Topic
metals
Commodities Report: Import parity pricing raises raw material costs for India's downstream aluminium MSMEs
A new report by Policy Consensus Centre finds import parity pricing is raising raw material costs for India's downstream aluminium sector, squeezing MSME margins. India is the world's second-largest primary aluminium producer but has nearly 3,500 downstream units facing tariff burdens and FTA competition.
Commodities Global Gold Demand Flat at 1,269 Tonnes in April-June Quarter: WGC Report
Global gold demand was virtually flat at 1,269 tonnes in the April-June quarter of 2026, according to the World Gold Council. Investment demand eased due to lower prices, but central bank purchases jumped 62%. Jewellery demand fell 17% in volume terms.
Commodities Nickel Ore Trade Surges 22% Amid Safety Concerns for Bulk Carriers
Global seaborne nickel ore trade expanded by more than 22% year-on-year to 26.1m tonnes in Q2 2026, according to Signal Ocean data. China imported nearly 20m tonnes in H1 2026, while Indonesia's transformation from exporter to importer is reshaping Pacific bulk shipping. Safety concerns persist as high-moisture ore cargoes pose liquefaction risks to supramax and ultramax vessels.
Commodities Gold Price Prediction Today: Gold Rises but Upside May Be Limited Ahead of Fed Policy Decision
Gold prices started the week on a positive note as geopolitical tensions eased and the US dollar weakened, but gains are likely capped before the Federal Reserve's policy decision, according to Manav Modi of Motilal Oswal. Technical analysis shows gold trading between key Fibonacci levels, with immediate support at Rs 143,500 and resistance at Rs 147,700.
Commodities Gold Prices Jump Over 1% as Easing Middle East Tensions Drag Oil Lower, Fed Decision in Focus
Gold prices jumped over 1% in early trade as hopes of de-escalation between the US and Iran pushed crude oil prices lower, reducing inflation concerns. Spot gold climbed 1.4% to $4,110.56 an ounce, while silver surged nearly 5%. The Federal Reserve's upcoming monetary policy decision is now the key driver for precious metals.
Commodities Gold and Silver Await Fed Decision Amid Geopolitical Tensions and Crude Oil Volatility
Gold and silver ended last week on a stronger note, with Comex gold rising 1.3% and silver nearly 5%. This week, the Federal Reserve's interest rate decision, US-Iran tensions, and crude oil price movements will drive bullion. Analysts note range-bound trading amid geopolitical uncertainty and continued official-sector buying.
Commodities How Scrap Is at the Centre of India’s Changing Metals Growth Story
India's next metals growth cycle will be driven by recycling rather than mining, with scrap emerging as the industry's most strategic resource, according to a thematic report by Ashika Institutional Equities. The report highlights regulatory support, growing demand from electrification, and the shift from informal to organised recycling as key drivers.
Commodities Global Steel Output Rises 1.7% in June 2026 Driven by Strong Regional Gains
Global crude steel production increased 1.7% year-on-year to 155.7 million tonnes in June 2026, driven by gains in Asia, the EU, and North America, according to the World Steel Association. First-half output fell 0.7% to 931.5 mt. India led the top five producers with 7.1% growth in H1, while Vietnam surged 27.5% in June.
Commodities Copper Market Faces Volatility on West Asia Developments, US-Iran Tensions
Copper prices are expected to remain volatile in the coming months due to the US-Iran conflict and ongoing tariff uncertainty, according to analysts. The metal hit a 6-week high on supply tightness, with LME three-month contracts around $13,800/tonne. BMI raised its forecast to $12,700/tonne, citing supply-side pressures and AI-fuelled optimism.
Commodities Nickel's Fortunes Hinge on Indonesia's Mining Quota Policy as Prices Rebound
Nickel prices have rebounded from six-month lows to $16,950/tonne, but the direction for H2 2026 hinges on Indonesia's mining quota policy. Indonesia is considering raising its RKAB quota to 360 million tonnes, which could shift global supply dynamics. Forecasts from BMI, AOCE, and ING Think indicate potential price moderation, with market surplus or deficit depending on policy decisions.
