Indian commodity market

Indian Economy & Commodity Market Update Today: Fuel Export Duties Slashed, Gold Shifts, and Essential Milk Hikes Strain Households

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Indian Economy & Commodity Market Update Today: Fuel Export Duties Slashed, Gold Shifts, and Essential Milk Hikes Strain Households

Quick Summary: Today, June 1, 2026, Indian commodity markets are experiencing vital realignments. The Central Government has reduced export duties on petrol to ₹1.5/litre and diesel to ₹13.5/litre to adapt to softening international margins, keeping domestic retail fuel prices unchanged. Concurrently, MCX gold futures are consolidating down 0.21% near ₹159,272 per 10 grams, pulled back … Read more

Indian Commodity Market Report Today: Gold Breaks Records, Fuel Holds Steady, and Kitchen Inflation Squeezes Household Budgets

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Indian Commodity Market Report Today: Gold Breaks Records, Fuel Holds Steady, and Kitchen Inflation Squeezes Household Budgets

Quick Summary: Today’s Indian commodity markets witnessed historic volatility. Gold prices surged past ₹78,500 per 10 grams, driven by escalating global macroeconomic tensions and central bank accumulation. Concurrently, retail fuel rates remained flat across major metros due to prolonged policy pauses implemented by state-run oil marketing companies. However, extreme heatwaves in key logistics corridors triggered … Read more

India Market Outlook: Bullion Gains Momentum While Kitchen Budgets Feel the Pinch

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India Market Outlook: Bullion Gains Momentum While Kitchen Budgets Feel the Pinch

Market Summary: Today’s Indian economic landscape offers a mixed outlook for both consumers and investors. Gold prices are climbing higher due to geopolitical friction in the Middle East and a softer US Dollar silver is tracking similar upward gains. In the energy sector, petrol and diesel rates remain steady across major metros, offering a moment … Read more

India Market Report March 18, 2026: Gold Nears ₹1.6 Lakh, Crude Hits $103, and Kitchen Inflation Trends

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India Market Report March 18, 2026: Gold Nears ₹1.6 Lakh, Crude Hits $103, and Kitchen Inflation Trends

Quick Summary: On March 18, 2026, the Indian commodity market is seeing a notable rise in safe-haven assets. Gold prices have reached ₹1,58,080 per 10 grams (24K), while Silver remains steady at ₹2.75 lakh per kg. Crude oil surged to $103 per barrel following Middle East tensions, keeping Mumbai’s petrol price at ₹103.54. Meanwhile, Wholesale … Read more