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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
According to Geojit Financial Services, Sowing of rabi crops in Andhra Pradesh progressed to 1.86 million hectares as of Wednesday from 1.68 million hectares sown in the same period last year, up 11% on year, according to a report released by the state agriculture department.
Bullion traded about $10 below Thursday’s all-time high of $3,057.49 an ounce, putting it on track for a third weekly gain. A fresh bout of instability has gripped markets amid mounting worries about an escalation in the US-led trade war.
A lowering of estimates in major sugar producing countries has led to a recovery in sugar prices
According to Geojit Financial Services, The sowing of summer crops in Gujarat fell 14% on year to 567,062 hectares as of Monday from 659,770 hectares sown in the corresponding period last year, according to a report released by the state agriculture department.
Spot gold hit a peak of $3,028.24 in early trade, and by 0927 was up 0.7% at $3,023.30 an ounce
According to Geojit Financial Services, The sowing of summer crops in Gujarat fell 14% on year to 567,062 hectares as of Monday from 659,770 hectares sown in the corresponding period last year, according to a report released by the state agriculture department. Paddy acreage rose 40% on year to 123,205 hectares from 87,870 hectares last year.
While the US Federal Reserve, Bank of England, and Bank of Japan are expected to hold steady, all eyes will be on Fed Chair Powell’s remarks and the FOMC's economic projections.
Bullion has scaled 13 all-time highs so far this year and is on track for a second straight week of gains.
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.3 million acres (1 acre = 0.4 hectares) as of Wednesday, up 10.3% from 6.6 million acres a year ago, according to a report released by the state agriculture department.
The rupee INR closed at 87.33 against the U.S. dollar, down 0.5%, its steepest decline since February 25
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.3 million acres (1 acre = 0.4 hectares) as of Wednesday, up 10.3% from 6.6 million acres a year ago, according to a report released by the state agriculture department.
Commodities traders continue to anticipate three interest rate cuts during the seven remaining policy meetings this year, although Fed policymakers have repeatedly emphasized that they would like to see sustained progress in inflation before resuming rate cuts.
