Commodity News
Gold, silver open weak after Fed keeps rates unchanged, prices volatile
Comex gold traded near $4,050 an ounce and silver at $53.30, while MCX gold hovered around ₹1,43,600 per 10 grams and silver near ₹1,93,250 per kg on Thursday
 "Gold, silver open weak after Fed keeps rates unchanged, prices volatile")
Oil prices fall as hopes of US-Iran peace talks ease supply fears
Brent crude fell 1.1% to $114.10 a barrel and WTI dropped 1.3% to $101.45, paring Wednesday's gains as reports of renewed diplomatic efforts eased concerns over supply disruptions
 "Oil prices fall as hopes of US-Iran peace talks ease supply fears")
Brent holds atop $110 as geopolitical risk overrides easing physical stress
The key shift in October is that the oil price rally has changed character from reflecting genuine physical tightness to what could happen next, explains Kaynat Chainwala of Kotak Neo.
 "Brent holds atop $110 as geopolitical risk overrides easing physical stress")
Gold, silver prices slip ahead of US Fed decision, Israel election results
The Federal Reserve is widely expected to leave interest rates unchanged. However, traders will closely watch for signals on the possibility of a rate increase in December
 "Gold, silver prices slip ahead of US Fed decision, Israel election results")
Jewellers hold back gold purchases betting on further price drops
Gold fell below $4,000 an ounce last week for the first time since July, extending its decline to about 24% since the US-Iran war began in late February
 "Jewellers hold back gold purchases betting on further price drops")
Oil rises after attack on Saudi Arabian refinery reignites supply concerns
Brent crude futures rose $1.48, or 1.3%, to $115.36 a barrel as of 0140 GMT while US West Texas Intermediate crude rose $1.22 or 1.22% to $101.12
 "Oil rises after attack on Saudi Arabian refinery reignites supply concerns")
US looks to cool oil prices ahead of midterm; dips likely to be short-lived
The White House has been leaning on regional channels to cool prices, ahead of the Mid-Term election on November 3, says Mohammed Imran of Mirae Asset Sharekhan.
 "US looks to cool oil prices ahead of midterm; dips likely to be short-lived")
Gold prices fall ₹492 ahead of US Fed meeting, silver slips ₹2,004
MCX December gold futures fell to ₹1,42,806 per 10 grams and silver to ₹1,94,700 per kg on Tuesday, as investors awaited the US Federal Reserve's policy decision
 "Gold prices fall ₹492 ahead of US Fed meeting, silver slips ₹2,004")
Oil eases on Gulf diplomacy hopes, Saudi attacks keep supply worries alive
Brent crude futures were down 66 cents, or 0.57%, at $115.15 a barrel as of 0000 GMT, while US West Texas Intermediate crude was down 44 cents, or 0.43%, at $101.32
Gold, silver prices recover after sharp fall on buying at lower levels
However, gold was still trading near a three-month low, while silver remained below ₹2 lakh per kg
 "Gold, silver prices recover after sharp fall on buying at lower levels")
Oil prices slip from near six-months highs despite supply concerns
US crude futures were down $1.60, or 1.55%, at $101.67 per barrel by 0018 GMT while Brent crude futures were down $1.56 or 1.34% at $115.16
Silver selloff seems overdone, says Mirae Asset Sharekhan; here's why
The crude oil/silver ratio has fallen through the crucial support around 58, which means silver remains vulnerable to rise in oil prices.
 "Silver selloff seems overdone, says Mirae Asset Sharekhan; here's why")
Gold outlook bleak; avoid aggressive selling without stop loss: Analyst
Gold price outlook: Near-term resistance is at $4140/$4227; support is at $4000/$3930.
 "Gold outlook bleak; avoid aggressive selling without stop loss: Analyst")
Crude oil up 85% in 2026 poses threat to global economy; Brent may hit $120
Brent climbed back above $113 a barrel after a deadly drone strike on Saudi Aramco's Shaybah field, highlights Mohammed Imran of Mirae Asset Sharekhan.
 "Crude oil up 85% in 2026 poses threat to global economy; Brent may hit $120")
Silver slips below ₹2 lakh amid selling pressure; gold also declines
Gold and silver were trading weak in early trade after recording sharp losses in the previous session
Oil little changed as supply concern lingers amid Houthi attacks on Saudi
Brent crude futures was down 21 cents, or 0.2%, at $112.96 a barrel as of 0030 GMT, while US West Texas Intermediate crude was down 27 cents, or 0.3%, at $98.12
 "Oil little changed as supply concern lingers amid Houthi attacks on Saudi")
Oil prices rise over $2 as Houthi attacks in Saudi Arabia fuel supply fears
Brent crude rose 1.2% to $110.11 a barrel and US WTI gained 1% to $98.12 after Houthi attacks in Saudi Arabia killed three people and prompted Washington to order some diplomats' families to leave
Gold, silver extend losses as crude oil prices rise amid West Asia tenions
In the global market, gold futures on Comex were trading near $4,110 per ounce, while silver was trading near $56.50 per ounce
Asian markets slip, led by South Korea, despite upbeat US tech earnings
MSCI's Asia-Pacific index outside Japan fell 0.2%, while South Korean shares dropped over 1%. Concerns over AI spending and Gulf tensions offset stronger-than-expected US technology earnings
 "Asian markets slip, led by South Korea, despite upbeat US tech earnings")
Brent near 5-month high on West Asia supply fears, US inventory drawdowns
Brent crude futures rose $1.32, or 1.2%, to $110.11 per barrel by 0747 GMT while US West Texas Intermediate (WTI) crude gained $1.18, or 1.2%, to $99.00 per barrel