According to Angel Commodities, gold prices are expected to trade sideways as stronger dollar in today’s session will exert downside pressure while poor economic data from the US will boost the safe haven appeal of the metal.

According to the World Gold Council (WGC), India's net gold imports for domestic consumption is expected to be about 800 tonne this year.

Gold edged up on Monday, after posting its biggest weekly gain since late August, on safe-haven buying driven by worries the United States could return to recession if Congress fails to reach a deficit-reduction deal.

Joining the likes of NR Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire LN Mittal has said the country is potentially condemning millions to remain in poverty by not helping industrialisation.

Coking coal imports grew 32% primarily due to higher steel production.

Adani Enterprises is looking to invest USD 4 billion to develop coal mines and also eying possible listing on London exchanges, reports The Economic Times.

"The Indian side impressed upon Czech Republic regarding the scope for establishing manufacturing facilities in India for underground mining machinery," an official statement said. Coal Minister Sriprakash Jaiswal-led the Indian delegation wh...

Commodities today are actively participating in the market rally. Brent crude prices surged more than 2% above USD 109 during the past trading session while gold holds above USD 1670. CNBC-TV18 puts together a team of experts to discuss this space and...

� LME Copper trades higher in early trades today after rallying yesterday� Easing concerns over Euro Zone debt contagion supports prices� Chinese Markets are shut from 3rd October to 7th October for National Day holiday� Asian markets trade hig...

Spot gold and U.S. gold futures rose 1 percent on Friday after German approval of a stronger bailout fund to counter the euro zone debt crisis.

"The whole sector is very cheap. Macro concerns have been increasing, but it's a pretty robust sector in terms of balance sheets, margins, and cash flow," Gregson, who also manages JPM Asset Management's Global Mining Fund, told Reuters. "It's also as

Precious metal gold is trading low since quite some time as investors have turned away from safe-havens, expecting the US Federal Reserve to announce further monetary easing (QE3) when it meets on September 20. However, some experts still believe that this is the best time to go for gold as it may become more expensive later.