Commodity News
Stay updated on gold, silver, crude oil, natural gas, and base metal markets. This section covers price movements on MCX and international exchanges, supply-demand dynamics, OPEC decisions, and geopolitical events that move commodity prices. Whether you trade on MCX, hold gold ETFs, or simply want to understand how rising oil prices affect your investments, the commodity news here connects the dots between raw material markets and their impact on stocks, inflation, and the broader economy.
Gold prices drop over 2%, slide to 2-month low as Treasury yields, US dollar climb
Gold prices fell 2.3% to $4,066 per ounce, marking a two-month low. Rising Treasury yields and a strong US dollar contributed to this decline. Investors await the FOMC minutes for insights on Fed policy amid inflation concerns and potential rate hikes.
Senco Gold Q2 Business Update: Retail Revenue Up 29% As Firm Projects Strong Seasonal Demand For Q3
Senco Gold also projects 'strong seasonal demand' for the third quarter of financial year 2026-27.
Glitter Fades? Spot Gold Hits Two-Month Low As Strong Dollar, High Yields Weighs On Safe-Haven Appeal
Gold slides to a two-month low as a stronger dollar and elevated US Treasury yields erode the appeal of the non-yielding safe-haven asset.
Top stocks in focus tomorrow: Investors must watch Tata Power, Senco Gold, Dixon Tech shares on Thu, 8 Oct | Triggers
Indian stock market investors are set to monitor key companies on October 8, including Tata Power, Senco Gold, and Fino Payments Bank, due to significant order wins and business updates. Various firms are expected to draw attention amid ongoing market developments.
Top stocks in focus today: Investors must watch Tata Power, Senco Gold, Dixon Tech shares on Thu, 8 Oct | Triggers
Indian stock market investors are set to monitor key companies on October 8, including Tata Power, Senco Gold, and Fino Payments Bank, due to significant order wins and business updates. Various firms are expected to draw attention amid ongoing market developments.
Gold slides to two-month low as robust dollar, yields add pressure
Gold prices have fallen to a two-month low due to a strong US dollar and rising Treasury yields. Spot gold dropped 1.6% to $4,096.13 per ounce, while silver also faced significant declines. The Federal Reserve's policy decisions are anticipated to influence future interest rate hikes, affecting gold's appeal. China's central bank continued its long-term gold purchasing trend, contributing to market dynamics.
Valiant Organics among 5 commodity stocks that hit 52-week highs and rallied up to 48% in a month
The Sensex fell 429 points to 72,638 on Wednesday, but five BSE Commodities Index stocks hit fresh 52-week highs. Valiant Organics led gains, followed by OCCL, Tatva Chintan Pharma Chem, Fine Organic Industries and Manali Petrochemicals.
RBI Policy: Complex oil math explains rise in FY27 inflation estimates
The Reserve Bank of India revised its crude oil price projections for the fiscal year 2026-27. This adjustment has led to increased inflation forecasts, now projected at 5.2% for FY27. The bank notes ongoing supply pressures and volatility in international oil prices contributing to these changes. India's merchandise trade deficit has also widened due to rising imports, especially in crude oil.
Gold Slides Near $4,100: Why Experts Say Equity-Style Dip Buying Could Be A Strategic Flaw
Max Baecker, president of American Hartford Gold, cautioned against the instinct to assign universal price levels for buying the dip or booking profits.
RBI may hike interest rate further in December policy: Experts
The Reserve Bank of India has shifted its policy stance to calibrated tightening amid rising inflation concerns. A rate hike of up to 50 basis points is anticipated in December, increasing the current benchmark rate. Various economists emphasize the likelihood of cumulative rate increases over the next months. Rising commodity prices and global market volatility are influencing these monetary policy decisions.
A new rate game begins. What’s inside the RBI’s new playbook?
RBI rate hike in October monetary policy marks a sharp shift to calibrated tightening, raising the repo rate to 5.5%. RBI Governor Sanjay Malhotra is prioritising inflation risks as crude oil, food prices and inflation expectations rise. Strong FY27 GDP growth at 7.1%, rapid credit growth and tighter liquidity give RBI room to act before supply shocks spread across markets.
RBI rate hike: Debt funds, equities, FDs or gold, which asset classes may benefit as the rate cycle turns? Expert view
RBI’s 25 bps repo rate hike could reshape returns across debt, equity, FDs and gold. Experts explain which asset classes may benefit, where investors could face pressure and how to position portfolios as the rate cycle turns.
Tata Motors PV, Maruti Suzuki, Ashok Leyland, auto stocks drop up to 3% as RBI signals rate cuts are ‘off the table’
Auto stocks including Tata Motors PV, Maruti Suzuki, M&M and Ashok Leyland dropped on Wednesday after the RBI raised the repo rate and shifted to calibrated tightening. Analysts expect Q2 revenue growth to remain strong, but rising commodity costs, limited pricing power and elevated inventories could pressure margins and demand.
RBI Repo Rate Hike: Will Gold Prices Fall After Rates Rise To 5.50%? What Investors Should Know
Gold's recent correction has already been substantial. From the January 28 record of $5,589, spot gold is down around 26%, while the metal is hovering just above the $4,110.55 seven-week low.
RBI Inflation FY2026-27: Malhotra & Co raises inflation forecast to 5.2% for FY27
RBI Inflation 2026-27 Forecast: The Reserve Bank of India has updated its inflation forecast for FY27 to 5.2% from 5.0% previously. This revision comes as retail inflation exceeds the RBI's target for three consecutive months. The rise in crude oil prices and food costs is a significant contributing factor. Additionally, a weaker rupee adds to imported commodity expenses and inflationary pressures. El Niño is also expected to impact food supply, further influencing inflation.
Global Market: China gold reserves rise for 23rd straight month, forex reserves fall
China’s central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves amid shifting global financial markets. However, the country’s foreign exchange reserves fell more than expected to $3.400 trillion, pressured by a stronger US dollar. The yuan strengthened 0.22% against the greenback during the month.
Gold prices dip Rs 1,500/10 grams; silver down Rs 1,600/kg ahead of Fed minutes. Key levels to track
Gold and silver prices fell on the Multi Commodity Exchange as traders anticipated crucial insights from the US Federal Reserve's September meeting minutes. While optimism for an October rate hike has waned, December remains on the table. Analysts have outlined key support and resistance levels for both metals today. Additionally, physical gold prices differ in major Indian cities, reflecting varied market dynamics.
India’s great market disconnect: The economy says steady, but stocks say trouble. Which signal should investors trust?
India's macroeconomic fundamentals indicate strong growth despite the Nifty index losing 13% this year. While industrial production and corporate earnings demonstrate resilience, foreign selling pressures weigh on equities. Upcoming earnings season is crucial as investors assess the impact of input costs on margins. Analysts suggest that the market needs broader economic signals to recover sustainably. Stability in global bond yields and crude oil prices could also influence market sentiment.
Gold and silver price today, 7 Oct: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
Gold and silver prices today, 7 October: 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.
Titan Company shares fall 4% after Q2 business update. What is Nomura saying?
Titan Company reported 25% year-on-year growth across its consumer businesses in Q2FY27, led by jewellery, watches and EyeCare. Nomura retained its Buy rating, citing strong growth visibility despite high jewellery sales bases and elevated gold prices.
Titan Company shares in focus after Q2 business update. What is Nomura saying?
Titan Company reported 25% year-on-year growth across its consumer businesses in Q2FY27, led by jewellery, watches and EyeCare. Nomura retained its Buy rating, citing strong growth visibility despite high jewellery sales bases and elevated gold prices.
Dabur Q2 Growth Improves, But Brokerages Split; Nomura Says 'Buy', Goldman Stays 'Neutral'
For Nomura, the focus is therefore shifting beyond the September-quarter number towards whether the recent improvement can sustain as Dabur moves into the next few quarters.
Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surge
Brent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barrel.
Gold flat as focus turns to Fed minutes
Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at $4,159.62 per ounce, while December futures were valued at $4,187.30. Amid ongoing inflation and recent sluggish economic indicators, Fed discussions around interest rate hikes are influencing investor sentiment, with many opting for yield-generating assets over gold.
Oil prices rise as storms and air strikes threaten supply
As a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending storm threatens to disrupt both production and refining processes, potentially affecting large quantities of crude oil and natural gas. Additionally, dwindling US crude and gasoline inventories contrast with a minor increase in distillate stocks.
Stock Market Today: Gift Nifty, RBI Policy To Gold Rate — Five Key Factors For Sensex, Nifty 50 On October 7
Asian markets traded mixed, while the US stock market ended higher overnight, with the S&P 500 and Nasdaq posting all-time closing highs.
