Gold futures retreat 0.51%, in line with global trend

Last Updated: Tuesday, May 26, 2015, 13:11

Gold prices for delivery in June contracts fell by Rs 138, or 0.51%, to Rs 27,023 per 10 grams in business turnover of 3,439 lots in futures trading at the Multi Commodity Exchange.

FMC rejects appointment of Balasubramaniam as MCX chief

Last Updated: Friday, May 22, 2015, 22:07

Commodity markets regulator FMC has rejected the appointment of Balasubramaniam Venkataramani as MD and CEO of MCX, after it found that the exchange did not follow the applicable guidelines in this regard.

Gold futures edge higher on global cues

Last Updated: Friday, May 22, 2015, 12:15

Gold prices rose by Rs 76 to Rs 27,421 per 10 grams in futures trade on Friday.

NBFCs can refer to price on bourses for lending against gold

Last Updated: Thursday, May 21, 2015, 20:27

The Reserve Bank on Thursday allowed Non-Banking Financial Companies (NBFCs) to use gold price at commodity exchange to determine the value of the metal for purpose of advancing loans against it.

Gold futures slide on weak global cues

Last Updated: Wednesday, May 20, 2015, 11:15

Market analysts said the fall in gold futures is mostly attributed to trimming of positions by speculators, tracking a weak trend overseas.

FMC nods appointment of 2 independent directors on MCX board

Last Updated: Tuesday, May 19, 2015, 23:04

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

Silver futures decline by Rs 319 on global cues

Last Updated: Tuesday, May 19, 2015, 11:30

Globally, silver dropped 1.2 percent to USD 17.50 an ounce in Singapore today.

Crude oil futures firm up on overseas cues

Last Updated: Tuesday, May 19, 2015, 11:24

WTI crude prices for June delivery rose 6 cents to USD 59.49 while Brent crude for July eased 14 cents to USD 66.13 a barrel in late-morning trade on the New York Mercantile Exchange.