Commodity

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08-Aug-2020   08:13 Hrs IST Crude oil futures settle lower with notable losses amid demand worries <P align=justify>Crude oil futures settled lower for second straight session on Friday with notable losses amid concerns about outlook for energy demand following reports showing spikes in coronavirus cases in several parts across the world. According to reports, there are signs of a second wave of coronavirus infections emerging in Europe after data showed an uptick in cases in some countries, including Spain, Belgium and Luxembourg.&nbsp; Also, reports that talks between White House officials and Democratic leaders over a new coronavirus relief bill fell apart as the parties remained divided on key issues, including the quantum of money to be spent. Meanwhile, a report from Baker Hughes said the number of U.S. oil rigs fell by 4 this week to 176.<P align=justify>Crude oil futures for September fell 73 cents or 1.7 percent to settle at $41.22 a barrel on the New York Mercantile Exchange. October Brent crude declined 69 cents or 1.5 percent to settle at $44.40 a barrel on London's Intercontinental Exchange. <BR>
07-Aug-2020   15:20 Hrs IST Gold futures trade up on MCX <p align="justify">Gold futures traded higher on MCX on escalation in US-China tensions and worsening pandemic. However, bounce back of dollar kept the gains in check.<br></p><p align="justify">The contract for October delivery was trading at Rs 55870.00, higher by 0.04% or Rs 25.00 fom its previous closing of Rs 55845.00. The open interest of the contract stood at 16570 lots.<br></p><p align="justify">The contract for December delivery was trading at Rs 56053.00, higher by 0.07% or Rs 38.00 from its previous closing of Rs 56015.00. The open interest of the contract stood at 1237 lots on MCX.<br></p>
07-Aug-2020   15:09 Hrs IST Crude palm oil futures trade lower on profit booking
07-Aug-2020   14:59 Hrs IST Chana futures surge on firm demand
07-Aug-2020   14:31 Hrs IST Soybean futures trade lower on sluggish demand
07-Aug-2020   14:23 Hrs IST Nickel futures trade lower on falling demand
07-Aug-2020   14:19 Hrs IST Mentha oil futures decline on weak demand
07-Aug-2020   12:16 Hrs IST Coriander futures trade higher on fall in arrivals
07-Aug-2020   12:15 Hrs IST Copper futures trade lower as demand dips
07-Aug-2020   12:06 Hrs IST Cotton futures trade lower on improved sowing