Thu, Jul 04, 2024
Strong signals from global markets. New records again in US amid mixed business. S&P 500 and Nasdaq again made new records. The Dow slipped 25 points amid narrow range trading. Tesla rallies for the third day, jumped 6.5% yesterday. Tesla shares up 25% in 3 days. Action in the market also due to 4.5% jump in NVIDIA. Crude oil strong, Brent crude crosses $87.
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Metal shines again in the commodity market. Global metals are back in glory again. Where will the support for the rise in metals come from? What is the brokerage's opinion on metal? See full details from Neha Anand.
Thu, Jan 18, 2024
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
Tue, Jun 06, 2017
On one side where the jewellers are cheering the move, and rating agencies are expecting uptick in demand, but with 3% tax on gold, is it really a positive move?
Mon, Jun 05, 2017
Gold jewellery demand is unlikely to be impacted by the GST rate of 3% which is higher than the current tax rate. Though prices of the yellow metal may increase including that of silver and diamonds, industry experts say it will not impact demand.
Sun, Jun 04, 2017
Apparel up to Rs 1,000, biscuits and footwear will get cheaper, while gold will get slightly costlier from next month as the Centre and states, excepting West Bengal, resolve to roll out GST from July 1.
Sat, Jun 03, 2017
The Goods and Services Tax (GST) Council has finalised the fitment of tax rates for most of the six remaining items on Saturday, Jammu and Kashmir Finance Minister Haseeb Drabu said.
The GST Council today cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax.
Fri, Jun 02, 2017
Gold inched lower on Friday as Asian stocks and the dollar firmed after upbeat U.S. private sector job figures appeared to boost the prospects for an interest rate hike this month.
Thu, Jun 01, 2017
Gold and silver are trading low in the market. However, slight advancement is seen in copper. सोने और चांदी बाज़ार में कम व्यापार कर रहे हैं। हालांकि, तांबा में मामूली बढ़त देखी जा रही है।
The value of the bitcoin has more than doubled over the last 5 months mainly due to insecurities around the US President Donald Trump and the controversies surrounding his government.
Gold held steady on Thursday after hitting a five-week high in the previous session on geopolitical tensions, but expectations the U.S. Federal Reserve will hike interest rates next month weighed on prices.
Wed, May 31, 2017
Experts explain 5 possible reasons for fall in gold and silver markets today. Watch full video to know more.
More fundamentals added for gold which will give negative impact. Consumer spending in America has increased in the month of April.
Tue, May 30, 2017
Concerns about a Greek bailout, early Italian elections and comments by the European Central Bank chief about the need for continued stimulus all kept the euro under pressure on Tuesday.
Gold held steady early on Tuesday as easing Asian stock markets and geopolitical concerns helped the yellow metal hover close to one-month peaks.
Wed, May 17, 2017
Higher GST rate would affect organised players badly, GJF said, adding that the industry is pitching for lower tax to bring unorganised players on board so that their dealings are reported online with greater transparency.
Mon, May 15, 2017
While gold imports in India rose three-fold during April, crude oil imports further grew by 30% putting more pressure on out trade deficit.
Fri, May 12, 2017
U.S. data on Thursday showed producer prices rebounded more than expected last month, leading to the biggest annual gain in five years and suggesting that inflation pressures were rising.
Tue, May 09, 2017
The Korean won was slightly lower on Tuesday, with the dollar buying 1,132.08 won. South Korean stocks closed at a record high on Monday.
Fri, May 05, 2017
Spot gold was down 0.8 percent at $1,227.94 an ounce by 3:02 p.m. EDT (1902 GMT) after touching $1,225.20, the lowest since March 17, and extending losses below the 50- and 200-day moving averages. Support was seen around $1,221, the 100-day moving average.
Thu, May 04, 2017
World Gold Council said, "The steady state of global demand concealed a more varied country-level picture. Gains were concentrated in India, Iran and the US, just outweighing modest losses elsewhere."
The dollar gained 0.1% to 112.83 yen , its highest since March 20, after surging 0.6% on Wednesday to close at the session high.
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