First bullion bourse tries to shine

High gold prices, a lack of participant interest, and inadequate liquidity, according to traders, have made trading on Indian International Bullion Exchange (IIBX), the country’s first international bullion platform, lackluster. Beginning in July, IIBX is operating out of the International Financial Services Centre (IFSC) building in Gandhinagar’s Gujarat International Finance Technology City (GIFT City). Given…

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Central government is asked to invest money in the coffee co-operative

As prices fluctuate during the current harvest, struggling coffee growers believe that now is the ideal time for the Center to strengthen the only multi-state co-operative Coffee Marketing Co-operative Ltd (COMARK) by providing financial support to the growers’ organization to engage in market intervention activities. Farm gate coffee prices have decreased by approximately a fifth…

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Copper prices increase as China reopening optimism cause gold prices to decline

On Monday, gold prices barely changed as markets processed a barrage of hawkish central bank signals and rising recession concerns, but copper prices recovered some of their recent losses thanks to expectations of a Chinese economic recovery. The Federal Reserve and the European Central Bank both warned that interest rates are likely to rise higher,…

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FPI sold shares at Rs 1975.44 crore, and DII purchased shares worth Rs 1542.5 crore on December 16, 2022, according to FII DII data.

According to information available on NSE, foreign institutional investors (FII) sold shares worth a net of Rs 1975.44 crore on Friday, December 16, 2022, while domestic institutional investors (DII) bought shares worth a net of Rs 1542.5 crore. FII sold shares worth a net of Rs 7,490.05 crore during the month of December up till…

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