Oil rises 1% on Iran sanctions, drop in US crude stocks
The market found support after Trump on Tuesday backed off from threats to fire Fed Chair Jerome Powell, after days of intensifying criticisms of him for not cutting interest rates. Trump also signalled the possibility of lower tariffs on China.
JP Morgan see gold prices crossing $4,000/oz by Q2 2026
The bank now expects gold prices to reach an average of $3,675/oz by 4Q25, on the way towards above $4,000/oz by 2Q26, with risks skewed towards an earlier overshoot of these forecasts if demand surpasses its expectations.
Gold continues stellar show; surges Rs 1,493 to breach Rs 96k-mark
On the Multi Commodity Exchange (MCX), the yellow metal contracts for June delivery continued their stellar run for the third straight day by climbing Rs 1,493 or 1.57% to touch a fresh peak of Rs 96,747 per 10 grams in the initial trade.
Gold soars to record high on trade war concerns, weaker dollar
Spot gold had advanced 1.7% to $3,383.87 an ounce as of 0246 GMT, after hitting a record high of $3,384 earlier in the session.
Silver hits over eight-week low as market frets about industrial demand
Silver typically tends to move alongside gold, but industrial uses such as electronics and photovoltaics account for more than half of global demand, estimated at around 700.2 million troy ounces as of 2024, according to the Silver Institute industry association.
Oil holds near one-month high, set for third week of gains amid supply woes
Brent crude futures dipped 8 cents, or 0.1%, at $73.95 a barrel as of 0213 GMT. U.S. West Texas Intermediate crude futures were also down 8 cents, or 0.1%, to $69.84 a barrel at 0049 GMT.
Gold rally attracts investors back to mining stocks after months of outflows
Gold Fields has also indicated it could initiate a share buyback this year, while Harmony Gold plans to self-fund the construction of a new copper mine in Australia.
Oil set for weekly gain on Iran sanctions, OPEC+ plan to rein in overproduction
Brent crude futures climbed 42 cents, or 0.6%, to $72.40 per barrel by 0026 GMT. U.S. West Texas Intermediate crude futures were up 45 cents, or 0.6%, to $68.52 a barrel.
Agri picks report March 20, 2025: Geojit Financial Services
According to Geojit, The sowing of summer crops in Maharashtra has reached 359,482 hectares as of Monday, up 29% on year from 278,687 hectares sown in the same period last year, according to a report released by the state agriculture department.
Oil prices rise on US data, Middle East tensions
The prices rose after U.S. government data showed a higher-than-expected drawdown in distillate inventories for last week.
Oil bounces as Ukraine ceasefire deal remains elusive
Brent crude futures rose 46 cents, or 0.7%, to $70.34 a barrel by 0406 GMT after settling 1.5% lower in the previous session. U.S. West Texas Intermediate crude was at $67.03 a barrel, up 48 cents, or 0.7%, after closing down 1.7% on Thursday.
Gold scales all-time peak, flirts with $3,000 mark
Spot gold was flat at $2,990.54 an ounce, as of 0847 GMT. Earlier in the session, safe-haven bullion hit a record high of $2,993.80.
Gold rises as tariff uncertainty, cooler inflation data lend support
Data showed that the U.S. consumer price index increased less than expected last month, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the cost of most goods in the months ahead.
Oil eases on concerns about escalating tariff wars' impact on global economy
Brent futures fell 7 cents, or 0.1%, to $70.88 a barrel by 0107 GMT, while U.S. West Texas Intermediate crude futures shed 11 cents, or 0.2%, to $67.57 a barrel.
High prices, year-end slowdown dampen India's gold demand
Domestic gold prices were trading around 85,860 rupees per 10 grams on Friday after hitting a record high of 86,592 rupees last month.
India's annual palm oil imports to fall behind soft oils for first time, industry official says
Lower palm oil imports by India, the world's biggest buyer of vegetable oils, could weigh on benchmark Malaysian palm oil prices and support U.S. soyoil futures
Gold set for eighth weekly gain as tariff threats boost safe-haven demand
Spot gold held its ground at $2,940.32 an ounce, as of 0251 GMT. Bullion has risen about 2% so far this week, and scaled an all-time high of $2,954.69 in the previous session.
Oil prices ease after report of US crude inventories rise
Brent futures were down 22 cents, or 0.29%, at $75.82 a barrel by 0135 GMT.
Gold falls on profit-taking, hopes for Russia-Ukraine peace talks
Spot gold shed 0.2% to $2,928.52 an ounce, as of 0338 GMT, $14 shy of its all-time high of $2,942.70 hit last week.
Brent oil prices tick down after gaining on Caspian pump station attack
U.S. West Texas Intermediate (WTI) crude rose 47 cents to $71.21 a barrel. The WTI contract did not settle at its normal time on Monday due to the U.S. Presidents’ Day holiday.
Rupee falls 16 paise to close at 86.87 against US dollar
At the interbank foreign exchange, the rupee opened at 86.70 and touched the high of 86.68 against the greenback during intraday
Gold inches higher on trade war concerns; US data in focus
Spot gold was up 0.2% at $2,908.50 per ounce, as of 0240 GMT. Bullion hit a record peak of $2,942.70 on Tuesday. U.S. gold futures firmed 0.3% to $2,936.50.
Gold surges Rs 2,430 to hit lifetime high of Rs 88,500 per 10g amid Donald Trump's tariff threats
Gold of 99.5 per cent purity surged by Rs 2,430 to hit a record high of Rs 88,100 per 10 grams in the local markets.
Oil prices extend losses on uncertainty over Trump tariff impact
Brent crude futures fell 23 cents, or 0.3%, to $78.79 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude (WTI) eased 18 cents, or 0.2%, to $75.26.
