The yellow metal gained 2.2 per cent last week and has recovered about 5 per cent from the March 2021 lows set just a week ago. The Bloomberg commodity index gained 4.6 per cent last week reflecting general strength across commodities.
In the Nifty500 pack, nine stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on May 22, 2026, according to stockedge.com’s technical scan
Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with
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