Commodities chat with Manisha Gupta

Market Live: Diamonds to regain sparkle in 2024 | Commodities Corner

Natural Diamond demand recovers. Price correction in 2023 led to strong demand growth. India diamond market : solitaire , everyday diamonds. India seen as fastest growing markets. Catch Manisha Gupta in conversation with David Kellie , CEO natural diamond council

Live: The SEC has approved bitcoin ETFs. What does it mean for investors? Commodities Corner

The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular investors access to the controversial and volatile cryptocurrency. Catch Manisha Gupta in an exclusive conversation with Ajeet Khurana

Live: Crude oil prices slip 4% overnight, trading near a 6-month low | Commodities Corner

A fine balance struck between the Middle East conflict, concerns about global demand and rising supply from producing countries has helped crude oil on a slippery ground with a marginal turnaround. Oil prices edged up on January 9, partially recovering from the decline in the previous session. Brent crude futures increased by 18 cents, reaching $76.30 a barrel, representing a 0.2 percent rise, while the US West Texas Intermediate (WTI) crude futures saw a gained 0.1 percent, or 6 cents, to $70.83 a barrel. The two crude oil benchmarks lost more than 3 and 4 percent on January 8 following significant price cuts by top oil exporter Saudi Arabia, and an increase in output by the Organization of Petroleum Exporting Countries (OPEC). Catch Manisha Gupta in conversation with Ajay Kedia, MD, Kedia Advisory with more details.

Live: Govt to intervene in retail rice market to curb prices| Commodities Corner

With retail rice inflation persisting in double digits for over a year, the government is contemplating various steps. These include selling grains from its reserves and urging retailers to trim their "high margins." Food Minister Piyush Goyal will convene a meeting of key stakeholders—processors, exporters, and traders—on January 15 to assess the nation's rice supply status. Catch Manisha Gupta with more details

LIVE: OMCs hike procurement price of Ethanol produced from Maize by Rs 5.79/ltr| Commodities Corner

Oil Marketing Companies (OMCs) announced an additional incentive of Rs 5.79 per litre (Excluding GST) for ethanol sourced from maize. After this incentive hike, the cost of ethanol sourced from maize will rise from Rs 66.07 per litre to Rs 71.86 per litre. Catch Manisha Gupta with more details

Commodities Corner: FIU issues notice to 9 offshore crypto platforms

The Financial Intelligence Unit India (FIU IND) has issued compliance showcause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) for alleged violation of the Prevention of Money Laundering Act 2002 (PMLA). VDA SPs were brought into the ambit of Anti Money Laundering/Counter Financing of Terrorism (AML-CFT) framework under the provisions of the Prevention of Money Laundering Act (PML) Act 2002 in March 2023. The nine offshore VDA service providers are: Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXCGlobal, and Bitfinex. Catch Manisha Gupta with more details

India commodity derivatives see Higher volumes in futures options| Commodities corner

Catch Manisha Gupta in conversation with Narinder Wadhwa - Chairman - CPAI to know more details

Live: INR sees support from DYX at 5-month lows amid surging equity markets

The dollar slipped to a five-month low against the euro and a basket of currencies on expectations the Federal Reserve could soon cut U.S. interest rates. But with many traders out for holidays volumes are likely to remain muted until the New Year, and price moves are exaggerated by low liquidity. Catch Manisha Gupta with more details

Live: Iron Ore hits 18-month high | Outlook for 2024 | Commodities Corner

In the realm of commodities, iron ore prices have surged to an 18-month peak, reaching $140 per tone. China remains the dominant force, constituting 70% of the world's demand. Strong requirements in shipping, machinery, automobiles, and infrastructure are fueling this trend. Catch Manisha Gupta as she provides comprehensive insights on today's #Commodities Corner.

Live: Alumina prices hit record highs, copper reaches 4-month peak | Commodities Corner

Alumina prices hit record highs; Gained 7% on Friday to $446/tonne. Copper at 4 mth high on firm physical demand. Mine supply issues in Latin America. Catch Manisha Gupta in conversation with Nishant Kumar, Technical Analyst, N K Charts

Live: India extends import duty reduction for edible oils to March 2025 | Commodities Corner

India will allow the import of edible oils at lower import tax rates until March 2025, as the world's biggest importer of vegetable oil moves to keep a lid on local prices. The lower import duty structure on crude palm oil, crude sunflower oil and crude soy oil was originally set to expire in March 2024. However, as per the order, refiners can now continue to import at lower duties until March 2025. Catch Manisha Gupta with more details

Live: Gold and silver prices surge | Commodities Corner

Both gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) on Thursday, December 21, 2023. Gold futures, maturing on February 5, 2024, stood at Rs 62,485 per 10 grams on the MCX, after recording a marginal hike of Rs 70 or 0.11 per cent. Similarly, silver futures, maturing on March 5, 2023, also witnessed a jump of Rs 14 or 0.02 percent and were trading at Rs 75,517 per kg on the MCX. The gold and silver prices in India depend on several factors, including the value of the rupee against the dollar. Global demand also plays a key role in determining the trends observed in the rate of precious metals. Catch Manisha Gupta with more details.

