Gold price up on softer dollar; India Budget eyed for import duty cut
Gold price edged higher for a second straight session on Thursday, helped by a weaker dollar and as ...
Gold import duty may be cut at Budget 2014
India is likely to cut its gold import duty to 6 pct from a record 10 pct in Thursday's Union budget...
Gold, silver rise on fresh buying, global cues
Gold in London, which normally sets price trend on the domestic front, rose by 0.5 per cent to USD 1...
Onion crisis: Shortages after best-ever harvest
PM Narendra Modi is anxious to avoid the political fallout over the cost of the food.
Gold edges up on stray buying support
Standard gold (99.5 purity) up by Rs 20 to settle at Rs 27,850 per 10 grams from Monday's closing le...
Gold price remains weak on sustained selling, global cues; fell by Rs 140 to Rs 28,060
Gold in Singapore fell by 0.2 per cent to USD 1,316.80 an ounce.
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