Indian Metal & Energy Industry News & Updates - March 2024
Retaining sheen: Gold, silver may continue to sparkle next financial year
In the international market, gold price returned over 13.2 per cent and silver was marginally up 3.6 per cent.
Rajasthan leads India’s green energy shift; Gujarat close on heels
Tata Steel to invest up to Rs 6,600 crore in equity of Neelachal Ispat Nigam
Govt reimposes ALMM order on solar PV modules from April 1
New Delhi: The Ministry of New and Renewable Energy (MNRE) on Friday said that it has re-imposed the Approved List of Models and Manufacturers (ALMM) order for solar photovoltaic (PV) modules from April 1, 2024.
Gold price jumps ₹11,000 per 10 gm in six months. Experts predict ₹75,000 level in FY25
Gold rate today: On account of three US Fed rate cut buzz in 2024, gold price finished on an exceptionally positive note in the last session of FY24. Ahead of the end of FY24, the gold futures contract on the Multi Commodity Exchange (MCX) for April 2024 expiry ended at ₹67,800 per 10 gm level after climbing to a new lifetime peak of ₹67,850 per 10 gm. While finishing at the ₹67,800 level, MCX gold rate registered around ₹11,000 per 10 gm rise in the last two-quarters of the current fiscal. Spot gold price finished at the $2,254 per ounce mark on the last trade session of FY24.
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