Commodities-Markets-The Economic Times

News on Commodity, Commodity Prices, Commodity Exchanges MCX, NCDEX, NMCE. News on Commodity Spot Rates & Commodity Futures and Derivatives.

Yellow metal’s shining start to 2017 suggests rally coming to an end soon

Equity investors have long done well by the seemingly dumb formula of "sell in May and go away." Their counterparts in gold might not want to wait so long.
Posted: February 24, 2017, 5:31 pm
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Higher gold prices in Asian countries keep buyers at bay

Traders said both retail buyers and jewellers were hesitating to chase higher prices in India, the world's second-largest consumer of the metal.
Posted: February 24, 2017, 4:11 pm
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Oil prices fall as US crude inventories rise further

US crude stocks rose by 564,000 barrels in the week to Feb. 17, according to the Energy Information Administration (EIA), although the gain was below analysts' expectations for an increase of 3.5 million barrels.
Posted: February 24, 2017, 3:31 pm
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Gold climbs to 3.5 month high amid political worries

Spot gold was up 0.4 per cent at $1,254.10 per ounce at 0809 GMT, after touching its highest since Nov. 11 at $1,254.31 earlier in the session.
Posted: February 24, 2017, 2:42 pm
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Saudi Aramco's valuation could be cut drastically and puncture Saudi dreams of a killing

Industry executives, analysts and investors said their analysis suggests Aramco is worth no more than half, and maybe as little as a fifth, of that amount.
Posted: February 24, 2017, 11:38 am
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Gold regains sheen on global cues, wedding demand

Bullion traders attributed the recovery in gold prices to a firm trend overseas amid increased buying by local jewellers to meet ongoing marriage season demand.
Posted: February 23, 2017, 3:06 pm
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India's rubber imports drop 39% YoY in Jan as prices rally

The country's production in the month jumped 27 percent to 66,000 tonnes from a year ago as farmers increased tapping to cash in on the price rally, the board said in a statement.
Posted: February 23, 2017, 1:53 pm
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Here’s why copper prices swung wildly when almost no one was trading

For half an hour, copper zigzagged by almost $100 on the LME. Over 2,200 contracts traded between 6 pm and 6.35 pm, the most for that time of day since 2012.
Posted: February 23, 2017, 12:29 pm
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Crude oil rises after report shows drop in stockpiles

Brent crude was up 48 cents, or 0.8 percent, at $56.32, although both benchmarks were still well within recent tight ranges.
Posted: February 23, 2017, 11:53 am
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Gold trades higher post Fed minutes; silver flat

SPDR Gold Trust GLD, the world's largest gold-backed exchange traded fund, said its latest holdings stood at 841.17 tonnes, remain unchanged from previous business day.
Posted: February 23, 2017, 11:10 am
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