FAO forecasts 2020 world wheat output at around 763 million tonnes

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FAO’s forecast for 2020 world wheat production points to an output of roughly 762.6 million tonnes, a comparable level to the 2019 production which, if materialized, would be the second highest on record. The UN food agency said smaller harvests are expected in the European Union, North Africa, Ukraine and the United States of America. These declines will […]

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World Gold Council and MMTC-PAMP launch India’s first ‘Precious Metals Assay and Training Institute’

The World Gold Council and MMTC-PAMP India Pvt. Ltd. have jointly launched the ‘Precious Metals Assay and Training Institute’ (PMATI) to develop a new generation of skilled assayers. The initiative is a world class training facility that will establish assaying as a certified qualification and career in India, and will directly enhance the integrity of gold […]

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SEBI proposed as regulator for India’s spot commodity exchanges for gold, metals

Spot commodity exchanges for gold, metals and even energy products like natural gas could come under the Securities and Exchange Board of India (SEBI) for regulation. The move has been recommended by a committee appointed by the finance ministry under NITI Aayog member Ramesh Chand, which also suggests that the “existing institutional infrastructure of commodity exchanges may […]

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