<div id="readability-page-1"><div>Commodity markets traded mixed on May 14, with crude oil, base metals and precious metals reacting to geopolitical tensions, inflation concerns and shifting expectations around global interest rates.Brent crude hovered near $106 a barrel after falling 2 percent in the previous session, while West Texas Intermediate traded around $101 a barrel as markets tracked developments around the ongoing Iran war and high-level talks between President Donald Trump and Chinese President Xi Jinping.The conflict in the Middle East continued to keep energy markets on edge, with no signs of a near-term resolution. Rising fuel prices have also heightened inflation concerns globally.Recent data showed the US consumer price index rose 3.8 percent year-on-year, the highest since 2023. Gasoline prices have surged around 50 percent since the war began, according to data from the American Automobile Association, while the latest Bureau of Labor Statistics report pointed to rising prices for airfares, housing, clothing and food.In the base metals segment, trends remained mixed. Copper declined amid weak demand signals, while aluminium and zinc also traded lower, reflecting softer industrial sentiment and concerns around global manufacturing activity.Gold extended losses as stronger-than-expected US inflation data reinforced expectations that the Federal Reserve could keep interest rates elevated for longer. Bullion traded near $4,700 an ounce after slipping 0.6 percent in the previous session following data showing US wholesale inflation accelerated in April to its fastest pace since 2022.Silver gained 0.3 percent to $87.81 an ounce, while platinum remained largely unchanged and palladium edged higher. The Bloomberg Dollar Spot Index slipped 0.1 percent. On the domestic front, MCX commodity prices tracked global cues and rupee movement, with volatility remaining relatively contained despite heightened geopolitical uncertainty.</div></div>

GOLD

Commodity markets showed mixed results on May 14, influenced by geopolitical tensions and inflation concerns. Brent crude oil remained around $106 per barrel, while West Texas Intermediate was about $101, amid ongoing conflicts in the Middle East. The US consumer price index rose 3.8% year-on-year, raising inflation worries. Gold prices fell to approximately $4,700 an ounce due to expectations of prolonged high interest rates, while silver saw a slight increase. Base metals like copper, aluminium, and zinc experienced declines, reflecting weak demand and industrial sentiment.

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YieldMax Gold Miners Opt Inc Strgy ETF

VanEck Junior Gold Miners ETF

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Pro Ultr Bloomberg Crude Oil

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Commodity Corner: Crude remains elevated amid Iran war; gold slips on inflation worries