Commodity Markets News

LME copper price today: LME copper prices gained, while SHFE copper prices recovered early losses despite cautiousness among investors due to the Middle East tensions and the release of a slew of economic data from China, the world’s largest consumer of copper.

Gold has delivered stellar returns so far this year, rising 31% year-to-date (YTD) and consistently posting record highs. From ₹7,638 in 2005 to over ₹1,00,000 in June 2025, MCX gold prices have soared by an impressive 1,200.84%. Silver price has gained 668.84% over the same period.

Brent crude oil futures gained $4.87, or 7.02%, to settle at $74.23 a barrel after earlier soaring over 13% to an intraday high of $78.50, the strongest level since January 27.

LME copper price today: The premium of US COMEX copper futures over LME copper stood at $946 per ton. On the domestic front, MCX copper futures were trading 0.39% lower at ₹871.45 per kg.

Gold rate today: Gold prices rallied amid rising tensions in the Middle East and a weaker dollar. Softer-than-expected US inflation data boosted expectations of Federal Reserve rate cuts

Gold vs silver: Gold prices rallied tracking international bullion trends, driven by weak US economic data and rising geopolitical tensions. Investor demand for safe-haven assets strengthened after former US President Donald Trump renewed calls for interest rate cuts by the Federal Reserve.

Gold prices jumped on MCX on Monday as investors became worried about the escalating geopolitical turmoil and Trump's trade war with other world nations. Gold futures hit an intraday high of ₹97,505 per 10 grams on 2 June 2025.

Gold rate today: Gold rates slipped as optimistic signals from US-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards riskier investments.

Akshaya Tritiya 2025: Gold prices have risen from ₹47,677 per 10 grams in April 2020 to ₹95,592 in April 2025 — a jump of more than 100%. The latest annual return stands at 31.44%, highlighting the yellow metal’s resilience amid global uncertainty.

MCX gold rate is hovering near record highs, and analysts caution that a potential reversal may be imminent, as several technical indicators point toward a possible near-term correction.