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.
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.
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.
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.
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 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.
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.
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.
The announcement that the US and China are open to trade negotiations provided some optimism, but scepticism lingers. Market participants remain wary of how much of this is political posturing versus real progress.
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.
Gold prices have surged, pushing the Gold-Silver ratio above 100 for the first time since the pandemic, as silver struggles to keep pace.
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.94 million acres (1 acre = 0.4 hectares) as of Wednesday, up 17.2% from 6.77 million acres a year ago, according to a report released by the state agriculture department.
"The recent downside was triggered by growing expectations of a possible trade thaw between the US and China," said Jateen Trivedi from LKP Securities.
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.94 million acres (1 acre = 0.4 hectares) as of Wednesday, up 17.2% from 6.77 million acres a year ago, according to a report released by the state agriculture department.
Next week’s calendar is packed with key releases, including US jobs, first-quarter GDP, and the crucial inflation gauge, core PCE, all of which will be closely watched for clearer evidence on the state of the economy amid concerns that new tariffs is dampening growth and inflation outlook.
According to Geojit Financial Services, Sowing of rabi crops in Telangana was at 7.94 million acres (1 acre = 0.4 hectares) as of Wednesday, up 17.2% from 6.77 million acres a year ago, according to a report released by the state agriculture department.
According to Geojit Financial Services, Indian farmers have sown summer crops across 6.88 million hectares as of Friday, up 15.2% on year from 5.97 million hectares sown in the same period a year ago, according to data released by the agriculture ministry relased on Monday.