News for ' Multi Commodity Exchange India Ltd'

Business

Dubai Commodities Exchange opens

Dubai Gold and Commodities Exchange, the world's newest commodities exchange and the first such marketplace in the Middle East, started trading this morning. The exchange is joint venture between...

Brokerage stocks tank over 18% as Budget hikes STT on commodity futures

Analysts said the move is aimed to mobilise additional revenue but seen by traders as a potential dampener for market volumes. Photograph: Shailesh Andrade/Reuters Shares of brokerage-related...

Investors in Indian commodity exchanges jump ship

* Transaction tax, scam at National Spot Exchange deters trade * Government fails to push through reforms needed to expand markets * ICEX to cease operations within months The Indian Commodity...

Gold likely to hold ground; silver braces for volatility

Gold consolidation and recovery suggest that bias still remains positive. However, in case of silver, outlook remains cautious of volatility and further corrections. Illustration: Dominic...

Silver, gold futures decline as traders book profits after record highs

WGC also warned that India's gold imports are likely to decline this year as record prices weigh on jewellery demand in the world's second-largest consumer. Photograph: Lisi Niesner/Reuters Key...