Sunday, 2 April 2017

Pace Research Commodity Market Update

Gold Prices Firm, Buoyed By Tepid U.S. Economic Data

Gold prices held steady on Monday after marking their best quarter in a year, supported by uninspiring economic data from the United States and dovish remarks from a Federal Reserve official on Friday. 


Jet Fuel Rates Cut By Over 5%

With the recent dip in global crude oil prices to around $50 a barrel levels, the price of aviation turbine fuel (ATF), or jet fuel, has been cut by over 5 per cent - reversing a trend of hikes over the last two months. State-run oil marketers have cut the price of jet fuel by Rs 2,811.38 per kilolitre (kl), or by 5.1 per cent, to Rs 51,428 per kl with effect from Saturday. ATF prices are revised on the first of every month. Rates vary at airports as per local taxes. In March, ATF rates were raised marginally by Rs 214 per kl to Rs 54,293.38 in Delhi, while in February they were raised by 2.9%. For More Info : www.paceresearchindia.com and call : 8817774774

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