Commodity News

Gold heads for biggest monthly decline since 2008 on rate hike fears

Expectations of higher US interest rates and a stronger dollar outweighed geopolitical concerns, sending gold prices sharply lower

Oil prices fall as investors await outcome of US-Iran talks in Doha

Brent August crude futures were down 0.9 per cent, or 64 cents, at $72.51 a ‌barrel as of 0356; US West Texas Intermediate for August fell 0.6 per cent, or 39 cents, to $70.36 a barrel

Oil prices rise as renewed US-Iran strikes disrupt shipping in Hormuz

Brent crude fell 10.6% last week, its third weekly decline, after crude shipments through the strait rose last week to their highest level since the US-Israeli conflict with Iran began in February

Oil prices fall over 3% as more tankers move through Strait of Hormuz

Brent crude futures settled at $71.99 a barrel, ​down $3.27, or 4.34%. US West Texas Intermediate finished at $69.23 a barrel, down $2.69 or 3.74%

Gold price falls ₹10 to ₹1,41,320; silver down ₹100, trading at ₹2,34,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,29,540

Oil edges lower as Hormuz shipments resume despite ship attack near Oman

Brent crude ‌futures fell 19 cents, or 0.25%, to $75.07 a barrel as of 0055 GMT, while US West Texas Intermediate fell 13 cents, or 0.18%, to $71.79 a barrel

Gold, silver: Domestic bullion rebounds, global market remains subdued

Gold and silver prices swung sharply on Thursday, recovering from steep early losses as bargain buying emerged despite pressure from a stronger dollar

Hormuz reopening quickly floods oil markets with supply, weighing on prices

An increase in crude shipments from the Persian Gulf, combined with weak Chinese demand and inventory releases, is putting downward pressure on oil prices worldwide

Oil prices fall towards pre-war levels as tankers exit Strait of Hormuz

Brent crude futures for August delivery fell 40 cents, or 0.54 per cent, ‌to $73.34 a barrel as of 0004 GMT, while US West Texas Intermediate fell 27 cents, or 0.38 per cent, to $70.07 a barrel

Gold, silver futures continues to extend losses in domestic, global markets

In the international market, too, gold and silver futures were trading with losses

Oil prices fall 1% on expectations of smoother crude flows via Hormuz

Brent crude futures fell 78 cents, or 1.0%, at $76.30 a barrel as of 0350 ‌GMT. US West Texas Intermediate slipped 78 cents, or 1.1%, to $72.43 a barrel

Gold price dips ₹10 to ₹1,44,590; silver down ₹100, trading at ₹2,44,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,32,540

Oil market may re-enter surplus zone; Brent could slide up to $66/bbl

Brent to trade within $70-$76/bbl range over the next quarter, with downside risks extending toward $66-$68/bbl should Iranian supply recover faster than anticipated.

Gold, silver futures trade lower on MCX, Comex as bullion weakens

Gold and silver futures opened lower on MCX and Comex, extending volatility in bullion after prices had earlier retreated from sharp record highs this year

Gold price climbs ₹10 to ₹1,46,520; silver down ₹100, trading at ₹2,49,900

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,34,310

Oil prices rebound after selloff, awaits progress on Strait of Hormuz flows

Prices fell more than 3 per cent on Monday after the United States granted Iran a 60-day sanctions waiver following initial peace talks

Gold and silver futures rise on MCX, prices soften in global market

Gold recovers after a weak start on domestic exchange; Comex futures trade lower

Gold price falls ₹10 to ₹1,46,070; silver down ₹100, trading at ₹2,49,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,33,890

Oil prices rise after Iran shuts Hormuz again, Trump threatens new attacks

Brent crude futures ​climbed 54 cents or 0.67 per cent, to $81.11 a barrel by 0030 GMT, after touching a high of $82.30 ‌at the start of trading

Gold price dips ₹10 to ₹1,45,850; silver down ₹100, trading at ₹2,49,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,33,690