Spot gold was down 0.3% at $3,027.90 an ounce as of 0331 GMT, after dropping over 1% earlier in the session to its lowest since March 13
The initial reaction of metal stocks to Trump's 26 percent tariff was one of relief but it soon turned to despair
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.6 million acres (1 acre = 0.4 hectares) as of Wednesday, up 13.2% on year from 6.7 million acres sown in the same period last year, according to a report released by the state agriculture department.
Commodities were hit hard, with copper and crude oil falling more than 5 percent on Friday alone, and closing the week over 10 percent lower.
Nations around the world have readied retaliation after Trump raised tariff barriers to their highest in more than a century, leading to a plunge in world financial markets.
Fuelling the oil sell-off was a decision by the Organization of the Petroleum Exporting Countries and its allies, known collectively as OPEC+, to advance plans for output increase
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.6 million acres (1 acre = 0.4 hectares) as of Wednesday, up 13.2% on year from 6.7 million acres sown in the same period last year, according to a report released by the state agriculture department.
India’s gems and jewellery industry is bracing for impact and so is the agriculture sector in the near-term, with the possibility of re-routing.
Traders and analysts now expect more price volatility in the near term, given the tariffs may change as countries try to negotiate lower rates or impose retaliatory levies.
According to Geojit Financial Services, The sowing of summer crops in Gujarat fell 1.2% on year to 986,388 hectares as of Tuesday from 998,436 hectares sown in the corresponding period last year, according to a report released by the state agriculture department.
As inflation and market volatility challenge global economies, gold offers stability and a hedge, making it an ideal option for long-term wealth preservation
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.5 million acres (1 acre = 0.4 hectares) as of Wednesday, up 12.7% from 6.7 million acres sown in the same period last year, according to a report released by the state agriculture department.
Spot gold was up 0.3% at $3,132.53 per ounce as of 10:08 a.m. ET (1408 GMT), after hitting an all-time high of $3,148.88 earlier in the day
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.5 million acres (1 acre = 0.4 hectares) as of Wednesday, up 12.7% from 6.7 million acres sown in the same period last year, according to a report released by the state agriculture department.
In FY25, gold prices have increased by Rs 23,730 or 35 per cent from Rs 68,420 per 10 grams on April 1 last year.
She added that the barometer of better logistics is the fact that coal imports by domestic power plants have gone down by 30 percent.
Spot gold climbed 0.6% to $3,073.79 an ounce, as of 0230 GMT, after hitting an all-time high of $3,077.44 earlier in the session. Bullion is up 1.7% so far this week
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.5 million acres (1 acre = 0.4 hectares) as of Wednesday, up 12.7% from 6.7 million acres sown in the same period last year, according to a report released by the state agriculture department.
Under round 12, a total of 25 coal mines are being offered, comprising 7 mines under Coal Mines (Special Provisions) Act, 2015 and 18 mines under Mines and Minerals (Development and Regulation) Act, 1957.
Copper prices have already zoomed in 2025, more so in the US. Will there be more pain in store?
According to Geojit Financial Services, The Securities and Exchange Board of India has extended the suspension of derivatives trade in wheat, chana, moong, paddy (non-basmati), mustard seeds and its derivatives, soya bean, and crude palm oil by another year, till Mar. 31, 2026, the regulator said in a release on Monday. In 2021, the government had imposed a ban on derivatives trading in the seven commodities for a year to check rising prices.
The report also calls for updating AC test procedures to better reflect India's humid climate, where comfort depends not just on cooling but on moisture removal.
According to Geojit Financial Services, The Securities and Exchange Board of India has extended the suspension of derivatives trade in wheat, chana, moong, paddy (non-basmati), mustard seeds and its derivatives, soya bean, and crude palm oil by another year, till Mar. 31, 2026, the regulator said in a release on Monday. In 2021, the government had imposed a ban on derivatives trading in the seven commodities for a year to check rising prices.
According to Geojit Financial Services, The National Agricultural Cooperative Marketing Federation procured 864.7 tonnes of mustard as of Thursday, or 0.06% of the total 1.5 million tonnes it aims to buy during the 2024-25 (Jul-Jun) rabi season under the price support scheme.
If the rush to sell continues, it could ultimately lead to lower imports into major markets, potentially tempering gold's rally, retailers and industry experts said
