Gold remains stable amid the escalating conflict between Israel and Iran, with the extent of US involvement still uncertain. Gold prices held steady at $3,367.60 an ounce in the context of rising geopolitical tensions between Israel and Iran. Investors exhibit caution as the United States deliberates its potential involvement in the ongoing conflict. President Trump is Read More
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Gold experiences an uptick amid escalating tensions in the Middle East; however, the Federal Reserve’s prudent perspective limits the extent of these gains. Gold prices experienced a modest uptick, driven by safe-haven demand in the context of escalating tensions in the Middle East. However, the extent of these gains was constrained by the Federal Reserve’s signals Read More
Oil prices experiences a decline due to an increase in US stockpiles and price reductions from Saudi Arabia. Oil prices saw a decline early Thursday as a result of an increase in U.S. gasoline and diesel inventories. Saudi Arabia’s choice to reduce July crude prices for Asian buyers also played a role in the decline. Read More
Gold remains steady as uncertainty surrounding US-China trade offsets robust US jobs data. Gold prices exhibited stability. Trade tensions between the United States and China offset the positive job data emerging from the U.S. China seeks to improve its relations with the United States. There exists the potential for discussions between Donald Trump and Xi Jinping. Gold Read More
Gold remains close to a four-week high, influenced by a declining dollar and ongoing trade concerns. Gold prices surged to a near four-week high, supported by a declining dollar and heightened U.S.-China trade tensions, which have amplified demand for this safe-haven asset. The uncertainty surrounding trade negotiations and geopolitical concerns, particularly the discussions between Russia and Read More
The increase in OPEC+ production has catalyzed a surge in oil prices, coinciding with heightened geopolitical tensions. Oil prices experienced an impressive rise. This development followed the decision by OPEC plus countries to boost oil production levels. The rise was below projections. Geopolitical tensions surrounding Ukraine and Iran also played a role. OPEC+ has reached a Read More
Since the introduction of tariffs under the Trump administration, markets across the board have been feeling the pressure. From raw commodities to the fast-moving digital world, the ripple effects are being felt in unexpected ways, shaking up industries and prompting businesses to rethink their strategies. Starting with commodities, tariffs have created quite a stir. The Read More
Gold prices experienced an increase as a result of Donald Trump’s tariff threats. The increase was also supported by a weaker dollar. Trump intends to increase tariffs on steel and aluminum. This action elicited a cautionary note regarding potential reprisals from Europe. Geopolitical tensions between Ukraine and Russia have intensified. Trump and Xi Jinping are Read More
Oil experiences a rebound following OPEC+’s decision to maintain the same output increase for July as was implemented in June. Oil prices saw a resurgence, climbing by more than $1 per barrel, subsequent to OPEC+’s resolution to elevate production by 411,000 barrels per day in July, in accordance with market expectations. Brent crude futures experienced an Read More
Copper continues to play a pivotal role in the global green transition, as demand experiences a significant surge in Asia, particularly in China and India. As electrification and electric vehicles propel consumption, supply limitations stemming from aging mines, environmental regulations, and geopolitical challenges could exacerbate future shortages. Despite near-term volatility, long-term market sentiment remains optimistic. Copper, Read More