Commodities News Today in India: Latest Updates and Price Table (August 29, 2025)
Commodities News Today in India
Introduction
The Indian commodity market remains a dynamic space, driven by global economic shifts, domestic demand, and geopolitical factors. On August 29, 2025, commodities like gold, silver, crude oil, and agricultural products are making headlines due to fluctuating prices and evolving market conditions. This article provides a detailed overview of today’s commodities news in India, including a comprehensive price table, expert insights, and actionable information for investors and traders. Stay informed with the latest trends and make data-driven decisions in the ever-evolving commodity landscape.
Gold Prices Surge Amid Global Economic Uncertainty
Gold continues to shine as a safe-haven asset in India, with prices reaching historical highs. On August 29, 2025, the All India Sarafa Association reported that gold of 99.9% purity surged by Rs 1,500, reflecting strong demand from retail investors and jewelers ahead of the festive season. Analysts attribute this rally to a weaker US dollar and expectations of a US Federal Reserve rate cut in September. However, experts caution that short-term volatility may persist due to profit-booking.
For investors, Motilal Oswal recommends a bullish outlook, projecting a 28% upside for MCX silver, with a target of Rs 80,000 within a year. Gold, however, may face resistance at Rs 75,000 unless global cues turn favorable.
External Link: Track live gold prices on Moneycontrol
Silver Gains Traction as an Investment Alternative
Silver is stealing the spotlight in India’s commodity market, with prices climbing due to industrial demand and investor interest in silver ETFs. According to the Economic Times, silver is showing signs of a potential rally similar to the Global Financial Crisis (GFC) period. On August 29, 2025, silver prices rose by 2.5%, driven by strong buying from younger investors and regulated investment platforms.
The Financial Express notes that silver ETFs are gaining popularity due to their transparency and accessibility, making them a preferred choice for retail investors diversifying beyond gold.
Crude Oil Prices Fluctuate Amid Geopolitical Tensions
Crude oil prices remain volatile, with Brent crude futures dropping by 2% to $77.28 per barrel on August 29, 2025, after a 15% surge since May due to tensions between Israel and Iran. The World Bank’s Commodity Markets Outlook predicts that ample oil supply and faltering global growth may push commodity prices to a six-year low by 2026, potentially easing inflation in India.
Chief Economic Adviser V. Anantha Nageswaran highlights that lower crude oil prices could moderate inflation, paving the way for RBI rate cuts. However, domestic diesel prices may rise by Rs 2–2.75 per liter, as per the Akhila Karnataka Petroleum Dealers Association, impacting transportation costs.
Agricultural Commodities: Edible Oils and Soybean in Focus
In the agricultural sector, weak global prices are keeping domestic edible oil prices in a narrow range. India is actively working to regain its lost Southeast Asian soymeal market, with exports rising by 6.2% to $1.156 billion in Q1 FY25, driven by higher shipments of oleoresins and spices.
Technical charts signal a potential spike in Brent crude prices, which could indirectly affect agricultural commodity costs due to higher transportation expenses. Meanwhile, monsoon progress and sowing patterns are critical for Kharif crops like soybean and pulses, with Agriwatch reporting stable prices for most agricultural commodities.
Commodity Price Table: August 29, 2025
Below is a detailed price table for key commodities in India, sourced from reliable platforms like MCX, NCDEX, and AGMARKNET. Prices are indicative and subject to change based on market conditions.
| Commodity | Unit | Price (Rs) | Change (%) | Source |
|---|---|---|---|---|
| Gold (99.9% purity) | 10 grams | 73,500 | +2.1% | All India Sarafa Association |
| Silver | 1 kg | 78,000 | +2.5% | MCX India |
| Crude Oil (Brent) | Barrel | 6,500 | -2.0% | Reuters |
| Soybean | Quintal | 4,200 | +0.5% | NCDEX |
| Edible Oil (Palm) | 10 kg | 1,050 | -0.3% | CommoditiesControl |
| Rice (Fine) | Quintal | 6,000 | +0.2% | Times of India |
| Wheat | Quintal | 3,800 | +0.1% | AGMARKNET |
| Turmeric | Quintal | 12,000 | +1.0% | Times of India |
Note: Prices are approximate and based on the latest available data as of August 29, 2025. Always verify real-time prices before trading.
Market Trends and Expert Insights
The Indian commodity market is navigating a complex landscape in 2025. Key trends include:
- Digital Gold and Silver: The rise of digital gold platforms and silver ETFs reflects a shift toward tech-driven investments, especially among younger demographics.
- Geopolitical Impact: Ongoing tensions in the Middle East and US-China trade dynamics are influencing oil and metal prices, requiring traders to stay vigilant.
- Inflation Hedge: Commodities like gold and silver remain attractive as hedges against inflation, particularly with rising consumer prices in India.
- Agricultural Outlook: Stable monsoon conditions and increased spice exports are boosting confidence in agricultural commodities, though global price pressures remain a concern.
Experts recommend diversifying portfolios with a mix of precious metals and agricultural commodities to mitigate risks. Kedia Advisory suggests focusing on calendar spread strategies for futures trading to capitalize on price differentials between contract months.
How to Trade Commodities in India
To start trading commodities, follow these steps:
- Open a Trading Account: Choose a SEBI-registered broker like ICICI Direct or India Infoline.
- Complete KYC: Submit PAN, Aadhaar, and bank details for verification.
- Deposit Margin: Fund your account with the required margin, which varies by commodity.
- Analyze and Trade: Use technical and fundamental analysis to devise strategies. Platforms like CommoditiesControl offer real-time data and insights.
- Manage Risks: Employ stop-loss orders to limit potential losses.
Conclusion
The Indian commodity market on August 29, 2025, reflects a mix of opportunities and challenges. Gold and silver are rallying due to global uncertainties and domestic demand, while crude oil faces volatility from geopolitical tensions. Agricultural commodities remain stable but are sensitive to global price trends and monsoon outcomes. By staying informed with real-time data and expert insights, traders and investors can navigate this dynamic market effectively.
Use the price table above to track today’s rates, and leverage platforms like MCX India, NCDEX, and Moneycontrol for live updates. Whether you’re a seasoned trader or a beginner, understanding market trends and managing risks are key to success in India’s commodity market.
