Bullion News

Kimberley Process probe team had recommended that Zimbabwe be suspended, meaning many consumers would have shunned the country’s diamonds. In a communique issued in Namibia, KP said its investigators found evidence of Zimbabwe’s significant noncompliance. Zimbabwe agreed to take steps, including pulling soldiers out and allowing monitors in to become compliant, and the country would be given time to do so under Kimberley Process monitoring.
Rise in food inflation to 13.39% causes alarm for policy makers on the back of losses in kharif output while government is pinning hopes on increased rabi output. RBI's gold buying has spread positive sentiments and NMCE has now launched a futures aimed at gold retailers
According to the RBI release, total foreign exchange reserves including gold and SDR (special drawing rights —the reserve currency with IMF) dipped by $1.129 billion to $284.4 billion during the week ended October 30. While foreign currency assets dipped by $1.580 billion, the value of SDR dipped $25 million. The value of gold in reserves rose $484 million to $10.8 billion.
Symbol
Traded Date
Unit
Price
14 Feb 09
1 Candy
20470
10 Oct 09
1 Maund
2188
05 Nov 09
50 KGS
559.8
16 Feb 09
1 Candy
20380
10 Oct 09
1 Maund
2188
Symbol
Expiry Date
Unit
LTP
18 Sep 09
1€
145.38
14 Dec 09
1€
148.97
07 Aug 09
1tr OZ
936.00
07 Oct 09
1tr OZ
990.40
08 Dec 09
1tr OZ
1093.50
MCX-SX Currency rates
Product
Exp.Date
Buy Price
Sell Price
LTP
USDINR
26 Nov 09
46.87
46.875
46.8575
USDINR
29 Dec 09
46.945
46.97
46.9475
USDINR
27 Jan 10
47.025
47.1
47.0225
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