Since April, OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising questions about the group's long-term strategy
Gold prices are caught between the impact of strong US data and the possibility of trade friction as trade negotiations continue
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,060
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,660
Brent crude added 92 cents, or 1.4 per cent, to $68.03 a barrel at 1125 GMT, while US West Texas Intermediate crude rose 89 cents, or 1.4 per cent, to $66.34 a barrel.
The World Bank expects silver demand to remain robust, supported by the grey metal's dual role as both an industrial input and a safe-haven asset
Gold is expected to fall sharply in case the Trump Administration decides to extend the July deadline
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,210
Gold price: The yellow metal has witnessed a stunning double-digit rally of roughly 30 per cent so far this year, aided by geopolitical tensions
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,200
Gold, silver prices outlook 2025: While analysts suggest investors, looking to buy gold, to stay on the sidelines, they advise investors to buy silver on dips
The price of 22-carat gold also stumbled ₹10, with ten grams of the yellow metal selling at ₹89,290
The price of 22-carat gold also stumbled ₹10, with ten grams of the yellow metal selling at ₹89,840
The price of 22-carat gold also stumbled ₹10, with ten grams of the yellow metal selling at ₹90,690
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,00,680
Spot gold gained 0.5per cent at $3,384.59 an ounce, as of 1245 a.m. EDT (1645 GMT). US gold futures was up 0.4per cent at $3,400.70
Traders say discounts on Russian oil may fall below $2 a barrel amid rising shipping costs and competition from China and Turkey
The price of 22-carat gold also stumbled ₹10, with ten grams of the yellow metal selling at ₹92,340
Gold has overtaken the euro to become the world's second-biggest reserve asset as central banks continue to buy amid global uncertainty
The price of 22-carat gold also climbed ₹10, with ten grams of the yellow metal selling at ₹92,350