Commodity News

Fed holds interest rates, EU to delay Brexit & Russia plans to ban scrap palladium

Fed holds interest rates, EU to delay Brexit & Russia plans to ban scrap palladium

16th Mar – 22nd Mar

US initial claims for unemployment benefits dropped 9,000 to 221,000 for the week ended March 16..

Brexit woes continue, oil production severely impacted

Brexit woes continue, oil production severely impacted in Venezuela & rupee strengthens further

09th Mar – 15th Mar

Gold corrects from recent highs as UK voted to delay Britain's departure from the EU, currently scheduled for March 29..

Chinese aluminium exports & copper imports decline

Chinese aluminium exports & copper imports decline, US crude stockpiles swell & Indian jewellers likely to restock gold

02nd Mar – 08th Mar

China’s aluminium exports stood at 343,000 tonnes in February..

US oil sector in focus

US oil sector in focus, NSE launches Brent Oil Contract & domestic castor crop output may fall 20%

23rd Feb – 01st Mar

OPEC members Saudi Arabia and Venezuela cut their shipments to the U.S..

US oil production hits record highs

US oil production hits record highs, Fed likely to turn hawkish & India..

16th Feb – 22th Feb

Palladium is outperforming other precious metals as the market is undersupplied along with increased demand from..

Crude at a 3-month high on OPEC supply cut

Crude at a 3-month high on OPEC supply cut, Indian gold imports rise & Venezuela to double oil exports to India

09th Feb – 15th Feb

The rupee lost ground after the crude oil rally and sell-off in Indian equities continued..

RBI cuts rates by 25 bps

RBI cuts rates by 25 bps, Government proposes a National Gold Spot Exchange & muted rise in US crude inventories

02nd Feb – 08th Feb

U.S. government data on Wednesday showed that domestic crude inventories rose..

Budget Special & Other commodity news

Budget Special & Other commodity news

26th Jan – 01st Feb

India to allocate 750 billion rupees ($10.56 billion) per year to support farmers’..