Gold remained relatively stable as market participants anticipate forthcoming US inflation data. Gold prices experienced a modest decline on Friday. Market participants are anticipating the release of the U.S. inflation report. This report is poised to impact the policy decisions of the Federal Reserve. Global equities experienced an uptick, while the U.S. dollar exhibited a decline. Read More
Oil prices witnessed an increase after a U.S. court ruled against President Trump’s tariffs. Market attention is currently directed towards the potential U.S. sanctions that could affect Russian crude flows, alongside OPEC+’s decision concerning increased output in July. Concerns regarding supply are escalating as a result of Chevron’s cessation of oil production in Venezuela. On Thursday, Read More
Brent crude futures increased by 47 cents, representing a 0.73% rise, reaching $64.56 per barrel by 0030 GMT. Meanwhile, U.S. West Texas Intermediate crude saw an uptick of 49 cents, approximately 0.8%, bringing it to $61.38 per barrel. Oil prices experienced an uptick in early trading on Wednesday following the U.S. government’s decision to prohibit Read More
Gold experiences a slight increase as the dollar declines, amid growing concerns regarding US fiscal matters. This increase can be attributed to a depreciating dollar and concerns regarding the financial condition of the United States. Investors are closely monitoring developments regarding trade policies. This comes in the wake of President Trump’s postponement of tariff increases Read More
Gold prices experienced a decrease from a two-week peak. This development occurred following Donald Trump’s establishment of a new deadline for a trade agreement with the European Union. He postponed the implementation of tariffs. Previously, gold prices experienced an increase attributed to heightened safe-haven demand. This occurred following Trump’s proposal of tariffs on imports from Read More
Gold experiences a surge exceeding 2% driven by heightened safe-haven demand in response to concerns regarding Trump’s tariffs. Gold prices experienced a notable increase of over 2% on Friday, achieving their strongest weekly performance in six weeks, as investors turned to the safe-haven asset for protection. Renewed tariff threats from U.S. President Donald Trump, coupled with Read More
Oil prices experienced a decline in the wake of an unexpected rise in U.S. crude and fuel reserves. This development has raised apprehensions regarding demand. Investors are closely monitoring the resurgence of nuclear negotiations between Iran and the U.S. Tensions persist in light of a report concerning possible Israeli strikes on Iranian nuclear facilities. Kazakhstan’s Read More
Once overlooked, now unignorable: The potential for tactical gains in Silver amidst the prominence of Gold. Silver continues to be undervalued in the context of gold’s recent ascent, as evidenced by the gold-silver ratio reaching a historic high approaching 100:1. Structural deficits, increasing industrial demand, and a track record of historical outperformance position silver as Read More
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
