Commodities

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 …

The US dollar’s recent retreat has stirred global markets, spotlighting tensions in currency pairs, gold prices, and the Canadian dollar’s struggle to hold ground. A ceasefire in the Middle East and cautious remarks from Federal Reserve’s Jerome Powell have shaped this shift, raising questions about what lies ahead for monetary …

U.S. Stock Futures Edge Up Amid Ceasefire and Powell’s Testimony U.S. stock futures traded modestly higher on Wednesday as investors cautiously responded to the fragile ceasefire between Israel and Iran, while also digesting the latest commentary from Federal Reserve Chair Jerome Powell. This shift in sentiment comes after a positive …

Oil prices saw a modest rebound on Wednesday, following sharp declines in the previous two sessions, as traders evaluated the U.S.-brokered ceasefire between Israel and Iran. As of 06:00 ET (10:00 GMT), Brent oil futures for August rose 0.9%, reaching $66.74 per barrel, while West Texas Intermediate (WTI) crude futures …

European stocks saw slight gains on Wednesday, bolstered by hopes that the fragile ceasefire between Israel and Iran might hold, while investors also digested Federal Reserve Chair Jerome Powell’s remarks from his testimony before Congress. As of 03:05 ET (07:05 GMT), the DAX index in Germany rose 0.2%, the CAC …

Gold prices saw a modest uptick in Asian trade on Wednesday after suffering sharp losses in the previous session, as a weaker U.S. dollar helped to provide some relief, despite the easing of geopolitical tensions following the ceasefire between Israel and Iran. Spot gold rose 0.2%, reaching $3,329.93 an ounce, …

Federal Reserve Chair Jerome Powell’s hawkish, measured rhetoric during his June 2025 House testimony sent gold prices tumbling, compounded by easing Middle East tensions. XAU/USD fell 1.52% to $3,315.818, reflecting a weaker US Dollar and fading safe-haven demand. Other assets, including the dollar, silver, Treasuries, and oil, also shifted. This …

European stock markets surged on Tuesday, driven by renewed optimism over a potential ceasefire between Israel and Iran, while investors await U.S. Federal Reserve Chair Jerome Powell’s testimony before Congress. Stock Market PerformanceBy 03:05 ET (07:05 GMT), major European indices saw significant gains. The DAX in Germany rose by 1.9%, …

Gold prices fell by more than 1% on Tuesday as easing geopolitical tensions following U.S. President Donald Trump’s announcement of a ceasefire between Israel and Iran prompted investors to move away from safe-haven assets. Spot Gold fell 1.1% to $3,332.57 an ounce by 02:00 ET (06:00 GMT), marking its lowest …