Gold prices finished 0.6% higher at the end of the first half of 2022, closing at US$1,817/oz, the World Gold Council (WGC) said in its mid-year outlook, adding that it saw inflation, political risks and interest rate hikes as key headwinds in the remaining months of the year. “The gold price initially rallied as the Ukraine war […]
After rallying by 4.8 per cent in a day, with its price touching Rs 54,850 per kg in Mumbai’s spot market on Tuesday, silver seems to be becoming the new gold. On the MCX, September futures are trading above Rs 57,000 per kg. Since March-end, silver has given 39 per cent return to investors as against gold’s […]
The National Commodity & Derivatives Exchange (NCDEX), India’s largest agri-centric commodity futures trading platform, is planning to launch first of its kind a tradable composite agri index “Agridex” by the end of May which will be open for retail and institutional participants to hedge risk in the underlying commodities. The cash-settled Agridex will comprise 10 leading […]
