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According to Geojit Financial Services, The sowing of summer crops across India progressed to 8.07 million hectares as of Friday, up nearly 12% from 7.21 million hectares a year ago, according to data released by the agriculture ministry Monday.
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 93,001 per 10 gram today.
According to Geojit Financial Services, Sowing of summer crops in Maharashtra rose more than 21% to 510,538 hectares as of Tuesday from 421,706 hectares a year ago, according to a report released by the state agriculture department.
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 93,024 per 10 gram on May 19.
According to Geojit Financial Services, Sowing of summer crops in Maharashtra rose more than 21% to 510,538 hectares as of Tuesday from 421,706 hectares a year ago, according to a report released by the state agriculture department.
Next week, commodity markets will closely monitor key Chinese economic data and flash PMI releases. Speeches from several US Federal Reserve and UK MPC officials will also be watched for policy signals.
'A US-China tariff truce and stable India-Pakistan relations weighed on gold prices,' says Way2Wealth Brokers.
According to Geojit Financial Services, Sowing of summer crops in Maharashtra rose more than 21% to 510,538 hectares as of Tuesday from 421,706 hectares a year ago, according to a report released by the state agriculture department.
Gold prices plunged to five-month lows amid easing geopolitical tensions and trade concerns, reducing safe-haven demand.
According to Geojit Financial Services, The area under summer crops across India was at 7.88 million hectares as of Friday, up nearly 10% from 7.19 million hectares a year ago, according to data released by the agriculture ministry on Wednesday.
Gold rates on May 13: Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 92,885 per 10 gram today.
Central banks have been big buyers of gold and have skin in the game now
According to Geojit Financial Services, Sowing of rabi crops in Telangana reached 7.99 million acres (1 acre = 0.4 hectares) as of Wednesday, up 18% from 6.77 million acres a year ago, according to a report released by the state agriculture department.
According to Geojit Financial Services, Sowing of rabi crops in Telangana reached 7.99 million acres (1 acre = 0.4 hectares) as of Wednesday, up 18% from 6.77 million acres a year ago, according to a report released by the state agriculture department.
On the data front, US consumer inflation and retail sales data will be key to watch. The Fed has recently warned of stagflation risks, so hotter-than-expected inflation coupled with weaker retail sales could further reduce the likelihood of near-term rate cuts.
The reserves had risen by nearly $50 billion in the nine weeks preceding the reporting week and are now about $19 billion below the all-time high of $704.89 billion hit in late September 2024.
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,020 per 10 gram today.
According to Geojit Financial Services, Sowing of rabi crops in Telangana reached 7.99 million acres (1 acre = 0.4 hectares) as of Wednesday, up 18% from 6.77 million acres a year ago, according to a report released by the state agriculture department.
Snapping a four-day winning streak, gold of 99.5% purity also declined by Rs 1,550 to Rs 98,800 per 10 grams on Thursday.
Indian armed forces targeted air defence radars and systems at a number of locations in Pakistan on Thursday, the government said in a statement.
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,323 per 10 gram today.
According to Geojit Financial Services, Sowing of rabi crops in Telangana reached nearly 8.0 million acres (1 acre = 0.4 hectares) as of Wednesday, up 18% from 6.8 million acres a year ago, according to a report released by the state agriculture department.
According to Geojit Financial Services, Sowing of rabi crops in Telangana reached nearly 8.0 million acres (1 acre = 0.4 hectares) as of Wednesday, up 18% from 6.8 million acres a year ago, according to a report released by the state agriculture department.
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 95,200 per 10 gram on May 6.
According to Geojit Financial Services, Sowing of summer crops across India progressed to 7.3 million hectares as of Friday, up 15% from 6.3 million hectares sown a year ago, according to data released by the agriculture ministry.
