December 27, 2023 01:18 PM ISTIn the realm of commodities, iron ore prices have surged to an 18-month peak, reaching $140 per tone. China remains the dominant force, constituting 70% of the world's demand. Strong requirements in shipping, machinery, automobiles, and infrastructure are fueling this trend. Catch Manisha Gupta as she provides comprehensive insights on today's #Commodities Corner.
December 26, 2023 01:20 PM IST Alumina prices hit record highs; Gained 7% on Friday to $446/tonne. Copper at 4 mth high on firm physical demand. Mine supply issues in Latin America. Catch Manisha Gupta in conversation with Nishant Kumar, Technical Analyst, N K Charts
December 22, 2023 01:11 PM IST India will allow the import of edible oils at lower import tax rates until March 2025, as the world's biggest importer of vegetable oil moves to keep a lid on local prices. The lower import duty structure on crude palm oil, crude sunflower oil and crude soy oil was originally set to expire in March 2024. However, as per the order, refiners can now continue to import at lower duties until March 2025. Catch Manisha Gupta with more details
December 21, 2023 01:37 PM IST Both gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) on Thursday, December 21, 2023. Gold futures, maturing on February 5, 2024, stood at Rs 62,485 per 10 grams on the MCX, after recording a marginal hike of Rs 70 or 0.11 per cent. Similarly, silver futures, maturing on March 5, 2023, also witnessed a jump of Rs 14 or 0.02 percent and were trading at Rs 75,517 per kg on the MCX. The gold and silver prices in India depend on several factors, including the value of the rupee against the dollar. Global demand also plays a key role in determining the trends observed in the rate of precious metals. Catch Manisha Gupta with more details.
December 20, 2023 01:21 PM IST Gold remains firm above USD 2,000 dollar mark on the back of a soft US-Dollar and lower US Yields.. Catch Manisha Gupta in conversation with Ajay Kedia, MD Kedia Advisory.
December 19, 2023 01:08 PM IST The Union government directed rice industry associations on Tuesday to ensure a reduction in the retail price of rice with immediate effect. The direction came after the Reserve Bank of India had flagged the rising price of rice by 12% year on year. Catch Manisha Gupta in a chat with Dr Prem Garg, National President, Indian Rice exporters federation.
December 18, 2023 01:21 PM IST The Reserve Bank of India (RBI) has unveiled the Sovereign Gold Bond (SGB) Scheme Series III for the fiscal year 2023-2024. This launch comes in response to the significant rise in gold prices, exceeding a 10 percent hike in 2023, which has defied expectations despite a challenging high-interest rate landscape. Catch Manisha Gupta in conversation with Surendra Mehta, National Secretary -IBJA
December 15, 2023 01:43 PM IST Metal prices are on the upswing, poised to finish the week strongly. This surge comes as the Federal Reserve indicates potential cuts to interest rates, signaling three expected reductions in 2024. Catch Manisha Gupta in conversation with Kunal Shah-Head of Commodities & Currencies, Nirmal Bang to know more.
December 14, 2023 01:46 PM IST Investor enthusiasm over the US Federal Reserve's dovish position sets the stage for a multi-year upswing in gold. Bullion saw a surge in response to the Fed's indication of three rate cuts in 2024. On the home front, gold and silver prices soared on December 14 in the MCX market. The secure-haven gold climbed by 2.3 percent, and silver shot up by 5 percent. Post the announcement, the dollar index plummeted, dipping below the 103 threshold, while the 10-year US Treasury yield slipped beneath the critical 4 percent mark. Catch Manisha Gupta in an exclusive conversation with Somasundaram, World Gold Council.
December 11, 2023 01:10 PM IST Catch Manisha Gupta in discussion with Surendra Mehta, National Secretary, IBJA
December 07, 2023 01:11 PM IST Catch Manisha Gupta in an exclusive conversation with Rahil Shaikh, Managing Director, MEIR as they discuss all about sugar prices on Commodity Corner today.
December 06, 2023 01:55 PM IST U.S. crude oil production set a record for the second month running in September, highlighting the challenge to Saudi Arabia and its OPEC⁺ partners as they cut their own production to boost prices. Crude oil prices hit a 5-month low and have declined 6% this week. Natural gas prices have also fallen 4% this week. Catch Manisha Gupta in an exclusive conversation with Kunal Shah-Head of Commodities & Currencies, Nirmal Bang as they discuss all about Crude and gold on Commodity Corner today.