Gold remains firm above USD 2,000 Dollar mark on the back of a soft US-Dollar | Commodities Live

Gold remains firm above USD 2,000 dollar mark on the back of a soft US-Dollar and lower US Yields.. Catch Manisha Gupta in conversation with Ajay Kedia, MD Kedia Advisory.

Live: Reduce non-basmati rice price with immediate effect, govt directs industry | Commodities Corner

The Union government directed rice industry associations on Tuesday to ensure a reduction in the retail price of rice with immediate effect. The direction came after the Reserve Bank of India had flagged the rising price of rice by 12% year on year. Catch Manisha Gupta in a chat with Dr Prem Garg, National President, Indian Rice exporters federation.

Live: SGBs 2023-24 series III opens: should you invest? | Commodities Corner

The Reserve Bank of India (RBI) has unveiled the Sovereign Gold Bond (SGB) Scheme Series III for the fiscal year 2023-2024. This launch comes in response to the significant rise in gold prices, exceeding a 10 percent hike in 2023, which has defied expectations despite a challenging high-interest rate landscape. Catch Manisha Gupta in conversation with Surendra Mehta, National Secretary -IBJA

Live: Metal prices surge on fed's rate cut plans | Commodities Corner

Metal prices are on the upswing, poised to finish the week strongly. This surge comes as the Federal Reserve indicates potential cuts to interest rates, signaling three expected reductions in 2024. Catch Manisha Gupta in conversation with Kunal Shah-Head of Commodities & Currencies, Nirmal Bang to know more.

Gold prices soar past $2,000 as US yields tumble on back of Fed hinting at rate cuts 2024 onwards

Investor enthusiasm over the US Federal Reserve's dovish position sets the stage for a multi-year upswing in gold. Bullion saw a surge in response to the Fed's indication of three rate cuts in 2024. On the home front, gold and silver prices soared on December 14 in the MCX market. The secure-haven gold climbed by 2.3 percent, and silver shot up by 5 percent. Post the announcement, the dollar index plummeted, dipping below the 103 threshold, while the 10-year US Treasury yield slipped beneath the critical 4 percent mark. Catch Manisha Gupta in an exclusive conversation with Somasundaram, World Gold Council.

Live: Govt to issue sovereign gold bonds tranche in December & February | Commodities Corner

Catch Manisha Gupta in discussion with Surendra Mehta, National Secretary, IBJA

Live: Sugar industry: Ministry clarifies on buzz of Ethanol production cut l Commodities Corner

Catch Manisha Gupta in an exclusive conversation with Rahil Shaikh, Managing Director, MEIR as they discuss all about sugar prices on Commodity Corner today.

Crude oil prices at 5-month low on fears of OPEC+ cuts, strengthening Dollar | Commodities Corner

U.S. crude oil production set a record for the second month running in September, highlighting the challenge to Saudi Arabia and its OPEC⁺ partners as they cut their own production to boost prices. Crude oil prices hit a 5-month low and have declined 6% this week. Natural gas prices have also fallen 4% this week. Catch Manisha Gupta in an exclusive conversation with Kunal Shah-Head of Commodities & Currencies, Nirmal Bang as they discuss all about Crude and gold on Commodity Corner today.

Live: Edible oil prices slip in November due to rise in production, exports l Commodities Corner

In November, the prices of edible oils decreased as a result of increased production. Catch Manisha Gupta in conversation with Sandeep Bajoria - CEO, Sunvin group as they talk about edible oil prices.

Live: Gold posts 2nd monthly gain in Nov; Copper at 10-week high| Commodities Corner

In November, gold continued its upward trajectory, marking its second consecutive monthly gain and reaching a seven-month high. The month saw a 2.7% rise in gold prices, following a substantial 6.8% surge in October. Copper is also in fovus as it touches 10 week high.. Catch Manisha Gupta in exclusive conversation with Ajay Kedia , Director , Kedia Commodities

Live: Macadamia nuts projected to reach $1.75 billion in 2023 | Commodities Corner

In 2022, the global Macadamia Nuts market stood at a substantial $1.58 billion, with estimations indicating a promising surge to $1.75 billion by 2023. These projections are fueled by various factors contributing to the allure of macadamias in the market. One of the primary reasons for the premium pricing of Macadamia Nuts is the restricted supply chain. Cultivating these nuts is a labor-intensive process, resulting in relatively lower availability compared to other nuts. Only 1% of tree nuts worldwide contribute to the production of this nut. Catch Manisha Gupta in exclusive conversation with Jillian Laing, CEO, WMO to know more

Live: India's steel demand to touch 190 MT-mark in 2030 | Commodities Corner

India’s steel demand is expected to grow at a Compound Annual Growth Rate (CAGR) of 7 percent to touch 190 million tonnes (MT) level by 2030. The demand will be largely fuelled by construction and infrastructure sectors, which contribute 60-65 per cent to the demand, the market research firm said. In 2030, India’s steel demand is projected to reach 190 MT based on a 7 percent CAGR. Catch Manisha Gupta in exclusive conversation with Dhruv Goel, CEO, Steelmint