Commodity News

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

Gold may test $4,000 amid strong dollar, hawkish Fed: Mirae Asset ShareKhan

Gold price outlook: In the near term, gold can slide further. A test of support around $4000 is possible, while an extended decline to $3800 cannot be ruled out.

Oil prices fall as tankers resume transit through Strait of Hormuz

By 0645 GMT, Brent crude futures gained 51 cents, or 0.64 per cent, to $80.36 a barrel, and ‌US West Texas Intermediate crude rose $1.28, or 1.7 per cent, to $77.88 a barrel

Silver prices fall sharply as USD surges on hawkish Fed; may test $60

Silver was trading at $66, down 7.78 per cent from June 17 high of $71.57.

Gold demand stays muted in India despite price drop to two-month low

India's physically backed gold exchange-traded funds (ETFs) recorded their first net monthly outflow in a year in May, driven by profit-taking following a price rally on higher import duties

Gold, silver price today: Gold slips below ₹1.50 lakh, silver falls sharply

At the time of writing, the MCX gold contract was trading ₹2,031 lower at ₹1,47,278

Gold price falls ₹10 to ₹1,49,500; 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 ₹1,37,040

Oil prices fall 2% to lowest since start of Iran war on US-Iran peace deal

Brent crude futures were down $1.64, or 2.06 per cent, at $77.91 a barrel ‌as of 0427 GMT, and US West Texas Intermediate fell $1.80, or 2.34 per cent, to $74.99 a barrel

Gold price dips ₹10 to ₹1,51,090; silver down ₹100, trading at ₹2,64,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,490