Commodity News

Gold prices fell further on Monday as a strong US jobs report stoked fears of a Federal Reserve rate hike, while fresh Israeli strikes on Iran pushed oil prices higher and added to inflation concerns. Spot gold dropped 0.4% to $4,313.11 per ounce. Read ahead to know more.

OPEC+ approved a fourth consecutive quota increase of 188,000 barrels per day from July but actual production remains far below targets as the Strait of Hormuz closure persists.

The NSE Electronic Gold Receipt platform will be fully operational within ten days, targeting mobilisation of India's estimated 50,000 tonne idle gold stock to reduce import dependence and create new financial returns.

Indian government bond yields rose ahead of the RBI policy meeting as oil prices climbed above $94 per barrel amid US-Iran tension.

MCX has launched Silver 100 futures contracts with a 100-gram trading unit, expanding access to silver derivatives for retail investors and jewellers through smaller lot sizes and compulsory physical delivery.

Commercial liquefied petroleum gas prices rose for the fourth time since the West Asia war began on 01 June, with the Delhi 19-kg cylinder now at ₹3,113.50 after a ₹42 hike. Read ahead to know more.

Gold price remains under pressure on Thursday as Iran war concerns kept inflation fears elevated and Federal Reserve rate hike expectations limited the metal's safe-haven appeal. Read ahead to know more.

India plans to boost coal gasification to cut imports worth ₹3 lakh crore, attract investment and strengthen domestic manufacturing.

India plans four critical mineral processing plants with ₹500 crore support, putting mining, EV battery and rare earth-linked stocks in focus.

NSE and the Steel Users Federation of India have partnered to develop steel derivatives and strengthen risk management across India’s steel industry.

India’s fuel retailers are losing ₹7–8 per litre as crude nears $98, with relief unlikely unless Brent drops below $87.

Brent crude fell below $100 on 25 May as US-Iran peace talks showed progress toward a memorandum of understanding. Key disputes over the Strait of Hormuz remain unresolved.