Gold prices have pulled back sharply, dipping from a daily high of 3,779.340 to around 3,732.985 in recent trading, marking a 0.83% decline. This retreat follows Federal Reserve Chair Jerome Powell’s recent emphasis on a cautious approach to rate cuts, which has bolstered the US dollar and tempered investor enthusiasm. …
Read More »Oil Prices Surge Amid Global Supply Concerns
Oil prices soared to a seven-week high, climbing approximately 2% on Wednesday, driven by an unexpected decline in U.S. crude inventories and mounting supply disruptions in key oil-producing regions. Brent crude futures rose $1.64, or 2.4%, settling at $69.27 per barrel, while U.S. West Texas Intermediate (WTI) crude futures gained …
Read More »European Shares Slip as Banks Weigh, Defence Stocks Offer Cushion
European stocks fell in early trading on Wednesday, mirroring overnight weakness on Wall Street, as investors remained cautious over the Federal Reserve’s rate outlook. STOXX 600 and Regional Moves The pan-European STOXX 600 index slid 0.5% to 552.5 points by 07:14 GMT. Most major regional bourses also ticked lower, with …
Read More »Oil Prices Surge as Powell’s Cautious Tone and Global Supply Fears Spark Rally
Crude oil prices surged during the North American trading session on Tuesday, September 23, 2025, driven by Federal Reserve Chairman Jerome Powell’s cautious economic outlook and mounting concerns over global supply disruptions. West Texas Intermediate (WTI) crude rose 0.66% to close at $63.83 per barrel, while Brent crude climbed 1.59% …
Read More »Gold Climbs to Fresh Peaks Amid Fed’s Balanced Rate Strategy and Heightened Global Tensions
Gold prices have pushed further into record territory, achieving a new all-time high of $3,791.255 on Tuesday, fueled by prospects of additional Federal Reserve interest rate cuts and ongoing geopolitical uncertainties that sustain robust safe-haven buying. As of 19:24 GMT+2, gold is trading at $3,783.140, marking a 0.98% gain from …
Read More »Gold Pushes to Fresh Record Highs Amid Fed Uncertainty
Gold prices climbed to new records in Asian trading on Tuesday, supported by safe-haven demand as cautious comments from Federal Reserve officials tempered expectations for aggressive interest rate cuts. Haven Flows Drive Gold Higher Spot gold surged to an all-time high of $3,759.18/oz, while gold futures touched $3,794.82/oz. Risk aversion …
Read More »Oil Prices Slip Amid Geopolitical Tensions and Supply Concerns
Oil prices edged lower in Asian trading on Tuesday as markets weighed heightened geopolitical risks against lingering concerns about global demand. Brent crude futures expiring in November fell 0.3% to $66.36 per barrel, while West Texas Intermediate (WTI) crude futures also dropped 0.3% to $62.10 per barrel as of 21:47 …
Read More »US Session’s Market Drivers: Investors Brace for PMI Data as Dollar Softens
The US dollar kicked off the trading week of September 22, 2025, on a weaker note, pulling back from its recent gains after the Federal Reserve’s latest moves. Investors adopted a cautious stance, eyeing a slew of key economic data and upcoming remarks from Fed officials. With global markets in …
Read More »Records Resumed: Precious Metals Soar to Fresh Heights
Gold and silver prices have reached historic and near-historic highs, driven by a confluence of geopolitical tensions, central bank activity, and anticipation of further interest rate cuts. This powerful rally has seen gold set a new all-time record, while silver has climbed to its best price in 14 years.Gold’s recent …
Read More »Oil Prices Edge Higher as EU Sanctions and Ukrainian Strikes Tighten Supply Outlook
Oil prices advanced on Monday, rebounding after last week’s losses, as traders weighed the impact of fresh European Union sanctions aimed at Russia’s energy revenues alongside heightened geopolitical tensions. As of 04:55 ET (08:55 GMT), Brent crude futures for November delivery rose 0.2% to $66.79 a barrel, while U.S. West …
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