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In the last fortnight, gold prices have gained nearly 6.5 percent on Comex – the platform for precious metal F&O trades - while silver has seen a rally of more than 10 percent.
Hindustan Zinc share price: The company is the largest producer of silver in India, and produces refined silver with a minimum 99.9 percent purity.
Gold rate today: Yellow metal's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 98,456 per 10 gram today.
Gold rate today: Yellow metal's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 98,012 per 10 gram today.
Brent crude futures dipped 5 cents, or 0.1%, to $65.58 a barrel by 0040 GMT while U.S. West Texas Intermediate crude was at $63.32 a barrel, down 9 cents, or 0.1%.
Gold rates today: Yellow metal's August contracts on MCX opened at Rs 97,811 per 10 gram today.
Brent crude futures gained 55 cents, or 0.85%, to $65.18 a barrel by 0000 GMT. U.S. West Texas Intermediate crude was up 59 cents, or 0.94%, to $63.11 a barrel, after rising around 1% earlier in the session.
The rising tariff jitters and geopolitical tensions have hiked investors' concerns about markets. Gold, which offers a safe haven opportunity to investors as it mostly dodges the market fluctuations, seemingly benefitted from the concerns.
Gold rate today: Gold's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,131 per 10 gram today.
While a 25 percent tariff on these key industrial metals was bad enough, a doubling to 50 percent is a punitive measure to discourage imports and revive lethargic domestic output
Oil traders said the decision for a 411,000-bpd output hike has already been priced into Brent and WTI futures, which slipped more than 1% last week.
Commodity markets now turn to the upcoming US labour report for policy signals, following early signs of a rebound in Q2 with modest gains in consumer spending and subdued April inflation. The ECB policy meeting, where a 25 bps rate cut is widely expected, and final PMI data will also be watched.
Gold rate today: Yellow metal's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 94,900 per 10 gram today.
Gold rate today: Yellow metal's June contracts on MCX opened at Rs 95,287 per 10 gram today.
Spot gold was up 0.3% at $3,308.99 an ounce, as of 0237 GMT, slightly recovering from a 1% decline in the previous session.
Gold rate today: Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 95,600 per 10 gram today.
Dispatches by Coal India slowed in FY25 and in April FY26
Gold rate today: Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,001 per 10 gram on May 26.
The dollar index, meanwhile, fell to a nearly one-month low against its rivals. A weaker dollar makes greenback-priced gold less expensive for other currency holders. [USD/]
Gold price may continue its positive trend in the coming week, but may encounter initial resistance at Rs 97,600, which bulls may break and sustain above, allowing prices to approach all-time highs. On the other side, initial support is at Rs 94,000, followed by Rs 92,800.
The record numbers indicate renewed confidence in the coal sector as the Indian government seeks to ensure energy security for the country through thermal power till the time firm renewable energy becomes affordable.
According to Geojit Financial Services, The sowing of summer crops in Maharashtra reached 510,539 hectares as of Monday, up 20% on year from 424,345 hectares sown in the same period last year, according to a report released by the state agriculture department.
Iran is the third-largest producer among the members of the Organization of the Petroleum Exporting Countries (OPEC) and an Israeli attack could upset flows from the country
Gold rate today: Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 95,344 per 10 gram today.
According to Geojit Financial Services, The sowing of summer crops across India progressed to 8.07 million hectares as of Friday, up nearly 12% from 7.21 million hectares a year ago, according to data released by the agriculture ministry Monday.
