Commodity News

Gold demand in India diminishes as prices rebound; China buying improves

Prices fell about 8.4% in June, the first monthly drop since March, tracking volatility in international gold prices

Silver: Extends its recovery as US$ retreats on soft US job report

Silver prices rebounded on Warsh's remarks in the ECB panel discussion on July 1, and a weaker-than-expected nonfarm US payroll report for June.

Oil prices up slightly ahead of long US weekend as peace efforts hold

Brent ​futures climbed 46 cents, or 0.64%, to $72.26 a barrel as of 0407 GMT. West ‌Texas Intermediate was up 32 cents, or 0.47%, to $69.01 a barrel

Oil prices fall over 1% as US-Iran talks ease supply disruption fears

Brent futures lost 79 cents or 1.1% to $70.78 a barrel by 0642 GMT, while US West Texas Intermediate crude fell 84 cents or 1.2% to $67.74 a barrel

Accumulate Gold on dips in H2CY2026; next bull likely to start in 2027

For the second-half of 2026, upside for Gold and Silver seems to be capped around $4,400 and $90, says Anindya Banerjee, Head of Commodity and Currency Research, Kotak Securities:

Brent crude oil bias may remain bearish-to-neutral in H2CY2026

Mohammed Imran, research Analyst at Mirae Asset Sharekhan has a bearish-to-neutral view on Brent through H2CY2026, with a base-case range of $68-72/bbl.

Gold's outlook hinges on US payrolls, Fed policy; may test $3,800

Domestically, MCX gold remained relatively resilient, seeing a 5 per cent decline in the June quarter, supported by the depreciation of the Indian rupee and higher import duties.

Oil prices rise as Iran's refusal to meet US envoys dims ceasefire hopes

Brent futures rose 50 cents or 0.69% to $73.45 a barrel at 1208 ‌GMT, while US West Texas Intermediate (WTI) crude climbed 63 cents, or 0.91%, to $70.13 a barrel

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