Mahalakshmi@fastura.com

Today’s gold prices will remain range-bound due to US Fed minutes and inflation data

On Wednesday, gold prices inched down on worldwide markets as investors anticipated U.S. Federal Reserve minutes and significant inflation data for cues on the timing of future interest rate hikes. spot gold was trading at $1,663.60 per ounce, down 0.1 percent from its one-week low set on Tuesday. At $1,673.30, U.S. gold futures were down…

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Rice procurement has increased by 20% so far during the Kharif season

Early indications suggest that paddy procurement would increase during the current Kharif marketing season, and the Center anticipates that foodgrain procurement by the Food Corporation of India (FCI) and other agencies will surpass levels from the previous year. “Paddy procurement is expected to be completed by Kharif. Paddy will be added, totaling 900 lakh tonnes….

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