Commodities Gold Price Prediction: Buy on Dips Strategy for MCX Gold August Futures on July 17, 2026
MCX Gold August futures have rebounded sharply, prompting a buy-on-dips strategy from analyst Jateen Trivedi. The technical setup shows improving momentum with a bullish MACD crossover and recovering RSI. Key support is at Rs 1,40,000, with a target of Rs 1,42,000.
UK Government Brings British Steel Under Public Ownership, Secures Steelmaking Future
The UK government has nationalised British Steel, taking control of the Scunthorpe steelworks to secure domestic steelmaking. The move follows years of uncertainty and financial losses, with the plant losing £700,000 per day under Chinese owner Jingye Group. The government's intervention ensures continued production of virgin steel for critical infrastructure.
Commodities British Steel Nationalisation Bill Passed by Parliament, Securing Public Ownership of Scunthorpe Operations
Parliament has passed the Steel Industry (Nationalisation) Bill, paving the way for nationalisation of Scunthorpe-based British Steel. The King signed the bill into law on Wednesday. Energy minister Chris McDonald said the government acted decisively in the national interest. Shadow business secretary Andrew Griffith criticised the move, linking it to high energy costs. Owner Jingye has begun seeking compensation.
Commodities Gold Price Prediction Today: Will Gold Prices Continue to Fall Amid US-Iran Conflict?
Gold prices fell sharply on July 13, 2026, as renewed US-Iran hostilities over the Strait of Hormuz boosted safe-haven demand for the dollar and yields. Spot gold dropped 2.6% to $4013, with a weekly loss of 1.3%. Meanwhile, central banks continued buying, with China adding 15 tons in June. Fed officials signaled possible rate hikes, pressuring gold further.
Commodities Gold price prediction today: Any end to gold fall in sight? Check outlook for July 13, 2026 week
Gold prices trade with a bearish bias as escalating Middle East geopolitical tensions fuel inflation concerns and expectations of further Fed tightening. Technical indicators show gold below key moving averages, with crucial support at Rs 141,300. This week's US CPI, PPI, and Fed Chair Warsh's testimony could determine near-term direction.
Commodities Gold and Silver Prices Drop Over 1% as Middle East Tensions Drive Oil Higher
Spot gold fell 1.2% to $4,072.78 an ounce and US gold futures slipped 0.8% to $4,081.70 amid escalating US-Iran tensions over the Strait of Hormuz, which drove oil prices sharply higher and revived inflation concerns. Analysts expect bullion to remain in a corrective phase unless stronger fundamental triggers emerge, with market attention on geopolitical developments and upcoming Chinese economic data.
Commodities Gold Silver Price Outlook: Middle East Conflict and Inflation Data to Drive Prices This Week
Precious metals are expected to remain under pressure this week as investors weigh the US-Iran conflict and upcoming inflation data from the US, India, and the euro area. MCX gold futures declined 2.65% to Rs 1.43 lakh per 10 grams, while silver tumbled 6.2%. Analysts note that a stronger US dollar and higher crude oil prices are weighing on sentiment.
Commodities Gold, Silver Rate Today: Yellow Metal Steadies but Remains on Track for Weekly Loss as Silver Tumbles
Gold prices in India slipped for the fourth consecutive session on Thursday, with 10 grams falling Rs 350 to Rs 1,48,100, amid a stronger rupee and subdued local demand. International spot gold steadied near $4,122 per ounce but remained on track for a weekly loss of over 1%. Meanwhile, silver prices tumbled Rs 7,800 to Rs 2,32,000 per kg in the domestic market. Market attention remains on US economic data and Federal Reserve policy signals.
Commodities Gold futures rebound nearly 1% to ₹1.44 lakh/10g on value buying despite West Asia tensions
Gold futures on the Multi Commodity Exchange rebounded nearly 1% to ₹1.44 lakh per 10 grams on Thursday, driven by value buying after a three-session decline. Weaker US dollar also supported prices, but gains were capped by renewed US-Iran tensions fuelling inflation concerns and expectations of higher US interest rates.
Commodities Gold and Silver Prices Decline in Indian Bullion Market: 24 Carat Gold Down 1.7%
According to News on AIR, gold and silver prices declined in the Indian bullion market on June 24, 2026. 24 carat gold was trading 1.7 per cent lower at 144,330 rupees per 10 grams, while silver was 1.2 per cent down at 223,470 rupees per kilogram. The data reflects intraday movements in the domestic bullion market.
