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Latest Articles in Commodities
Gold Holds Steady As Investors Look To Powell's Speech
Spot gold was flat at $1,932.15 per ounce by 0512 GMT. U.S. gold futures were steady at $1,938.80.
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Gold Declines Marginally By Rs 44, Silver Tanks Rs 206
Silver also declined by Rs 206 to Rs 68,202 per kg from Rs 68,408 per kg.
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Gold Plunges Rs 1,492, Silver Tanks Rs 1,476
Silver also witnessed weak trend as it tanked Rs 1,476 to Rs 67,924 per kg, from Rs 69,400 per kg in the previous day.
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Gold Inches Up On Weaker Dollar
Silver climbed 1% to $27.69 per ounce, and platinum rose 0.9% to $957.73. Palladium fell 1.2% to $2,172.80.
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India's Sugar Production In Dilemma!
Amid speculations of better sugar production from India, regional farmers union are prescribing to abstain farmers to produce sugarcane.
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Sugar Consumption To Be Disturbed As Bans On Celebrations Continue Amid Covid-19
Sugar production in Uttar Pradesh clocked the highest level of 12.2 million tonnes during the period with a rise of 4.7 per cent year-on-year.
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India's October To May Sugar Output Falls 19% - Trade Body
Mills in Maharashtra produced 6 million tonnes of sugar from Oct. 1 to May 15, down from 10.7 million tonnes during the same period a year ago
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Gold Scales Seven-year High On Rising Economic Worries, Fed Stimulus
Spot gold gained 0.4% to $1,721 per ounce by 0243 GMT, having touched its highest since Nov. 2012 at $1,725.10 earlier in the session. U.S. gold futures rose 1.1% to $1,781.20 an ounce.
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Indian White Sugar Exports At Near Standstill As Lockdown Bites
Of the 3.75 million tonnes of sugar export deals agreed to since the start of the season on Oct 1, Indian mills have shipped out 2.86 million tonnes, the All India Sugar Trade Association said.
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Malaysia's Sugar Purchases From India Hit Record Amid Diplomatic Spat - Trade
India, hoping to reduce its vast surplus stocks of sugar, has approved an export subsidy of 10,448 Indian rupees ($142) per tonne of the sweetener for the marketing year that will end on Sept. 30.
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India Reallocates Sugar Exports Quotas To Boost Shipments
India had set export target of 5 million tonnes for 2018/19, but mills managed to export only 3.8 million tonnes despite incentives provided by New Delhi.
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India Sugar Production For 2019-20 Estimate At 26 Million Tonnes, Big Revision Unlikely: ISMA
The trade body has said India's sugar output in 2019/20 could fall 21.6% to 26 million tonnes, the lowest level in three years.
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Gold Prices Gain Rs 52, Silver Jumps Rs 190
Silver prices also jumped Rs 190 to Rs 47,396 per kg from Rs 47,206 per kg in the previous trade.
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Rupee Rises 8 Paise To 71.32 Against US Dollar In Early Trade
Foreign institutional investors (FIIs) remained net buyers in the capital market, as they purchased shares worth Rs 161.93 crore on Friday, according to provisional exchange data.
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Gold Steady As Shares Retreat On Fears Of Virus Impact On Growth
Spot gold was little changed at $1,566.21 per ounce by 0610 GMT, down about 1.6% for the week. U.S. gold futures were unchanged at $1,569.90 per ounce.
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