Latest News Indian commodities market, world commodities market, Commodity Exchanges, NCDEX, MCX, NMCEIL
Govt to launch next tranche of Sovereign Gold Bonds from October 24

Ahead of Diwali, the government will launch on October 24 the sixth tranche of Sovereign Gold Bonds (SGB) scheme, in which people can buy securities worth up to 500 grams.

Dealers were charging up to $2 an ounce over official domestic prices, the first time premiums have been seen since mid-January, said Bachhraj Bamalwa.
Gold fell for a ninth straight session on Friday on a stronger dollar ahead of key US jobs data and the metal was headed for its worst weekly dip in nearly a year.
OPEC agreed to limit its production to a range of 32.5-33.0 million barrels per day (bpd) in talks held on the sidelines of an energy conference in Algeria.
Spot gold dropped 0.2 per cent to $1,334.41 an ounce by 0411 GMT; but was on track for a weekly gain of nearly 2 per cent, the highest since end-July.
Best Bschool