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GOLD/COMMODITIES

Getting Started:
A commodity is any good which has a demand and which is supplied without qualitative differentiation across a market. It is fungible, i.e. it's the same no matter who produces it. Generally, these are basic resources and agricultural products. It can be agro-commodities such as sugar; metals such as copper; precious metals like gold or energy commodities, which includes power, gas, coal and oil. These are traded in spot and futures markets.

CHIRAG MEHTA, QUANTUM MUTUAL FUND
The price action in gold was largely focused on the US Fed policy. Initially, the markets geared for a rate hike pressuring gold lower. Whereas the Fed overwhelmingly voted to keep READ...
STAFF REPORTER
Gold demand hit a six-year low in the second quarter, a World Gold Council report showed on Thursday, as sluggish price movement and the prospect of better returns in equities curb READ...
CHIRAG MEHTA, QUANTUM MUTUAL FUND
The People’s Bank of China (PBOC) weakened its currency dramatically for two consecutive days. The official comments are China is not waging a currency war; merely fixing a discr READ...
CHIRAG MEHTA, QUANTUM MUTUAL FUND
July proved to be a nightmare for the commodities complex in general. Gold prices also declined significantly losing almost $77 or 6.5 per cent during July alone; in rupee terms 10 READ...
SONAL VARMA, ECONOMIST, NOMURA INDIA
The government as part of its February budget announced two schemes to reduce gold imports: a gold monetisation scheme (GMS) and a sovereign gold bonds (SGBs) scheme. While the dra READ...
STAFF REPORTER
There has been an unprecedented five-time jump in cases of gold smuggling in 2014-15 over 2012-13 during which yellow metal worth Rs 1,120 crore was seized, notwithstanding easing READ...
STAFF REPORTER
Riding high on positive global cues and increased buying by jewellers at spot markets, gold continued its upward trend for the third straight day and gained another Rs 100 to Rs 27 READ...
STAFF REPORTER
Snapping its three-day falling streak, gold recovered from over six-week low by gaining Rs 80 at Rs 27,030 per 10 grams in the national capital on Monday on emergence of buying by READ...
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