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May 24, 2013
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rice
Gold price spurts Rs 680 to regain Rs 27K-level
Gold of 99.9 and 99.5 percent purity rebounded by Rs 680 each to Rs 27,050 and Rs 26,850 per ten grams respectively.
Gold price today: Latest updates
Gold for delivery in June slipped by Rs 48 to Rs 26,040 per ten grams after hitting an intra-day high of Rs 26,255. Yesterday the contract was closed at Rs 26,088.
Gold futures recover on global cues
Gold prices recovered by Rs 70, or 0.27 percent to Rs 26,274 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.
Govt can take more steps, if needed, to curb gold imports: FM
Worried over widening current account deficit (CAD), the government Monday indicated that it could take more steps to check gold imports.
Gold hits 21-month low; silver at its weakest in over 2 years
Gold on Monday fell to its lowest level in 21 months and silver hit a 31-month low on heavy sell off by stockists, taking weak cues from overseas.
Oil Min proposes gas price hike to $6.7
ONGC/OIL and RIL currently get USD 4.2 per million British thermal unit as the price of natural gas.
Gold prices fall by 1.54% in futures trade
Gold prices on Monday fell by Rs 399, or 1.54 percent, to Rs 25,556 per ten grams in futures trade in line with weak overseas trends.
Gold price tanks 4.58% for week; closes at Rs 26,120
Gold resumed sharply lower at Rs 27,045 and slumped further to finish at Rs 26,120 from preceding weekend's level of 27,375, showing a steep fall of Rs 1,255, or 4.58 percent per 10 grams.
New drug policy a welcome move for consumers: Pharma cos
The new drug price control policy that has recently been notified is likely to be a boon for consumers as it will put an end to the "arbitrary" pricing regime and bring down medicine prices, say pharma sector players.
Agri Min proposes Rs 60/quintal hike in paddy MSP for 2013-14
In view of surplus rice stocks, the Agriculture Ministry has proposed a hike of Rs 60 in support price of paddy at Rs 1,310 per quintal for 2013-14.
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