Metals EnergyHigh impactPre-market

Gold declines over 1% as oil rises 4% on geopolitical tensions

17 Jul 2026 · 07:09 ISTpre-market1 source ↓written by the desknot a recommendation

amid fears: 4%

Gold prices fell by over 1% as the dollar strengthened, reflecting renewed expectations for higher interest rates. Meanwhile, oil surged 4% amid fears over the Strait of Hormuz, adding inflationary pressure. This dynamic typically weighs on non-yielding assets like gold, especially with the Fed's warning on inflationary factors.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Jul 2026, 07:09 IST.

Sourcesnews.google.com

Metals
Energy

Read inEN हिं తె मरा த ગુ

1 OctBrent oil surge impacts global bond marketsHighDeutsche Bank reports Brent crude oil surged 42% in Q3 due to the US-Iran conflict, causing a major bond selloff with 10-year Treasury yields rising for the seventh consecutive month. This situation heightens inflation concerns and central bank risks.
1 OctHouthi gains raise risks to Red Sea shipping and oil marketsHighHouthi territorial gains near Bab al-Mandab increase risks to Red Sea shipping and global oil markets. The intensified conflict with Saudi Arabia raises military and economic pressures, potentially impacting oil supply chains significantly.
1 OctCommercial LPG and ATF prices rise significantlyMediumCommercial LPG prices increased by ₹62.50 per 19-kg cylinder, while ATF prices rose by ₹16 per litre, reflecting international market trends. These hikes significantly impact operating costs for airlines and businesses using LPG.
1 OctSensex hits 2026 low, Nifty below 22,300HighOn 01 Oct 2023, the BSE Sensex fell over 1,000 points to 71,486.24, marking a 2026 low, while the Nifty 50 dropped below 22,300. This sell-off erased ₹8.7 lakh crore in investor wealth amid rising crude oil prices and geopolitical concerns.
1 OctBrent crude rises 1% to $98.47 per barrelMediumBrent crude oil prices increased 1% intraday on 1 Oct 2026, reaching $98.47 per barrel. This rise reflects ongoing volatility in the energy markets, influenced by geopolitical tensions and supply chain concerns.
1 OctPM Dhara scheme launched with ₹1.86 lakh crore investmentHighThe government launched the PM Dhara scheme on 30 Sep 2023, with a financial outlay of ₹1,86,405 lakh crore. The initiative aims to evacuate 135 GW of renewable power and deploy 50 GWh of Battery Storage Systems, supporting India's non-fossil capacity target by 2035.

Gold declines over 1% as oil rises 4% on geopolitical tensions

Related