Budget 2021: Finance Minister Nirmala Sitharaman announced that the custom duty on gold and silver will be rationalised to bring them closer to previous levels. The move will reduce the prices of the precious metals.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Silver Prices Spiked After Demand for Bars And Coins
Silver prices spiked after retail sites were overwhelmed with demand for bars and coins at the weekend. Comments on Reddit forum r/WallStreetBets suggested people buy exchange-traded funds linked to the metal because prices have been kept artificially low.
Gold Market Investors Waited for U.S. Stimulus Package
Gold Market Investors : Gold prices were steady on Friday as investors waited for developments around a U.S. stimulus package, although the metal was on course to post a weekly and monthly decline hurt by a stronger dollar.
Bullion Commodity Prices Rise at Fastest Rate Since 2011
Commodity prices are rising rapidly as the manufacturing side of the global economy bouncesback fromthe first wave of the coronavirus epidemic and lockdowns last year.
Gold Price Trades in Red Today; Buy on Dips for Target 49300——49700
Gold Price Today : India Gold MCX February futures traded flat on Wednesday with a negative bias tracking muted trend seen in the international spot gold prices.
Gold Rate Today: सोने चांदी की कीमत में आई उछाल
Gold Rate Today: सोने चांदी की कीमत में आई उछाल, घरेलू सर्राफा बाजार में सप्ताह के पहले कारोबारी दिन सोमवार को सोने की MCX कीमत में गिरावट दर्ज की गई। एचडीएफसी सिक्युरिटीज के अनुसार, राष्ट्रीय राजधानी दिल्ली में सोमवार को सोने के हाजिर भाव में 141 रुपये की गिरावट दर्ज की गई।
Gold Prices falls over 1%, pinched by firm dollar but on course for weekly gain
Spot gold prices fell 1% to $1,851.50 per ounce by 10:10 a.m. EST (1510 GMT), retreating from a two-week high hit on Thursday. The metal was up 1.4% so far this week.