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India raises gold import duty back to 15%: What’s behind the move
India has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign exchange reserves. The government prioritises essential imports like crude oil and fertilisers. This decision reflects a proactive approach to manage external risks.
Commodity Corner: Oil surges on closure of Strait of Hormuz; gold hits six-month low
Other precious metals also remained under pressure. Silver declined 1.3 percent to $62.55 per ounce, while platinum traded lower. Palladium, however, was largely unchanged.
Commodity Corner: Oil tumbles on US-Iran peace deal hopes; gold rallies 2%
Other precious metals also traded firmly, with silver jumping 3.2 percent, while platinum and palladium posted notable gains.
Commodity Corner: Oil rebounds, gold steadies as markets assess Middle East developments
Other precious metals outperformed, with silver surging 3 percent. Platinum and palladium also traded higher.
Commodity Corner: Crude oil claws back losses while gold pauses as traders watch US-Iran talks
Among other precious metals, silver declined 0.2 percent to $64.94 an ounce, while platinum and palladium traded lower.
Commodity Corner: Oil near four-month low, gold slips as dollar surge hits commodity markets
Among other precious metals, silver edged up 0.2% to $61.71. Platinum also declined, while palladium was little changed.
Commodity Corner: Oil, gold decline as geopolitical risks ease; dollar remains in focus
Other precious metals also declined, with silver falling 1.1% to $58.50 per ounce, while platinum and palladium traded lower.
Commodity Corner: Oil prices rebound on middle east peace deal hopes; gold near weekly high
Among other precious metals, silver surged 6.4 percent to $77.48, while platinum and palladium also traded higher.
Commodity Corner: Gold posts first weekly gain in five weeks, oil rises on West Asia optimism
Among other precious metals, silver gained 1% to $61.50 per ounce, extending its recent rally after a 5% surge over the previous three sessions. Platinum and palladium also rose around 1% each.