Commodity News

Oil slips on hopes US-Iran talks talks likely to proceed, boosting supply

Brent futures ​declined 95 cents, or 1%, at $94.53, as of 0003 GMT while US West Texas Intermediate (WTI) crude futures ‌for May fell $1.54, or 1.72%, to $88.07

Gold price falls ₹10 to ₹1,55,280; 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 ₹1,42,340

Licence renewal inertia squeezes dore gold imports, tightens supply

Industry warns that delays in renewing refinery licences for dore gold imports could tighten bullion supply, hurt jobs, and disrupt downstream jewellery manufacturing

Gold price falls ₹10 to ₹1,55,770; 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 ₹1,42,790

Oil rebounds over 6% after renewed US-Iran standoff in Strait of Hormuz

Brent crude futures jumped $6.11, or 6.76 per cent, to $96.49 a barrel by 2327 GMT and US West Texas Intermediate was at $90.38 a barrel, up $6.53, or 7.79 per cent

Amid tight budgets, gold shines this Akshaya Tritiya on demand boost

Festive sentiment lifts gold and jewellery demand this Akshaya Tritiya, but high prices keep budgets tight, pushing buyers toward lower grammage and investment-led purchases

Gold price falls ₹10 to ₹1,54,190; silver down ₹100, trading at ₹2,64,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,340

Oil settles down 9% as Iran declares Strait of Hormuz open; Brent at $90.38

US West Texas Intermediate crude futures settled down $10.48, ‌or 11.45 per cent, at $83.85 a barrel, after touching a low of $80.56

Crude oil futures fall over 2% to ₹8,396/barrel as Trump signals Iran deal

Crude prices for May delivery decreased by ₹180, or 2.1 per cent, to ₹8,396 per barrel on the Multi Commodity Exchange

Gold demand in India lacklustre as elevated prices curb festive buying

Domestic gold prices were trading around ₹1,53,200 per 10 grams on Friday, after rising to ₹1,55,065 earlier this week, the highest in a month

Banks halt gold, silver imports amid delay in government clearance

Without fresh imports, India could face supply shortages, as the ​world's second-largest gold consumer and biggest silver buyer relies on overseas purchases to meet nearly all its demand

Gold price climbs ₹10 to ₹1,55,580; silver down ₹100, trading at ₹2,69,900

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,42,610

Gold price climbs ₹10 to ₹1,55,360; 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 ₹1,42,410

Oil prices fall as hopes for US-Iran deal outweigh supply concerns

Brent crude futures dropped 44 cents, or 0.5 per cent, to $94.49 a barrel at ‌0021 GMT. US West Texas Intermediate crude futures was down 70 cents, or 0.8 per cent, at $90.59 a barrel

Gold falls from one-month peak as investors look to US-Iran negotiations

Spot gold ‌was down 0.7% at $4,806.77 per ounce, as of 1131 GMT, after hitting its highest since March 18 earlier. U.S. gold futures for June delivery fell 0.4% to $4,829.70

Akshaya Tritiya likely to keep its shine under gold's costly glare

Jewellery retailers expect strong Akshaya Tritiya demand despite high gold prices, supported by festive sentiment, wedding season demand and growing interest in diamond jewellery

Oil falls as hopes of Iran talks ease Hormuz concerns, Brent at $94.27

Brent crude futures fell 52 cents, or 0.55 per cent, to $94.27 a ‌barrel at 0054 GMT after falling 4.6 per cent in the previous session

Gold price climbs ₹10 to ₹1,53,940; silver down ₹100, trading at ₹2,54,900

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,41,110

Strait of Hormuz blockade impact: 2.3mbpd oil supply at risk, says Nomura

Iran, according to Nomura's estimates, has been the biggest beneficiary since the war broke out in terms oil revenues that rose 36 per cent y-o-y in March 2026 to $5.7 billion

Gold price falls ₹10 to ₹1,52,450; silver down ₹100, trading at ₹2,54,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,740