COMMODITIES NEWS - Page 3

Crude oil prices slip on signs of weak fuel demand, strong dollar

May 13, 2024 12:42 IST

Brent crude futures slid 7 cents, or 0.1%, to $82.72 a barrel while US West Texas Intermediate crude futures were at $78.21 a barrel, down 5 cents.

Gold Rate Today: Price of 22 Carat, 24 Carat gold inches higher

May 10, 2024 14:07 IST

MCX Gold futures for June expiry inched 1.26 per cent higher to Rs 71,540 per 10 grams on Friday.

Crude oil prices set for weekly gain as data from US, China points higher demand

May 10, 2024 12:37 IST

Falling US crude inventories spurred by higher refinery runs coincided with data released on Thursday showing China's oil imports in April were higher than last year on signs of improving trade activity.

Gold Rate Today: Price of 22 Carat, 24 Carat falls

May 9, 2024 15:23 IST

Analysts attributed the fall in gold prices to weak global cues and profit booking at higher levels, PTI reported.

Gold Rate Today: Price for 22 karat, 24 karat gold declines

May 8, 2024 13:54 IST

MCX Gold futures for June expiry inched 0.09 per cent lower at 71,083.00 for 10 grams while MCX Silver futures for July expiry inched 0.11 per cent lower to 82,783.00.

Gold Price Today: Price of yellow metal inches higher

May 7, 2024 16:59 IST

MCX Gold futures for June expiry inched 0.15 per cent lower at 71,261.00 for 10 grams while MCX Silver futures for July expiry inched 0.39 per cent lower to 82,632.00.

Crude oil climbs after Israel strikes Gaza, truce talks continue

May 7, 2024 16:58 IST

Brent crude futures were up 9 cents, or 0.11%, at $83.42 per barrel while US West Texas Intermediate (WTI) crude futures rose 7 cents, or 0.09%, to $78.55 a barrel.

Gold, Silver Rate Today: Price of Yellow metal inches higher

May 6, 2024 13:51 IST

MCX Gold futures for June expiry inched 0.82 per cent higher at 71,246.00 for 10 grams while MCX Silver futures for July expiry inched 1.77 per cent to 82,479.00.

Crude oil prices advance as Gaza tensions rise, Saudi Arabia hikes prices

May 6, 2024 12:50 IST

Brent crude futures gained 51 cents, or 0.6 per cent, to $83.47 a barrel while US West Texas Intermediate crude futures were at $78.64 a barrel, up 53 cents, or 0.7 per cent.

Onion prices, onion supply, export duty on onion, onion exports, Indian express business, business news, business articles, business news stories

Govt imposes 40% export duty on onion effective May 4

May 3, 2024 23:06 IST

Besides, it has extended the duty exemption on imports of yellow peas covered by the bill of entry issued on or before October 31, 2024.

Gold, Silver Price Today: Price of yellow metal declines by Rs 100

May 3, 2024 15:25 IST

International gold prices are heading for a second straight weekly decline as investors remained cautious ahead of the US non-farm payrolls data that could provide cues on the Federal Reserve's rate cut timeline.

Crude oil prices set for steepest weekly drop in three months

May 3, 2024 13:03 IST

Brent crude futures for July rose 14 cents to $83.82 a barrel by 0646 GMT. US West Texas Intermediate crude for June was up 16 cents, or 0.2%, to $79.11 per barrel.

Gold, Silver price today: Price of yellow metal rises marginally

May 2, 2024 11:45 IST

Traditionally, Gold has traditionally been a cherished asset for Indian households and is considered a safe option to park the money.

Oil prices falls for a third consecutive day as Middle East ceasefire hopes rise

May 1, 2024 12:04 IST

Brent crude futures for July fell 70 cents, or 0.8%, to $85.63 a barrel by 0456 GMT. U.S. West Texas Intermediate crude for June declined 75 cents, or 0.9%, to $81.18 per barrel.

Govt cuts windfall tax on crude petroleum to Rs 8,400 per tonne

May 1, 2024 10:58 IST

The SAED on the export of diesel, petrol and jet fuel or ATF, has been retained at nil. The new rates are effective from May 1, an official notification said.

India’s gold demand up 8% in March quarter to 137 tonne: World Gold Council

April 30, 2024 12:59 IST

India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore during the January-March period of this year on volume growth as well as a rise in quarterly average prices by 11 per cent.

Gold, Silver Price Today: Price of precious metals slip marginally

April 29, 2024 12:47 IST

MCX gold futures for June expiry is down 0.23 per cent for 10 gram to 71,337.00 while MCX silver futures for July contract is down 82,288.00 for 1 kg.

Centre allows 99.5k tons of onion exports to 6 neighbouring nations

April 27, 2024 15:56 IST

The export prohibition has been imposed to ensure adequate domestic availability against the backdrop of estimated lower Kharif and Rabi crops in 2023-24 compared to the previous year.

Gold futures rise Rs 221 to Rs 71,435 per 10 gm

April 26, 2024 15:26 IST

On the Multi Commodity Exchange, gold contracts for June delivery traded higher Rs 221 or 0.31 per cent at Rs 71,435 per 10 grams in a business turnover of 19,552 lots.

Oil prices on track to snap two-week losing streak

April 26, 2024 13:42 IST

Brent crude futures gained 47 cents, or 0.5%, to $89.48 a barrel at 0640 GMT, and U.S. West Texas Intermediate crude futures rose by 44 cents, or 0.5%, to $84.01 a barrel.

Oil prices remain steady as market weighs US demand concerns, Middle East conflict risks

April 25, 2024 12:35 IST

Brent crude futures inched up 18 cents, or 0.2%, to $88.20 a barrel at 0630 GMT, while U.S. West Texas Intermediate crude futures gained 13 cents, or 0.2%, to $82.94 a barrel.

Ban on MDH, Everest products: Spices Board mulls mandatory testing of consignments to Singapore, Hong Kong

April 24, 2024 23:02 IST

India, the world's largest producer, consumer and exporter of spices, has already sought details from food safety regulators of Singapore and Hong Kong, which has banned certain spices of MDH and Everest due to quality concerns.

Gold, Silver price today: Price of Yellow metal marginally up after hitting two-week low

April 24, 2024 12:55 IST

Silver Price Today: On the similar lines, MCX Silver futures for May expiry also extended gains by 0.28 per cent to 80,906.00.

Reliance gets govt nod for additional investment to raise KG-D6 gas output

April 23, 2024 15:29 IST

Reliance and its partner bp Plc currently produce around 30 mmscmd or about 30 per cent of India's gas production, from the KG-D6 block.

Crude oil prices stabilise as West Asian tension remains in focus

April 23, 2024 13:09 IST

Both benchmarks fell 29 cents in the previous session on signs that a recent escalation of tensions between Israel and Iran had little near-term impact on oil supplies from the region.