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Freak weather patterns in the United States, including drought conditions in Texas, are affecting the price of cotton, signaling fears that clothes are about to get more expensive. On Monday, [...]

Will Gold price touch Rs 50000 level? All the details you need to know now © Provided by Zee Business Gold price: Commodity Editor and Anchor at Zee Business Mrityunjay Jha said that Gold is trading above Rs 47000. Leading a panel of distinguished names, Jha said they were gathered for the show on Tuesday to see when gold price may touch the Rs 50000-mark. The basis for the discussion were reports of top brokerage houses on the issue. Decision of the poll conducted is highlighted below: IIFL Securities and Kedia Commodity said that they expect Gold prices to touch Rs 50000 mark in next 4 mo...

Quality concerns, high demand spice up turmeric prices January 29, 2021 Rutam Vora High domestic and export demand, coupled with fears of lower output, have fuelled turmeric prices. Turmeric futures on NCDEX have jumped by over 10 per cent over the last month. April Futures quoted at ₹6,550 on Friday after hitting a high of ₹6,620. The prices are about 9 per cent higher when compared with the same period last year. Analysts expect turmeric prices to stay firm on strong demand, both locally and in the export market. Speaking to Businessline, Ajay Kedia, Director at Kedia Commodity, said ...

Base metals and gold, too, join the Sensex party January 21, 2021 Recovery in industrial activities and safe-haven status stoked the rally Even as the BSE Sensex briefly breached the 50,000-mark on Thursday yielding nearly 100 per cent gains for the investors from its March lows, commodities, too, created a positive momentum to emerge as strong companions to equities. The disruptions from Covid-19, while posed uncertainty about future, did also prompt governments to extend monetary and fiscal support to the economy. This, according to analysts, triggered a collective rally in equities, bullio...