Gold firms ahead of US inflation data, but set for weekly loss
Spot gold rose 0.4% to $2,374.14 per ounce by 0235 GMT, but was down 1% for the week. U.S. gold futures climbed 0.7% to $2,371.00.
Oil edges up on strong US GDP data but Asia economic woes limit gains
Brent crude futures for September rose 7 cents to $82.44 a barrel by 0014 GMT. U.S. West Texas Intermediate crude for September increased 4 cents to $78.32 per barrel.
Agri Picks Report July 25, 2024: Geojit Financial Services
According to Geojit, Farmers in Gujarat have sowed kharif crops across 6.3 mln ha as of Monday, down 8.4% from the previous year, according to the state acreage report. Kharif crops are sown at the beginning of the first rains during the southwest monsoon season around June, and harvested at the end of the monsoon season around October.
Oil prices ease on concerns over weak China demand, Middle east ceasefire talks
Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel by 0129 GMT. U.S. West Texas Intermediate crude for September slid 33 cents, or 0.4%, to $77.26 per barrel.
Agri Picks Report July 24, 2024: Geojit Financial Services
According to Geojit, Farmers in Gujarat have sowed kharif crops across 6.3 mln ha as of Monday, down 8.4% from the previous year, according to the state acreage report.
Oil prices rise as US crude and fuel inventories seen shrinking
Brent crude futures for September rose 46 cents to $81.47 a barrel by 0020 GMT. U.S. West Texas Intermediate crude for September increased 42 cents to $77.38 per barrel.
Agri Picks Report July 23, 2024: Geojit Financial Services
According to Geojit, The area under kharif soybean in 2024 is 11.8 mln ha, down just 0.3% from the previous year, according to a survey by the Soybean Processors Association of India.
Oil prices fall on predictions of swelling crude inventories, weak demand
Brent crude futures for September fell 9 cents to $82.31 a barrel by 0005 GMT. U.S. West Texas Intermediate crude for September declined 10 cents to $78.30 per barrel.
Agri picks report July 22, 2024: Geojit Financial Services
According to Geojit, the Securities and Exchange Board of India has approved the relaunch of yellow peas futures on the National Commodity & Derivatives Exchange, two officials with the exchange told Informist.
Oil prices rise as investors look for signs US rate cuts to begin
Brent crude prices were up 48 cents, or 0.57%, at $83.10 a barrel by 0035 GMT, and U.S. West Texas Intermediate crude futures rose 42 cents, or 0.52%, to $80.55.
Agri Picks Report July 19, 2024: Geojit Financial Services
According to Geojit, The weighted average rainfall across the country on Wednesday was 7.0 mm, 28% below the normal of 9.7 mm, the India Meteorological Department said.
Agri Picks Report July 18, 2024: Geojit Financial Services
According to Geojit, The area under kharif crops in Maharashtra rose 39.5% on year to 12.3 mln ha as of Monday, according to the state agriculture department.
Oil prices rise on bigger-than-expected drop in US crude stocks
Brent futures rose 13 cents, or 0.2%, to $85.21 a barrel by 0023 GMT, while U.S. West Texas Intermediate (WTI) crude rose 31 cents, or 0.4%, to $83.16.
Gold soars to record as US rate-cut bets burnish appeal
Spot gold was up 0.2% at $2,473.87 per ounce, as of 0250 GMT, after hitting a record peak of $2,482.29. U.S. gold futures gained 0.3% to $2,475.80.
Oil prices steady as slowing demand offsets tightening supply
Brent crude oil futures fell by 11 cents, or 0.1%, to $83.62 a barrel by 0010 GMT. U.S. West Texas Intermediate crude futures were also 11 cents, or 0.1%, lower at $80.65 a barrel.
Agri Picks Report July 16, 2024: Geojit Financial Services
According to Geojit, The US Department of Agriculture has raised its monthly estimate for global oilseed output for 2024-25 (May-Apr) to 686.10 mln tn from 685.81 mln tn forecast in June.
Agri Picks Report July 15, 2024: Geojit Financial Services
According to Geojit, The weighted average rainfall across the country today was 4.6 mm, 51% below the normal rainfall of 9.5 mm for Thursday, India Meteorological Department said.
Gold eases, investors seek more cues on Fed's rate path
Spot gold eased 0.1% at $2,409.54 per ounce, as of 0250 GMT. U.S. gold futures fell 0.2% at $2,414.70.
Oil extends losses as dollar strengthens following Donald Trump attack
Brent crude futures fell 55 cents, or 0.7%, to $84.48 a barrel by 0109 GMT after settling down 37 cents on Friday.
Commodity traders to closely watch China's key political meeting, US retail sales next week
Commodity traders will look for cues related to property crisis and consumer spending in the China's key political gathering next week.
Agri Picks Report July 12, 2024: Geojit Financial Services
According to Geojit, The weighted average rainfall across the country today was 4.6 mm, 51% below the normal rainfall of 9.5 mm for Thursday, India Meteorological Department said.
Gold eases but set for weekly gain as Fed rate-cut bets boost appeal
Spot gold fell 0.2% at $2,408.70 per ounce, as of 0148 GMT after rising 2% on Thursday.
Oil rises on cooling US inflation, strong summer demand
Brent crude futures rose 37 cents, or 0.4%, to $85.77 a barrel by 0031 GMT. U.S. West Texas Intermediate crude futures rose 50 cents, or 0.6%, to $83.12 a barrel.
Agri Picks Report July 11, 2024: Geojit Financial Services
According to Geojit, Production of crude palm oil in Malaysia fell 5.2% on month to 1.61 mln tn in June, according to preliminary data from the Malaysian Palm Oil Board.
