look news india
In the initial trade, the rupee opened 3 paise to 85.91 per dollar against the dollar to 85.91 against the dollar, although it was seen trading around the level of the rupee since then after the statement of the Tramp that the talks on India were in the final stages, gold prices declined and prices reached close to $ 3,341 on the comeds, while the local market has been sold nearly 5 percent in the local market. Viewed. Candidy was also under pressure, prices in the global market remained around $ 37, while the domestic market was trading near a level of 1,11,840. SEBI has proposed a major change in the price of physical gold and silver kept by ETFs. SEBI has proposed to standardize the methods of evaluation of gold and silver ETFs. SEBI has issued a consultation paper for this. Proposal to change the evaluation of gold and silver in ETF. Domestic spot prices will be included in international prices. The proposal is open to public comments till 6 August. Currently, mutual funds managing ETFs use LBMA prices as benchmarks. The use of MCX prices for gold and silver ETFs has been recommended. In the domestic market, the domestic market showed mixed signs in the base metals, a slight decline in copper and lead, but the global market has seen a fall in copper prices, due to tariffs, the shipments have been falling, which has caused a decline in the price, which has led to a fall in the price. Shipments from the US declined before the tariff of 1 August. 90% of copper imports in the US are from Chile, Canada and Peru. Witch oil continued to improve, Brent prices reached above $ 68, while crude oil prices on NYMEX remained above $ 66 with about half a percent purchase. Prices were supported by better economic statistics of major oil consumer countries and the fall in American reserves. Prices remain strong. Brent prices reached above $ 68. Major oil consumers got support from strong economic data. The EIA said that the US crude oil reserves were reduced to 39 lakh barrels to 42.22 crore barrels. The US-China trade tension has supported prices due to reduced prices. Natural gas prices in the domestic market rose to more than 305 levels in starting trade. Will the prices of edible oil fall? Refinery revenue is expected to fall by 2-3%. Crisil has feared a fall in revenue in its report. Revenue revenue of refineries is expected to be ₹ 2.6 lakh crore. Revenue may fall due to a decrease in the demand for edible oil. Prices of soy, palm and sunflower oil may fall.
