Getting weak signals from global Market and decrease in demands in domestic market has dropped the prices of Gold and Silver. Gold consistently fell in the past two sessions as the dollar slipped and equities eased ahead of the U.S. Federal Reserve meeting later in the day. Asian markets remained cautious with investors waiting for cues from the two-day Fed meet, sending the safe-haven yet higher. Gold eased for a second week last week, by 1.2 percent, after rallying to its highest in more than two years in early July after the Brexit vote, which drove up demand for the metal as a haven from risk. Gold is highly sensitive to rising rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting the dollar in which the precious metal is priced. In context to Gold, Silver prices also came down due to decreased industrial and coin makers demands. Among other precious metals palladium also slipped 0.1 percent.

Rating agency ICRA has generated a report according to which Sugar prices will remain strengthened till one whole year. Agency has approximately said that in the coming season production of sugar will decrease as a result of which prices will hike on. Production can drop in between 10-20 lakh ton. Monsoon is going to be better this year but will not affect the sugarcane crops rather will show its effect in 2017-2018 crop season. Government imposed 20 percent export duty on sugarcane but that did not affect the sugar prices anymore along with which there is no effect in profit of mills. Currently in comparison of foreign market, domestic market has more demands of sugar.