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  • Gold, Silver Recover on Scattered Buying

    Gold, Silver Recover on Scattered Buying

    Silver followed suit and gained Rs 100 to Rs 36,250 per kg on scattered enquiries from industrial units.

  • Diesel Prices Likely to be Cut Further

    Diesel Prices Likely to be Cut Further

    The government no longer has a role in determining fuel prices, and oil companies have the freedom to revise prices according to international rates

  • Price Performance of Commodities StocksOther Stories
  • Petrol Price Cut by Rs 2.41 Per Litre, Diesel by Rs 2.25

    Petrol Price Cut by Rs 2.41 Per Litre, Diesel by Rs 2.25

    Diesel prices were deregulated earlier this month. On October 18 - the day the announcement was made - diesel prices were cut by Rs 3.37 per litre. It was the first reduction in diesel prices in over five years.

  • Gold Prices Plunge by Rs 600 to Lowest Since 2010

    Gold Prices Plunge by Rs 600 to Lowest Since 2010

    Gold prices plunged by Rs 600 to Rs 26,500 per 10 grams in the national capital on Friday after the precious metal slumped to the lowest level since 2010 in global markets as a strengthening dollar eroded demand for the commodity.

  • Silver Futures Hit 4-Year Low on Global Cues

    Silver Futures Hit 4-Year Low on Global Cues

    At 11:41 a.m., the actively traded December contract on Multi Commodity Exchange was down 1.83 per cent at Rs 35,903 per kilogram, after falling to Rs 35,866 earlier in the day, the lowest level since October 29, 2010.

  • Gold Imports Likely to Drop Sharply to 50-60 Tonnes in October

    Gold Imports Likely to Drop Sharply to 50-60 Tonnes in October

    India, the second biggest consumer of the yellow metal globally, imported 95 tonnes of gold in September ahead of festivals like 'Akshaya Tritiya' and Diwali, which see huge rush of consumers at jewellery outlets across the country.

  • Gold Prices Plunge by Rs 400 on Global Cues

    Gold Prices Plunge by Rs 400 on Global Cues

    Traders said sentiments turned bearish after gold fell to three-week low in global markets as a stronger dollar curbed demand after the Federal Reserve ended its asset-purchase programme because of an improving labour market.

  • Gold Near 3-Week Low After Fed Optimism Over US Economy

    Gold Near 3-Week Low After Fed Optimism Over US Economy

    Gold, often seen as an alternative investment during economic and financial uncertainty, fell on fears the vote of confidence in the recovery could prompt the Fed to raise interest rates soon. Bullion, as a non-interest-bearing asset, could take a hit when higher rates are in place.

  • After NSEL Scam, Government Withdraws Waiver Given to Spot Bourses

    After NSEL Scam, Government Withdraws Waiver Given to Spot Bourses

    Wiser after the Rs 5,600-crore scam at National Spot Exchange Ltd (NSEL), the government on Wednesday withdrew exemption granted to all spot commodity bourses for launching one-day forward contracts in agri and non-agri items with immediate effect.

  • No Need to Panic at Oil Price Drop: OPEC

    No Need to Panic at Oil Price Drop: OPEC

    There is no need to panic at the recent drop in oil prices, the secretary general of OPEC said on Wednesday, saying low prices would curb competing supplies and require the group to pump far more by the end of the decade.

  • Oil Rises to $87 a Barrel Ahead of Fed Statement

    Oil Rises to $87 a Barrel Ahead of Fed Statement

    Brent crude oil rose to $87 per barrel on Wednesday as traders anticipated that the Federal Reserve would keep US interest rates low, putting pressure on the dollar.

  • Gold, Silver Gain on Wedding Season Demand, Global Cues

    Gold, Silver Gain on Wedding Season Demand, Global Cues

    Traders said increased buying by jewellers, driven by wedding season demand and a better trend in global markets ahead of the outcome of the US Federal Reserve's monetary policy meeting, mainly kept precious metals higher.

  • Gold Holds Near $1,230, Fed Eyed

    Gold Holds Near $1,230, Fed Eyed

    The Fed wraps up its two-day policy meeting later on Wednesday at which it is expected to end its bond purchases amid signs of strength in the US economy.

  • Oil Rises After 2-Day Loss; US Inventories Seen Up Again

    Oil Rises After 2-Day Loss; US Inventories Seen Up Again

    Crude oil prices edged higher on Tuesday, with Brent hovering near $86 a barrel after two straight days of losses, as a weaker dollar helped prop up most commodities.

  • Government Appoints Panel to Assess Coal Blocks Compensation: Report

    Government Appoints Panel to Assess Coal Blocks Compensation: Report

    Days after promulgating an Ordinance to e-auction the coal blocks cancelled by the Supreme Court, the government has formed a committee headed by former Central Vigilance Commissioner Pratyush Sinha to assess compensation to be paid for taking over running or ready-to-produce mines.

  • Government Keen to Diversify Oil Imports, Buy Crude From US: Petroleum Minister

    Government Keen to Diversify Oil Imports, Buy Crude From US: Petroleum Minister

    Hit by uncertainty over oil supplies from West Asia, the government is keen to diversify imports and wants to buy crude from the US, Oil Minister Dharmendra Pradhan has said.

  • Gold, Silver Recover on Buying at Lower Levels

    Gold, Silver Recover on Buying at Lower Levels

    Traders said emergence of buying at prevailing lower levels by jewellers and retailers mainly supported the upside in prices of precious metals.

  • Gold Recovers From Two-week Low, All Eyes on Fed Meet

    Gold Recovers From Two-week Low, All Eyes on Fed Meet

    The Fed is likely to announce the end of its massive bond-buying stimulus when it wraps up the two-day meeting on Wednesday. Investors will be scrutinising the Fed's statement for signals about a rate increase and its view on the global economy.

  • Brent Falls Towards $85 Amid Supply glut, Lower Price Forecasts

    Brent Falls Towards $85 Amid Supply glut, Lower Price Forecasts

    Citing rising production and insufficient demand, Goldman Sachs on Sunday cut its forecast for Brent to $85 a barrel from $100 for the first quarter of 2015 and reduced its projection for US crude to $75 from $90.

  • Gold Recovers From Two-week Low; All Eyes on Fed Meet

    Gold Recovers From Two-week Low; All Eyes on Fed Meet

    The Fed is likely to announce the end of its massive bond-buying stimulus when it wraps up the two-day meeting on Wednesday. Investors will be scrutinising the Fed's statement for signals about a rate increase and its view on the global economy.

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