Commodities

Gold prices are tumbling, with the precious metal dropping to around $3,180 and heading for a weekly loss exceeding 4%, the steepest since November 2024. Having shed over $300 from its April peak of $3,500, gold is grappling with fading safe-haven demand and intensifying technical selling. The decline reflects a …

Crude oil prices are on track for modest weekly gains, despite facing downward pressure from looming supply increases and technical resistance. Brent oil futures rose slightly to $64.77 per barrel, while West Texas Intermediate (WTI) crude futures edged up to $61.83, reflecting a cautious market balancing optimism from a U.S.-China …

Gold prices declined in Asian trading on Friday, poised for their steepest weekly drop in over six months, as signs of easing trade tensions between the United States and China dampened investor appetite for safe-haven assets. Spot gold fell 0.8% to $3,214.90 an ounce, while gold futures for June delivery …

Oil prices dipped by 2% on Thursday, May 15, 2025, at 11:15 PM +04, settling at lower levels as markets reacted to the prospect of a US-Iran nuclear deal that could ease sanctions and flood the global market with additional crude supplies. Brent crude futures closed down $1.56, or 2.36%, …

Gold prices rebounded above the $3,200 mark on Thursday, gaining 1.22% to trade at $3,217 during the North American session, as weaker-than-expected US economic data revived speculation of Federal Reserve rate cuts. The Producer Price Index (PPI) for April unexpectedly dropped by 0.5% month-over-month, missing forecasts of a 0.2% rise, …

Oil prices tumbled sharply on Thursday as traders reacted to fresh signals that a nuclear agreement between the United States and Iran could be imminent—raising the potential for a substantial boost in global crude supply. As of 04:05 ET (08:05 GMT), Brent crude futures fell 3.1% to $64.06 per barrel, …

Gold prices slid to a one-month low in Asian trading on Thursday, continuing a recent losing streak as markets digested the impact of the U.S.-China trade deescalation. A stronger dollar, higher Treasury yields, and anticipation of key U.S. economic data further dampened sentiment toward the yellow metal. As of 01:09 …

Oil prices dipped on Wednesday as fresh government data revealed an unexpected increase in US crude oil inventories, sparking concerns among investors about an oversupply in the market. Brent crude futures declined by 40 cents, or approximately 0.6%, settling at $66.23 per barrel, while US West Texas Intermediate (WTI) crude …

Gold prices dipped below the $3,200 per ounce threshold on Wednesday, May 14, 2025, at 08:28 PM +04, as a pause in Chinese exchange-traded fund (ETF) inflows, combined with optimistic geopolitical developments, triggered a market pullback. The decline follows a period of robust gains, but analysts suggest that sustained demand …

Gold prices declined in Asian trading on Wednesday, pressured by diminishing safe-haven demand after the U.S. and China agreed to a temporary tariff truce and U.S. inflation data came in softer than expected. Spot gold fell 0.7% to $3,228.95/oz Gold futures (June) slipped 0.5% to $3,232.24/oz(As of 02:53 ET / …