Business Alcoa Acquires South32's Aluminium Assets in $4.1 Billion Upfront Deal
Alcoa has agreed to acquire South32's bauxite, alumina, and aluminium assets in Australia, Brazil, and South Africa for $4.1bn upfront, with potential contingent payments of up to $750m. The deal, valued at up to $5.6bn enterprise value including assumed debt, will boost Alcoa's pro forma production and deliver $900m in synergies. South32 will reshape its portfolio toward base metals, with 85% of pro forma EBITDA coming from base and precious metals post-completion. The transaction is expected to close in H1 2027.
Commodities Gold Futures Rise to ₹1,47,710 per 10 Grams on Spot Demand; MCX August Contract Gains 1.34%
Gold futures on the Multi Commodity Exchange (MCX) for August delivery surged 1.34% to ₹1,47,710 per 10 grams on Friday, July 3, 2026, driven by fresh speculative buying amid firm spot demand. Globally, gold futures in New York rose 1.19% to $4,171.27 per ounce.
Commodities Gold price prediction today: Limited upside amid US inflation, key levels to watch July 6, 2026 week
Gold prices are expected to see limited upside due to persistently high inflation in the US, according to Manav Modi of Motilal Oswal Financial Services. The metal edged higher last week on a weaker dollar and soft labour data, but remains range-bound. Key technical levels include resistance at 151,800 and support at 144,650 on MCX. The Fed's June meeting minutes and US inflation data will be the main drivers this week.
Commodities Rise in dollar inflows via FCNR(B) deposits may add pressure on gold prices
Domestic gold prices fell 6% in the past month to ₹146,344 per 10g on July 3, driven by global weakness and expectations of substantial dollar inflows through RBI's FCNR(B) deposit scheme. The scheme, which offers higher rates and forex hedging support, has already attracted $7 billion in June, with inflows projected to reach $50 billion by October, strengthening the rupee and adding downside pressure on gold.
Commodities India needs 500,000 tonnes refined copper capacity every 5 years to meet demand: ICA
India will require roughly 500,000 tonnes of additional refined copper capacity every five years to keep pace with rising demand, according to International Copper Association India (ICA India) Managing Director Mayur Karmarkar. Copper demand grew 9.3% to 1,878 kilo tonnes in FY25, driven by strong growth in building construction (11% yoy) and infrastructure (17% yoy). Despite planned capacity additions from Hindustan Copper, Hindalco, and Kutch Copper, domestic production remains insufficient to meet long-term demand.
Commodities Adani and IHC form $11.5 billion joint venture for integrated aluminium project in Odisha
Adani Group and International Holding Company (IHC) of Abu Dhabi have formed an equal joint venture to build an $11.5 billion integrated aluminium complex in Odisha, India. The project includes a 4-million-tonne alumina refinery, a 2-million-tonne aluminium smelter, a 1-million-tonne downstream facility, and a 4,000-MW captive power plant. Adani Enterprises also launched a $1 billion QIP to support the venture.
Commodities Downside Limited for Aluminium and Copper Declines Fundamentally, Analysts Say
Aluminium and copper prices have fallen 17.5% and 6% respectively in the past month, but analysts from BMI, ING Think, and Sunsirs see limited downside due to supply deficits, Middle Eastern supply disruptions, and resilient demand. Aluminium is at $3,100/t (up 3% YTD) and copper at $13,300/t (up 7.5% YTD) on the LME.
Commodities Silver price crash: It was being called the 'new gold'. So what went wrong?
Silver prices have crashed more than 50% since their January 2026 peak, with COMEX Silver down 52% from its all-time high. The correction, far steeper than gold's decline, was driven by profit-booking, industrial demand destruction, and safe-haven flows into the US dollar amid the US-Iran war.
Commodities 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.
Commodities Gold futures rise to ₹1.42 lakh/10g after early losses as traders reassess Fed outlook
Gold futures on MCX recovered from early losses to trade higher at ₹1.42 lakh per 10 grams on Tuesday, driven by reassessment of US Federal Reserve interest rate outlook and ongoing geopolitical tensions. International Comex gold also bounced from below $4,000 per ounce. Investors await US jobs data for further direction.
