Gold Prices Approach Recent Peaks, Eyes Higher Resistance
Spot gold is trading near multi-week highs after recovering from an early-week dip, with market participants observing key resistance levels
Latest commodities news and market analysis
Spot gold is trading near multi-week highs after recovering from an early-week dip, with market participants observing key resistance levels
The United States appears to be focusing on economic sanctions against Iran, moving away from immediate military action, impacting oil marke
The EUR/USD pair showed little movement on Monday as the US Dollar stabilized, while crude oil experienced an uptick due to Strait of Hormuz
Meta's recent manifesto outlines a future of democratized AI, but critics question if it serves broader societal benefit or corporate intere
US Section 232 tariffs on aluminum and steel are indirectly influencing copper markets by altering arbitrage opportunities between COMEX and
Gold prices show little movement as market participants weigh the Federal Reserve's interest rate trajectory and ongoing Middle East develop
Goldman Sachs analyzes whether the FIMA repo facility would deter Japan from selling US Treasuries amid currency intervention efforts.
The Indian Rupee weakened against the US Dollar as crude oil prices rose following new conditions for the Strait of Hormuz.
Crude oil futures saw an increase following weekend reports of a tanker incident near the Strait of Hormuz, intensifying geopolitical concer
Citigroup has increased its third-quarter Brent crude price forecast, acknowledging prolonged geopolitical issues affecting oil supply.
Gold (XAU/USD) prices eased from recent highs at the start of the week, influenced by a strengthening US dollar, yet maintained crucial supp
Asian technology stocks surged as markets scaled back expectations for Federal Reserve interest rate hikes, with South Korea's Kosdaq trigge
Major Australian banks anticipate the Reserve Bank of Australia will maintain its current interest rate, influenced by recent inflation figu
China's substantial oil reserves are currently absorbing significant Middle Eastern supply disruptions, preventing a broader market price su
A summary of the Bank of Japan's July meeting reveals discussions among board members about potentially accelerating interest rate increases
Goldman Sachs maintains a positive outlook on stocks, projecting crude oil to decline below $70 a barrel by year-end.
Recent developments in the Middle East, including a rejected Gaza plan, influence oil's risk premium amidst Strait of Hormuz concerns.
A recent unconfirmed report of a tanker strike near Oman could significantly impact global oil supply and market stability.
Iran's Revolutionary Guard maintains a firm stance on the Strait of Hormuz, while Houthi actions escalate Red Sea shipping risks.
Newmont's stock performance has attracted analyst attention, with recent price action suggesting potential for further upside if key resista
Former President Trump commented on the Strait of Hormuz situation, highlighting economic pressure on Iran amid internal power struggles imp
This week features significant central bank decisions from Australia and Norway, alongside crucial inflation and retail sales data from majo
China's Consumer Price Index (CPI) and Producer Price Index (PPI) both showed significant cooling in July, indicating subdued domestic deman
Recent CFTC data indicates a significant unwinding of Yen short positions, influencing broader FX, while commodities presented a mixed perfo