Oil remained relatively stable as investors monitor discussions between Iran and the United States, alongside data emerging from China. Oil prices exhibited stability as investors closely observed the ongoing Iran-U.S. nuclear negotiations while anticipating significant economic data from China in the context of prevailing trade tensions. Brent crude experienced a modest decline, settling at $65.36 per Read More
Gold experiences an uptick as the dollar declines, while Trump’s tariff threats bolster demand for safe-haven assets. Gold prices experienced an increase of more than 1% on Monday, driven by a decline in the dollar and a resurgence of trade tensions, following U.S. Treasury Secretary Scott Bessent’s restatement of President Trump’s tariff threats. Spot gold attained Read More
Gold edges upward as investors seize the opportunity to buy the dip in anticipation of US data. Gold prices experienced a modest uptick, taking advantage of recent declines following a one-month low. Investors are closely monitoring the U.S. Producer Price Index data for economic insights. The prior session witnessed a decrease in gold prices, subsequent to Read More
Oil declines by over 1% amid anticipations surrounding a US-Iran nuclear agreement. Oil prices experienced a decline on Thursday, attributed to the prospects of a US-Iran nuclear agreement. An unexpected increase in US crude oil inventories was also observed. An Iranian official indicated a readiness to negotiate with the US contingent upon the removal of sanctions. Read More
Gold declines as easing occurs The trade issues between China and the United States diminish the attractiveness of safe-haven assets. On Wednesday, gold prices experienced a decline. This occurred as a result of the alleviation of trade tensions between the United States and China. The demand for gold as a safe investment has diminished. Market participants Read More
Oil prices have risen by 2%, reaching a two-week high, following the announcement of tariff reductions between the US and China. Oil prices experienced an increase of around 2% after the U.S. and China reached an agreement to reduce tariffs, which has sparked optimism regarding a potential resolution to their ongoing trade conflict. Brent crude reached Read More
Oil prices held firm on Friday following a prior increase, supported by the alleviation of U.S.-China trade tensions and the establishment of a new trade agreement between the U.S. and Britain. Brent crude is currently priced at $62.91 per barrel, whereas WTI stands at $59.98. The U.S. and China are set to convene in order Read More
Oil prices rise amid indications of increased demand from Europe and China, coupled with a reduction in US production. Brent crude futures increased by 37 cents a barrel, representing a 0.6% rise, reaching $62.52 a barrel by 1215 GMT. Meanwhile, U.S. West Texas Intermediate crude stood at $59.53 a barrel, up by 44 cents, or Read More
Gold experiences a decline amid optimism surrounding US-China trade discussions; market participants are closely monitoring Federal Reserve policy. U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer are set to engage with China’s leading economic official in Switzerland this week, according to U.S. officials, marking a potential initial move towards addressing a trade war Read More
Oil prices experienced a decline of more than $2 per barrel as OPEC+ announced intentions to augment oil production, which has sparked apprehensions regarding a possible surplus in supply. The group’s choice to expedite production increases for the second month in a row, with an addition of 411,000 bpd in June, reinforces anticipations of a Read More
