Latest commodities news and market analysis
Gold experienced a decline, trading near $3,995 in early Asian session, influenced by rising US-Iran tensions and upcoming US CPI data.
Iranian missiles struck two UAE tankers in the Strait of Hormuz, causing casualties and raising concerns about broader regional conflict.
A tanker reportedly struck by a projectile near Oman highlights escalating maritime risks, potentially impacting global shipping and oil mar
New Zealand's central bank indicates potential for more interest rate hikes, citing persistent inflation pressures despite recent oil price
Key economic data from New Zealand and China on Tuesday could offer insights into regional economic health and recovery narratives.
Major US stock indexes closed lower, with the tech-heavy Nasdaq experiencing the most significant drop amid broad-based selling pressure.
The US Dollar Index advanced as geopolitical concerns in the Middle East spurred safe-haven demand and pushed crude oil prices higher.
Crude oil futures experienced their most substantial daily increase since late April, driven by heightened geopolitical events.
Gold prices fell significantly on Monday following Federal Reserve Governor Christopher Waller's comments on potential interest rate hikes.
The British Pound weakened against the US Dollar as escalating Middle East tensions drove up oil prices, bolstering the greenback.
Reports of an attack on Abha International Airport in Saudi Arabia have sent crude oil prices higher, nearing recent peak levels.
A Federal Reserve official indicated that another elevated core inflation report could prompt a discussion on further interest rate increase
Crude oil markets are adjusting to a shifting geopolitical framework rather than immediate conflict, impacting global energy benchmarks.
Renewed hostilities in the Strait of Hormuz have pushed crude oil prices higher, though broader markets appear more focused on tech sector p
US two-year Treasury yields have climbed to their highest level since February 2025, reflecting market anticipation of potential Fed policy
Gold prices held steady around the $2,300 mark, showing resilience despite a stronger US dollar and ongoing geopolitical concerns.
Goldman Sachs anticipates the FX carry trade to remain a strong performer in the second half of the year, driven by persistent interest rate
Mediators from Qatar, Oman, and Pakistan are actively engaged in ongoing diplomatic efforts between the US and Iran, suggesting continued ho
Gold (XAU/USD) extended its recent declines, trading below $2,350 as Middle East tensions and shifting interest rate expectations impacted s
Renewed hostilities between the US and Iran have led to a significant reduction in vessel transits through the critical Strait of Hormuz.
The Indian Rupee opened lower against the US Dollar, influenced by escalating Middle East tensions and rising crude oil prices.
Gold prices experienced a notable decline in Saudi Arabia on Monday, reflecting broader trends observed across international markets.
Ongoing US-Iran hostilities continue to influence market sentiment, particularly affecting oil prices and geopolitical risk assessments.
Goldman Sachs anticipates a moderation in US core Consumer Price Index for June, potentially influencing market sentiment and central bank o