Gold prices fell 0.22% to $98,769, pressured by a stronger US dollar and Fed signals. While noting continued economic uncertainty, the Fed report emphasized strong inflation and low unemployment. In June, Swiss gold exports to the UK rose 44% to 83.8 metric tons, a sign of growing investor interest in Western vaults. But for the…
Turmeric prices have declined by 1.6% to 12,772, driven by increased acreage and favorable monsoon conditions. Daily turmeric arrivals have increased to 13,660 quintals, indicating increased availability in key markets. However, quality concerns and lower productivity forecasts limit the downside in prices. Production is not expected to increase proportionately, as untimely rainfall may affect yields….
Jeera (cumin) prices fell by around 5% in July 2025 and ended at ₹18,970 on NCDEX. The decline was due to weak exports, especially as buyers in Bangladesh and the Gulf did not place fresh orders. In India too, buyers were waiting for clear price trends before buying. Jeera exports declined by 27% to 42,925…
Jeera prices rose by 0.75% to ₹18,810 after a recent decline. The previous decline was due to low demand from both the domestic and export markets after the end of the retail season. Traders say there is adequate supply and inventory, which has also brought down prices. Only 3–4 lakh bags of jeera are expected…
Natural gas prices rose by 2.09% to reach 273.3, driven by weather forecasts and geopolitical developments. Persistent heat in key US regions, coupled with the President’s acceleration of the Ukraine ceasefire deadline for Russia, has boosted air conditioning use and power sector gas consumption. Despite rising prices, supply remains robust, with average output in the…
Gold prices fell 0.28% to 97,545 as the US dollar strengthened after the US-EU trade deal. At the same time, the US imposed a 15% tariff on some European goods. This increased demand for the dollar and lowered gold prices. In June, Swiss gold exports rose 44% to their highest level since March, with large…
Malaysian palm oil futures rose to MYR 4,260/tonne for the first time in three sessions, driven by a softer ringgit and higher Dalian soyoil prices. Indian imports reached an 11-month high in June, driven by Diwali stockpiling. Exports fell 9.2%-15.2% in the July 1-25 period, limiting gains. However, Malaysian 2025 production is expected to rise…
Silver prices fell by 1.81% to 1,13,052, due to improved global trade sentiment and positive developments in trade negotiations. The Federal Reserve is expected to keep rates unchanged due to inflation risks. Investment trends in silver remain mixed, with European retail investment recovering but Indian retail investment showing resilience. The silver market is projected to…
Jeera (cumin) prices fell 1.93% on Wednesday to close at ₹18,790. This happened as domestic and international demand weakened after the shopping season ended. Farmers currently have about 20 lakh bags, but only 3-4 lakh bags are expected to be sold by the end of the season. This means that about 16 lakh bags will…
Uttar Pradesh is experiencing a significant increase in the cultivation of oilseeds and pulses during the Kharif season. The Agriculture Department reported a 547.14 thousand hectare increase in the total area under oilseed crops in 2025, with the most significant increase in sesame cultivation. Groundnut and soybean cultivation also expanded, with pigeon pea (arhar) being…
