Commodities

Gold hovers near 2-week low on strong dollar ahead of US Federal Reserve’s minutes

The dollar hovered near a four-week high supported by higher U.S. yields, which rose overnight after the United States eased trade restrictions on Chinese telecommunications equipment maker Huawei Tec

Gold price, Spot gold, US gold futures, Sino-US friction, SPDR Gold Trust, silver News

Oil slides on rising US crude stockpiles, Saudi Arabia vow to keep market balanced

Official data from the U.S Energy Information Administration's oil stockpiles report is due later on Wednesday.

Oil prices, US crude stockpiles, Saudi Arabia, US crude, United States, OPEC, Iranian oil exports News

Fuel retailers raise petrol, diesel prices on second consecutive day in Delhi, Mumbai, Kolkata, Chennai

The fuel retailers have raised diesel and petrol prices on Tuesday across Delhi, Mumbai, Kolkata and Chennal. While, petrol prices have been increased by 5 paise a litre, diesel prices were increased

No petrol for non-helmet riders from 1st June: Here’s which city is implementing it News

Oil edges higher as Opec+ says to stay the course

United Arab Emirates energy minister Suhail al-Mazrouei earlier told reporters that producers were capable of filling any market gap and that relaxing supply cuts was not the right decision.

Opec data indicates oil inventories in the developed world rose by 3.3 million barrels month-on-month in March, and were 22.8 million barrels above their five-year average. News

Gold eases as dollar steals safe-haven thunder

Spot gold edged 0.1% lower to $1,276.02 per ounce at 0106 GMT.

Gold price, Sino-US trade tensions, dollar, asian shares, financial markets, Donald Trump, IMF, Middle East, Huawei Technologies News

Oil rises on escalating US-Iran tensions; trade war concerns weigh

US President Donald Trump on Monday threatened Iran with "great force" if it attacked U.S. interests in the Middle East.

Oil prices, US-Iran tensions, US trade war, WTI crude futures, OPEC, global oil price, Saudi Arabia, Iraq, Baghdad News

Petrol, diesel prices increase across major cities after elections get over

The fuel retailers have hiked diesel and petrol prices on Monday across Delhi, Mumbai, Kolkata and Chennal. While, petrol prices have been raised by 8-10 paise a litre, diesel prices were increased by

No petrol for non-helmet riders from 1st June: Here’s which city is implementing it News

Gold steadies as trade tensions, Iran worries in focus

Gold steadied on Monday after four days of falls, as a Sino-U.S. trade dispute aggravated by a Huawei ban and U.S. President Donald Trump's latest threat to Tehran fuelled interest in the safe-haven m

U.S. gold futures were 0.2% higher at $1,278 an ounce. News

Oil jumps after OPEC signals intent to continue output cuts

Oil made a strong start to the week after Saudi Arabia and other OPEC producers signaled their intention to keep oil supplies constrained for the rest of the year, while pledging to prevent any genuin

Saudi minister Khalid Al-Falih urged the group to “stay the course” on production cuts at a meeting in Jeddah. (AP Photo) News

In gold we trust: India’s household gold reserves valued at over 40% of GDP

Factoring in the central bank’s reserves (608.8 tonne) and an import duty of 10%, the domestic value of the gold stocks at most of the known sources in the world’s second-largest consumer will be

gold reserves, India household gold reserves, World Gold Council, gold price, gold schemes,  GDP,  Akshaya Tritiya festival  News

Oil prices: OPEC+ job isn’t done as oil inventory rising, says UAE minister

Saudi Arabia, Russia and other oil producers in a global coalition are meeting in Jeddah this weekend to consider whether they’ll need to continue keeping supplies restrained during the second half

opec, oil market, economy, commodity market News

Gold to get cheaper if BJP wins Lok Sabha 2019 election; here is what analysts say

This time too like 2014, the market experts are expecting a strong rupee with the coming back of BJP to power in 2019 which will lead to fall in gold prices for a short term.

loan, gold loan, personal loan, gold loan interest rate, gold loan calculator, gold loan SBI, gold loan ICICI, HDFC, gold loan companies News

Petrol prices decline, diesel becomes dearer; check prices in Delhi, Mumbai, Kolkata, Chennai

The State-run oil marketing companies have cut the petrol prices on Friday, while raised the diesel price on the second consecutive day across Delhi, Mumbai, Kolkata and Chennai.

Commodities News

Gold edges lower as improved risk sentiment dents safe-haven demand

Spot gold was down 0.1% at $1,285.19 per ounce at 0101 GMT.

