Gold prices fell for the third straight session on Tuesday, influenced by rising Treasury yields, as the continuing conflict in the Middle East intensified worries about inflation and possible interest rate increases. Spot gold decreased by 0.2% to $4,319.98 per ounce as of 0100. Bullion reached a low not observed in over two months on Read More
Oil prices experienced a slight decline on Friday, fuelled by optimism surrounding the potential for an agreement between the U.S. and Iran to prolong their ceasefire. Comments from U.S. Vice President JD Vance indicated that the two sides were “close” but “not there yet,” marking the culmination of the decline. Brent crude futures for July, Read More
Oil prices experienced a decline on Friday, positioning themselves for a weekly downturn, as discussions between the United States and Iran regarding the OPEC member’s nuclear program were prolonged. This development alleviated apprehensions regarding possible hostilities that might interfere with supply chains. Brent crude futures declined by 28 cents, or 0.4%, settling at $70.47 per Read More
Gold prices remained largely unchanged on Friday, as investors processed the outcomes of the U.S.-Iran nuclear discussions from the prior day, while the dollar, positioned close to three-week peaks, exerted downward pressure on the yellow metal. Spot gold remained unchanged at $5,187.39 per ounce as of 0146. Bullion reached a peak not seen in over Read More
Gold saw a slight uptick on Wednesday, fueled by dip-buying, after a drop of more than 2% in the prior session attributed to progress in U.S.-Iran negotiations. Furthermore, quiet trading linked to the Lunar New Year celebrations throughout Asia has put downward pressure on prices. Spot gold rose by 0.2% to $4,886.69 per ounce as Read More
Gold and silver experienced a decline on Thursday as the U.S. dollar strengthened following stronger-than-anticipated January jobs data, which tempered expectations for imminent interest rate reductions. Meanwhile, investors remained on the lookout for inflation data scheduled for release on Friday to gain further insights into monetary policy direction. Spot gold experienced a decline of 0.4%, Read More
Oil prices continued to rise on Monday, following an increase of over 2% in the prior session, as geopolitical tensions between the U.S. and Iran maintained a sense of unease among investors, despite the resumption of full operations at Kazakhstan’s primary export pipeline. Brent crude futures experienced an increase of 12 cents, equivalent to 0.18%, Read More
On Thursday, precious metals experienced a downturn as geopolitical tensions eased following President Trump’s reduction of tariff threats and talks about Greenland. The rise in the dollar’s value also contributed to the drop in prices. Market participants are eagerly awaiting important U.S. economic indicators to shed light on the direction of monetary policy. Spot gold Read More
Gold has reached an unprecedented peak. Investors are seeking the yellow metal as a dependable safe haven. Concerns about Venezuelan oil shipments are growing. Silver prices are nearing record highs. The U.S. Federal Reserve is expected to reduce interest rates. This environment benefits non-yielding assets like gold. The U.S. dollar is weakening, leading to decreased Read More
