Commodities

Oil prices saw little change on Monday as markets closely watched Russia-Ukraine peace negotiations and potential U.S. tariff actions that could impact global trade. Market Overview: Brent crude futures: -0.11% to $74.66 per barrel (1202 GMT) WTI crude futures: -0.07% to $70.69 per barrel Key Market Drivers: 1. Russia-Ukraine Peace …

Oil prices remained largely unchanged on Monday as investors assessed the impact of potential Russia-Ukraine peace talks on global supply flows. Latest Price Movements (as of 07:40 GMT): Brent crude futures ↓ 1 cent to $74.73 per barrel WTI crude futures ↓ 7 cents to $70.67 per barrel Key Market …

Gold prices remained firm on Monday, hovering just below record highs, as uncertainty over U.S. trade policies and interest rates kept safe-haven demand intact. Key Price Movements (as of 00:35 ET / 05:35 GMT): Spot gold ↑ 0.6% to $2,901.21 per ounce Gold futures (April) ↑ 0.3% to $2,910.70 per …

Gold prices experienced renewed volatility, after struggling to hold above $2,900, but eventually the precious metal retreated to $ 2,880.38, down -1.61% at the time of writing. The precious metal is facing pressure as weak U.S. consumer data heightened economic concerns. Retail sales figures released Friday revealed a sharp 0.9% …

January’s US retail sales figures revealed a surprising 0.9% month-over-month decline, the sharpest drop in nearly two years. This figure initially sparked concerns about the economy’s health. However, a closer examination reveals a more nuanced picture, suggesting that the drop may not signal a significant shift in consumer spending. Several …

The Russian central bank kept its benchmark interest rate unchanged at 21% during its board meeting on Friday, maintaining a tight monetary stance despite recent economic optimism fueled by improving U.S.-Russia relations. Key Takeaways from the Decision: The rate remains at 21%, a level set in October 2024 to combat …

Gold prices remained steady during Asian trading hours on Friday, hovering close to record highs despite a shift towards riskier assets after U.S. President Donald Trump postponed plans for reciprocal tariffs. However, steep losses in the U.S. dollar provided support for gold, as the greenback erased most of its recent …

Oil prices remain on an upward trend since the start of Thursday’s trading session, driven by an OPEC report that confirmed the possibility of increased global demand for oil during 2025 and 2026. This is despite other organizations predicting that demand may decline in the coming period.Futures contracts for oil …

The signing of a reciprocal tariff order has injected further uncertainty into global trade. The potential for escalating trade tensions increases investor nervousness, prompting a flight to safe-haven assets. Gold prices have surged, approaching record highs, driven by a confluence of factors including US dollar weakness, trade anxieties, and robust …

Gold prices rose in Asian trade on Thursday, holding close to record levels despite a broader risk-on sentiment in financial markets fueled by renewed hopes for a peace treaty between Russia and Ukraine. The yellow metal’s strength was primarily driven by a weaker U.S. dollar, which declined even after January’s …