Page 6 - Rajesh Bhayani

Trade in Mumbai goes into lockdown as Uddhav govt shuts offices, shops

On Friday, most shops were shut and the narrow streets empty.

Gold, silver remain volatile hitting price ratio at lifetime high of 121

The gold to silver price ratio was trading above 121, a lifetime high, indicating extreme weakness in silver

Brent crashes to 17-year low in global markets as analysts see free fall

Silver spot delivery at a huge premium: gold:silver ratio at a high of 121, indicating extreme weakness in silver

Gold plummets 3.1% in worst single-day fall since Nov 2015 on margin woes

Retail buyers stay away despite price fall; Silver sheds 5%

Crude oil and metals slide on global cues; cryptocurrencies crash

Doom sentiment in financial markets has hit crypto currencies. Bitcoin fell $1,000 in 15 minutes to trade at $6,000 level

Gold to silver ratio tests three-decade high, eyes 1991 level of 100

This ratio suggests how many ounces of silver can be bought with one ounce of gold

Gold zooms by Rs 2,000 in a week on coronavirus, silver up marginally

But the market is subdued with consumers making ony need-based purchases, such as for marriages

Supreme Court lifts curbs on cryptocurrencies, junks RBI circular

This has given a major relief to exchanges dealing in these crypto currencies

Will gold touch the 50,000 mark? Hopes rise after US Fed rate cut

In Mumbai's physical market on Wednesday, gold prices had risen after the US Federal Reserve announced one of its steepest cuts of 0.5 per cent in interest rate

Coronavirus scare: Sharp jump in gold price; silver nearly 50,000/kg

Funds rush to hedge in safe haven

Rebound short-lived? Recovery in commodity prices likely to be a blip

Experts see the real recovery may prove evasive if virus continues to spread

India's sugar production estimate revised upwards to 26.5 million tonnes

The industry's closing stock as at the end of September seen at 10 million tonnes

As coronavirus scare spreads, gem and jewellery exports may lose sheen

The gems & jewellery industry has estimated an additional loss of 5 per cent in its exports in the immediate term

Rebranding MCX on cards; plans afoot to introduce commodities: MD

"We had vibrant potato futures earlier and we are working on its reintroduction," says MD and CEO P S Reddy

Gold demand in India down 18% in Q3; revival hinges on Budget measures

This quarter was crucial because of a fall in demand in the Diwali days in the year-ago equivalent period. However, that failed to boost numbers because of high prices, weak consumer sentiment

Tougher norms for high-value gems and jewellery transactions on cards

Preliminary discussions have taken place, said an informed source. Aadhaar is considered better for this purpose than the idea of a PAN (income tax) number

RBI buys gold for forex reserves after 5 months, now holds 625 tonnes

The RBI buys gold to hedge the government's sovereign gold bond issue, launched in November 2015

Stock of imported edible oil in pipelines, at ports falls to multi-year low

According to data from the Solvent Extractors' Association of India (SEA), the stock of edible oils as on January 1, 2020, at various ports fell to an estimated 860,000 tonnes

In a major reform, Sebi allows stock exchanges to launch 'options on goods'

Sebi has also permitted exchanges to allow option on goods and options on futures with the same underlying commodities simultaneously

BIS notifies good delivery norms for gold, silver and 31 other items

Unlike earlier, gold and silver meeting the Indian standards could now be delivered on exchanges like MCX which deal in their derivatives