Topic
price
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 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 Farmers Eye Expansion Amid Rising Oilseed Prices
Rising prices of key oilseeds like soybean and groundnut are prompting Indian farmers to consider expanding cultivation areas. This trend is driven by higher market prices compared to last year, encouraging increased planting in major growing regions.
Commodities India's Ethanol Push: E85 Fuel Price Drops by Rs 20/Litre
India is set to reduce the price of E85 fuel by Rs 20 per litre as part of its ethanol adoption strategy. This move aims to compensate for the lower energy content of ethanol and reduce fossil fuel imports.
Commodities Diesel Prices Slide Amid Hormuz Strait Peace Talks
Diesel prices on the CME have dropped significantly amid potential peace talks involving the U.S., Iran, and Israel, which could lead to the reopening of the Strait of Hormuz. This decline marks the sixth drop in seven weeks.