Commodities

Metal stocks saw a sharp downturn Tuesday with the Nifty Metal Index falling 3.2 percent.

18 Mwezi wa sita, 2026 Imeripotiwa na AI

Gold prices fell on Friday, on track for a third straight weekly decline. The drop stems from a firmer U.S. dollar and hawkish signals from the Federal Reserve.

China Mineral Resources Group has negotiated a long-term iron ore contract with BHP featuring yuan-linked pricing for Jimblebar fines. Analysts call it the first inclusion of China's market data in iron ore pricing benchmarks. US dollar dominance in the trade remains entrenched, however.

23 Mwezi wa nne, 2026 Imeripotiwa na AI

The National Strategic Food Price Information Center (PIHPS), managed by Bank Indonesia, records chicken eggs at Rp32,000 per kilogram and shallots at Rp45,950 per kg at the national retail level. The data was released on Friday morning at 06:35 WIB in Jakarta. Prices for other strategic food commodities were also noted as stable.

Gold prices remained stable as investors weighed economic fallout from the Middle East conflict ahead of a US Federal Reserve decision. Renewed Iranian attacks and the killing of a senior Iranian official have heightened tensions, disrupting oil supplies and driving prices above $100 a barrel.

16 Mwezi wa tatu, 2026 Imeripotiwa na AI

Gold prices on India's MCX dropped sharply by Rs 3,000 per 10 grams as investors adopted a cautious stance before the US Federal Reserve policy meeting. Factors including profit booking in global markets, rising oil prices, and ongoing geopolitical tensions in West Asia contributed to the volatility in bullion trading. Analysts advise a sell-on-rise strategy amid these conditions.