Topic
falling prices
Gold Price Slides to $3,975/oz After Worst Quarterly Drop Since 2013; Bearish Outlook Persists
Gold posted its worst quarterly performance since 2013 in Q2 2026, falling nearly 14% as expectations of higher US interest rates, a stronger dollar, and easing US-Iran tensions eroded safe-haven demand. The metal extended losses into July, slipping below $3,980/oz for the first time since November. Analysts at Anand Rathi see near-term outlook negative amid hawkish Fed commentary and a Death Cross on the charts, though physical demand in India has improved at lower price levels.
Falling Crude Prices to Boost OMC Profits: JP Morgan Report Highlights Margins and Risks
A JP Morgan report indicates that falling crude oil prices will boost profitability for state-run oil marketing companies (OMCs) by improving fuel marketing margins, though rising debt levels and potential excise duty restoration pose risks. BPCL and IOC are identified as key beneficiaries.