Commodity News

Gold import duty hike to hurt jewellery trade, spur grey market: GJC

The government on Wednesday hiked import duties on gold and silver to 15 per cent from 6 per cent as part of measures to curb inbound shipments of precious metals

Oil prices fall on teetering Iran ceasefire as Trump heads to China

Brent crude futures dropped $1.22, ​or 1.1%, to $106.55 a barrel at 0410 GMT while US West Texas Intermediate futures fell $1.16, or 1.1%, to $101.02

Gold price climbs ₹10 to ₹1,53,990; silver up ₹100, trades at ₹2,90,100

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,41,160

Oil prices rise as fragile US-Iran ceasefire talks keep supply fears alive

Brent ​crude futures were up 30 cents, or 0.29 per cent, at $104.51 per barrel, while US West Texas ‌Intermediate gained 31 cents, or 0.32 per cent, to $98.38 by 0002 GMT

Gold price falls ₹10 to ₹1,52,120; silver down ₹100, trades at ₹2,74,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,440

Oil rises $4 as US and Iran disagree on peace proposal; Brent at $105

US West Texas Intermediate was at $99.85 a barrel, up $4.43, or 4.64 per cent

Gold price falls ₹10 to ₹1,52,340; silver down ₹100, trades at ₹2,74,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,640

Gold, silver seen range-bound for second week amid US-Iran talks: Analysts

Gold and silver are likely to stay range-bound as investors monitor US-Iran peace talks, inflation data and global macroeconomic signals

Gold price falls ₹10 to ₹1,52,670; silver rises ₹100, trading at ₹2,75,100

The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,39,940

India gold demand subdued on higher prices, China premiums hold firm

Spot gold prices have ​risen over 2 per cent so far this week on easing fears of inflation and ‌higher interest rates, as investors remained optimistic about a US-Iran peace deal

Oil prices jump over 1% after renewed hostilities between US, Iran

Brent crude futures were up $1.41, or ‌1.41 per cent, at $101.47 a barrel as of 0123 GMT

Gold price climbs ₹10 to ₹1,53,010; silver up ₹100, trades at ₹2,70,100

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,40,260

Oil prices rise as investors weigh prospects of peace deal in West Asia war

Both benchmarks slumped more than 7 per cent on Wednesday, hitting two-week lows on optimism over a possible end to the West Asia war

Gold price dips ₹10 to ₹1,49,170; silver down ₹100, trades at ₹2,54,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,36,740

Gold price dips ₹10 to ₹1,49,610; silver down ₹100, trades at ₹2,64,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,37,140

Oil eases after surge as US bid to reopen Strait of Hormuz calms markets

Brent oil futures for July fell 68 cents, or 0.6 per cent, to $113.76 per barrel at 0100 GMT, after settling up 5.8 per cent on Monday

Oil falls after Trump announces Project Freedom to escort ships via Hormuz

Brent ‌crude futures fell 6 cents, or 0.1 per cent, to $108.11 a barrel by 0400 GMT after settling down $2.23 on Friday

Gold price dips ₹10 to ₹1,50,920; silver falls ₹100, trading at ₹2,64,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,340

Gold price falls ₹10 to ₹1,50,370; silver rises ₹100, trading at ₹2,55,100

The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,37,840

Oil falls as Iran proposes talks but prices still set for weekly gains

Brent's June contract hit $126.41 a barrel on Thursday, marking the highest level since March 2022, before ending the session down