Commodity News
Oil prices climb as investors reassess West Asia ceasefire prospects
Brent futures rose $1.13, or 1.1 per cent, to $103.35 a barrel by 0051 GMT, while US West Texas Intermediate crude futures were up $1.08, or 1.2 per cent, at $91.40 a barrel
 "Oil prices climb as investors reassess West Asia ceasefire prospects")
Gold price climbs ₹10 to ₹1,46,680; silver up ₹100, trades at ₹2,50,100
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,34,460
 "Gold price climbs ₹10 to ₹1,46,680; silver up ₹100, trades at ₹2,50,100")
Gold price correction: Lenders seek more collateral if LTV is breached
Borrowers asked to pledge additional gold or repay loans as lenders monitor LTV breaches amid price correction and rising volatility in the gold market
 "Gold price correction: Lenders seek more collateral if LTV is breached")
Brent tactically bullish, structurally volatile in short-term, says analyst
Mohammed Imran, research analyst at Mirae Asset Sharekhan, maintains the Q2 2026 Brent target of $110/bbl and WTI at $100
 "Brent tactically bullish, structurally volatile in short-term, says analyst")
Gold, silver ETFs rise up to 6% on early signs of easing West Asia crisis
Gold April futures on the MCX traded higher by 3.78 per cent at ₹1,44,370 per 10 gm, while silver May futures gained 5.54 per cent to ₹2,36,338 per kg
 "Gold, silver ETFs rise up to 6% on early signs of easing West Asia crisis")
Gold rises over 2% on softer dollar, easing fears of higher interest rates
Spot gold rose 2.5 per cent to $4,587.09 per ounce as of 0218 GMT. US gold futures for April delivery gained 4.2 per cent to $4,586.10
 "Gold rises over 2% on softer dollar, easing fears of higher interest rates")
Gold price falls ₹10 to ₹1,42,900; silver rises ₹100, trading at ₹2,35,100
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,30,990
 "Gold price falls ₹10 to ₹1,42,900; silver rises ₹100, trading at ₹2,35,100")
Gold price dips ₹10 to ₹1,35,640; silver down ₹100, trades at ₹2,29,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,24,340
Gold rebounds ₹1,200 to ₹1.44 lakh/10g in Delhi; silver stays flat
The precious metal of 99.9 per cent purity had closed at Rs 1,43,600 per 10 grams (inclusive of all taxes) on Monday
 "Gold rebounds ₹1,200 to ₹1.44 lakh/10g in Delhi; silver stays flat")
Oil prices plunge; two Indian LPG tankers cross Strait of Hormuz
Oil prices dropped sharply after Trump paused Iran strikes, while Indian LPG tankers crossed the Strait of Hormuz amid supply concerns and disruptions in West Asia
 "Oil prices plunge; two Indian LPG tankers cross Strait of Hormuz")
Crude oil rises ₹359 to ₹9,617 per barrel on Iran war, supply concerns
Analysts said crude oil prices rallied in domestic and international markets as investors assessed the impact of rising tensions around the Strait of Hormuz, a key oil transit route
 "Crude oil rises ₹359 to ₹9,617 per barrel on Iran war, supply concerns")
Silver hits lower circuit in futures trade, down 9% at ₹2.06 lakh/kg
Analysts said the sharp fall came despite escalating tensions in West Asia, as broader macroeconomic factors weighed heavily on precious metal prices
 "Silver hits lower circuit in futures trade, down 9% at ₹2.06 lakh/kg")
Goldman raises oil forecasts on largest-ever supply shock amid Iran war
Brent is expected to average $85 a barrel in 2026, up from an earlier forecast of $77, analysts including Daan Struyven said in a note
 "Goldman raises oil forecasts on largest-ever supply shock amid Iran war")
Indian Rupee weakens past 94/$ on elevated crude prices, firm US dollar
The decline in the domestic currency, analysts said, reflects a combination of elevated crude prices, persistent foreign outflows, and a structurally strong US dollar
 "Indian Rupee weakens past 94/$ on elevated crude prices, firm US dollar")
Gold, silver ETFs decline up to 8% as West Asia crisis spooks investors
Broader market sentiment was also fragile on Monday as the war in West Asia entered its fourth week with no clear resolution in sight
 "Gold, silver ETFs decline up to 8% as West Asia crisis spooks investors")
Gold price falls ₹10 to ₹1,45,960; silver down ₹100, trades at ₹2,44,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,33,790
Gold falls more than 3% as West Asia war deepens inflation concerns
Bullion plunged as much as 3.8 per cent to near $4,320.30 an ounce, less than a dollar above where it ended last year
 "Gold falls more than 3% as West Asia war deepens inflation concerns")
LNG crunch may stoke inflation, slow global growth after Qatar hit: Analyst
The damaged LNG trains represent a structural hole in global supply that no amount of diplomatic goodwill can close before the 2026-27 winter
 "LNG crunch may stoke inflation, slow global growth after Qatar hit: Analyst")
Oil steady as investors weigh US-Iran threats to facilities, sanctions lift
Brent crude futures dropped 8 cents to $112.11 a barrel by 2324 GMT after settling at the highest since July 2022 on Friday
Gold, silver may see mild recovery next week; PMI, crude in focus
Gold and silver may stabilise after a sharp fall, with mild recovery likely but gains capped by strong dollar and high interest rates
 "Gold, silver may see mild recovery next week; PMI, crude in focus")