Commodities

Gold prices eased on Friday as investors engaged in profit-taking after the metal’s record-breaking rally earlier in the week. The announcement of a U.S.-brokered ceasefire between Israel and Hamas improved market sentiment, reducing demand for safe-haven assets and prompting a modest pullback across the precious metals sector. Spot gold fell …

Oil prices retreated on Friday as geopolitical tensions in the Middle East showed signs of easing. West Texas Intermediate, the US benchmark, slipped to around 61.20 dollars in early Asian trading, weighed down by reports of a ceasefire agreement between Israel and Hamas in Gaza.According to late Thursday updates, Israel …

In a move that underscores deepening technological ties, the United States has approved several billion dollars’ worth of Nvidia chip exports to the United Arab Emirates. The licenses were issued by the Commerce Department’s Bureau of Industry and Security as part of a bilateral artificial intelligence agreement concluded earlier this …

The hurricane that struck in August did more than disrupt immediate energy output; its ripple effects persisted well into October and continued to cast a shadow over asset behavior in the near term. Here’s how that residual impact played out — and how markets had to adapt to the “aftershocks.”The …

Gold prices steadied above the $4,000 mark on Thursday, consolidating near record highs as markets digested news of a U.S.-brokered ceasefire between Israel and Hamas, while persistent geopolitical tensions and expectations of further Federal Reserve rate cuts kept demand for safe-haven assets elevated. At 1226 GMT, spot gold traded at …

Gold prices eased on Thursday as investors took profits following the metal’s historic surge past $4,000 per ounce on Wednesday, driven by heightened geopolitical tensions and growing bets on U.S. interest rate cuts. Spot gold slipped 0.2% to $4,029.86/oz as of 06:42 GMT, retreating from a new record high of …

Global markets shifted their focus to Federal Reserve Chair Jerome Powell and the ongoing U.S. government shutdown, as the dollar surged to fresh two-month highs on Wednesday. The greenback’s strength was driven by mounting risk aversion and concerns that the political deadlock in Washington could drag on, delaying key economic …

Gold has broken through the $4,000 per ounce resistance level for the first time in its history on Wednesday, driven by several factors. This surge also follows the Federal Reserve (Fed) meeting results, where investors in financial markets are eagerly searching for signals regarding the future path of the Fed’s …

European equities traded higher on Wednesday, with France’s CAC 40 leading regional gains despite ongoing political instability in the country. The pan-European Stoxx 600 advanced 0.5%, while Germany’s DAX added 0.3%, and the UK’s FTSE 100 rose 0.3%. The CAC 40 climbed 0.8%, outperforming its peers even amid uncertainty following …

Oil prices edged higher in early Wednesday trading as investors digested the OPEC+ decision to maintain a modest production increase for November, easing some fears of an oversupply-driven selloff. Brent crude rose 0.7% to $65.93 per barrel, while West Texas Intermediate (WTI) climbed 0.8% to $62.24 by 04:00 GMT. Both …