Commodities

Key Takeaways Mixed gold action: Spot gold edged 0.3% higher to $4,700.25 per ounce, while U.S. gold futures eased 0.2% to $4,697.97. Sidelined investors: Traders largely stayed on the sidelines during the opening day of the two-day Trump-Xi summit. Xi’s positive tone: The Chinese president said both nations had made …

Key Takeaways Modest pullback: Brent crude fell 0.4% to $105.18 per barrel, while WTI slipped 0.7% to $100.33. Weekly gains intact: Both contracts are still set for sharp weekly gains despite Thursday’s dip. Conciliatory summit: Trump-Xi meeting wrapped after 2 hours 15 minutes, with leaders striking a friendly tone despite …

In a long-awaited return to Beijing after years of strained relations, US President Donald Trump arrived in the capital of China on Wednesday for his first visit to China since 2017, marking a major diplomatic moment set against a backdrop of deep economic rivalry and political mistrust between the world’s …

Global oil prices remained near the crucial $100-per-barrel mark on Wednesday, reflecting growing concerns over tightening supplies, geopolitical tensions, and rising inflation pressures across the global economy. US crude was trading around $101.85, holding close to recent highs despite some market volatility during the session.Middle East tensions continue to support …

Key Takeaways Modest retreat: Brent crude fell 0.5% to $107.26 per barrel, while WTI slipped 0.7% to $101.44. Three-day rally fades: Both contracts had jumped more than 3% Tuesday, but remain well above pre-war levels of around $70. Ceasefire on “life support”: Trump’s stark warning continues to weigh on sentiment …

Key Takeaways Gold edges down: Spot gold slipped 0.4% to $4,699.10 per ounce, while gold futures rose 0.4% to $4,706.72. Tuesday’s pullback: Bullion fell 0.4% in the previous session on a stronger dollar and hot inflation readings. Iran negotiations on “life support”: Trump’s warning continues to weigh on sentiment after …

Key Takeaways Star-studded delegation: Trump confirmed Nvidia CEO Jensen Huang, Tesla CEO Elon Musk, and Apple CEO Tim Cook are aboard Air Force One. CEO lineup expands: The delegation also includes leaders of Blackstone, BlackRock, Boeing, Cargill, Citi, GE Aerospace, Goldman Sachs, Micron, and Qualcomm. Trump’s first ask: The president …

Key Takeaways Massive refund push: The Trump administration is processing more than $35.5 billion in tariff refunds to importers after the Supreme Court struck down his tariff policy. Interest included: Payments cover duties paid across more than 8 million import entries, with interest added to refund amounts. CAPE portal handles …

Key Takeaways Mixed gold action: Spot gold edged down 0.2% to $4,705.50 per ounce, while U.S. gold futures rose 0.6% to $4,713.00. Tuesday’s pullback: Bullion fell 0.4% on a firmer dollar and elevated inflation readings. Negotiations on “life support”: Trump’s warning followed Tehran’s rejection of the U.S.-backed peace proposal. Hormuz …

Key Takeaways Modest pullback: Brent crude fell 0.4% to $107.36 per barrel, while WTI eased 0.3% to $101.91 — following Tuesday’s 3%+ surge. Three days of gains: Both contracts had rallied for three consecutive sessions. Ceasefire on “life support”: Trump’s rejection of Iran’s response to peace proposals continues to keep …