Commodity News


Rupee plunges to 72 levels, ECB eyes stimulus package & US factory sector contracts in August

17thAug – 23rd Aug

European Central Bank policymakers have said that a combination of measures may be needed to prop up the Euro zone economy, as recent indicators paint an even bleaker..


US to delay 10% tariffs on a range of Chinese goods, Chinese Industrial output grew 4.8 per cent in July & Indian rupee has become Asia's worst-performing currency

10th Aug – 16th Aug


U.S. crude oil production to reach record highs, OPEC and non-OPEC Ministerial Monitoring Committee to meet

03rd Aug – 09th Aug

The Indian rupee gained strength on hopes that the government may roll back..


Indian gold demand to drop this quarter, US Federal Reserve cuts interest rate by 25 bps & US to slap

27th July - 02nd Aug

In July, OPEC’s fourteen members pumped a combined 29.42 million bpd, a decline of 280,000...


The IMD reported rainfall deficiency, Indian gold demand rose by 14%, US Crude oil inventory drop

20th Jul - 26th Jul

India’s gold demand rose by 14% on YOY basis in April-June 2019 quarter..


Indian Gold prices at record highs, US Navy destroys Iranian drone & Nickel prices at multi-month highs

13th July – 19th July

A surge in prices of global precious metals along with an increase in import duty have contributed..


Gold prices in India near all-time high, India gold demand to drop, Fed to cut interest rate in July

06th July - 12th July

According to world gold council, Indian Gold demand may fall by 2.4% in 2019 due to hike in import duty..


Important Budget Announcements: Hike in duty on precious metals & fuel, 100% FDI in insurance..

29th June – 05th July

Finance Minister Nirmala Sitharaman..