Gold remained stable on Tuesday as investors sought greater insight into the impasse in peace negotiations between the United States and Iran, while also monitoring key central bank decisions this week to assess whether the situation in the Middle East has impacted interest rate trends. Spot gold increased by 0.2%, reaching a price of $4,693.04 Read More
Gold prices increased by as much as 2% on Monday following significant military actions by the U.S. and Israel against Iran, resulting in the death of Supreme Leader Ayatollah Ali Khamenei. This development has heightened geopolitical tensions and intensified global economic uncertainty. Spot gold increased by 1.72% to $5,368.09 an ounce, as of 0010, reaching Read More
Oil prices remained close to seven-month highs on Wednesday, driven by concerns over the potential for military conflict between the U.S. and Iran, which could disrupt supply. This uncertainty persists despite upcoming talks between the involved parties scheduled for Thursday. Brent futures were priced at $71.22 per barrel, reflecting an increase of 45 cents, or Read More
Oil prices experienced a decline in early trading on Tuesday, following a more than 2% increase in the prior session. This shift comes as the U.S. indicated the possibility of selling Venezuelan crude that it has confiscated, amidst escalating concerns over supply disruptions due to Ukraine’s assaults on Russian vessels and piers. Brent crude futures Read More
Gold prices reached unprecedented levels in Asian trading on Monday, driven by heightened concerns regarding renewed hostilities between Iran and Israel, as well as an escalating conflict between the U.S. and Venezuela, which increased demand for safe-haven assets. Spot gold surged 1.4% to a historic high of $4,403.60 an ounce, exceeding its October peak, while Read More
