Gold, Silver Trade Flat Amid Iran–US De-escalation Hopes

April 27, 2026 2:56 PM

Gold, Silver Trade Flat Amid Iran–US De-escalation Hopes

Gold and silver prices traded on a flat note on Monday amid a rise in crude oil prices and reports of a fresh proposal by Iran to end the conflict with the US, raising hopes of de-escalation in the Middle East. On the Multi Commodity Exchange (MCX), gold futures (June 5 contract) were trading at Rs 1,52,410 per 10 grams, down 0.19 per cent or Rs 290 from the previous close of Rs 1,52,699. By 11:00 A.M., the yellow metal touched an intraday high of Rs 1,53,008, up 0.20 per cent or Rs 309. Mean...

Crude oil prices surge up to 2 per cent above $100 mark as Middle East tensions escalate

April 24, 2026 11:57 AM

Crude oil prices surge up to 2 per cent above $100 mark as Middle East tensions escalate

International crude oil prices surged on Friday, rising up to 2 per cent amid escalating tensions in the Middle East, even after a unilateral ceasefire announcement from the US. The global oil benchmark Brent crude advanced about 2 per cent to $107 per barrel, while US West Texas Intermediate (WTI) crude increased nearly 2 per cent to $97.6 from the previous close. In the domestic market, crude oil on the Multi Commodity Exchange (MCX) was trading at Rs 9,077, down 1 per cent or nearly Rs 100....