Commodities

The US Dollar’s sharp decline continued Tuesday, hitting its lowest point since early December as economic concerns mounted ahead of crucial US labor data. Investors are bracing for a busy Wednesday, March 5th:Dollar Weakness: The US Dollar Index (DXY) breached the 106.00 support level, plummeting to a three-month low. This …

US President Donald Trump has reignited trade tensions with Canada by imposing sweeping tariffs, marking a significant escalation in his administration’s trade policies. On March 4, 2025, the United States implemented a 25% tariff on all Canadian goods entering the country, with a slightly reduced rate of 10% applied to …

Gold prices remained largely unchanged in Asian trading on Tuesday, with safe-haven demand providing support amid escalating trade tensions. The market reacted to the implementation of U.S. tariffs on Mexico and Canada, alongside further tariff escalations against China. As of 00:23 ET (05:23 GMT), Spot Gold was steady at $2,892.98 …

Oil prices fell 2% to a 12-week low on Monday, influenced by reports that OPEC+ will proceed with a planned oil output increase in April and concerns that U.S. tariffs could negatively impact global economic growth and oil demand.Brent futures settled at $71.62 a barrel, down $1.19, or 1.6%, while …

Oil prices edged higher on Monday, buoyed by upbeat Chinese manufacturing data, as traders assessed geopolitical developments, including efforts to resolve the Russia-Ukraine conflict and the impact of U.S. tariffs. As of 08:30 ET (13:30 GMT), Brent crude futures for May delivery rose 0.6% to $73.24 per barrel, while West …

Gold prices edged higher in Asian trading on Monday, supported by a weaker U.S. dollar and persistent geopolitical uncertainties. Investors turned to the precious metal as a safe-haven asset amid ongoing trade policy tensions and stalled Russia-Ukraine peace talks. Spot gold increased by 0.3% to $2,865.69 per ounce, while April …

A potent cocktail of trade policy anxieties and growing recession fears sent gold prices reeling this week, with the precious metal shedding over 3% as the US dollar surged. The XAU/USD pair closed Friday at $2,845, a significant drop from its daily peak of $2,885, and a far cry from …

A planned meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy took an unexpected turn on Friday, descending into a heated exchange. President Zelenskyy expressed concerns over the proposed deal, citing vague terms and missing critical details, though he acknowledged it as a potential starting point.President Trump, under …

Gold prices edged lower in Asian trading on Friday as: The U.S. dollar strengthened ahead of key inflation data. Investors awaited the U.S. PCE price index, the Federal Reserve’s preferred inflation gauge, for further rate signals. At 01:44 ET (06:44 GMT): Spot gold fell 0.4% to $2,864.94 per ounce. Gold …

Oil prices fell in Asian trading on Friday, extending their monthly losses as: Concerns over U.S. trade tariffs weighed on global demand. Hopes for a Russia-Ukraine peace deal raised the prospect of lifted sanctions and increased oil supply. At 21:38 ET (02:38 GMT): Brent crude futures dropped 0.4% to $73.30 …