#India
to witness greatest ever
#wedding
season
- About 35 lakh weddings in 23 days
- Wedding season : 23rd Nov - 15th Dec 2023
- Estimated 4.25 lakh cr expected spend is highest ever
# As per CAIT (Confederation of all India Traders)
#jewellery
#FMCG
#Diamond
#celebrate
Gold hits all time high in India , up 38% YTD
Gold prices : India Monthwise
Jan, 1 2020 : 39000 / 10gms
Feb 1st : 41000
March 1st : 42000
April 1st : 43500
May 1st : 45000
June 1st : 47000
July 1st : 48300
July 31st : 53600
@CNBC_Awaaz
Past 30 yrs :
224 copper mines discovered
16 of those have come in last decade
1 has been discovered since 2015
144 is assessment or development
80 are in production
It takes 7-10 yrs to develop a mine
#copper
#metals
#SPGlobal
If you bought
#Gold
anytime this year ..you are in
#money
!
Gold prices : India Month-wise
Jan, 1 2020 : Rs 39000 / 10gms
Feb 1st : 41000
March 1st : 42000
April 1st : 43500
May 1st : 45000
June 1st : 47000
July 1st : 48300
July 30th : 53000 !!
Barber : head masssage kar du?
Me : kar de, kaunse tel se?
Barber : Almond Oil is for 250₹
Me : Navratna?
Barber: 150₹
Me: Coconut Oil
Barber : 100₹
Me : isse sasta nahi hai kuchh?
Barber to his helper : chhotu, who
#usoil
US ka barrel nikaalna.
#CrudeMeltdown
#CrudeCrash
Commodity Corner |
#Copper
has seen the best week since February; China’s imports are up by 25% MoM in March.
@Manisha3005
gets us the cues from the
#commodity
space
There is no stopping
#gold
! Hits all time high at Rs 53450 per 10 gms in India as US Fed continues with near zero interest rate policy . And Dollar Index slips to new 2 year lows.
@CNBCTV18Live
@CNBC_Awaaz
#CrudeOil
prices surge near 3% .
#brent
#Crude
at $81.60 , highest since November 2014, as OPEC+ sticks with its planned 400,000 bpd increase in crude output quota for November. Crude prices +60% for 2021
@CNBCTV18Live
@CNBC_awaaz
#copper
#metals
COPPER surges 5% overnight to hit RECORD HIGH at 5.0047 USD/Lbs
The Narrative is strong Fund buying on back of insatiable demand expectation for green energy, power transmission, data centers, EVs even weapons
@NALCO_India
@VedantaltdPower
@Hindalco_World
Catch
@NischalShetty
in conversation with
@Manisha3005
on the current opportunities & challenges of the Indian crypto market on
@WazirXIndia
& CNBC-TV18 present 'Crypto: Digital Assets Of The Future'
Tune in on Saturday & Sunday at 5 PM
#Partnered
#Crude
hits 2-year high on OPEC, allies' decision. OPEC+ made the unexpected decision to not increase production in April. Crude prices are up 34% in 2021 .
#WallStreet
bets on higher crude oil prices on strong demand estimates
@CNBCTV18Live
@CNBC_Awaaz
#copper
Surges to Over 2-Year High , Prices cross above $10000 a ton
#Zinc
prices surge near 1.5%
#Silver
is trading at 3 week highs
#GOLD
surges on expectations of rate cuts from US, BoE this summer
#metal
#copper
#metals
COPPER surges 5% overnight to hit RECORD HIGH at 5.0047 USD/Lbs
The Narrative is strong Fund buying on back of insatiable demand expectation for green energy, power transmission, data centers, EVs even weapons
@NALCO_India
@VedantaltdPower
@Hindalco_World
#metal
The
#Copper
Bulls 💪
Investment funds : longs at 2018 high on LME 84117 contracts
84117 contracts = 2 mln tons
CME copper longs : 119,649 contracts, Jan 2018 high
Avg Day Volume Mar Y-Y : CME +18%, LME +21%
#Metals
#CommodityChampions
#China
data - huge collapse in industrial production -13.5% for Jan-Feb, retail sales -20.5%, jump in unemployment. Fixed investment -24.5%. Perhaps other countries will not take so hard a hit, but the ones slow in response will see longer pain?
@CNBCTV18Live
@CNBC_Awaaz
#SUGAR
: Min of Consumer Affairs
#Sugarexports
:June1-3 : 326 applications on National singe window system portal
Request for Export order release orders for 23,10,333 ton
Govt approves export for 62 application qty 10 lakh ton
@CNBCTV18Live
@CNBC_Awaaz
Commodity Corner | With the latest round of funding, CoinDCX has raised more than $245 m so far, says Sumit Gupta, Founder of CoinDCX. India has a lot of potential for web3 but with high taxes and TDS, he says.
@Manisha3005
Sugar demand in
#India
down 40% in month of April. Expect demand destruction of around 10 lakh tons from mid April to mid June - ISMA
@CNBC_Awaaz
@CNBCTV18Live
#silver
Industrial demand expected to hit record high in 2024 for 4th year
How much Silver in your
#car
?
- Internal Combustion engine : 15-28gms
EV : 25-50 gms
Hybrid cars : 18-34 gms
@PriyaAH_Vedanta
@Vedanta_Group
#cryptocurrencies
:
#Bitcoin
falls to $30201,3 china bank&Payment industry :To not conduct virtual currency related business,buy,trade. Funding rates for bitcoin derivatives -ve.
#ElonMusk
comments on crypto weigh. $1 billion worth longs liquidated
@CNBCTV18Live
@CNBC_Awaaz
.
@RBI
says banks can't quote April 2018 circular as
It was set aside by SC. Banks to carry out customer due diligence processes in Virtual currencies as -KYC, AML, CFT, PMLA also compliance with FEMA.
#cryptocurrency
@CNBCTV18Live
@CNBC_Awaaz
#APMC
suspends operations at its market in Vashi, Navi Mumbai, from May 11-17 amid the continued rise in COVID-19 cases. To shut all five markets – fruit, dhanya, masala, vegetable, including onion-potato.
@CNBCTV18Live
@CNBC_Awaaz