December 05, 2023 01:30 PM IST In November, the prices of edible oils decreased as a result of increased production. Catch Manisha Gupta in conversation with Sandeep Bajoria - CEO, Sunvin group as they talk about edible oil prices.
December 01, 2023 01:21 PM IST In November, gold continued its upward trajectory, marking its second consecutive monthly gain and reaching a seven-month high. The month saw a 2.7% rise in gold prices, following a substantial 6.8% surge in October. Copper is also in fovus as it touches 10 week high.. Catch Manisha Gupta in exclusive conversation with Ajay Kedia , Director , Kedia Commodities
November 30, 2023 02:05 PM IST In 2022, the global Macadamia Nuts market stood at a substantial $1.58 billion, with estimations indicating a promising surge to $1.75 billion by 2023. These projections are fueled by various factors contributing to the allure of macadamias in the market. One of the primary reasons for the premium pricing of Macadamia Nuts is the restricted supply chain. Cultivating these nuts is a labor-intensive process, resulting in relatively lower availability compared to other nuts. Only 1% of tree nuts worldwide contribute to the production of this nut. Catch Manisha Gupta in exclusive conversation with Jillian Laing, CEO, WMO to know more
November 29, 2023 01:27 PM IST India’s steel demand is expected to grow at a Compound Annual Growth Rate (CAGR) of 7 percent to touch 190 million tonnes (MT) level by 2030. The demand will be largely fuelled by construction and infrastructure sectors, which contribute 60-65 per cent to the demand, the market research firm said. In 2030, India’s steel demand is projected to reach 190 MT based on a 7 percent CAGR. Catch Manisha Gupta in exclusive conversation with Dhruv Goel, CEO, Steelmint
November 24, 2023 01:10 PM IST India International Bullion Exchange (IIBX), India’s first bullion market exchange launched to launch Gold Futures In December. The trading platform will use dollar-priced trading so Indian investors can purchase assets to hedge against inflation and other financial risks. Catch Manisha Gupta and Ashok Gautam , MD and CEO -IIBX to know more.
November 22, 2023 03:23 PM IST Why Gold Prices Are Rising? Gold prices steadied in Asian trade on Wednesday after briefly touching key highs as the prospect of no more rate hikes by the Federal Reserve spurred continued flows into the yellow metal. Gold Prices have touched highest level since May.. Catch Manisha Gupta as she tells more about the precious metal and its surging price.
November 13, 2023 01:15 PM IST Commodity Corner | Should You Add Gold To Your Portfolio? Catch Manisha Gupta in conversation with Chirag Mehta of Quantum Mutual Fund to know more!
November 09, 2023 01:16 PM IST Commodity Corner | Global sugar prices are at a 12-year high. Sugar prices are up 37% this year so far and in India the prices are up 4% this year. Catch Manisha Gupta in conversation with Rahil Shaikh of Meir Commodities..
November 07, 2023 01:42 PM IST Watch Manisha Gupta in a conversation with Narinder Wadhwa, President - CPA live on Commodities Corner.
October 31, 2023 01:22 PM IST Commodity Corner | Crude prices fall 3% overnight ahead of the US Federal Reserve & Bank Of England monetary policy meetings. World Bank says, prices can touch $157 if supply is disrupted due to ongoing conflict. Catch Manisha Gupta in conversation with Dharmesh Bhatia as they discuss about key factors exerting pressure on crude.. #live #commodities #crudeoil
October 30, 2023 01:38 PM IST Commodity Corner | Gold prices held steady near the key $2,000 level, buoyed by safe-haven demand from an escalating Middle East conflict, as investors awaited the outcome from the U.S. Federal Reserve’s policy meeting this week. Catch Manisha Gupta in conversation with Chirag Sheth - MetalFocus as they discuss the recent trend and upsurge in Gold.
October 26, 2023 01:11 PM IST Commodity Corner | Gold prices gain on investment buying, up 1% this week and over 5% so far this month. Catch Manisha Gupta in conversation with Gautam Choksi, Founding Director of eBullion & Executive Director of Hindustan Platinum as they talk about Gold in today’s episode of Commodity Corner.
October 25, 2023 01:13 PM IST Commodity Corner | Sugar prices spike with Raw sugar futures at an 12-year high. Catch Manisha Gupta in an exclusive conversation with Praful Vithlani - Chairman , AISTA.
