Commodities

MCX Gold

26350.0
Net Change
-267.0
Open
26610.0
High
26798.0
Low
26350.0
Times
06/05 21:13
Data as of8:13am IST (Delayed at least 20 minutes).

International Gold

1,167.10
Net Change
+4.10
Open
1,163.90
High
1,168.70
Low
1,163.80
Times
07/03 21:40
Data as of8:13am IST (Delayed at least 20 minutes).

MCX Silver

35597.0
Net Change
162.0
Open
35455.0
High
35725.0
Low
35397.0
Times
07/03 23:29
Data as of8:13am IST (Delayed at least 20 minutes).

International Crude

60.55
Net Change
-1.52
Open
61.73
High
62.06
Low
60.12
Times
07/03 22:59
Data as of8:13am IST (Delayed at least 20 minutes).

Gold Market Report

PRECIOUS-Gold rebounds as dollar dips, focus on Greek vote

LONDON, July 3 - Gold prices firmed on Friday, rebounding from a 3-1/2-month low as the dollar softened, while investors remained cautious ahead of Greece's referendum on an international bailout deal.

PRECIOUS-Gold rebounds as dollar dips, focus on Greek vote

* U.S. markets shut on Friday (Updates prices, adds comment)

PRECIOUS-Gold firms above 3-1/2 month low after sluggish U.S. jobs data

* Gold firms as dollar dips after U.S. nonfarm payrolls * Metal still headed for weekly drop of 0.6 pct * U.S. markets shut on Friday, focus on Greek referendum (Updates prices) By A. Ananthalakshmi SINGAPORE, July 3 - Gold ticked up above a 3-1/2 month low on Friday, as sluggish U.S. jobs data tempered expectations for a September rate hike by the Federal Reserve and hurt the dollar. Spot gold gained 0.2 percent to $1,168.26 an ounce by 0243 GMT. The metal fell t

PRECIOUS-Gold firms above 3-1/2 month low after sluggish US jobs data

SINGAPORE, July 3 - Gold was steady above a 3-1/2 month low on Friday, as sluggish U.S. jobs data tempered expectations for a September rate hike by the Federal Reserve and hurt the dollar. FUNDAMENTALS * Spot gold was steady at $1,167 an ounce by 0053 GMT. The metal fell to $1,156.85 on Thursday, its lowest since mid-March, but pared some losses after U.S. economic data. * For the week, bullion is still down 0.7 percent, its second straight weekly loss. * Data on

PRECIOUS-Gold above 3-1/2 month low after U.S. jobs data

* Market monitors Greek debt crisis (Updates prices, adds comment)

Ecuador's Correa laments protests ahead of Pope's visit

QUITO, July 4 - On the eve of Pope Francis' arrival, Ecuador's President Rafael Correa lamented on Saturday "cowardly" anti-government protests which he said were intended to spoil the first leg of the pontiff's tour of his home region.

Hillary Clinton hopes for 'strong verifiable deal' with Iran

GLEN, N.H., July 4 - U.S. Democratic presidential candidate Hillary Clinton said on Saturday that even if a deal is reached with Iran over its nuclear program, Tehran's "aggressiveness will not end" and it will remain a principal state sponsor of terrorism.

Tanzania resumes debate on energy bill after suspending opposition MPs

DAR ES SALAAM, July 4 - Tanzania's parliament resumed debate on Saturday on a contentious and long-delayed petroleum bill, after the speaker suspended around 40 opposition lawmakers for disrupting an earlier session.

UPDATE 3-Despite progress in Iran nuclear talks, dispute over UN sanctions persists

VIENNA, July 4 - Iran and world powers made progress on future sanctions relief for Iran in marathon nuclear talks on Saturday, but remained divided on issues such as lifting United Nations sanctions and the development of advanced centrifuges.

Iran's oil ministry to submit new international contract draft 'soon' -Shana

DUBAI, July 4 - Iran's oil minister Bijan Zanganeh will soon present a long-awaited template for new international oil contracts to the government, as foreign companies watch for a nuclear deal that could allow them into a major untapped market.

Markets

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Sensex 28,092.79 + 146.99 +0.53%
Nikkei 20,539.79 + 17.29 +0.08%
Hang Seng 26,064.11 -218.21 -0.83%
EUR/INR 70.452 -0.01%
USD/INR 63.401 --
GBP/INR 98.748 +0.05%
Gold 1,167.10 +4.10 +0.35%
Oil 55.52 -1.41 -2.48%
Corn 420.00 +6.25 +1.51%

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China economic reforms may result in $14.4 trillion GDP, growth at 6 percent – Asia Society report

23 Oct 2014

Sweeping economic reform initiated by China President Xi Jinping in November 2013 marked a turning point for the world's second biggest economy. If implemented fully, China's potential GDP growth can be sustained at 6 percent through 2020. One risk: Falling short of that growth rate could result in growth at half that projection, or worse, leading to a new economic crisis, according to a new study.