Pune: As Soybean futures contract on NCDEX has gone up by 21.77% during the past seven trading sessions and the upper circuit has been applied 4 times, industry body Soyabean Processors Association of India has written to NCDEX demanding that the circuit limit during the lean season should be...
Kolkata: The Soybean Processors Association of India (SOPA) has brought to the notice of the agri-commodity exchange National Commodity and Derivatives Exchange (NCDEX) that the soybean futures contract on NCDEX has been completely taken over by the speculators. SOPA has written a letter to NCDEX managing director Arun Raste...
Gold in the national capital on Monday gained Rs 169 to Rs 46,753 per 10 gram with recovery in international precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,584 per 10 grams. Silver also rallied Rs...
To guide market participants in assessing the performance of soy and gaur complex, the National Commodity and Derivatives Exchange (NCDEX) has decided to launch India’s first two sectoral indices in the agri-commodities space – GAUREX and SOYDEX. The methodology document for both the indices is currently available on the...
NEW DELHI: Gold prices in India bucked the global trend to trade marginally higher on Monday. However, gains were capped as the US dollar held firm and investors awaited the Fed’s FOMC meeting later in the week. Gold futures on MCX were up 0.19 per cent, or Rs 91,...
Gold prices inched lower on Monday, hovering around the $1,800 per-ounce psychological level, as the U.S. held firm, with investors turning their attention to the Federal Open Market Committee’s meeting this week. Spot gold fell 0.1% to $1,799.89 per ounce by 0110 GMT. US gold futures fell 0.2% to...
SINGAPORE: Oil prices were little changed on Monday as investors balanced concerns about fuel demand from the spread of COVID-19 variants and floods in China against expectations of tight supplies through the rest of the year. Brent crude futures for September fell 3 cents to $74.07 a barrel by...
New Delhi: Gold imports, which have a bearing on the country’s current account deficit, jumped multi-fold to $7.9 billion (Rs 58,572.99 crore) during the April-June 2021 quarter due to low base effect in the wake of the COVID-19 pandemic, according to data from the Commerce Ministry. Imports of the...
NEW YORK: Oil prices edged higher on Friday and for the week after a strong recovery from Monday’s steep slide, underpinned by expectations that supply will remain tight through the year. The price of oil and other riskier assets tumbled at the start of the week on concern over...
Gold fell and was heading for a weekly dip on Friday as a stronger dollar, firmer yields and equity markets chipped away at its appeal. Spot gold fell 0.3% to $1,800.72 per ounce by 1:43 pm EDT (1743 GMT). U.S. gold futures settled 0.2% lower at $1,801.80. Bullion has...