Commodities

The past trading week shaped up to be one of the busiest on the 2026 economic calendar, with multiple narrative threads intertwining at once. Key price drivers included Nvidia’s record-breaking earnings results, the release of the minutes from the final Federal Reserve meeting chaired by Jerome Powell, sharp volatility in …

Diplomatic uncertainty and demand concerns drag both benchmarks lower on Friday. Oil prices fell sharply on Friday, with Brent crude sliding to $103.37 and WTI retreating to $96.34, as a combination of geopolitical disappointment and underlying demand anxiety pushed both benchmarks deeper into the red.Iran Pulls the RugThe primary driver …

Financial markets may be far too optimistic about what Kevin Warsh’s arrival at the Federal Reserve could mean for interest rates and liquidity conditions in the months ahead. While investors initially welcomed the leadership change as a possible path toward easier monetary policy, Warsh’s early signals suggest the reality may …

Gold prices moved lower on Friday as the US dollar strengthened following renewed warnings from Federal Reserve officials that interest rate hikes could still remain on the table if inflation pressures continue to rise.The decline in gold came as investors reassessed expectations for US monetary policy, with growing concerns that …

Key Takeaways Futures nudge up: Dow futures rose 96 points (+0.2%), S&P 500 futures inched up 0.1%, and Nasdaq 100 futures were mostly unchanged. Iran narrative “hopeful but uncertain”: Vital Knowledge says the White House is “extremely eager to avoid escalation” but “large differences still need to be ironed out.” …

Key Takeaways Gold extends losses: Spot gold fell 0.3% to $4,532.11 per ounce, while gold futures dropped 0.6% to $4,532.05. Dramatic fall from peak: Bullion has dropped sharply from around $5,400 per ounce before the conflict began in late February. Oil rebounds: Brent crude advanced again, well above pre-war levels, …

Key Takeaways Friday rebound: Brent crude jumped 1.5% to $104.12 per barrel, while WTI rose 1% to $93.84. Brutal weekly loss: Both contracts fell 4-7% this week on Iran peace deal optimism. Draft deal reported: Reports on Thursday said the U.S. and Iran had reached a final draft peace agreement …

Key Takeaways Khamenei’s red line: Iran’s Supreme Leader issued a directive barring the country’s near-weapons-grade uranium from being shipped abroad, per Reuters. Trump’s counter-demand: The president reiterated the U.S. will seize Iran’s uranium holdings as a core condition of any deal. Nuclear weapons red line: Trump insists Iran cannot be …

Key Takeaways Friday rebound: Brent crude jumped 1.5% to $104.12 per barrel, while WTI rose 1% to $93.84. Brutal weekly loss: Both contracts fell 4-7% this week on Iran peace deal optimism. Draft deal reported: Reports on Thursday said the U.S. and Iran had reached a final draft peace agreement …

Silver prices continued to stabilize near the mid-$76 range as investors balanced geopolitical uncertainty with shifting expectations around global markets. The precious metal managed to post modest gains despite cautious trading conditions, supported by ongoing concerns surrounding negotiations between Washington and Tehran and the broader uncertainty hanging over financial markets. …