Commodity News

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,290

As oil prices surged, US President Donald ​Trump again demanded Fed Chair Jerome Powell cut interest rates

Rising oil prices and a stronger dollar are limiting gold's safe-haven appeal as markets reassess Fed rate cut expectations

Silver prices are expected to remain volatile as surging oil lifts the dollar and reduces Fed rate-cut hopes, while Iran war tensions keep markets on edge

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,48,690

Iran will allow Indian-flagged oil tankers to pass through the Strait of Hormuz after talks with External Affairs Minister S Jaishankar, sources said

India relies heavily on LPG imports from West Asia routed through the Strait of Hormuz. The ongoing conflict has forced the Centre to divert domestic output to protect households

The global benchmark soared as much as 10.5 per cent to $101.59 a barrel, while West Texas Intermediate surged near $96

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,49,710

India bought about 1.5 million barrels of Russian oil this month, up from 1.04 million bpd in February, ship tracking data showed

According to the Multi Commodity Exchange, the yellow metal for April delivery depreciated by ₹853, or 0.52 per cent, to ₹1,62,450 per 10 grams in a business turnover of 7,529 lots

Oil prices dropped below $90 per barrel, cooling inflation concerns, a day after US President Donald Trump predicted a quick end to the war with Iran

IEA members are considering a record release of oil from strategic reserves to stabilise global markets as the West Asia conflict disrupts supply and triggers sharp volatility in crude prices

Tata Mutual Fund advises staggered investment in gold and silver as the Iran conflict fuels geopolitical uncertainty and strengthens safe-haven demand

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,48,860

Saudi Arabia is reducing output by as much as 2.5 million barrels a day, joining United Arab Emirates, Iraq and Kuwait in deepening cuts, Bloomberg reported on Tuesday

India, which meets nearly two-thirds of its edible oil demand through imports, also buys palm oil from Indonesia, Malaysia and Thailand, with shipments typically reaching its ports in about a week

The Centre has invoked the Essential Commodities Act to prioritise natural gas and LPG supply for domestic, industrial, and vehicular use amid global energy disruptions

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,48,190

Shortly after settlement, prices turned negative following news of a phone call between US President Donald Trump and Russian President Vladimir Putin