Gold Rate Today: Check 24K, 22K Gold Prices In Mumbai, Delhi, Bengaluru, Chennai, Kolkata On October 7
Gold prices remained elevated on Wednesday with 24 carat gold trading around the Rs.1.50 lakh mark per 10 grams across major Indian cities.
RBI MPC Repo Rate Hike LIVE: GDP forecast up 40 bps to 7.1%, gold slips on US Fed rate hike buzz | Home loan EMI to rise
RBI MPC Repo Rate Hike LIVE: The Indian Central Bank raised the repo rate by 25 bps to 5.50% after a gap of nearly three years
Gold Steady as More Oil and Falling Yields Ease Rate-Hike Bets
Gold held gains as increasing oil supplies from the Middle East and a decline in bond yields eased pressure on the US Federal Reserve to hike interest rates this month.
Gold industry expects price rise to $5,013 an ounce over 12 months
Gold prices are set to soar to $5,013 per ounce in the next year, while silver is expected to jump from $61 to $97 per ounce. In addition, LBMA officials foresee platinum prices climbing to $1,914 an ounce and palladium rising to $1,415. This outlook occurs against a backdrop of rising interest rate worries and geopolitical strains that continue to shape the market landscape.
NBFC credit growth rises to 15.8% in August as gold, consumer durable loans surge
During August 2026, non-banking financial companies enjoyed a boost in credit expansion, with gold loans seeing remarkable growth alongside consumer durable loans. Housing loans remained a critical component of the retail lending portfolio. Conversely, lending to the services sector declined, highlighting slower growth in certain segments. This overall increase in several sectors points to an encouraging trend in the credit market.
Trade Setup For Oct. 7: Nifty Finds Hurdle At 22,930 To Extend Pullback Rally Amid Easing Crude Oil Prices
However, analysts believe the index is approaching a key resistance zone, with the outcome of the Reserve Bank of India's policy decision likely to determine whether the recent rebound can develop into a broader recovery.
Gold-Silver ratio hits 68: What it means? Should investors switch from gold to silver? Here's what experts suggest
The gold-silver ratio was volatile in 2026 amid geopolitical risks and changing investor sentiment. It rose to 68, indicating gold's relative strength. Central bank purchases and industrial demand influences both metals, with a recommendation for staggered investment.
Gold corrects 26% from January record high | Is this a buying opportunity ahead of Diwali?
Gold rate today: Market analysts believe that this downturn has made valuations relatively more attractive, with prices now around $4,136/oz and MCX gold trading below the ₹1.50 lakh mark.
Gold corrects 26% from record high | Is this a buying opportunity ahead of Diwali?
Gold rate today: Market analysts believe that this downturn has made valuations relatively more attractive, with prices now around $4,136/oz and MCX gold trading below the ₹1.50 lakh mark.
Gold Prices Fall By Over Rs 600 To Below Rs 1,49,000; Silver Rates Fall By Rs 1,700
Earlier in the session, the yellow metal declined to a low of Rs 1,48,701 per 10 gms, from its previous close at Rs 1,49,316, losing more than Rs 600, silver declined more than Rs 1,700
Gold Eases Below $4,150: Why American Hartford Gold Says The Bullion Floor Won't Break
Despite high real yields, gold is bound to gain traction on expanding sovereign debt, geopolitical stress, and systemic uncertainty, says Max Baecker, President of American Hartford Gold.
Vedanta shares jump 3% as firm fixes record date for first dividend after demerger. What to expect?
Vedanta shares rose over 3% after the company set October 14 as the record date for its first FY27 interim dividend, subject to board approval on October 8. The payout will be the first since Vedanta’s demerger into five entities. Analysts expect dividends to remain strong but potentially become more volatile and commodity-sensitive.
Global Market: Nikkei rises as Wall Street gains, oil prices fall
Japan’s Nikkei rose 0.2% and Topix gained 0.4%, supported by Wall Street gains and lower crude oil prices. Investors remained cautious ahead of a 10-year government bond auction and a speech by BOJ Governor Kazuo Ueda. Technology stocks were mixed, while elevated bond yields and fiscal concerns kept market sentiment cautious.
