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2026-11-12 02:42:58 pm | Source: Religare Broking
Daily Commodity Insights Nov 12, 2026 by Religare Broking Ltd
Daily Commodity Insights Nov 12, 2026 by Religare Broking Ltd

Gold (Dec)

Gold prices extended the previous session's fall on Wednesday as hotterthan-anticipated US inflation figures and hawkish comments from Federal Reserve policymakers boosted the dollar and raised the chances of a bigger interest rate hike next month

 

Crude Oil

* Oil prices rose Wednesday, with Brent crude recovering above $92 a barrel after a sharp selloff, as renewed strikes in the region tempered expectations of a diplomatic resolution to the U.S.-Iran conflict.

 

Natural Gas (Nov)

* Natural gas saw easing of the bullish momentum during last few hours of trading. The bias was positive overall. Natural Gas fundamentals are currently showing a mixed picture. Warmer US weather and higher storage expectations are weighing on domestic gas prices, while LNG supply disruptions in the Middle East and tight European inventories are providing support to international gas markets.

 

 

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