Commodity News

Jewellery Stocks Glitter: Kalyan Jewellers, Sky Gold, Senco, PC Jewellers Surge Up To 5%; Know Why

Sky Gold and Diamonds shares rose as much as 4.07%, while Senco Gold share price gained over 3%. Kalyan Jewellers India shares advanced more than 2%, and Titan Company shares rose around 0.5%.

MCX shares jump 8% in 3 days as gold, silver futures rise. What lies ahead for investors?

MCX shares rose in three sessions to Rs 3,211, tracking a third straight session of gains in gold and silver prices amid a weaker US dollar and easing concerns over long-term yields. The stock has gained 15% in a month, 45% so far this year and 101% over the past year, while delivering a staggering 932% return in three years and 970% in five years.

Why Jefferies’ Chris Wood sees gold as the second-best hedge amid Iran war and fiscal risks

Jefferies’ Christopher Wood sees gold as the second-best hedge for investors amid rising geopolitical and fiscal risks linked to the Iran conflict. While he prefers oil and energy stocks as the primary hedge, Wood expects gold and gold miners to benefit from renewed monetary easing expectations, geopolitical shocks and persistent fiscal concerns.

Gold Rush: JPMorgan Initiates On IIFL, Manappuram, Muthoot — Check Target Prices

JPM sees "structural, not cyclical" growth ahead for gold-loan NBFCs, citing low penetration and a multi-year shift away from unsecured credit.

Hindustan Copper shares jump 4%. What’s driving the rally?

Hindustan Copper shares rose on Friday as global copper prices gained on a weaker US dollar, while technical indicators pointed to improving momentum. However, rising LME inventories and narrowing cash-to-three-month copper spreads suggest easing supply tightness. Analysts remain positive on the stock, citing a breakout above the Rs 550 resistance zone.

Muthoot, Manappuram Finance shares jump up to 7% in 2 days as gold crosses Rs 1.6 lakh/10 gm

Gold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained up to 7% in two sessions as gold prices crossed Rs 1.6 lakh per 10 grams on the MCX. A weaker dollar and the US Treasury’s bond-buyback move supported gold prices, boosting sentiment around gold-backed lending companies.

Goldman Sachs starts coverage on 14 banks with up to 37% upside potential; ICICI Bank, Kotak among top picks

Goldman Sachs has initiated coverage on 14 Indian banks with a mix of Buy, Neutral and Sell ratings, focusing on earnings growth, franchise strength, valuations and the normalisation of return on assets (ROA) as key stock drivers. The brokerage sees private banks at an inflection point.

Hindustan Zinc shares jump 7% in two sessions. What’s triggering the rally?

Hindustan Zinc shares rose 4% as silver prices climbed for a third straight session, taking the stock’s two-day gain to 7%. The company, one of the world’s leading silver producers, continues to benefit from strong fundamentals and a favourable outlook for the metal. Its Q1 FY27 net profit surged 145% YoY to Rs 5,469 crore, while margins improved.

Gold prices rise Rs 6,400/10g in 3 days; silver jumps Rs 13,000/kg despite Middle East tensions. Big rally brewing?

Gold and silver prices rose for a third straight session on the MCX on Friday, supported by a weaker U.S. dollar and expectations of controlled longer-term Treasury yields. MCX silver surged Rs 13,000 over the past three sessions, while gold gained nearly Rs 6,500 per 10 grams. Analysts remained bullish, with key support and resistance levels in focus amid Fed rate uncertainty and geopolitical tensions.

Gold Financier Stocks Rally: IIFL Finance, Muthoot, Manappuram Jump Upto 6% As JPMorgan Turns Bullish

Against this backdrop, JPMorgan initiated coverage on three major gold financiers with an Overweight rating, identifying low penetration and structural growth potential in the gold-loan market.

Gold, silver prices today, 21 August: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 21 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

MCX gold nears ₹1,60,000, silver at ₹2,45,000 amid positive global cues; experts highlight key levels to watch

MCX gold nears ₹1,60,000, silver at ₹2,45,000 amid positive global cues; experts highlight key levels to watch

HDFC Bank, ICICI Bank To PNB, SBI: Goldman Sachs' 6 Buys, 4 Sells, 4 Neutrals Across Banks — Check Target Prices

Goldman Sachs initiates coverage on 14 Indian banks, with Buy calls on HDFC Bank, ICICI Bank, Axis Bank, Kotak Bank and more. Check full list and targets.

ICICI Bank Share Price Live Updates: Goldman Sachs starts coverage on 14 banks with up to 37% upside potential; ICICI Bank, Kotak among top picks

Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?

An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. President Donald Trump also threatened economic retaliation against countries supporting Iran.

Dividend alert! Last day to buy Senco Gold, NALCO and 8 other stocks for dividend rewards

Today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 24), making them eligible for the dividend.

Dividend alert! Last day to buy Senco Gold, NALCO among 10 stocks for dividend rewards

Today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 24), making them eligible for the dividend.

Gold Set For Third Weekly Gain On US Treasury Buyback Plans

While yields retraced much of the decline the buyback prompted later in the week, the move reflects concerns about soaring government debt.

