Gold prices slipped to their lowest levels in nearly four weeks during Asian trading on Friday, as the ongoing ceasefire between Israel and Iran weakened demand for the precious metal, traditionally considered a safe-haven asset during times of geopolitical unrest. Spot gold fell 1% to $3,293.79 an ounce, its lowest …

Oil prices edged higher on Friday, but remained on track for their largest weekly decline since March 2023, as market concerns over supply disruptions from the Israel-Iran conflict dissipated. The absence of significant impact on global oil flows led to the evaporation of any risk premium that had previously supported …

The U.S. economy contracted at an annual rate of 0.5% in the first quarter of 2025, marking a worse-than-expected decline, according to the latest data released by the U.S. Bureau of Economic Analysis (BEA) on Thursday. This figure was a revision downward from the previously reported -0.2%, signaling a more …

The number of U.S. citizens filing new applications for unemployment insurance decreased to 236,000 for the week ending June 21, as reported by the U.S. Department of Labor (DOL) on Thursday. This figure came in lower than both initial estimates and the previous week’s revised total of 246,000 (which had …

Bitcoin showed some positive movement on Thursday, rising by 1.4% to $107,751.9 as risk appetite continued to benefit from the ongoing ceasefire between Israel and Iran, though it remained within a familiar trading range. The largest cryptocurrency’s price remained below its weekly high of over $108,000, signaling that while momentum …

Retail sales in the UK faced a significant downturn in June, as the latest survey by the Confederation of British Industry (CBI) revealed a deeper contraction in sales activity compared to May. The CBI’s monthly retail sales gauge, which compares sales figures to those from the same time last year, …

European stocks gained ground on Thursday as investors tracked the fragile Israel-Iran ceasefire, the looming U.S. tariff deadline, and the latest comments from Federal Reserve Chair Jerome Powell. By 03:15 ET (07:15 GMT), the DAX index in Germany was up 0.5%, the CAC 40 in France climbed 0.4%, and the …

Gold prices found some support in Asian trade on Thursday, as a weaker dollar helped to stabilize bullion prices. Spot Gold remained largely unchanged at $3,336.65 an ounce, while Gold Futures for August rose 0.1% to $3,347.45/oz by 01:08 ET (05:08 GMT). Earlier in the week, gold saw sharp losses …

Oil prices made modest gains in Asian trade on Thursday, boosted by a larger-than-expected draw in U.S. oil inventories, which sparked some optimism around demand. However, the potential for further increases remained tempered by the sustained ceasefire between Israel and Iran, which has reduced concerns over potential disruptions in Middle …

Oil, Crude, trading