Gold Silver Reports → Jeera settled up by 3.69% at 15020 on rising demand from stockists and traders at the spot market. Though, Good weather conditions for cumin crop in Gujarat and limited export demand, capped some gains. Jeera supply reported lower in the Unjha spot market as new arrivals started lower quantity. Sources revealed that, Jeera sowing is delayed by 20 – 25 days in Gujarat as a result new Jeera crop arrivals will delay compared to normal arrivals time.
Ncedx / Mcx
Get commodity future prices for Silver from MCX, NCDEX, NMCE. Get live commodity Market Price, Silver futures prices from Gold Silver Reports. INDIA
NCDEX Jeera Positive, Support at 14760 Levels
NCDEX Jeera Positive, Support at 14760 Levels
Gold Silver and Metals Prospects Bright in 2016
Gold Silver Reports ~ Gold Silver and Metals may perform on a positive note with promises of price rise in 2016, according to the London Bullion Market Association(LBMA) survey.
Jeera Lower Supply, Buy Every Dip Target at 13700- 13825 levels: Neal Bhai
Gold Silver Reports ~ Jeera NCDEX continue to fall down last week due to limited demand for the old season crop. Moreover, good weather in sowing states, sufficient carryover stocks with local traders and weak export demand at higher levels also weighs on price. Jeera Mar’16 contract fall 1.5 per cent to close at Rs. 13,395 per quintal.
Sugar Production Rises in India 4.5%
Gold Silver Reports ~ Sugar Production Rises in India mills 142.53 lakh tonnes of sugar as on 31st Jan, 2016 marking 4.57 % increase, according to ISMA (Indian Sugar Mills Association).
Government May Look at Reimposing 5% Customs Duty on Crude Oil
Gold Silver Reports ~ With international oil prices slumping to 12-year low, the government may look at reimposing 5% customs duty on crude oil imports to shore up revenue by close to Rs 18,000 crore.
Silver Demand India Has Increased, Gold Hungry India
Gold Silver Reports ~ Indian Silver demand has increased as per reports. An Economic Times article informs that the imports for 2015 is likely to be about 7,500 tonne. This marks a 10 per cent surge compared to the silver imports in 2014.