Topic
metals
Commodities Gold price prediction today: Will gold prices rise substantially from current levels? Check June 16, 2026 outlook
Spot gold rallied 3.24% to $4,356 per ounce on Monday, extending its winning streak to three days, driven by a preliminary US-Iran agreement to end the Middle East conflict and reopen the Strait of Hormuz. Crude oil prices slumped 5% to $82, weighing on the dollar and yields, while the US Federal Reserve's upcoming meeting remains a key near-term risk. The MoU is set to be signed on June 19 in Geneva.
Commodities India’s Silver Imports Plunge 87% in May After Government Curbs Bite
India's silver imports fell 87% year-on-year in May 2026 to $75.57 million and 33 metric tons, the lowest in over three years, as the government tightened import curbs on nearly all forms of silver. The restrictions, including a duty hike to 15%, aim to reduce pressure on foreign exchange reserves. Lower imports by the world's largest silver consumer could weigh on global prices and narrow India's trade deficit.
Commodities Gold Falls to 11-Week Low Then Recovers as Iran-Israel Strikes Rock Markets
Gold prices tumbled to their lowest since March 23 on escalating Middle East tensions and a stronger US jobs report, before rebounding as Iran and Israel ended airstrikes. The yellow metal remains under pressure from elevated crude oil and rising rate hike expectations, though central bank buying and CFTC positioning offer support.
Commodities Indian steelmakers enter multi-year capex cycle with 40% spending surge as 300 mn tonne target looms
Indian steelmakers are entering a multi-year investment cycle, with top four producers increasing aggregate capex by 40% year-on-year to Rs 70,000 crore in fiscal 2027. The expansion supports India's target of 300 million tonnes steel capacity by 2030, backed by strong domestic demand and safeguard duties on imports. S&P Global warns that prolonged demand weakness poses a risk to prices and earnings.
Commodities Gold Expected to Hit $6,000/oz by End 2026 Despite Recent Cooling: JP Morgan
JP Morgan Global Research predicts gold prices will average $6,000 per ounce by Q4 2026, with potential to reach $6,300 by end 2027. Despite recent cooling and sideways trading, the investment bank sees strong demand from central banks and Chinese buyers, though uncertainty over geopolitical conflicts and Fed policy remains.
Commodities Gold Set for Weekly Loss as Inflation, Rate Hike Fears Persist
Gold prices declined on Friday, heading for a weekly loss as concerns over inflation and potential US Federal Reserve interest rate hikes pressured the market. Spot gold fell 0.5% to $4,191.17 per ounce, while US gold futures rose 2.4% to $4,212.70. The price action was driven by geopolitical headlines, including President Trump's decision to call off military strikes on Iran.
Commodities Copper Futures Decline Amid Market Correction
Copper futures have declined to ₹1,315/kg, breaking below key support levels. The market shows signs of a corrective decline, with potential further drops to ₹1,265.
Commodities Gold and Silver Prices Plunge Amid Oil Rally and Strong Dollar
Gold prices fell by ₹4,300 to ₹1.56 lakh per 10 grams, and silver dropped by ₹10,000 to ₹2.45 lakh per kg in India. The decline is attributed to a surge in oil prices and a stronger US dollar, impacting bullion demand.
Commodities Hindustan Zinc Partners with Sulfozyme Agro for Sustainable Metal Recovery
Hindustan Zinc has signed an agreement with Sulfozyme Agro to promote sustainable metal recovery at the Zinc Industrial Park in Rajasthan. This partnership aims to enhance the circular economy and support MSME development.
Commodities Gold and Silver Prices Under Pressure Amid Geopolitical Tensions
Gold and silver prices are under pressure due to geopolitical tensions and rising interest rate expectations. The US jobs report and Middle East tensions are key factors affecting the market.
Commodities Gold Prices Decline Amid US-Iran Tensions and Rate Hike Fears
Gold prices have declined due to renewed US-Iran tensions and fears of a US interest rate hike. Spot gold is down 0.4% to $4,313.11 per ounce, with US futures also dropping.
Commodities Natural Diamond Prices Plummet Amid Lab-Grown Competition
Natural diamond prices have fallen significantly due to the rise of lab-grown diamonds, impacting miners in Sierra Leone. The closure of Koidu Holdings' mine highlights the economic challenges faced by the region.
Commodities Gold and Silver Prices React to Global Tensions and Economic Data
Gold and silver prices are experiencing volatility due to geopolitical tensions in the Middle East and key economic data from the US and India. Analysts are closely monitoring these developments for future price movements.
Commodities Gujarat's Role in India's Copper Self-Reliance
Gujarat is emerging as a crucial player in India's quest for copper self-reliance. With Hindalco's massive smelter at Dahej and strategic infrastructure, the state is poised to reduce India's import dependency.
