commodity trading

Dalal Street participants will experience a shortened trading week as both NSE and BSE will be closed on Thursday, May 28, for Bakri Id. This holiday follows the Maharashtra Day closure and is one of 16 scheduled for 2026. Commodity markets will have a partial closure, with MCX resuming evening trade while NCDEX remains shut.

Exports Dip Nearly 5%, But State Widens Lead Over Rivals

Stock markets will observe a shortened trading week with a closure on Thursday, May 28, for Bakri Eid. This marks the second holiday this month. Investors can anticipate several more market holidays throughout 2026, including those for Muharram, Ganesh Chaturthi, and Diwali. While some holidays fall on weekends, a special Muhurat Trading session is expected.

A reported blockbuster between the Toronto Maple Leafs and Montreal Canadiens just didn’t get done at the NHL trade deadline. Now the story is back in focus with new details, including renewed NHL trade rumours involving Matthew Knies, and questions on whether both franchises could circle back to the table during the 2026 offseason.

Gold prices face a mixed outlook this week, influenced by US-Iran peace talks, oil market shifts, and crucial US economic data. Federal Reserve officials' speeches will also guide interest rate expectations, impacting bullion's near-term trajectory. Analysts suggest a sideways to corrective momentum for precious metals, with progress in peace discussions potentially easing safe-haven demand.

Gold price prediction today: Gold prices seem to be exhibiting weak intraday bias, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities. He recommends a sell on rise strategy.

A Google software engineer, Michele Spagnuolo, faces federal charges for insider trading. Prosecutors allege he exploited confidential company data to profit over $1.2 million on the prediction market platform Polymarket. Operating under the alias 'AlphaRaccoon', Spagnuolo allegedly bet on Google's business outcomes using non-public information, compromising market integrity. He is charged with fraud and money laundering.

Gold price prediction today: Momentum in gold prices remains weak, and markets will track the US-Iran developments for cues, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

Finance Minister Nirmala Sitharaman affirmed the government's commitment to economic reforms despite global challenges, even as the RBI lowered its FY27 growth forecast. The government highlighted strong FY26 performance and introduced tax exemptions for foreign investors in government securities to attract capital.

Gold and silver price prediction today: The base trendline for MCX Gold, and MCX Silver remains bullish according to Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.

Indian markets saw a mixed trend. Wall Street's record rally paused on Tuesday. Alphabet's shares dropped significantly after the Google parent announced plans to raise capital for its artificial intelligence investments. Other tech companies like Hewlett Packard Enterprise and Broadcom saw gains. Oil prices eased slightly. Bond markets remained stable ahead of US labor data.

Acknowledging the impact of the West Asia crisis, the RBI has said that several factors will help India counter the negative effects and emerge strong.

Gold prices are expected to remain steady this week, influenced by US-Iran talks and upcoming US economic data. Silver, however, may continue to outperform due to geopolitical tensions and high crude oil prices. Investors await signals on the Federal Reserve's next policy move amidst shifting statements from Washington and Tehran.

Gold price prediction today: Gold prices seem to be seeing some rebound and the outlook remains constructive, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities recommends a buy on dip strategy.

Both the Sensex and Nifty declined more than 1% as investor sentiment weakened amid growing concerns over the Iran-US conflict, continued foreign institutional investor (FII) outflows and a host of other market challenges.

The Indian rupee opened stronger against the US dollar, gaining 40 paise to 95.20 in early trade, buoyed by optimism over a potential US-Iran peace deal. Positive sentiment was further fueled by progress in US-India trade agreement discussions, with the dollar index also declining.

As synthetic drug networks evolve, US agencies are focusing on precursor chemicals, logistics systems, and international coordination to disrupt fentanyl trafficking.

What does the GDP data tell us about India’s economic prospects? Will the real hit from the US-Iran conflict reflect in the first quarter GDP numbers? And, is India’s long-term growth story under threat? Let’s take a look:

In an increasingly investment-cautious world, why reforms aren't enough and it is the Indian state that has to absorb risk

The rupee surged 56 paise to 95.18 against the US dollar following RBI's measures to attract foreign capital and boost forex liquidity. These policy announcements, including expanding the Fully Accessible Route and removing taxes on foreign investment in G-Secs, improved investor sentiment. Analysts expect further appreciation if oil prices remain below $100 a barrel.

Indian stock markets experienced a significant downturn on Friday. Investor wealth saw a substantial decline of Rs 5.77 lakh crore. Benchmark indices, Sensex and Nifty50, plunged sharply in the final trading hour. Concerns over a weaker monsoon outlook and geopolitical uncertainty fueled the sell-off. Broad-based selling pressure was observed across various sectors.

Rising silver prices are fueling a surge of impure silver bars and coins in India, prompting calls for mandatory BIS hallmarking and licensing for refiners. Industry experts report widespread use of scrap silver containing prohibited elements, with limited quality testing infrastructure exacerbating concerns. Commodity exchanges are preparing to introduce quality-certified silver bars to standardize supply and enhance market trust.