Oil prices declined by 1% on Tuesday as market participants continued to assess a potential pause in U.S. strikes on Iran, which has fostered optimism regarding a diplomatic resolution to their conflict and the normalisation of energy flows in the Middle East. Brent crude futures experienced a decline of $0.54, representing a decrease of 0.6%, Read More
Gold prices experienced a slight decline on Tuesday, influenced by a strengthening dollar, as market participants awaited insights from the Federal Reserve’s forthcoming policy decision regarding the interest rate trajectory. Spot gold declined by 0.5%, reaching $4,056.03 per ounce as of 0110. U.S. gold futures for August delivery declined by 0.5%, settling at $4,056.70. President Read More
Oil prices fell to reach a two-month low on Friday following U.S. President Donald Trump’s decision to abandon plans for military strikes on Iran. This development alleviated worries about a potential escalation in tensions, which had intensified earlier in the week after both parties engaged in attacks. Brent crude futures decreased by $1.21, representing a Read More
Oil prices experienced a decline exceeding 2% during the early hours of Asian trading on Tuesday, following remarks from U.S. President Donald Trump regarding the suspension of a proposed military action against Iran, aimed at facilitating negotiations to resolve the ongoing conflict in the Middle East. Brent futures for July delivery decreased by $3.01, representing Read More
Oil prices experienced a slight increase on Thursday as market participants anticipated a meeting between U.S. President Donald Trump and Chinese President Xi Jinping later in the day, while traders remained attentive to developments regarding the Iran conflict. Brent crude futures increased by 13 cents, or 0.12%, reaching $105.76 a barrel by 0015, whereas U.S. Read More
On Tuesday, gold prices saw an increase as investors kept an eye on the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, as well as the latest updates regarding the ongoing conflict in the Middle East. Spot gold rose by 0.5%, hitting $4,757.59 per ounce as of 0050. U.S. gold futures Read More
Gold saw a drop on Monday, affected by a strong dollar, while rising oil prices heightened worries about inflation and the likelihood of sustained high interest rates amid stalled U.S.-Iran peace talks. Spot gold saw a decrease of 0.3%, trading at $4,694.26 per ounce, as of 0059. Last week, the metal saw a decrease of Read More
Gold prices remained steady on Tuesday, as investors approached the market with caution due to a deadline set by U.S. President Donald Trump concerning the reopening of the Strait of Hormuz, a key area in the Iran conflict. Spot gold held steady at $4,646.69 per ounce as of 0100, while U.S. gold futures for June Read More
Gold experienced an uptick as market participants grappled with uncertainty surrounding the future of trade agreements negotiated with the US, following the Supreme Court’s limitation on President Donald Trump’s tariff authority. Bullion increased by as much as 1.3%, surpassing $5,170 per ounce. On Saturday, Trump announced his intention to implement a global tariff of 15% Read More
Oil prices remained stable on Tuesday as investors evaluated the potential risks of supply disruption following Iran’s naval drills near the Strait of Hormuz, occurring just before the scheduled nuclear talks with the U.S. later in the day. U.S. President Donald Trump stated on Monday that he would participate “indirectly” in the discussions in Geneva, Read More
