Sensex: 77,496.36 (-0.75%)

Nifty: 23,997.55 (-0.74%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Precious Metals Preview: COMEX gold slips to one-month low under $5K mark
18-Mar-2026 09:00

COMEX gold slips below $5k mark and its lowest level in one month on Wednesday morning in Asia ahead of Federal Reserve decision due later in the global day. Soaring oil prices and its implication on inflation are likely to turn central bankers hawkish in their stance. The US-Israel attacks on Iran and the effective closure of the Strait of Hormuz ' a critical chokepoint handling around 20% of global oil supply ' led to severe disruption of energy trade. This has been fueling inflationary concerns. The market focus, however, will be on the accompanying policy statement and updated economic projections and for more cues about the path of future interest rates amid fears of a war-driven spike in inflation. Currently, the yellow metal is quoting at $4998.20 an ounce, down 0.22% on the day. Silver futures are also trading down 1.5% under $80 mark.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.