Mon, Jan 29, 2024
Gold and Silver rate today (January 29, 2024): MCX gold futures (Feb 5) were flat with a positive bias at Rs 61,148 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.
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Thu, Jan 25, 2024
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
Commodity Capsule: Brent crude is hovering close to one-month high past $80 a barrel. For the week, Brent crude prices are up 2.5 per cent.
Gold and Silver rate today (January 25, 2024):- MCX gold futures (Feb 5) were flat with negative bias at Rs 61,957 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.
Wed, Jan 24, 2024
Gold and Silver rate today (January 24, 2024): MCX gold futures (Feb 5) were flat with positive bias at Rs 61,976 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.
Tue, Jan 23, 2024
Government has increased import duties on various precious metals and related products, effective January 22. Duties on gold and silver findings and coins were hiked from 10% to 15%, while spent catalysts used for extraction saw a rise to 14.35%. These adjustments align with previous silver duty increases from the 2023 budget and aim to regulate the import and taxation of precious metals in the country.
Commodity Capsule: In the Middle East, US and British forces have carried out a fresh round of strikes targeting a Houthi underground storage site, and missile and surveillance capabilities used by the Houthi group.
Import duty on gold and silver findings and coins of precious metals will now be 15 per cent.
Gold and Silver rate today (January 23, 2024): MCX gold futures (Feb 5) were up 0.19 per cent or Rs 115 at Rs 61,983 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.
Fri, Jan 19, 2024
Natural Gas Prices: Once again there was a huge decline in the price of natural gas. The price fell again by 20% this week. This decline is considered to be the biggest weekly decline after a year. Currently, Natural Gas is trading at the price of 219.40 on MCX.
Commodity Capsule: Geopolitical tensions and disruptions in US oil production from a cold blast were countered by concerns over slow demand growth in China and ample supply forecasts.
Gold and Silver rate today (January 19, 2024): MCX gold futures (Feb 5) were flat with a positive bias at Rs 61,536 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.
Thu, Jan 18, 2024
Sugarcane Price: Today a big decision has been taken regarding the prices of sugarcane. Uttar Pradesh state government has made a big announcement for sugarcane farmers. The government has increased the price by ₹20 per quintal. Besides, the Punjab government has also decided to increase the prices.
Commodity Capsule: The dollar held close to a five-week peak after data overnight showed U.S. retail sales increased more than expected in December.
Gold and Silver rate today (January 18, 2024): MCX gold futures (Feb 5) were flat with a positive bias at Rs 61,536 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.
Wed, Jan 17, 2024
Crude Prices: The decline in crude seems to be increasing. Brent crude is trading today at 76.80 and MCX crude is trading at 5881 with a decline of 2%. After all, what is the reason for this increasing decline?
Commodity Capsule: China's economy in the fourth quarter expanded by 5.2 per cent year-on-year (YoY), which missed analyst expectations and calls into question forecasts that Chinese demand will propel stronger global oil growth in 2024.
Gold and Silver rate today (January 17, 2024): MCX gold futures (Feb 5) were flat with a positive bias at Rs 62,060 per 10 grams. Check out 24k gold price in Mumbai, Delhi and other cities.
Tue, Jan 16, 2024
Gold Silver Prices: There seems to be an atmosphere of pressure in gold and silver today. On MCX, gold slipped by 187 points to reach 62,372, while silver fell by 176 points to 72,451.
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