Precious Metals
MCX
Chinese bid to revive growth to make a difference; 5 metal stocks that can deliver up to 38% returns
Shyam Metalics expects to start commercial production of battery-grade aluminium foil from Q2 next year: Sheetij Agarwal
Shyam Metalics and Energy Limited has entered the energy storage sector by manufacturing battery-grade aluminum foil. The company believes that with the growing lithium-ion production capacity in India from 2024 to 2030, they will be a key supplier of raw materials to these plants. They are currently in the trial phase with upcoming lithium-ion battery companies and expect commercial orders to start flowing in by the first quarter of next year.
Shyam Metalics & Energy Ltd to make aluminum foil for lithium-ion cell manufacturing
Kolkata-based company Shyam Metalics and Energy Limited has announced its entry into the energy storage sector with battery-grade aluminum foil. The company, which already produces and exports aluminum foil for various applications, will now produce high-purity aluminum foil for lithium-ion cells used in electric vehicles and energy storage systems.
Gold Rate Today: Gold prices in India gain amid dollar slide. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
On Comex, gold futures were trading at $1,949 per troy ounce on Monday, up by $3.30 or 0.17% while silver futures were at $23.455, lower by $0.069 or 0.30%.
Gold Rate Today: Gold prices in India steady despite dollar uptick. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
The MCX October gold futures were trading up by Rs 106 or 0.18% from the Thursday closing price at Rs 58,694 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,433 per kg, higher by Rs 451 or 0.64%.
Gold Rate Today: Gold prices in India slip on US inflation uptick. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
On Comex, Gold futures were trading at $1,934 per troy ounce on Thursday, down by $1.10 or 0.06% while Silver futures were at $23.215, higher by $0.187 or 0.800%.
Gold Rate Today: Gold prices in India down as Street awaits US CPI numbers. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
The MCX October gold futures were trading down by Rs 91 or 0.16% from the Tuesday closing price at Rs 58,535 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,497 per kg, higher by Rs 437 or 0.61%.
Sensex up 94 points, Nifty near 19,990 dragged by energy, metal stocks
NiftyIT salvaged some pride with gains of nearly 1% even as 13 out of 15 sectoral indices ending in the red. NiftyPharma closed with minor gains. The top gainers were TCS, Larsen & Toubro, Infosys, UltraTech Cement and Divi's Laboratories while the top losers included BPCL, NTPC, Power Grid, Adani Enterprises and Coal India
Gold Rate Today: Gold prices in India gain amid decline in dollar. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
On Comex, Gold futures were trading at $1,946.60 per troy ounce on Monday, up by $3.90 or 0.20% while Silver futures were at $23.300, higher by $0.126 or 0.540%.
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