On Friday, oil prices held close to their highest levels in almost a month, setting themselves for a third straight weekly increase as a result of a global supply environment that is becoming increasingly restrictive. Following the imposition of tariffs by the United States on nations that purchase oil and gas from Venezuela, as well Read More
In the real world, everything changes. Time and tide wait for nobody, as the saying goes. That is true of almost everything: evolution continues and change is almost as guaranteed as paying taxes. Talking of taxes, the financial world is changing too. Of course, some things stay the same, such as money being a motivator Read More
Gold has never held appeal for Warren Buffett. However, the Oracle of Omaha may experience a sense of remorse when evaluating bullion charts from the last few years. Frequently grouped with assets deemed ‘non-productive’ by the world’s leading investor, gold has unexpectedly emerged as the most lucrative asset since late 2023. This surge can be Read More
As the precious metal continues to achieve new heights, market observers are becoming more and more bullish about gold. On Friday, gold futures (GC=F) reached $3,114, marking their 17th record high of the year. This comes after Thursday’s record high, which was reached on Thursday. Concerns about the possibility of a trade war have been Read More
Trump’s new tariffs on the automotive industry have exacerbated trade tensions, which has led to an increase in the price of gold. As a result of the declaration made by President Donald Trump of the United States regarding new tariffs on automobile imports that are scheduled to begin the following week, gold prices reached their Read More
This month, gold futures have surpassed the $3,000 per troy ounce threshold, with Bank of America projecting a potential increase to $3,500 per troy ounce over the next two years. The company asserts that achieving the new target is contingent upon a 10% increase in investment demand for gold. The sources of this demand are Read More
Oil futures have experienced an upward trajectory for four consecutive sessions, buoyed by the United States’ warning of potential import tariffs on nations purchasing oil from Venezuela. “It is clear that the market perceives this as somewhat supportive,” states John Kilduff of Again Capital. However, he observes President Trump’s tendency to engage in discussions with Read More
Front-month gold futures retreated following the establishment of a new record yesterday, reaching $3,040 per troy ounce. The contract declined by 0.7% to $3,018.20 per ounce on Friday; however, it concluded the week with a net gain. According to Kieran Tompkins of Capital Economics, analysts have linked the surge in gold prices to increased concerns Read More
Natural gas futures have experienced a decline following the EIA’s report of a 9 Bcf rise in inventories for the previous week. This adjustment has narrowed the storage deficit relative to the five-year average, decreasing it from 230 Bcf to 190 Bcf. “Although not without precedent, net injections are infrequent at this juncture in the Read More
Gold futures remain stable following the establishment of a new record earlier in the trading session. Futures remain stable at $3,041.90 per troy ounce, following a peak of $3,065.20/oz earlier in the trading session. The increase in the value of the precious metal can be attributed to heightened demand for safe-haven assets, stemming from concerns Read More
