Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Oil Surge Puts Pressure on Gold Prices Amid Fed Rate Hike Fears

Guavy AI Editorial Team
Instruments
Oil Gold
Share

Gold prices took a hit on Monday, falling Rs 500 to Rs 1,55,400 per 10 gram in Delhi as crude oil surged to a four-month high and the US dollar strengthened.

The price drop came despite silver bucking the trend and remaining steady at Rs 2,34,600 per kilogram. Globally, spot gold declined by 1.3% to USD 4,291.71 per ounce and silver plummeted nearly 3% to USD 62.82.

Akshat Siddhant, Lead Quant Analyst at investment platform Mudrex, attributed the fall in gold prices to investors pricing in a probable Fed rate hike. Higher oil prices have added to inflation worries, further pressuring demand for gold and silver.

More on Commodities

Commodities 4m ago

Gold Price Struggles at Yearly Open Support Ahead of US CPI Report

Commodities 4m ago

Record-High Diesel Prices Slam US Farmers Amid War-Driven Fuel Shortage

Commodities 5m ago

Gold Prices Tumble Amid Higher Oil Costs, Hawkish Fed Outlook

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy