Gold Futures Rebound, Key Resistance at $4,068 for Sustained Recovery
August gold futures show signs of recovery above $4,050, but traders watch $4,068 for a stronger bullish signal.
Latest commodities news and market analysis
August gold futures show signs of recovery above $4,050, but traders watch $4,068 for a stronger bullish signal.
Flash PMI data indicates a return to growth for the UK private sector in July, surpassing economists' expectations.
Euro area business activity expanded in July for the first time in four months, driven by improvements in both services and manufacturing.
Crude oil futures are testing a critical support level around $90 after a recent pullback, as market participants assess various global fact
Germany's flash Composite PMI returned to growth in July, primarily fueled by a significant uplift in the manufacturing sector.
France's private sector activity showed signs of stabilization in July, driven by a rebound in services despite manufacturing weakness.
Iran has reportedly declined a ceasefire proposal, citing unresolved issues regarding the Strait of Hormuz, maintaining regional uncertainty
Gold (XAU/USD) continued its downward trend, falling below $4,050, influenced by a stronger US dollar and anticipation of further Fed rate h
Asian equities experienced a downturn as geopolitical developments in the Middle East and rising oil prices impacted investor sentiment.
Iran reportedly declined a ceasefire proposal from the U.S., signaling a reduced likelihood of immediate diplomatic de-escalation in the reg
South Korea's financial regulator has accelerated the implementation of higher deposit requirements for retail trading of single stock lever
Spot gold experienced a notable decline, pushing below a significant support level as market focus remains on interest rate expectations.
The Bank of Japan is anticipated to uphold its current monetary policy, even as it continues to monitor inflation dynamics.
Silver prices show modest recovery in Asian trading, holding above $27.50 after significant losses, as market eyes Fed's policy path.
Reports suggest US President Trump favors military pressure over diplomacy with Iran, indicating ongoing geopolitical instability.
A recent Reuters poll indicates the majority of economists anticipate Singapore's central bank will keep policy steady on July 27.
Analysts suggest current oil market risks are underestimated, with multiple key shipping routes simultaneously constrained, impacting global
Gold experienced a price drop early Friday as escalating Middle East conflict contributed to broader inflation concerns.
Australian business activity expanded for a second consecutive month in July, reaching its highest level since January, primarily driven by
The US Treasury's latest report advocates for further Bank of Japan rate hikes as the yen reaches a four-decade low.
Satellite imagery indicates Iran is rapidly repairing military sites, suggesting its infrastructure is more resilient to strikes than antici
Global markets experienced a risk-off mood as geopolitical tensions escalated, pushing crude oil prices significantly higher.
OPEC+ is expected to proceed with a modest oil output increase for September, adhering to its gradual quota unwind strategy.
The US Dollar advanced following strong employment figures, while crude oil benchmarks rose due to escalating geopolitical concerns.