On Thursday, gold prices saw a slight rise, bolstered by a declining dollar and increased demand for safe assets amid ongoing uncertainty surrounding U.S. tariff policies and negotiations between the U.S. and Iran. Spot gold rose by 0.3%, hitting $5,184.43 per ounce as of 0110. Bullion hit a high not observed in more than three Read More
Gold prices showed minimal change on Wednesday, after a drop of more than 1% in the previous session, as the dollar continued to hold its recent strength, making dollar-denominated metals more expensive for global buyers. Spot gold held steady at $5,146.18 per ounce by 0054, after reaching a level not observed in more than three Read More
Gold prices experienced a decline on Sunday night following indications from U.S. President Donald Trump regarding advancements in various trade agreements and the announcement of an extended tariff reprieve for several nations, which has reduced the demand for the safe-haven metal. Spot gold experienced a decline of 0.3%, trading at $3,323.71 per ounce in the Read More
Gold prices experience a decline as former President Trump alleviates trade tensions by implementing tariff exemptions. Gold prices experienced a decline on Monday following U.S. President Donald Trump’s decision to alleviate trade tensions by providing tariff exemptions on smartphones, computers, and various other electronics predominantly sourced from China. Spot gold experienced a decline of 0.4%, trading Read More
Oil prices extended their decline on Monday, tumbling nearly 3% to reach levels not seen since 2021, as an intensifying U.S.–China trade dispute sent shockwaves through global commodity markets. The rout, which also dragged down base metals and agricultural products, reflects mounting investor anxiety over the prospect of a worldwide economic slowdown. In Asian trading, Read More
Brent crude prices have experienced a decline of over 3%, reaching their lowest point since 2021. Oil prices approached their lowest closing levels since the height of the coronavirus pandemic in 2021 on Friday, impacted by U.S. President Donald Trump’s announcement of new tariffs and increased output from the OPEC+ producer group. Brent futures experienced a significant Read More
Gold reached an unprecedented peak as market participants flocked to safe-haven assets in response to President Trump’s declaration of substantial tariffs. The recent implementation of tariffs, featuring a 10% baseline on all U.S. imports alongside increased duties on vehicles, has intensified global trade tensions and amplified market uncertainty. In response to heightened investor anxiety, there Read More
In response to heightened investor anxiety, there was a notable increase in demand for gold on Wednesday, resulting in a rise in its prices. This was in expectation of announcements concerning reciprocal tariffs from the United States, which could exacerbate the current global trade conflict. In the last trading session, spot gold achieved a record Read More
