Commodity Watch
Explained: Why gold beat Euro to become the world's second-largest reserve asset
Gold has overtaken the euro as the second-largest global reserve asset, driven by record central bank buying amid geopolitical tensions. Despite recent price volatility, its role as a hedge against uncertainty and sanctions keeps demand elevated.
Gold Price Prediction: Yellow metal opens above Rs 98k/10 gms. Time to book profits?
Gold and silver witnessed significant price volatility in international markets following the release of U.S. inflation data. While inflation came in lower than expected, news of a trade agreement between the U.S. and China capped the gains in precious metals.
Oil prices tick up on worries of escalating US-Iran tension
Oil prices climbed to a two-month high following President Trump's announcement of U.S. personnel being moved from the Middle East, fueling concerns about potential supply disruptions due to escalating tensions with Iran. The U.S. is also preparing a partial evacuation of its Iraqi embassy amid heightened security risks. Optimism surrounding a U.S.-China trade deal and a larger-than-expected drop in U.S.
Gold prices climb as Middle East tensions rise, US inflation eases
Gold prices surged as Middle East tensions escalated, fueling demand for safe-haven assets. Softer U.S. inflation data bolstered expectations of Federal Reserve interest rate cuts, further driving the rally. A weaker dollar made gold more attractive to overseas buyers. Investors are closely watching upcoming U.S.
Top News
Oil prices down, markets assess US-China trade talks outcome Gold rises on lower dollar, US-China trade uncertainty Gold Price Prediction: Yellow metal tumbles Rs 2,800/10 gms amid US-China trade uncertainty. How to trade Gold prices steady as US-China trade talks unfold in London Oil inches up, outcome of US-China trade talks awaited Sold on gold? Silver may steal the spotlight as charts turn bullish and dollar weakens Commodity Radar: Sell gold on rise as yellow metal consolidates. 5 technical factors to watch out for
Gold Rate Today: Yellow metal rises to Rs 97,200/10g as US-China trade uncertainty boosts demand
Gold prices increased due to trade uncertainties between the US and China. Investors sought safe-haven assets before US inflation data release. On MCX, August gold futures rose, while July silver futures slightly declined. Globally, spot gold and US gold futures also experienced gains. Market awaits US CPI report for Federal Reserve policy insights.
Calendar Spread
(Far - Near month contract)
Premium = Futures Price > Spot Price
Discount = Futures Price < Spot Price