Commodity News

Oil prices jump over 3% after new strikes on Saudi Arabia, Strait of Hormuz

Brent crude futures ​climbed $3.43, or 3.3%, to $108.04 per barrel by 0924 GMT while WTI futures gained $3.49, or 3.5%, ‌to $103.54 per barrel

Crude oil at $120/bbl? Mirae Asset Sharekhan explains why this is possible

Average crude oil prices will stay significantly higher than the previous forecast, as the recent turn of events would shrink global inventories.

Oil prices set to end week above $100 for first time in nearly 4 months

Brent crude ​futures rose 81 cents, or 0.8%, to $108.44 a barrel by 0345 GMT while US West Texas Intermediate crude rose 69 ‌cents, or 0.7%, to $103.17 a barrel

Gold falls ₹182 on MCX, trading near ₹1,53,650; silver declines ₹907

Gold edged lower in early trade on Comex after opening at $4,448 per ounce, with the precious metal last trading at $4,458.90, down $1.80 from the previous close

Oil prices cross $100 as Iran-US attacks deepen crude supply fears

Brent crosses the $100 mark as attacks on shipping near the Strait of Hormuz intensify, raising concerns over deeper disruptions to global oil supplies

Gold faces a critical test as markets reprice Fed rate expectations

Domestically, the dollar was whipsawed by a shifting Fed outlook through the week, leaving gold caught between a structurally softer greenback and rising rate-hike probability.

Brent crude tops $100 as escalating West Asia conflict threatens oil flows

Brent crude futures were up $2.01, or 2.05%, at $99.93 a ‌barrel by 0802 GMT, after earlier touching $100.19, while US West Texas Intermediate crude was up $1.49, or 1.60%, at $94.52 a barrel

Gold falls ₹399 on MCX, silver rises ₹193 amid inflation concerns

Gold had risen sharply in August, supported by higher investment and hedging demand, along with continued buying by central banks, including China's central bank

Oil hits multi-week highs after Houthi attacks on Saudi energy facilities

Brent crude futures were up $2.00, ​or 2.06%, at $99.00 a barrel by 0800 GMT while US West Texas ​Intermediate crude was at $94.41 a barrel, up $2.93, or 3.2%.

Gold gains ₹544, silver climbs ₹993 as safe-haven buying picks up

In the global market, gold was trading near $4,480 per ounce on Comex, while silver was around $67.60 per ounce

Copper hits record high as tight supply, US tariff fears boost prices

The industrial metal rose for a fourth day on the London Metal Exchange, touching an all-time peak of $14,617 a ton

Why Brent crude is below $100 despite disruptions to Gulf oil flows

Crude oil shipments from West Asia producers are at about 11 million barrels per day (bpd) ​now, from 18 million bpd before the Iran war began seven months ago

Oil prices extend gains as US-Iran strikes threaten West Asia supplies

Brent crude futures climbed 52 cents, or 0.54%, to $96.80 a barrel by 2354 ‌GMT while US West Texas Intermediate crude was at $92.14 a barrel, up 66 cents, or 0.72%

Oil may top $100 as Hormuz, Russia risks persist: Mirae Asset Sharekhan

Mirae Asset Sharekhan believes that the crude oil market balance is likely to remain in deficit through 2026.

Silver outlook: Dovish Fed eases pressure; Mirae Asset sees support at $65

Mirae Asset Sharekhan said dovish Fed commentary has eased downside pressure on silver, but high China inventories, subdued LBMA lease rates and weak ETF flows remain concerns.

Gold: Crude, inflation key threats; analyst sees $4400 as tactical buy zone

Mirae Asset ShareKhan's Praveen Singh said that gold's key support levels are at $4,450, $4,358, and $4,300-4,330, while resistance is seen at $4,533, $4,575, and $4,650.

Oil prices edge lower as markets weigh renewed US-Iran supply risks

Brent crude fell 0.45% to $95.20 a barrel while WTI slipped 0.26% to $90.77 as investors weighed the risk of renewed US-Iran strikes disrupting West Asian supplies

Oil prices rise as US-Iran fighting renews fears of supply disruptions

Brent crude rose 0.6% to $91.05 a barrel as renewed US-Iran fighting raised concerns over supply from the Middle East, the world's key oil-producing region

Oil prices jump more than 2% after US attack on Iran's Larak island

Brent crude futures climbed $2.51, or 2.85 per cent, to $90.61 a barrel as of 0241 GMT ‌while US West Texas Intermediate crude was at $85.53, up $2.13, or 2.55 per cent

Bullion braces for swings as US jobs data, Iran tensions take centrestage

Bullion markets enter September after a sharp weekly correction, with traders watching US labour data, Fed rate expectations and geopolitical tensions for the next price cues