Commodity News

Gold price rises ₹10 to ₹1,48,590; silver up ₹100, trading at ₹2,60,100

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,36,210

Oil prices slump to 2-month low as Trump calls off planned strikes on Iran

Brent futures were down $2.11 or 2.3 per cent at $88.27 a barrel by 0640 ‌GMT, while US West Texas Intermediate (WTI) crude dropped $1.90, or 2.2 per cent, to $85.81

Can crude oil prices dip to $70 if US, Iran sign peace deal? Analysts said this

As per Fitch Ratings' estimates, Brent crude oil is likely to average $100-110/bbl in May-July, before falling to $80/bbl in August, and to about $70/bbl from September.

'Bear beneath the barrel': Mirae Asset sees weak demand limiting oil rally

The path of least resistance for Brent over the next two quarters appears skewed to the downside, with Brent prices likely drifting below $90/bbl

Gold demand in India slightly improves as prices slip; China premiums ease

Gold prices in India ​dropped to their lowest since April 2 at ₹146,444 per 10 grams ‌on Thursday, and are down 1.5 per cent for the week so far

Silver may fall to $58 - $54 in short term, cautions analyst at Mirae Asset

According to Praveen Singh, head of commodities at Mirae Asset Sharekhan, silver is expected to continue to remain under pressure unless a US-Iran deal is formally announced

Strong dollar, rate fears may weigh on gold prices: Mirae Asset Sharekhan

A firmer dollar, rate hikes by central banks, ETF outflows, and elevated yields are likely to keep the yellow metal under pressure. China's demand is not too strong either

Gold price dips ₹10 to ₹1,45,630; 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 ₹1,33,490

Gold price dips ₹10 to ₹1,48,850; 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 ₹1,36,440

Oil prices climb over $2 as Iran announces closure of Strait of Hormuz

Brent futures rose $2.30, or 2.47 per cent, to $95.40 a barrel, while US ‌West Texas Intermediate (WTI) crude climbed $2.60, or 2.89 per cent, to $92.63

Gold in India falls below pre-duty-hike levels as overseas prices drop

Domestic gold futures fell 1.93 per cent on Wednesday to ₹1,46,557 per 10 grams, their lowest level since May 5

Brent to trade between $88 - $108 amid conflicting market forces: Analyst

For now, the oil market remains at a crossroads-pulled in opposite directions by forces that are both powerful and persistent, with no clear resolution in sight

Gold price climbs ₹10 to ₹1,53,170; silver down ₹100, trading at ₹2,59,900

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,40,410

Silver in correction mode; but can zoom 150% in next 3 yrs: Kedia Advisory

Analysts at Kedia Stocks and Commodities Research expect Silver prices to fall to $48.60 levels in the bear-case scenario. On the upside, they expect prices to zoom up to $170 in the next bull cycle.

Gold price dips ₹10 to ₹1,51,680; silver down ₹100, trading at ₹2,59,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,040

Oil prices climb over $3 amid renewed tensions between Israel, Lebanon

Brent crude futures rose $3.20 or 3.39 per cent to $96.24 a barrel while US crude futures were up $2.87 or 3.17 per cent at $93.41 per barrel as of 0333 GMT

Gold price falls ₹10 to ₹1,52,720; silver down ₹100, trading at ₹2,74,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,990

West Asia crisis, oil prices key driver for gold this week: Analysts

Analysts say gold's next move will hinge on West Asia developments, crude oil trends and key economic data from the US, China, India and Europe

Gold price falls ₹10 to ₹1,55,720; silver down ₹100, trading at ₹2,74,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,42,740

Gold outlook remains bearish; yellow metal may fall towards $4,099: Analyst

Gold ETF flows remain uninspiring, as investors continue to be deterred by elevated volatility and the prospect of higher interest rates