Commodities News

Gold prices bounces back on MCX, August contract up 0.5%  

13 Jun 2013, 1.50 pm  |  Source: Moneycontrol.com

MCX GOLD October contract was trading at Rs 28277 up Rs 130, or 0.46 percent. The GOLD rate touched an intraday high of Rs 28370 and an intraday low o...

Crude oil drops after World Bank cuts China growth outlook  

13 Jun 2013, 1.36 pm  |  Source: Investing.com

Crude oil drops after World Bank cuts China growth outlook...

Stronger rupee can limit upside in gold prices: Emkay  

13 Jun 2013, 1.01 pm  |  Source: Moneycontrol.com

Emkay Commodity Research has come out with its report on precious metals and energy. According to the research firm, Gold in India is expected to move...

Gold lower in rangebound trade amid Fed uncertainty, weak dollar  

13 Jun 2013, 12.57 pm  |  Source: Investing.com

Gold lower in rangebound trade amid Fed uncertainty, weak dollar...

Gold market under constant pressure: Angel  

13 Jun 2013, 11.24 am  |  Source: Moneycontrol.com

According to Angel Commodities, in the current context, gold's movement in the Indian markets is expected to be largely driven by the Rupee movement. ...

Buy MCX Gold August fut on dips, advises Fortune Financial  

13 Jun 2013, 11.18 am  |  Source: Moneycontrol.com

Fortune Financial Services has come out with its technical report on bullion. According to the research firm, MCX Gold Aug futures contract trend is l...

Gold falls as traders remain skittish  

13 Jun 2013, 6.13 am  |  Source: Investing.com

Gold falls as traders remain skittish...

Gold extends losses as stock markets rebound  

12 Jun 2013, 9.08 pm  |  Source: Reuters

A firmer tone to US data and recent comments from some Federal Reserve officials have led traders to speculate that the central bank may be set to tap...

Govt to track use of unaccounted funds for gold imports  

12 Jun 2013, 7.13 pm  |  Source: CNBC-TV18

The government has taken a lot of steps to curb the surge in gold imports. The latest, reports CNBC-TV18, is a plan to crackdown on the use of unaccou...

Precious, base metals, crude may trade on positive: Angel  

12 Jun 2013, 6.42 pm  |  Source: Moneycontrol.com

Angel Commodities has come out with its report on international commodities. According to the research firm, in the evening session, precious metals, ...

Buy MCX Gold August; target Rs 28000: Geojit Comtrade  

12 Jun 2013, 6.02 pm  |  Source: Moneycontrol.com

Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can buy MCX Gold August contract around Rs 2770...

SILVERM prices slip on MCX, June contract dips 0.4%  

12 Jun 2013, 4.30 pm  |  Source: Moneycontrol.com

MCX SILVERM August contract was trading at Rs 44090 down Rs 184, or 0.42 percent. The SILVERM rate touched an intraday high of Rs 44280 and an intrada...

GOLDM prices decline 0.65% on MCX  

12 Jun 2013, 4.30 pm  |  Source: Moneycontrol.com

MCX GOLDM August contract was trading at Rs 27714 down Rs 185, or 0.66 percent. The GOLDM rate touched an intraday high of Rs 27865 and an intraday lo...

Gold futures ease from two-month high  

12 Jun 2013, 3.41 pm  |  Source: Reuters

The rupee was stronger tracking gains in most other Asian currencies. The rupee plays an important role in determining the landed cost of the dollar-q...

Gold steadies near $1,380/oz as stock markets stabilise  

12 Jun 2013, 3.33 pm  |  Source: Reuters

Spot gold was at $1,378.10 an ounce at 0922 GMT, little changed from $1,378.99 late on Tuesday. The precious metal has fallen around half a pe...

Grains mixed ahead of USDA report; Soybeans near 7-month high  

12 Jun 2013, 3.33 pm  |  Source: Investing.com

Grains mixed ahead of USDA report; Soybeans near 7-month high...

Buy Chilli on dips: Geojit Comtrade  

12 Jun 2013, 2.53 pm  |  Source: Moneycontrol.com

Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to sell Maize below Rs 1370, Refined Soy o...

Gold extends losses as China holiday weakens support  

12 Jun 2013, 2.51 pm  |  Source: Reuters

China's gold imports from Hong Kong touched an all-time high in March as buyers scrambled to buy bullion, and the surging appetite caused a supply sho...

Sell crude oil, advises Karvy  

12 Jun 2013, 2.51 pm  |  Source: Moneycontrol.com

Brokerage house Karvy Commodities Broking is bearish on Crude oil and has recommended traders to remain on sell side in the oil, in its research repor...

Expect Chana to trade on mixed note today: Angel  

12 Jun 2013, 2.50 pm  |  Source: Moneycontrol.com

Angel Commodities has come out with its report on agricultural commodities. According to the research firm, Chana may trade on a mixed note today. Hig...

Gold, silver to trade negative on weak global mkts: Angel  

12 Jun 2013, 2.49 pm  |  Source: Moneycontrol.com

Angel Commodities has come out with its report on precious metals. According to the research firm, in today's trade, gold and silver prices are expect...

GOLDGUINEA prices decline marginally on MCX  

12 Jun 2013, 2.46 pm  |  Source: Moneycontrol.com

MCX GOLDGUINEA August contract was trading at Rs 22322 down Rs 49, or 0.22 percent. The GOLDGUINEA rate touched an intraday high of Rs 22357 and an in...

Brent crude falls towards $102 as US oil inventories climb  

12 Jun 2013, 2.41 pm  |  Source: Reuters

Brent crude futures had dropped 60 cents to USD 102.36 a barrel by 0649 GMT, while US oil fell 76 cents to USD 94.62....

SILVERMIC prices flat on MCX, June contract at Rs 43618/kg  

12 Jun 2013, 2.37 pm  |  Source: Moneycontrol.com

MCX SILVERMIC August contract was trading at Rs 44265 down Rs 12, or 0.03 percent. The SILVERMIC rate touched an intraday high of Rs 44345 and an intr...

Silver futures higher, but gains limited amid uncertain stimulus outlook  

12 Jun 2013, 2.06 pm  |  Source: Investing.com

Silver futures higher, but gains limited amid uncertain stimulus outlook...

No further action on gold imports: Economic Affairs Secy  

12 Jun 2013, 12.45 pm  |  Source: Reuters

The government has recently raised import duties on gold to eight percent and the central bank has put curbs on gold financing by banks to put a brake...

Mentha oil remains in demand among bulls  

12 Jun 2013, 12.06 pm  |  Source: Moneycontrol.com

Sharekhan commodity research expects mentha oil remains in demand among bulls. The research firm expects mentha oil to trade positive till Rs 1,037, w...

Silver prices slip on MCX, July contract dips 0.3%  

12 Jun 2013, 11.44 am  |  Source: Moneycontrol.com

MCX SILVER September contract was trading at Rs 44060 down Rs 167, or 0.38 percent. The SILVER rate touched an intraday high of Rs 44304 and an intrad...

Gold prices decline marginally; August contract down 0.4%  

12 Jun 2013, 11.44 am  |  Source: Moneycontrol.com

MCX GOLD October contract was trading at Rs 27999 down Rs 86, or 0.31 percent. The GOLD rate touched an intraday high of Rs 28025 and an intraday low ...

Sell gold & crude: Sushil Finance   

12 Jun 2013, 11.14 am  |  Source: CNBC-TV18

Ashish Shah of Sushil Finance suggests traders to go short on gold at current levels. He also believes that increased inventories and strong supply in...