Commodity

How commodity prices influence exchange rates in the global economy?

NCDEX announces revision of trading hours for commodity derivatives starting August 14

The segment's trading hours are currently between 9 am and 5 pm. The most recent amendment will shift the hours to 10 am to 5 pm. According to NCDEX, the updated client code modification hours are 10 am to 5:15 pm, with "the pre-Open session shall be from 9:45 am to 10 am for all commodities."

Gold price dropped by over 1,000 this week, while silver futures slumped by 1.4%

Gold and silver prices in India remained weak as global interest rates fell. Gold futures on the MCX declined 0.2% to 51,501 per 10 gram, while silver futures fell 1.4% to 55,640 per kg.