Indian commodity markets see rise in sugar and grains amid falling metal prices

In India's wholesale commodity markets, prices for sugar, rice, wheat, and pulses experienced an upward trend. Sugar prices rose by an average of 16 rupees to 5,443 rupees per quintal, while jaggery increased by 23 rupees. Rice prices saw an average increase of 29 rupees, reaching 4,315 rupees per quintal, and wheat rose by 4 rupees to 2,910 rupees per quintal. Various pulses, including urad dal and tur dal, also recorded price hikes.

Conversely, the edible oil sector saw a decline. Prices for peanut oil, palm oil, mustard oil, soybean oil, and sunflower oil all trended lower.

In the precious metals market, gold and silver prices recorded a decline. In major Indian cities, 24-karat gold was priced at approximately 1,45,032 rupees per 10 grams in Mumbai, with slight variations across Delhi, Jaipur, and Chennai. Silver prices also dropped, with rates recorded around 2,01,179 rupees per kilogram.