Commodities Gold and Silver Prices Decline Amid Market Volatility
Gold and silver prices have seen a decline on the Multi Commodity Exchange, with gold down nearly 1% and silver down 0.8%. This movement is influenced by global market trends and shifting demand dynamics.
Commodities Gold Prices Surge: Jewelry Exchanges Up 60% Amid Record Highs
Gold exchange transactions have surged by 60% year-on-year as record prices prompt consumers to swap old jewelry for new. This trend is reshaping buying habits and reducing reliance on imports.
Commodities Gold Prices Decline Amid Bearish Momentum on MCX
Gold prices on the MCX are experiencing a bearish trend, trading near ₹1,58,000. Technical indicators suggest selling pressure, with a sell-on-rise strategy recommended.
Commodities Vedanta's Emissions Cut: A 15% Drop in Metals Intensity
Vedanta Group has reduced its metals emissions intensity by 15% since FY21, thanks to a comprehensive decarbonisation strategy. The company increased renewable energy use and planted millions of trees to offset emissions.
Commodities Gold and Silver Prices Eye Key Levels Amid Bullish Trends
Gold and silver prices on the MCX are showing bullish trends, with gold targeting Rs 165,000 per 10 grams and silver aiming for Rs 278,000 per kg. Key support levels are crucial for maintaining the uptrend.
Commodities Gold Prices Rise as Central Banks Increase Purchases
In April, central banks, particularly in Poland and China, increased their gold purchases, reversing the net selling trend from March. This shift has influenced gold prices, with significant purchases also noted from the Czech Republic.
Commodities Gold and Silver Prices Drop in Indian Market
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Commodities Gold Prices Range-Bound Amid US-Iran Talks and Fed Policy
Gold prices are stabilizing within a tight range as geopolitical tensions and economic indicators influence market sentiment. The US-Iran negotiations and Federal Reserve policy decisions are key factors impacting gold's near-term outlook.
Trade India Requires Prior Authorisation for Silver Imports
India has introduced a new policy requiring prior authorisation for silver imports, effective immediately. This move aims to regulate the inflow of silver from key trading partners like the UAE, Britain, and China.
Commodities NMDC Iron Ore Production Rises 20% in May
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Trade Trump Alters Tariffs to Boost US Metal Industry
President Trump has revised tariffs on copper, aluminum, and iron imports to stimulate the US manufacturing sector. The changes, effective until December 31, 2027, aim to encourage investment in the nation's industrial base.
Commodities Gold Prices Dip Amid Inflation and Geopolitical Uncertainty
Gold prices fell as inflation concerns and geopolitical tensions, including US-Iran talks, weighed on the market. A stronger US dollar and rising crude oil prices also pressured gold.
Commodities Gold Prices Face Limited Upside Amid Geopolitical Tensions
Gold prices on the MCX are under pressure, trading below key resistance levels as geopolitical tensions between the US and Iran persist. Traders are closely monitoring upcoming economic data and geopolitical developments for further direction.
Commodities MCX Launches 'Silver 100' Futures to Boost Market Liquidity
The Multi Commodity Exchange of India (MCX) has launched 'Silver 100' futures, offering a new hedging tool for India's silver industry. This initiative aims to reduce import dependency and increase domestic recycling.
Commodities India's bullion market sees 2% drop in gold, silver
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Commodities Gold Prices Eye US-Iran Talks and Fed Signals
Gold prices are poised for movement as US-Iran peace talks and Federal Reserve signals take center stage. Analysts anticipate that these developments, along with key economic data releases, will shape the near-term direction of bullion prices.
Trade India's Gold Demand Plummets 70% Amid Import Duty Hike
India's gold demand has decreased by 70% following a significant import duty increase from 6% to 15% effective May 13, 2026. The India Bullion & Jewellers Association reports a steep decline in purchases, impacting the unorganised sector heavily.
Hindustan Copper and Lohum Revive Gujarat Plant
Hindustan Copper Ltd has approved a deal with Lohum Materials Pvt Ltd to restart its Gujarat Copper Plant under a revenue-sharing model. This move aligns with India's strategy to enhance domestic metal production and secure critical mineral supply chains.
Commodities Gold Prices Dip as ETF Outflows Surge Amid Global Tensions
Gold prices have dropped to $4,560 an ounce on the NYMEX, marking a 3% monthly decline. ETF outflows, led by US and Chinese investors, have surged amid geopolitical tensions.
Commodities Global Crude Steel Output Declines Amid Geopolitical Strains
Global crude steel production decreased by 1.9% in April 2026, with significant declines in China, the Middle East, and Russia. India and the US showed growth, countering the trend.
Commodities Hindustan Zinc's Rampura Agucha Mine Achieves Zinc Mark Certification
Hindustan Zinc's Rampura Agucha Mine has been awarded the Zinc Mark certification, marking a significant achievement in responsible zinc production. This certification underscores the company's commitment to ESG standards and responsible sourcing.