Commodities-Markets-Economic Times
Gold jumps to 7-year high on fears virus will hit global growth
2020-02-21T21:08:40+05:30
Spot gold rose 1.1% to $1,636.60 per ounce as of 1256 GMT, after hitting its highest since Feb.14, 2013 at $1,636.66 earlier this session. U.S. gold futures jumped 1.2% to $1,639.60.
Oil retreats in face of renewed coronavirus uncertainty
2020-02-21T21:07:39+05:30
Brent crude was down $1.56, or 2.6%, at $57.75 a barrel by 1442 GMT, while U.S. crude dropped $1.25, or 2.3%, to $52.63.
Gold futures jump Rs 433 to Rs 42,472
2020-02-21T19:18:11+05:30
The trading in the first half was closed on account of Maha Shivratri.
Gold pops as virus concerns ignite global stampede into havens
2020-02-21T14:59:18+05:30
Bullion headed for the biggest weekly gain in more than 6 months as prices hit a seven-year high.
LTI enters Nifty Next 50 Index
2020-02-21T13:12:01+05:30
"It is a significant recognition as it represents top 50 companies that are considered most lucrative for investors", LTI said.
Covid-19 bugs jewellers who’d got big orders
2020-02-21T09:29:12+05:30
Analysts expect the price to rise further in the short term due to continuing the impact of the new coronavirus disease, or Covid-19, in the global markets.
Poultry, egg prices fall on Covid-19 rumours
2020-02-21T07:56:16+05:30
The egg industry has taken maximum hit as wholesale prices have slipped below the breakeven level.
Gold climbs to 7-yr high as virus woes boost safety demand
2020-02-20T21:14:13+05:30
Spot gold was up 0.4% at $1,617.52 per ounce by 1227 GMT, its highest since Feb. 2013.
Oil firms on supply threats and easing demand woes
2020-02-20T21:13:13+05:30
Brent crude futures were up 27 cents at $59.39 a barrel by 1443 GMT. West Texas Intermediate (WTI) crude climbed 59 cents to $53.88.
Agri Commodities: Mustard, soya oil slump in futures trade amid weak demand
2020-02-20T14:55:11+05:30
Mustard seed prices on Wednesday dropped by Rs 4 to Rs 3,950 per quintal in futures trade.
Precious Metals: Gold, silver fall in futures trade amid sluggish demand
2020-02-20T14:35:56+05:30
Gold was trading 0.12 per cent lower at $1,609.80 per ounce in New York.
ICRA cuts diamond sector outlook to negative on coronavirus
2020-02-20T14:24:10+05:30
The C&HK region, accounts for 14-15% of global demand for CPDs.
Crude oil futures up on spot demand, global cues
2020-02-20T14:20:51+05:30
Crude oil for March delivery was up by Rs 17, or 0.44 per cent.
Commodity outlook: Most metals gain; here’s how others may trade today
2020-02-20T10:47:50+05:30
Here is how SMC Global expects commodities to fare today.
Gold rate today: Gold hovers near life-highs as investors move to safe havens
2020-02-20T09:59:28+05:30
Brokerage SMC Global said bullion counters can trade on a volatile path.
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