Manisha Gupta

Rainfall has already turned patchy in central and southern India, with Vidarbha and Marathwada deficits widening fast, even as El Nino nears strong status and a positive Indian Ocean Dipole struggles to offset it, according to Skymet's GP Sharma.

Harshal Barot, Senior Consultant South Asia and Middle East at Metals Focus says silver is likely to remain in an uptrend but could lag gold in the near term as import restrictions limit supplies and keep domestic premiums elevated.

Photo: Canva There is a new parenting worry quietly making its way into homes: What happens when our children grow up with a machine that can answer almost everything?

Photo source: Great Big Story and Pavel-O-Pedia There are some promises that are made quietly, in the middle of grief, when nobody else is listening.

Jonathan Barratt, CIO, ETO Markets, expects the US dollar to remain under pressure, supported by a weaker currency boosting US exports and a more dovish Federal Reserve stance. A softer dollar typically supports gold and silver prices, as both metals are priced in US dollars.

Sandeep Bhan, CEO of SD Guthrie Global Trading Business said India's palm oil imports are also expected to stay strong at 700,000-800,000 tonne a month through the festival season, supported by weaker sunflower oil supplies. El Nino remains a key risk, with its bigger impact likely to show up in 2027 production.

Saiyam Mehra, Director, Unique Chains, sees ₹1.54 lakh per 10 grams on MCX as a good buying level and expects jewellery sales to recover after a weak period. Demand for lightweight and lower-carat jewellery is also rising, while higher jewellery exchanges and gold recycling could provide further support to the market.

Atul Chaturvedi, Executive Chairman of Shree Renuka Sugars expects sugar prices to stay firm as lower global output and tight stocks point to a 2-2.5 million tonne deficit.

Sugar prices are being driven by concerns over global production and tightening market sentiment.

Peter McGuire, CEO of Trading.com, said tensions around the Strait of Hormuz and Red Sea could push crude oil towards $93-$95 a barrel, although market sentiment remains a hurdle.