Hamburger

Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

Commodity News Details
Weekly Gold Review: COMEX futures recover from two-month low but broadly remain under stress
30-May-2026 15:10
COMEX Gold steadied after testing near two-month low amid some bargain buying. The metal eased as easing geopolitical tensions following reports of a preliminary US-Iran agreement helped calm inflation and interest rate concerns. The metal ended up 1% for the week at $4569 per ounce. Gold futures saw persistent selling pressure linked to higher oil prices and tighter monetary policy expectations in last few weeks. The dollar index remained firm near its strongest level in six weeks, after the latest FOMC minutes reinforced expectations that the Federal Reserve could still keep the door open for further rate increases if inflation fails to moderate toward the 2% target. The stronger greenback continued to weigh on precious metal sentiment. Indian demand trends will also be under scanned following the recent import duty hikes and sustained weakness in the Indian Rupee.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué, kindly update your Email ID, Mobile Number and Income Range in your CDSL Demat Account on or before 31st May 2021. Non-compliant accounts will become inactive after 31st May 2021.  |  Prevent unauthorized transactions in your Demat account by updating your registered mobile number with your Depository Participant. Receive alerts for all debit and other important transactions directly from CDSL.  |  No need to issue cheques while subscribing to an IPO. Simply authorize your bank account in the application form.  |  KYC is a one-time process. Once completed through a SEBI-registered intermediary, you do not need to repeat it with another intermediary.  |  Update your mobile number and email ID with your stock broker to receive transaction alerts directly from the Exchange.