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Weekly Silver Review: COMEX Futures Hit Two Week Top

COMEX Silver futures saw a rangebound movement after recovering from a six week low as supportive cues from Copper triggered some buying for the metal. Indias Silver demand is firm after recent spurt in prices and could stay buoyant amid coming festive season. Imports Silver soared the 72% from a year earlier to 543.21 tons […]

Rubber falls 15% on low demand

Plummeting demand and rising production in the past few months have triggered a 15 per cent fall in natural rubber prices since September and the industry fears further slump in the coming weeks as the peak tapping season has begun. The RSS-4 sheet rubber variety used by the tyre industry is selling at ₹120 per […]

India Imports 33 percent of Ukraines Sunflower Oil

In January-September 2019, sunflower oil exports from Ukraine totalled 4.1 mln t for the amount of USD 2.81 bln. Under the data of the State Fiscal Service of Ukraine, the key importers in the reporting period are as followed: India n++ USD 933.94 mln (a 33.24% share of the total supply); China n++ USD 369.43 […]

Indian festival fails to buoy gold demand; China awaits trade verdict

BENGALURU/MUMBAI: Gold demand in top-consumer China was subdued this week as investors awaited outcome of crucial trade negotiations with the United States, while purchases in India during a key festival were lower-than-usual because of higher prices. India celebrated Dussehra festival on Tuesday, when buying gold is considered auspicious. “Consumers were struggling to adjust (to) the […]

COMEX Gold Plunges To Three Week Low

COMEX Gold extended losses on easing trade tensions. The US President Donald Trump revealed he plans to meet with Chinese Vice Premier Liu He as part of high-level U.S.-China trade talks. The yellow metal currently trades at $ 1490 per ounce, down 0.60% on the day. These are the lowest level in last one week […]

Gold rises Rs 126 on weaker rupee, festive demand

Gold prices on Friday rose Rs 126 to Rs 39,160 per 10 gram in the national capital on a weaker rupee and festive demand, according to HDFC Securities. The yellow metal had closed at Rs 39,034 per 10 gram on Thursday. Silver prices also jumped Rs 380 to Rs 46,900 per kilogram from Rs 46,520 […]