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.
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Wed, Jan 24, 2024
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.
Wed, Oct 11, 2023
Higher rates raise the opportunity cost of holding gold, which is priced in dollars and does not yield any interest.
Tue, Oct 10, 2023
The remarks by Fed Vice Chair Philip Jefferson and Dallas Fed President Lorie Logan prompted investors to undercut the likelihood of further Fed rate increases.
Mon, Oct 09, 2023
Fri, Oct 06, 2023
Thu, Oct 05, 2023
Wed, Oct 04, 2023
Tue, Oct 03, 2023
Mon, Oct 02, 2023
Gandhi Jayanti market holiday: MCX will remain shut on October for Gandhi Jayanti. Trading activity on the commodity bourse will resume on Tuesday, October 3.
Fri, Sep 29, 2023
Thu, Sep 28, 2023
Wed, Sep 27, 2023
Tue, Sep 26, 2023
Mon, Sep 25, 2023
Fri, Sep 22, 2023
Thu, Sep 21, 2023
Commodity Superfast: A huge fall was seen in gold and silver on MCX, a fall of ₹ 450 was seen in gold and ₹ 900 in silver, on the other hand in the domestic market crude was seen at ₹ 7400.
Wed, Sep 20, 2023
Commodity Live: More than 4% decline was seen in turmeric today on MCX, on the other hand, Fed's decision is going to come tonight, but before the decision, gold was seen in alert mode.
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