Gold price, US data, US stock, US gold futures, Huawei Technologies, Huawei Technologies, spot gold prices, gold mining News

Oil extends gains into fourth straight day on Middle East tensions

US West Texas Intermediate (WTI) crude futures were at $63.18 per barrel, up 31 cents, or 0.5%, from their previous settlement. WTI closed up 1.4% in the previous session.

Oil prices, Middle East tensions, Brent crude futures, WTI crude futures, OPEC , Saudi Arabia, iraq News

Curb illegal soyabean, palm oil imports from Nepal, says SOPA

India meets more than 70% of its domestic edible oil demand through imports. The country imports 150-160 lakh tonne of vegetable oils (edible & non-edible) per annum.

Likewise, the duty on refined soyabean oil is Rs 25,195 per tonne. (Representational image) News

Gold prices remain muted as geopolitical factors fail to catalyse demand

Gold prices have largely remained muted for about the last two months, after starting to fall in January this year, despite escalating global tensions, which should have ideally spurred demand.

loan, gold loan, personal loan, gold loan interest rate, gold loan calculator, gold loan SBI, gold loan ICICI, HDFC, gold loan companies News

Centre procures 29 mn tonne of wheat so far this marketing year

The Centre has set the wheat procurement target at 35.7 million tonne for the 2019-20 marketing year (April-March) on hopes of a record 100 million tonne production this year.

Commodities News

Diesel prices rise, petrol remains stable across major cities, diesel selling at 65.91 a litre in Delhi

The state-run oil marketing companies have hiked the diesel prices while keeping the petrol prices unchanged on Thursday across Delhi, Mumbai, Kolkata and Chennal. In Delhi, diesel is selling at Rs 65

Petrol And Diesel Prices, Crude, Petrol, Diesel, क्रूड, पेट्रोल, डीजल, OPEC, IEA, Crude Production, Crude Supply, General Election India News

Gold eases as equities gain after Donald Trump’s plan to delay auto tariffs

Comments from Trump that auto tariffs are to be delayed for six months pushed equity markets higher, which is pressuring gold, said Bob Haberkorn, senior market strategist at RJO Futures.

gold prices eases, donald trump, Spot gold, US China trade talks, United States, iran, global economy, Iraq News

Oil rises on Middle East tensions, shrugs off US crude build

Crude stocks swelled by 5.4 million barrels, surprising analysts who had expected a decrease of 800,000 barrels.

oil prices, Middle East tensions, US crude, Oil futures, WTI crude, brent crude, oil imports News

Natural rubber prices bounce back, growers see green shoots

Disproving doomsayers, price of natural rubber (NR) has caught a bounceback trend that is sending the growers back to rubber sapling replanting turf. Price of premium grade Ribbed Smoked Sheet (RSS-4)

Earlier, due to poor price realisation, small holding farmers had even been abandoning tapping operations on their rubber trees. News

Gold slips off 1-month peak amid optimism on US-China trade concerns

Spot gold was down 0.1% at $1,298.31 per ounce as of 1153 GMT, after hitting $1,303.26 in the session, its highest since April 11.

Gold prices, US china trade, US gold futures, spot gold, China, Saudi Arabia, equity markets, Platinum News

Oil prices jump on drone attack on Saudi Aramco facilities

The Saudi state news agency quoted Energy Minister Khalid al-Falih as saying that Aramco had halted pumping on the East-West pipeline until the damage was evaluated, but that production and exports we

Oil prices, Saudi Aramco, Saudi Arabia, WTI crude futures, Brent crude futures, world global oil supply, global oil consumption, Middle East crude producers, iran US News

Oil price rises as Saudi Arabia reports drone attacks on pump stations

Houthi rebels in neighboring Yemen -- who have long received backing from Iran -- said earlier that they had targeted key Saudi installations with drones.

Commodities News

Petrol, diesel prices cut for sixth consecutive day across major cities, petrol selling at Rs 71.18 in Delhi

The state-run oil marketing companies have slashed the fuel prices across major cities on Tuesday. While the petrol rates have been reduced by 25-26 paise a litre, diesel prices have been cut by 12-13

Petrol And Diesel Prices, Crude, Petrol, Diesel, क्रूड, पेट्रोल, डीजल, OPEC, IEA, Crude Production, Crude Supply, General Election India News

Gold edges lower as Sino-US trade uncertainty dents yuan

The trade war between the world's two leading economies escalated on Friday, with the United States hiking tariffs on $200 billion worth of Chinese goods after Trump said Beijing "broke the deal" by r

Gold prices, Sino-US trade, Spot gold, US gold futures, beijing, donald trump, Palladium, silver price News
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