Commodities

The escalating trade war between the United States and China shows no signs of abating, as President Donald Trump’s recent hints at a softer stance have failed to sway Beijing’s resolute preparations for a prolonged economic standoff. Despite Trump and Treasury Secretary Scott Bessent adopting a more conciliatory tone, China …

European equity markets edged lower on Thursday as a cautious mood lingered, driven by mixed corporate earnings and uncertainty surrounding U.S. trade policy toward China. The pan-European STOXX 600 index slipped 0.3% by 07:14 GMT, retracing some of Wednesday’s gains, which had been fueled by a more conciliatory tone from …

Gold prices jumped in Asian trading Thursday, rebounding from recent losses as safe-haven appetite strengthened amid renewed tensions between the U.S. and China and a deadly escalation in the Russia-Ukraine conflict. Spot Gold surged 1.3% to $3,331.34/oz Gold Futures (June delivery) climbed 1.4% to $3,341.25/oz by 01:37 ET (05:37 GMT) …

Gold prices plummeted by 2.71% on Wednesday, dropping from a daily high of $3,386 to $3,287.94, shedding $91.43. The decline was driven by a surge in risk-on sentiment, fueled by hopes of de-escalating US-China trade tensions and reassuring comments from President Donald Trump about Federal Reserve Chair Jerome Powell. The …

Oil prices climbed more than 1% on Wednesday, extending gains for a second consecutive session, as geopolitical tensions, tightening supply data, and a shift in tone from U.S. President Donald Trump lifted investor sentiment. Brent crude rose $1.00, or 1.5%, to $68.44 per barrel by 06:40 GMT West Texas Intermediate …

Gold prices edged lower in Asian trading on Wednesday, retreating further from this week’s record highs after U.S. President Donald Trump struck a conciliatory tone on both China trade tariffs and the Federal Reserve, fueling a shift from safe-haven assets to riskier bets. As of 01:22 ET (05:22 GMT): Spot …

European equity markets surged on Wednesday, lifted by robust earnings from German software giant SAP and a more conciliatory tone from U.S. President Donald Trump regarding both Federal Reserve Chair Jerome Powell and ongoing U.S.-China trade tensions. As of 07:03 GMT, the pan-European STOXX 600 index climbed 1.8%, with major …

Gold prices slid $100 from a record high of $3,500, retreating to around $3,400, down 0.63%, as US Treasury Secretary Scott Bessent signaled a de-escalation with China, boosting market optimism and curbing demand for safe-haven assets. Despite the pullback, gold remains up 29% year-to-date, driven by Federal Reserve uncertainty, trade …

The artificial intelligence (AI) chip market, long dominated by Nvidia, is witnessing a seismic shift as competitors and geopolitical pressures reshape the landscape. Nvidia’s stock, a darling of investors due to its pivotal role in powering AI data centers, has faced turbulence following reports of Amazon’s strategic pivot toward custom …

Gold prices soared to fresh record highs on Tuesday, underpinned by growing investor concerns over U.S. Federal Reserve independence and intensifying U.S.-China trade tensions. As of 09:15 ET (13:15 GMT): Spot Gold was up 0.6% at $3,442.48 per ounce Gold Futures (June) surged 0.9% to $3,455.90 per ounce Earlier in …