Commodities

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India's 2016 gold demand seen falling to lowest level in 7 years: World Gold Council

India's gold demand in the first three quarters of 2016 fell 29 percent from a year ago to 441.2 tonnes.

Nov 8, 2016

Oil prices

Oil prices bounce after OPEC reaffirms plan to cut output

Barclays bank said there was little to no agreement among producers about who would cut how much.

Nov 7, 2016

oil prices

Oil prices fall for fourth day after stockpile build

The American Petroleum Institute said crude stockpiles increased by 9.3 million barrels in the week to Oct. 28.

Nov 2, 2016

Crude Oil prices

Oil falls as non-OPEC yet to pledge concrete output steps

Russia expects to increase its oil output by 0.7 percent next year and a further 0.9 percent in 2018.

Oct 31, 2016

Platinum sales

Platinum, diamond preferred over gold this festival season: Assocham

Demand for diamond jewellery is estimated to have grown by 30-35 percent year-on-year this season.

Oct 28, 2016

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Saudi oil minister Khalid al-Falih delivers mild shocker to India

Khalid al-Falih says the "current cycle" of falling crude prices is almost ending, spelling disaster from inflation viewpoint for India.

Oct 24, 2016

oil prices

Oil prices stable as strong dollar weighs, tighter market looms

Crude prices fell over 2 percent the previous session on the back of the soaring dollar.

Oct 21, 2016

Crude Oil prices

Oil prices dip after strong rally, but sentiment remains confident

The overall mood in oil markets remained confident, with most analysts expecting further increases.

Oct 20, 2016

Crude Oil prices

Oil prices fall on rise in US drilling, strong dollar

Traders said that WTI was pulled down by another rise in U.S. oil drilling activity.

Oct 17, 2016

Crude Oil prices

Oil prices edge up on tighter US fuel market

Traders said the U.S. price rise was due to a tightening fuel market.

Oct 14, 2016

Crude Oil prices

Oil prices fall on higher OPEC output, rise in US crude stocks

Traders said oil markets had come under pressure after OPEC reported a rise in production.

Oct 13, 2016

Crude Oil prices

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Traders said prices were dented by the latest rise in Iranian crude and condensate sales.

Oct 4, 2016

Oil pump jack in Russia

Oil prices fall on high production despite planned OPEC output cut

OPEC's oil output is likely to reach 33.60 million bpd in September from a revised 33.53 million bpd in August.

Oct 3, 2016

Oil prices

Oil rises close to $50/bbl; doubts on OPEC plan cap gains

OPEC officials said their plan will remove around 700,000 bpd from the market.

Sep 30, 2016

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India approves options trading in commodity markets

Regulator Sebi says details would be provided at a later date.

Sep 28, 2016

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