Commodity exchanges eye revival under Sebi after modest 2015

Commodity derivatives market is likely to end the year 2015 with a modest turnover growth but hopes are high for a rebound in 2016 with expectations of new products and new investors being allowed in the new regulatory regime.

Gold rates on December 9: Latest updates

Gold rates on December 9: Latest updates

Zee Media Bureau

Gold prices recovered by Rs 65 to Rs 25,840 per 10 grams at Delhi bullion market Wednesday, tracking a firm trend overseas amid fresh purchases by jewellers for the ongoing wedding season.

Gold prices fall Rs 72 to Rs 25,275 per 10 grams

In futures trading, gold for delivery in December contracts was trading Rs 72 or 0.28 percent lower at Rs 25,275 per 10 gm in a business turnover of 904 lots at the Multi Commodity Exchange.

Gold will rebound only if long dollar trade is unwound

Gold will rebound only if long dollar trade is unwound

It is very likely that the day the Fed announces its first rate hike, gold will be in the green, provided the dollar long trade is unwound.

Gold price ticks up, but still below Rs 25,000-level in India

Gold prices moved up marginally by Rs 17 to Rs 24,912 per ten grams in futures trade Monday.

MCX reports Rs 34.26 cr loss in April-June

The exchange had reported a standalone net profit of Rs 23.40 crore in the same period of last year.

MCX to launch Gold Global futures contract

Multi Commodity Exchange of India (MCX) Monday said it will launch the Gold Global futures contract Tuesday.

Bombay High Court restrains MSEI from cancelling MCX warrants

In an interim order, the Bombay High Court has restrained Metropolitan Stock Exchange of India (MSEI) from cancelling or extinguishing warrants worth Rs 41.60 crore held by the commodity bourse MCX.

Gold advances on modest buying support; silver falls

Standard gold (99.5 purity) edged up by Rs 15 to finish at Rs 26,385 per 10 grams from Friday's closing level of Rs 26,370.

Gold slips on subdued demand amid global sluggishness

Standard gold (99.5 purity) fell by Rs 40 to settle at Rs 26,785 per 10 grams from Friday's level of Rs 26,825.

Gold at over two-week high on global cues, jewellers buying

Extending yesterday's rise, gold prices rose by another Rs 75 to trade at over two-week high of Rs 27,200 per 10 grams at the bullion market on Friday

MCX invites bid for sale of its warrants in MSXI

Shares of MCX rose marginally to close at Rs 986.70 on the BSE.

Gold falls Rs 320 this week

Gold suffered its biggest fall in nearly two-months on the back of heavy unwinding from jewellery stockists and savvy traders as well as lack of local buying support at existing levels.

Gold, silver extend gains on global cues, jewellers buying

In the national capital, gold of 99.9 and 99.5 percent purity moved up by Rs 70 each to Rs 27,340 and Rs 27,190 per ten grams, respectively. It had gained Rs 45 yesterday.

Gold hits 3-week low on subdued demand, global cues

In the national capital, gold of 99.9 and 99.5 percent purity fell by Rs 105 each to Rs 27,225 and Rs 27,075 per ten grams respectively. Its lowest level since May 7.

FMC nods appointment of 2 independent directors on MCX board

Commodity markets regulator FMC Tuesday approved the appointment of Arun Nanda and S K Mitra as independent directors on the board of MCX.

MCX wants Sebi nod to raise stake to 15% in MSXI

MCX has sought more time from Sebi to hold warrants totalling 58.25 crore.

MCX Q4 net profit rises 13% to Rs 49 crore

The shares of the exchange were trading up by 6.58% at Rs 1,122.25 apiece at 1130 hrs on the BSE.

BSE seeks clarification from MCX on CBI probe reports

The discreet inquiry could be turned into a regular case if the agency found prima facie evidence of any alleged irregularities.

CBI looking into role of regulator in MCX IPO

The sources said CBI is looking into the role of regulator FMC which has given some exemptions to the MCX before bringing its IPO.