Page 2 - Commodity News
Brent crude oil to remain range-bound in the $90-$115 range, says analyst
The near-term outlook for Brent crude through Q3 2026 is likely to remain range-bound in the $90-115/bbl band, with risks skewed slightly towards a higher floor price for crude oil
 "Brent crude oil to remain range-bound in the $90-$115 range, says analyst")
Gold price dips ₹10 to ₹1,56,100; silver falls ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,090
 "Gold price dips ₹10 to ₹1,56,100; silver falls ₹100, trading at ₹2,79,900")
BIS studying implementation challenges for mandatory silver hallmarking: DG
Silver hallmarking has been voluntary since 2005 and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity
 "BIS studying implementation challenges for mandatory silver hallmarking: DG")
Oil outlook: Brent may stay elevated despite truce hopes; $80-$95 in focus
Even a successful reopening may not bring oil prices down sharply, as the scale of disruption and the time required for markets to rebalance will keep oil elevated in the range of $80-95 range.
 "Oil outlook: Brent may stay elevated despite truce hopes; $80-$95 in focus")
Gold price falls ₹10 to ₹1,56,210; silver down ₹100, trades at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,190
Oil price cllimbs 2% as West Asia hostilities flare, Iran-US talks stall
Brent futures settled up $1.81, or 1.89 per cent, at $97.81 a barrel, while US West Texas Intermediate crude climbed $2.26, or 2.41 per cent, to $96.02
Crude oil outlook: Brent seen in $90 - $115 range as supply strains persist
Gulf's flagship national oil companies have issued stark timelines. Saudi Aramco CEO Amin Nasser warned that oil market will not normalise until 2027 if Hormuz disruptions persist past mid-June 2026.
 "Crude oil outlook: Brent seen in $90 - $115 range as supply strains persist")
Gold price dips ₹10 to ₹1,56,210; silver down ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,190
 "Gold price dips ₹10 to ₹1,56,210; silver down ₹100, trading at ₹2,79,900")
Oil prices rise over 1% as new West Asia hostilities flare, talks stall
Brent futures rose $1.05, or 1.09 per cent, at $97.05 a barrel, while US West Texas Intermediate (WTI) crude rose $1.01, or 1.08 per cent, to settle at $94.77
 "Oil prices rise over 1% as new West Asia hostilities flare, talks stall")
Gold price falls ₹10 to ₹1,56,210; silver down ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,190
Oil prices steady as uncertainty over US-Iran talks keeps markets on edge
Brent crude futures inched up 6 cents, or 0.06 per cent, to $95.04 a barrel at 0001 GMT, while US West Texas Intermediate fell 17 cents, or 0.18 per cent, to $91.99 a barrel
MCX launches 'Silver 100' futures to open silver market to small investors
The new contract adds to MCX's existing silver futures lineup of 30 kg, 5 kg and 1 kg contracts, and monthly options in 30 kg and 5 kg denominations
 "MCX launches 'Silver 100' futures to open silver market to small investors")
Gold price dips ₹10 to ₹1,57,030; silver down ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,940
 "Gold price dips ₹10 to ₹1,57,030; silver down ₹100, trading at ₹2,79,900")
Oil prices climb over 2% as Israel intensifies operations in Lebanon
US crude futures rose $2.37 or 2.71 per cent to $89.73 a barrel as of 0028 GMT
 "Oil prices climb over 2% as Israel intensifies operations in Lebanon")
Gold prices rise ₹10 to ₹1,57,650; silver up ₹100, trading at ₹2,80,100
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,510
 "Gold prices rise ₹10 to ₹1,57,650; silver up ₹100, trading at ₹2,80,100")
Gold demand in India tepid on price volatility; China premiums narrow
Dealers in India quoted discounts of up to $106 an ounce over official domestic prices this week, inclusive of 15% import and 3% sales levies, up from discounts of up to $78 an ounce last week
 "Gold demand in India tepid on price volatility; China premiums narrow")
Oil prices fall over 1% on reports of potential US-Iran ceasefire deal
Prices have been volatile in recent sessions, swinging by as much as $6 for both benchmarks on conflicting signals over a possible end to the three-month US-Israeli war on Iran
 "Oil prices fall over 1% on reports of potential US-Iran ceasefire deal")
Gold price dips ₹10 to ₹1,56,050; 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 ₹1,43,040
 "Gold price dips ₹10 to ₹1,56,050; silver down ₹100, trading at ₹2,74,900")
US gold sinks to two-month low as US-Iran tensions stoke inflation fears
Spot gold was down 1.1 per cent to $4,406.81 per ounce, as of 0236 GMT, falling to its lowest level since March 27
 "US gold sinks to two-month low as US-Iran tensions stoke inflation fears")
Oil prices jump 2% after fresh US strikes on Iranian military site
Brent crude futures rose $1.90, or 2.02 per cent, to $96.19 a barrel by 0015 GMT, while the more active August contract gained $1.64 or 1.78 per cent, to $93.89
 "Oil prices jump 2% after fresh US strikes on Iranian military site")