Commodities

Oil prices saw modest gains on Friday, as investors weighed the tightness in the prompt market against a potential surplus in the global oil supply, while U.S. tariff threats and the possibility of further sanctions on Russia added to market uncertainty. Key Price Movements: Brent Crude Futures: Up by 40 …

European shares dropped on Friday, with U.S. President Donald Trump’s heightened tariff threats against the European Union causing market jitters. Investors were left awaiting further details on potential levies for the 27-nation bloc. Key Market Movements: STOXX 600: The pan-European index fell 0.7% to 548.98 points at 08:29 GMT, although …

Gold prices rose in Asian trade on Friday, recovering some recent losses as safe-haven demand was boosted by U.S. President Donald Trump’s threats of more trade tariffs and ongoing geopolitical tensions in the Middle East. Key Market Movements: Gold Prices: Spot gold rose 0.5% to $3,341.27 an ounce, while gold …

Rising Trade Disputes Drive Gold Prices: Gold prices have been climbing steadily since the start of Tuesday’s trading session, fueled by ongoing global trade tensions. Recent actions and statements from U.S. President Donald Trump have intensified market uncertainty, pushing investors toward safe-haven assets like gold. The precious metal rose to …

Oil prices experienced moderate declines on Thursday as traders grappled with the potential impact of U.S. President Donald Trump’s latest tariff threats on the global economy. Oil Price Movement Brent crude futures dropped 23 cents, or 0.3%, to $69.96 a barrel, while U.S. West Texas Intermediate crude lost 32 cents, …

European stocks edged higher on Thursday, showing resilience despite the latest round of trade tariffs announced by U.S. President Donald Trump. Investors appeared to remain cautiously optimistic, even amid the increasing uncertainty surrounding global trade relations. U.S. President Trump Imposes New Tariff Rates On Wednesday, President Trump sent out letters …

Gold prices saw modest gains on Thursday, remaining within a recently established trading range, while U.S. copper futures extended their rally after President Donald Trump’s confirmation of plans to impose tariffs on copper imports. Gold’s Limited Safe Haven Demand Amid Trade Tariff Uncertainty Spot gold rose by 0.3%, reaching $3,323.72 …

On Wednesday, the US Dollar edged slightly higher, continuing its rebound from last week’s multi-year lows. This uptick was driven by ongoing concerns over the White House’s trade policies and President Trump’s threats of additional tariffs.Key Events to Watch on Thursday, July 10:The US Dollar Index (DXY) hovered near multi-day …

US copper prices hit an all-time high of $5.73773 per pound following President Trump’s announcement of a 50% tariff on copper imports, set to begin August 1. The news triggered a 0.65% single-day price jump, with prices reaching $5.54932 per pound.By Wednesday evening, prices stabilized at $5.54932 per pound, up …

West Texas Intermediate (WTI) Crude Oil climbed to $68.65 per barrel on July 9, 2025, gaining 0.47% as escalating Houthi rebel attacks in the Red Sea bolstered prices, overshadowing a significant build in U.S. stockpiles. Geopolitical risks continue to drive a risk premium, countering increased supply from OPEC+ and a …