OPEC+ will raise oil production faster than earlier planned in August, with eight key alliance members agreeing to increase output by 548,000 barrels a day, delegates said on Saturday after a virtual meeting. This is higher than the 411,000-barrel hikes announced for May, June and July, which were already triple the initial plan. Traders had anticipated the same increase for August, making the latest move a further acceleration.
Commodity News
Get latest Commodities News,Commodities Market News,News Commodities India,Latest Gold rate in India,gold price in rupees,news on Commodity Market,Silver price charts,Commodity prices and data on Silver,Gold,Crude Oil,MCX India,gold prices,copper and more on Commodity Market India.
Gold Prices Soar as Trump Announces New US Tariffs: What It Means for India
Gold prices are climbing as Donald Trump plans new US tariffs starting next month. Discover how this impacts India’s gold market, your investments, and why gold remains a bhaiya ka favourite safe-haven asset.
Comex Gold Prices Drop After Three Days of Gains
Comex Gold (XAU/USD) prices took a break from their three-day rise, dropping about 1% in the latest trading session. This dip came after the U.S. released stronger-than-expected job growth numbers, which made gold less attractive to investors.
Gold price is pressured by positive risk tone, modest USD uptick
President Donald Trump announced on Wednesday that the United States has struck a trade agreement with Vietnam. The US will impose a lower, 20% tariff on goods imported from the Southeast Asian nation, and the deal will give the US tariff-free access to Vietnam’s markets.
Trading plan for Silver (XAGUSD) in July 2025
Silver (XAGUSD) is an exciting market to trade, and with the right plan, you can make smart moves. This guide breaks down a simple trading strategy for July 2025 in easy-to-understand terms, perfect for beginners or anyone looking to trade silver.