Oil price outlook: The most significant downward pressure on oil prices this month stems from renewed optimism regarding the conflict in Ukraine.
Axis Securities maintains a constructive outlook on silver, citing multiple tailwinds that continue to sustain the rally even as valuations stretch
WTI plunged 2.5 per cent over the past five trading sessions to $58.05/bbl, shedding 5.5 per cent in the last month and more than 20 per cent since mid-June highs near $73/bbl
Gold will react mainly to the shifting odds of a December rate cut, which means that the September NFP report may further weigh on the yellow metal, analyst said
Oil price outlook: While the outlook for the oil market remains bearish with expectations for a large surplus in 2026, robust refinery margins offer counterbalance
Trading at MCX was delayed by four hours due to a technical glitch, marking the second disruption in four months and raising questions over the exchange's systems
India-focused funds saw $382 million in outflows this week, even as global investors shifted towards China and gold, Elara Capital reported
In CY25, spot gold prices in dollar terms rallied 47.3 per cent, while spot silver has surged 62 per cent, outperforming major asset classes
Indian Rupee today: The domestic currency opened six paise higher at 88.69 on Tuesday against the greenback
Indian Rupee today: The domestic currency closed four paise lower at 88.75 on Monday against the greenback, according to Bloomberg
Despite Western countries imposing sanctions and gradually widening measures, Russia's oil exports have not been significantly impacted so far, Kotak said
Huge surge in silver ETF inflows is the major driver of this stunning ongoing silver rally as Fed rate cut expectations boost investors' sentiments
Spot silver closed with a loss of over 2 per cent at $41.67 MOz on September 17 as the US Dollar Index and bond yields spiked higher on the Fed Chair Powell's comments in his post FOMC presser
MCX shares rose 5 per cent after Sebi said it is considering a plan to allow banks and pension funds to trade commodities
Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, sees a weakening US labour market as a potential source of concern for the metal
Gold outlook: The yellow metal is likely to rise to $3800 (Rs 115,000) in the coming months, with support at $3600, according to Praveen Singh
Silver outlook continues to remain constructive on rate cut expectations, huge ETF inflows, elevated geopolitical and economic risks. Strength in gold bodes well for silver.
On the technical side, charts are crystal clear. Gold recently broke out of a bullish pole-and-flag pattern on the weekly time-frame, a setup that often precedes strong continuation rallies.
Gold outlook: As the Fed Chair Powell's focus has shifted from inflation to the weakening US job market, the US monthly job report will be critical for gold for short-term trading.
Strong ongoing rally in Chinese equities is mostly positive for the grey metal. CSI33 Index has rallied over 27 per cent from its April low.