Commodity News

weekly-23Aug2019-Big

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..

weekly-10Aug2019-Big

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

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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..

Weekly-round-up-27-July-02-Aug-Sml

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...

Weekly-round-up-July-26-2019-Big

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..

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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..

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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..

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

29th June – 05th July

Finance Minister Nirmala Sitharaman..