Gold Extends Gains Amid Geopolitical Tensions and Economic Data
Gold prices advanced for a fourth straight session on Thursday, supported by ongoing geopolitical concerns and recent economic indicators.
Latest commodities news and market analysis
Gold prices advanced for a fourth straight session on Thursday, supported by ongoing geopolitical concerns and recent economic indicators.
Germany's construction industry experienced a deeper downturn in July, with activity and new orders falling across most sectors.
US equities saw a mixed session with tech stocks declining as investors weighed the substantial capital expenditure in artificial intelligen
Gold prices maintained slight increases, remaining under the $2,350 mark as the US Dollar saw a modest rebound in early trading.
Silver prices have demonstrated consistent gains over recent sessions, trading above the $62.00 mark per troy ounce.
Federal Reserve official Mary Daly affirmed her support for the July decision to maintain interest rates, emphasizing a data-dependent appro
Concerns regarding the sustainability of artificial intelligence capital expenditure led to a downturn in Asian technology and semiconductor
The Canadian Dollar gained against the US Dollar on Thursday, supported by rising crude oil prices and reduced expectations for aggressive F
UBS identifies multiple drivers for the ongoing equity rally, including broader earnings growth and reduced geopolitical risks.
Gold prices advanced significantly on Wednesday, supported by softer US economic indicators and comments from a Federal Reserve official.
Crude oil markets are experiencing mixed movements, influenced by de-escalation prospects in the Strait of Hormuz and an unexpected increase
The USD/JPY currency pair has stabilized around 157.70, as market participants assess the implications of recent Japanese yen intervention.
West Texas Intermediate crude oil prices are holding steady near a three-week low as market participants await news regarding Strait of Horm
Silver recorded significant gains, reaching a multi-week peak, as market sentiment improved following reports of potential US-Iran negotiati
Scotiabank's latest analysis suggests a significant shift in the investment model supporting the artificial intelligence trade.
Gold prices have seen a significant rally, reaching $4257, marking a six-week high, following a period of consolidation.
US crude oil stockpiles saw an unexpected increase last week, confounding market expectations of a draw and signaling potential demand shift
The US ISM Services PMI for July registered 54.1, a minor dip from expectations but still indicating expansion, with employment showing weak
The S&P Global US Services PMI reached 54.6 in July, indicating an acceleration in economic activity and job creation.
The US Dollar is currently exhibiting a period of consolidation, influenced by rising global equities and stable oil prices.
Brent crude futures saw a decline, attributed to market speculation surrounding a potential temporary agreement involving the US, Iran, and
Gold (XAU/USD) advanced over 3.5% as weaker US labor figures and declining oil prices influenced Federal Reserve policy outlook.
Eurozone business activity saw a robust recovery in July, primarily driven by the services sector, with inflation showing signs of cooling.
This week's market focus for crude oil and gold shifts to upcoming economic data, which could significantly influence their near-term price