Source: business-standard.com Prices of gold and silver corrected sharply on Thursday and Friday after a sharp, continuous rally. The correction is expected to continue in the short term. Silver prices (without the goods and services tax) in Mumbai’s spot market on Friday closed at Rs 46,980 per kg, or 5.4 per cent lower than yesterday’s close […]
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The PJSC Russian Aquaculture (MCX:AQUA) Share Price Is Up 563% And Shareholders Are Delighted
Source: finance.yahoo.com Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. Not every pick can be a winner, but when you pick the right stock, you canwin big. For example, the PJSC Russian Aquaculture (MCX:AQUA) share price is up a whopping 563% in the last […]
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MCX to reap the benefits as gold fever grips investors
Source: economictimes.indiatimes.com ET Intelligence Group: MCXNSE -0.15 %, India’s largest commodity exchange, will be the biggest beneficiary from increased volatility in gold prices in the listed space. Total traded value of gold on the exchange for July and August has tripled over last year’s. Average monthly traded value for the […]
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Gold prices hit record highs for fourth day, silver rates remain flat
Source: livemint.com New Delhi: Gold continued its record-setting trend today by inching closer to ₹ ₹39,000 per 10 grams in domestic markets. Hitting a fresh hit for the fourth day in a row, gold rose ₹25 to₹38,995 per 10 gram, Press Trust of India reported, citing All India Sarafa Association. Silver held steady at […]
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Gold prices hit new high, silver rates fall over ₹1,000 in a day
Source: livemint.com Gold prices in India today hit new highs amid weakness in the rupee. Gold rose ₹200 to a record high of ₹38,770 per 10 gram in Delhi, even as the precious metal lost steam overseas, Press Trust of India reported, citing All India Sarafa Association. Silver prices however plunged ₹1,100 to ₹43,900 […]
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Only 3 Days Left To Cash In On Public Joint Stock Company Gazprom (MCX:GAZP) Dividend
Source: finance.yahoo.com Public Joint Stock Company Gazprom (MCX:GAZP) stock is about to trade ex-dividend in 3 days time. If you purchase the stock on or after the 17th of July, you won’t be eligible to receive this dividend, when it is paid on the 1st of January. Gazprom’s upcoming dividend is […]
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Nifty trades near 11,600; media shares advance
Source: business-standard.com Key equity indices trimmed gains after hitting fresh intraday in mid-afternoon trade. The Nifty was trading near 11,600 mark. At 14:25 IST, the barometer index, the S&P BSE Sensex, was up 291 points or 0.75% at 38,848.84. The Nifty 50 index was up 94.95 points or 0.83% at […]
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Gold price hits all-time high in India after US Federal Reserve head’s dovish remarks
Source: financialexpress.com Gold prices hit an all-time high in India after the US Federal Reserve Chairman Jerome Powell indicated towards interest rate cut soon in a bid to shore up the economy in view of global slowdown concerns and trade worries with China and other countries. On Multi Commodity Exchange […]
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Commodity outlook: How oil, gold, base metals and agri commodities may trade in Tuesday’s session
Source: economictimes.indiatimes.com NEW DELHI: Gold prices slipped in futures trade on Tuesday, tracking the trend in overseas markets, while a fall in spot demand also weighed on. The yellow metal ticked lower in global markets as the dollar held near multi-week highs on reduced expectations of an aggressive rate cut […]
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Sentiment in gold market to remain dull
Source: thehansindia.com Hyderabad: Amidst clouds of uncertainty over China trade disputes, North Korea puzzle and economic sanctions on Iran, the New York gold remained volatile. The yellow metal finally closed at $1,398.71 (per Ounce). Silver followed suit and closed at $14.99 (per Ounce). Crude oil closed at Rs 3,933, platinum […]
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How oil, gold, base metals and agri commodities may fare today
Source: economictimes.indiatimes.com NEW DELHI: Gold prices climbed in futures trade on Friday, supported by positive global sentiment and an uptick in demand by jewellers at the spot market. Crude oilNSE -2.36 % also traded in the green even as global crude oil prices fell on Friday. Concerns over the outlook […]
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Gold prices shoot up today amid safe-haven buying
Source: livemint.com A weak US dollar and safe-haven demand sent gold prices sharply higher today in global markets, including India. Spot gold rose 1.1% at $1,433.50 per ounce, the highest in a week. Back in India, on MCX, gold futures for August delivery were up 1.1% to ₹34,416. Similarly, the […]
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Insider trading: Sebi slaps Rs 1.25 crore fine on former MCX director Hariharan Vaidyalingam
Source: .firstpost.com New Delhi: Markets regulator Sebi has imposed a fine of Rs 1.25 crore on former MCX director Hariharan Vaidyalingam for insider trading. “…it has been established in the present case that the Notice (Hariharan) being an insider sold the shares of MCX when in possession of the UPSI […]
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MCX completes first physical delivery of Nickel June contract
Source: economictimes.indiatimes.com MCXNSE 1.70 % has seamlessly completed the first physical delivery of its Nickel June 2019 contract. A settlement has been concluded today for a quantity of 85.50 MT (metric tonne). With delivery based Nickel futures now available, its stakeholders, primarily importers, exporters, SMEs, processors including stockists among others, […]
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MCX gold open interest spikes to 25 tonne as volatility spirals
Source: economictimes.indiatimes.com Kolkata: The rising volatility in gold prices has prompted hedgers to use MCXNSE -0.16 % futures platform, so much so that the open interest in gold on MCX breached 25 metric tonnes (MT) and was at 25.4 metric tonnes on June 25 when gold prices hit a 6-year […]
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Gold futures down 0.86% at Rs 34,221 per 10 gram in evening trade
Source: moneycontrol.com Gold prices were trading lower by Rs 345 at Rs 34,221 per 10 gram in evening trade on June 26 after traders cut positions on weak overseas trend and comments from the US Fed officials. The retail price of gold was Rs 34,060 per 10 gram excluding GST […]
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Russia stocks lower at close of trade; MOEX Russia down 0.31%
Source: investing.com Russia stocks lower at close of trade; MOEX Russia down 0.31% Stock Markets19 hours ago (Jun 25, 2019 01:00PM ET) © Reuters. Russia stocks lower at close of trade; MOEX Russia down 0.31% © Reuters. Russia stocks lower at close of trade; MOEX Russia down 0.31% Investing.com – […]
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Precious Metals: Gold, silver futures surge on firm global cues
Source: economictimes.indiatimes.com New Delhi: Gold prices rose 0.53 per cent to Rs 34,347 per 10 gram in futures trade Monday as traders raised bets amid positive cues from domestic market. Gold to be delivered by August was trading higher by Rs 180, or 0.53 per cent, to Rs 34,347 per […]
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Commodity outlook: How oil, gold, base metals and agri commodities may trade in Monday’s session
Source: economictimes.indiatimes.com NEW DELHI: Gold prices climbed in futures trade on Monday, taking support from the weakness of rupee while a volatile equity market boosted the appeal of gold as a safe-haven asset. An uptick in demand by jewellers at spot market and positive global sentiment, too, pushed gold prices […]
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Gold gets (record) high, touches Rs 33,895/10 gms
Source: dnaindia.com After simmering for about a month, gold prices rocketed on Friday to touch a record high: Standard gold rose 1% to touch Rs 33,895 per 10 grams in Mumbai’s Zaveri Bazaar market. In the international market, prices soared to $1405 per ounce but slipped to $1397 per ounce […]
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