Gold prices dip Rs 1,500/10g in 2 days; silver down Rs 1,000/kg on strong dollar, rising yields. Here are key levels to track
Gold and silver prices remained under pressure on MCX as a stronger dollar and rising US Treasury yields weighed on precious metals, while shifting Federal Reserve rate expectations and geopolitical developments limited the downside.
Nifty Expiry Today Prediction 6 Oct: Where is the index headed? Key support, resistance, and trading strategy
The Nifty index shows signs of recovery after heavy selling, supported by improved global cues and easing crude oil concerns. However, key resistance levels at 22,700-22,750 persist, with traders eyeing the 22,400-22,450 support range and upcoming RBI policy announcements.
Gold and silver price today, Oct 6: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
Gold and silver prices today, 6 October: 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.
Trent's Q2 Business Update Has Morgan Stanley Bullish; But Goldman Sachs, Citi Tread With Caution
Trent's standalone revenue jumped 23% to Rs 5,788 crore year-on-year as of Sept. 30, 2026. Store count stood at 1,342, wherein 10 Westside stores and 11 Zudio stores were added.
Axis Bank's Strong Loans, FCNR-B Flows Keep Citi, Goldman Sachs Bullish; See Over 32% Upside
Axis Bank mobilised $10.62 billion in FCNR(B) deposits, accounting for around 8% of system-wide FCNR(B) mobilisation, compared with the bank's roughly 5.3% share of system deposits, Citi said.
Auto Q2 Preview: Earnings To Remain Under Pressure Amid Commodity Inflation, Says Motilal Oswal
Motilal Oswal believes that the recent correction in stock prices across the sector has largely factored in the impact of commodity inflation on earnings, and underlying demand remains strong, and the brokerage believes regular price hikes will gradually offset the commodity inflation and help drive earnings in the medium term.
Goldman Sachs Lifts Kotak Mahindra Bank Target Price; Citi Backs Strong Q2 Loan Growth
According to Citi, the growth beat was supported by continued strength in corporate banking, SME, LAP and MFI segments. The brokerage said the bank delivered a "marked step-up" in balance-sheet momentum.
Gold Rate Today: Check 24K, 22K Gold Prices In Mumbai, Delhi, Chennai, Kolkata, Bengaluru On October 6
Gold prices in India stood at Rs 1,49,450 per 10 gm, while silver was at Rs 2,26,450 per kg on Tuesday, Oct. 6, at around 6:15 a.m
Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edge
Brent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 a barrel. Oil was little changed after Monday’s decline as traders continued to assess a modest reduction in supply-side concerns.
Gold steady as firm dollar counters softer US rate-hike bets
Gold prices demonstrated stability amidst a stronger dollar, which countered the positive effects of moderating Federal Reserve rate hike anticipations. The price for spot gold remained steady at $4,141.81 per ounce, while US gold futures experienced a slight increase, reaching $4,169.10. The ongoing rise in interest rates raises the opportunity cost associated with gold, making it less appealing for investors.
Gold Steadies As Stronger Dollar And Yields Weigh On Rate Path
The dollar neared its highest level this year on Monday as the euro weakened after a bond selloff in France that had traders on alert for signs of regional contagion. A stronger greenback is typically a headwind for commodities priced in the currency.
Frequently Asked Questions
What drives gold prices in India?
Gold prices in India are influenced by international spot prices (set in US dollars), the USD/INR exchange rate, and domestic demand. When the rupee weakens against the dollar, gold becomes more expensive in India even if international prices stay flat. Seasonal demand during festivals and weddings, central bank buying, global uncertainty, and inflation expectations also push gold higher. Import duties add another layer to domestic pricing.
How do crude oil prices affect the Indian economy?
India imports over 80% of its crude oil, making it highly sensitive to oil prices. Rising crude increases the import bill, widens the trade deficit, puts pressure on the rupee, and can push up fuel and transportation costs across the economy. This feeds into inflation and can prompt RBI to tighten monetary policy. Oil-sensitive sectors like aviation, paints, and logistics are directly impacted, while oil marketing companies face margin pressure.
Should I invest in commodities as part of my portfolio?
Commodities like gold and silver can serve as a hedge against inflation and market volatility. Gold in particular has a low correlation with equities, meaning it tends to hold value or rise when stocks fall. A 5-15% allocation to gold through ETFs or sovereign gold bonds is a common recommendation. However, commodities do not generate income like dividends or interest, so they are best used as a diversification tool rather than a core holding.