Thomson Reuters | Last Updated: July 01, 2016 12:45 (IST)
Gold rose on Friday and was headed for its fifth straight weekly gain, boosted by a weaker dollar as the safe-haven asset continued to be in demand despite an increase in risk appetite post the Brexit vote.
Thomson Reuters | Last Updated: July 01, 2016 07:50 (IST)
Traders said the higher prices were a result of a tightening physical market, in which large oversupply that led to the 2014-2016 price slump was now being brought back into balance.
Thomson Reuters | Last Updated: June 30, 2016 19:05 (IST)
OPEC's oil output has risen in June to its highest in recent history, a Reuters survey found on Thursday, as Nigeria's oil industry partially recovers from militant attacks and Iran and Gulf members boost supplies.
Press Trust of India | Last Updated: June 30, 2016 15:37 (IST)
Gold surged by Rs 100 to Rs 30,350 per ten grams at the bullion market today on positive global cues amid jewellers' buying at domestic spot market.
Thomson Reuters | Last Updated: June 30, 2016 12:50 (IST)
Brent crude futures were trading at $50.16 per barrel at 0620 GMT, down 45 cents, or 0.9 percent, from their last settlement. U.S. crude was down 43 cents, or 0.84 percent, at $49.45 a barrel.
Press Trust of India | Last Updated: June 30, 2016 10:45 (IST)
The worst seems to be over for the commodities market, provided there are no "negative surprises" from China, Vedanta Resources CEO Tom Albanese said On Wednesday.
Thomson Reuters | Last Updated: June 30, 2016 10:05 (IST)
Gold fell on Thursday after rising as much as 1 percent during the previous session, with safe-haven demand easing as the shock of Britain's decision to leave the European Union began to fade.
Press Trust of India | Last Updated: June 29, 2016 23:46 (IST)
After winning the first ever auction of a gold mine in India in February, Vedanta Ltd on Wednesday said the process of exploration would begin after the monsoon.
Press Trust of India | Last Updated: June 29, 2016 17:35 (IST)
Buoyed by a firming trend overseas and increased buying by coin makers, silver recorded a hefty rise of Rs 800 per kilogram to close at Rs 42,910 per kg at the bullion market on Wednesday.
Thomson Reuters | Last Updated: June 29, 2016 11:11 (IST)
Spot gold was at its highest relative to platinum on record this week as institutional and retail investors have piled into bullion following the shock referendum verdict.
Thomson Reuters | Last Updated: June 29, 2016 07:46 (IST)
Both crude oil benchmarks had climbed on Tuesday after financial markets shook off some of the shock of last week's referendum in Britain in which most voters elected to exit the EU, triggering turmoil across markets and regions.
Thomson Reuters | Last Updated: June 28, 2016 18:21 (IST)
India's wheat stock position is comfortable as the government had 32.64 million tonnes in the central pool at the beginning of June, a government statement said on Tuesday.
Press Trust of India | Last Updated: June 28, 2016 16:35 (IST)
Gold prices slumped by Rs 300 to Rs 30,250 per 10 grams at the bullion market on Tuesday, tracking a weak trend overseas amid muted demand from jewellers at the spot market.
Thomson Reuters | Last Updated: June 28, 2016 13:05 (IST)
Gold fell on Tuesday as investors booked profits, two days after the yellow metal rallied to its highest since March 2014 thanks to safe-haven demand in the wake of Britain's decision to exit the European Union.
Thomson Reuters | Last Updated: June 28, 2016 12:41 (IST)
Oil prices rose on Tuesday as a looming strike in Norway threatened to cut output in western Europe's biggest producer, although Britain's vote to leave the European Union was still weighing on markets.
Thomson Reuters | Last Updated: June 28, 2016 01:02 (IST)
Belarus has agreed to sell potash to India at the lowest price in a decade and about a third less than last year's level as global supplies of the crop nutrient exceed demand.
Thomson Reuters | Last Updated: June 28, 2016 00:53 (IST)
Retail gold investors are booking profit on metal bought to hedge against Thursday's decision by British voters to leave the European Union, while an initial surge in buying slackened off on Monday.
Thomson Reuters | Last Updated: June 27, 2016 19:15 (IST)
Reliance Industries Ltd, owner of the world's biggest refining complex, imported 13.2 per cent less oil in May compared with a year earlier, as it shut a crude unit at its 580,000-barrel-per-day (bpd) refinery for three weeks, according to tanker arrival data from trade sources and ship-tracking services on the Thomson Reuters terminal.