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

Technology . Transparency . Trust

MARKET

Commodity News Details
Gold hovers around $4800 per ounce
17-Apr-2026 13:58

COMEX gold is hanging around $4800 mark amid growing optimism that US and Iran will enter into a deal which will thereby reduce tensions and concerns of soaring inflation. However, closure of Strait of Hormuz continues to stay a critical concern and any disruption to energy supplies could once again boost crude oil higher, fueling inflation leading to higher interest rates, making the yellow metal less attractive. Nevertheless, People's Bank of China (PBoC) has reportedly extended its gold purchasing streak to 18 consecutive months through March 2026, supporting the metal. Currently, the counter is quoting at $4806 an ounce, down slightly on the day.

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.