Gold steadies, heads for third straight weekly gain

Gold prices maintained stability, closing in on a potential third consecutive weekly rise. The support came from a weaker dollar and Treasury measures aimed at reducing yields. Furthermore, a decrease in unemployment claims indicated a steady labor market, leading markets to expect that the Federal Reserve will likely hold interest rates steady in September. Additionally, other precious metals like silver, platinum, and palladium witnessed gains this week.

Gold, Silver Rate Today: What Are The 24K, 22K Prices In Mumbai, Delhi, Chennai, Kolkata, Bengaluru On August 21

In the international market, spot gold rose 0.2% to $4,522.90 an ounce at 8:11 a.m. in Singapore. Silver advanced 0.1% to $68.16 an ounce.

These three copper stocks are riding India’s energy expansion. Should you invest?

Domestic copper demand is surging, driven by EV adoption, renewable power, and massive grid upgrades. Here’s a breakdown of the three key Indian players expanding capacity to capture this growth.

Stock Market Today: Gift Nifty, Crude Oil To Gold Rate — Five Key Factors That May Drive Sensex, Nifty 50 on August 21

Asia markets traded lower early Friday, following overnight losses on Wall Street, as bond yields rebounded. Crude oil prices also remain elevated, with Brent above $93 per barrel.

Wall Street Highlights: S&P 500, Nasdaq Fall As Oil, Yields Climb While Walmart Slumps

Brent crude oil gained as much as 3.4% to nearly $95 a barrel, the highest in almost four weeks, after President Donald Trump threatened Iran with "economic warfare" and said the country failed to take a deal.

Gillette India, NALCO, Senco Gold, SJVN Dividends: Last Day To Buy Shares To Qualify

Shares of Gillette India, NALCO, Senco Gold, SJVN, and others will trade ex-dividend on August 24, 2026. Investors must buy by August 21 to qualify for dividends.

Gold Set for Third Weekly Gain on US Treasury Buyback Plans

Gold was on track for a third weekly gain after the US Treasury’s unexpected ramp-up in buybacks of long-dated government debt underscored concerns about its burden.

Hua Hong, Kingboard, Zijin Gold May Join Hong Kong’s Stock Index

Hang Seng Indexes Co. may add chipmaker Hua Hong Grace Semiconductor Ltd., AI-related firm Kingboard Laminates Holdings Ltd. and miner Zijin Gold International Co. to Hong Kong’s equity benchmark, according to analysts.

July core growth down to 5.4% as iron ore, power lose steam

India’s core sector growth slowed to 5.4% in July from 6% in June, with weaker iron ore, steel and electricity output and contractions in fertiliser and crude oil. Cement and coal production strengthened. Despite the monthly slowdown, April-July growth rose to 4.3% from 1.5% a year earlier. Economists expect core and industrial output growth to moderate further due to base effects.

Crude oil prices surge to near one-month high as US prepares sweeping sanctions on Iran

Crude oil prices reach near one -month highs as the US plans extensive sanctions against Iran, aiming to isolate the country economically. Brent crude rose almost $3 to $92 a barrel while WTI jumped 3.3% to $86.72, amid rising tensions and Trump's warnings about economic penalties.

Gold loan jewellery stolen from bank? Consumer court ruling explains your compensation rights

A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay ₹88,362 with 9% interest, plus compensation.

Rs 7,500 Surge On MCX: Gold, Silver Regain Glitter Post Intraday Blip. What's The Catalyst

The latest rally in precious metals come after Bessent said buybacks of Treasury securities could be more than $4 billion per issue.

Aditya Birla Capital to enter gold loan market, target 1,000 branches

Aditya Birla Capital will enter India’s competitive gold loan market with 200-300 dedicated branches by March 2027, followed by a target of around 1,000 branches over three years. The move comes after Tata Capital and Godrej Capital entered the segment, as diversified non-bank lenders expand secured lending portfolios.

Gold Falls 1%, Silver Shine Intact: Check Key Trading Levels As Treasury Buyback Gains Fade

Spot gold dipped 1.26% to $4,466.13 an ounce at 6:14 pm IST, while silver declined 1% to $66.3.

US stock market today: Wall Street futures remain flat amid oil, yield concerns

US stock futures indicated a cautious start as major indices turned negative due to rising crude oil prices and bond yields. The Dow lost 246 points, following a brief recovery due to the Treasury's debt buyback increase amid concerns over budget deficits and inflation.

US stock market today: Wall Street futures remain flat amid concerns over rising bond yields, oil jitters

US stock futures indicated a cautious start as major indices turned negative due to rising crude oil prices and bond yields. The Dow lost 246 points, following a brief recovery due to the Treasury's debt buyback increase amid concerns over budget deficits and inflation.

Silver ETFs Shine Up To 5% As Global Demand Soars For White Metal: Check 7 Top Performing Funds

The decline in US Treasury yields has emerged as a key catalyst for the latest rally in precious metals.

Gold ETFs Glitter On Strong Global Cues: Which Are The Five Best Funds Based On Six-Month Returns?

The latest surge in Gold ETFs come as gold trades near $4500 after US government bond yields dropped as the Treasury announced buyback plan.

Top Gainers & Losers on 20 Aug: Balrampur Chini Mills, Meesho, MCX, Redington, Muthoot Finance among top gainers

On August 20, Dalal Street rebounded after seven consecutive days of losses, with the Nifty 50 and Sensex gaining 0.55% and 0.75% respectively. Strong performances in banking, FMCG, and technology stocks contributed to the positive outlook despite ongoing US-Iran tensions.

Sold old gold jewellery? Can buying new gold using the proceeds help you save tax — here’s what the law says

Selling gold can incur capital gains tax as they are considered as a capital asset by the income tax department. Here's whether you can eliminate or reduce your tax liability by investing the proceeds into new gold jewellery. 

Global Market: European shares flat as oil prices offset bond market relief

European shares remained flat on Thursday as rising crude oil prices and inflation worries counteracted a recovery in global bond markets following US Treasury intervention. German bond yields hit 15-year highs while travel and mining stocks fell.

Gold rate today: Gold price retraces from 2-month high. Is it the right time to buy gold?

Kaynat Chainwala, AVP - Commodity Research, Kotak Securities, believes that spot gold's retreat below $4,500 an ounce looks like consolidation rather than a reversal of the broader bullish trend.

MCX shares jump 4% as gold, silver futures rise. What lies ahead after a 900% rally in 3 years?

MCX shares jumped over 4% as gold, silver and copper futures rose following a US Treasury liquidity support announcement. The stock has delivered stellar returns of around 900% in three years. UBS upgraded MCX to ‘Buy’ and raised its target to Rs 3,800, while HDFC Securities retained its ‘Buy’ rating, citing regulatory easing and strong growth potential

Shiprocket Share Price Surges Over 9% After Goldman Sachs Buys Over 40 Lakh Shares — Check Details

According to NSE bulk deal data, Goldman Sachs India Equity Portfolio bought 40,24,040 shares of Shiprocket during Wednesday's trading session.

Muthoot Finance Stock Zooms 5%, Manappuram Finance Gains As Gold Prices Hit Rs 1.58 Lakh

A sustained rise in gold prices can be positive for gold financiers as it increases the value of the collateral pledged against loans, providing greater security to lenders and potentially supporting loan growth.

Private capex confidence still catching up as uncertainty clouds investment decisions

Companies are deferring investments due to uncertain demand and volatile commodity prices. Large capital projects require confidence in future cash flows and pricing. The next investment cycle, FY27 to FY31, expects higher annual expenditure demand. Public investment is key to stimulating private capital expenditure and infrastructure growth. Banks and other financial institutions must prepare for increased funding needs.

Muthoot Finance, Manappuram, other gold financier stocks jump up to 4% as gold prices rise above Rs 1.58 lakh/10 grams

Shares of gold loan companies Muthoot Finance, Manappuram Finance and IIFL Finance rose as much as 4% as gold prices surged following the US Treasury’s decision to increase longer-dated bond buybacks. Rising gold prices can boost the value of collateral pledged against gold loans.

Shiprocket shares jump 6% as Goldman Sachs acquires Rs 53 crore stake. Time to buy or book profits?

Shiprocket shares rose sharply on Thursday, extending gains after a blockbuster market debut. The rally came amid strong institutional interest, with Goldman Sachs buying shares worth Rs 52.7 crore in a bulk deal. Analysts remain positive but advise existing investors to consider partial profit-booking and fresh buyers to await dips.

Oil Price Today (August 20): Crude oil above $92/barrel as Trump vows ‘tremendous’ economic warfare on Iran

As tensions rise in the US-Iran conflict, oil prices remain steadfast above ninety-two dollars per barrel. Concerns loom over the security of shipping routes through the crucial Strait of Hormuz. While analysts predict a steady increase in oil prices amid ongoing regional instability, institutions like JPMorgan and Goldman Sachs suggest sharp price surges could happen if disruptions continue.

Gold rebounds above Rs 1.58 lakh/10 grams as US bond yields decline. What lies ahead?

Gold prices rose above Rs 1.58 lakh per 10 grams on the MCX as US Treasury yields fell and the dollar remained subdued following increased liquidity support. With geopolitical uncertainty, crude prices and upcoming US economic data in focus, analysts expect gold to remain volatile while long-term demand stays supportive.

Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US is in no talks with Iran. What lies ahead?

Oil prices have rocketed to nearly $92 per barrel in response to rising tensions in the Middle East. President Trump declared that negotiations with Iran are off the table, leading to heightened concerns over supply. Iran has signaled a shift to aggressive military readiness amid ongoing diplomatic deadlock, resulting in strong rhetoric from both sides regarding the vital Strait of Hormuz.

Aditya Birla Capital To Foray Into Gold Loan Business, Aims To Open 1,000 Branches

The company plans to roll out 200-300 dedicated gold loan branches by March 2027 across high-potential markets. Over the next three years, it aims to build a pan-India network of around 1,000 gold loan branches.