Crude oil prices have edged higher, supported by supply-side worries and geopolitical risks
Gaurav Garg,
Research analyst
Lemonn markets desk.
Mumbai, April 10, 2026: In today's commodity market update, gold prices have slightly declined to around Rs1,51,000 per 10 grams, reflecting mild profit booking, while silver has seen a sharper correction, trading near Rs2,50,000–Rs2,60,000 per kg, down over 1%.
These movements come after a recent rally in precious metals, as investors turned cautious amid a stronger US dollar and mixed global cues. Sentiment has also been influenced by ongoing geopolitical uncertainty, particularly around US–Iran tensions and concerns over potential disruptions in key oil supply routes.
Conversely, crude oil prices have edged higher, supported by supply-side worries and geopolitical risks, keeping overall commodity market volatility elevated.