Commodities Gold prices under pressure as rate hike fears and US-Iran tensions boost dollar, oil yields
Gold prices are under pressure with spot gold at $4024 on June 29, down 1.5% amid rate hike fears and a stronger dollar, exacerbated by US-Iran geopolitical tensions that pushed oil and yields higher. ETF holdings hit a nine-month low, while CFTC data shows speculative bullish positioning rose. According to Praveen Singh of Mirae Asset ShareKhan, the near-term outlook remains bearish.
Commodities Gold heads for worst month since 2008 as Fed rate-hike bets outweigh safe-haven demand
Gold prices dropped over 1% on Tuesday, putting bullion on track for its worst monthly performance since October 2008 and its first quarterly decline since 2024. Easing Middle East tensions and expectations of US Federal Reserve rate hikes have overshadowed gold's traditional safe-haven appeal, while a strengthening dollar added pressure. Market focus now shifts to US employment data for policy clues.
Commodities Silver sheds all gains this year as precious metals in India tumble with global trend
Silver has erased all its year-to-date gains, dropping 13% in the past week alongside gold's 5% decline, tracking a global rout. Dollar strength, Federal Reserve rate hike expectations, and the Iran war are pressuring precious metals, with silver down 53% from its January peak. Platinum and palladium have also fallen sharply.
Commodities Global crude steel output slips marginally in May 2026, India maintains growth
Global crude steel output edged down 0.3% year-on-year in May 2026 to 157.9 million tonnes, according to World Steel Association data. India maintained its position as the second-largest producer with a 1.9% output gain, while China's production fell 2.7%. North America and Africa saw robust growth, but the Middle East recorded a sharp 19.4% decline.
Commodities Gold Price Prediction Today: Why Is Gold Not Rising Much Despite Lower Oil Prices? June 23, 2026 Outlook
Gold prices showed mild gains on June 22-23, 2026, but the rally is capped by hawkish central bank signals of possible rate hikes, according to Praveen Singh of Mirae Asset ShareKhan. Oil prices continued to fall, with Brent down 3% and 38% from cycle highs, yet precious metals are not benefiting fully. Geopolitical developments—including US-Iran talks and a potential sanctions waiver for Iranian oil—add complexity to the outlook.
Commodities Hindustan Zinc partners with Advantek, Aero Eagle for green hydrogen mining solutions
Hindustan Zinc has signed an MoU with Advantek Associates LLP and Aero Eagle Automobiles Pvt Ltd to explore green hydrogen and alternative clean-energy solutions for its mining operations. The collaboration aims to pioneer hydrogen fuel use in underground mining, aligning with the company's net-zero by 2050 commitment.
Commodities West Asia Outages to Keep Aluminium Market Tight Near-Term, Says Goldman Sachs
Goldman Sachs forecasts elevated aluminium prices near-term due to prolonged West Asia outages, but expects a surplus in 2027 as Indonesian and Chinese output ramp up. The bank downgraded West Asia output by 660kt in 2026 and 1Mt in 2027, and raised LME price forecasts to $3,300/t for Q3 2026 and $2,950/t for 2027.
Commodities Gold Prices Dip, Head for Third Weekly Loss on Hawkish Fed, Strong Dollar
Gold prices declined on Friday and are headed for a third straight weekly loss, pressured by a strengthening US dollar and the Federal Reserve's increasingly hawkish stance. Spot gold fell 0.6% to $4,184.33 an ounce, while US gold futures for August delivery dropped 1% to $4,202.10. Silver, platinum, and palladium also declined. The Fed's firmer tone and expectations of a rate hike in December have reduced the appeal of non-interest-bearing gold.
Commodities Tin Prices Poised to Rule Elevated in 2026 on Semiconductor Demand and Supply Disruptions
Tin prices remain elevated at $55,301/tonne, driven by surging demand from the semiconductor industry amid AI capital expenditure, while supply constraints from Indonesia, Myanmar, and other regions persist. BMI has revised its 2026 price forecast to $49,000/tonne, and market experts expect prices to stay high despite potential moderation in H2.
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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