Commodities

Oil prices remained relatively unchanged on Tuesday as prospects of stronger supply and sluggish global demand growth balanced concerns over potential disruptions from escalating tensions in the Middle East. Key Price Movements: Brent Crude: December delivery edged up 13 cents (0.18%) to $71.83 a barrel as of 0615 GMT.West Texas …

For the second day in a row, the price of gold declines as month-end flows favor the US dollar despite declining US Treasury yields. However, September is expected to be the strongest month for the golden metal since March 2024, when prices increased by more than 9%. Monthly gains of …

The recent surge in gold prices, culminating in a record high of $2,685 last week, is now encountering headwinds. A combination of factors, including a rally in Chinese equities and a more optimistic outlook for the Chinese property market, has diverted investor attention away from the precious metal despite its …

Oil prices rose on Monday, fueled by escalating worries over potential supply disruptions from Middle East producers after Israel intensified its attacks on Iranian-backed forces in the region. As of 03:30 GMT, Brent crude futures for November delivery climbed by 51 cents, or 0.71%, to $72.49 a barrel. The more …

Last week, risk assets and gold emerged as the clear winners over the dollar in the financial markets race. This was fueled by recent economic data releases from the United States, which reinforced the perception of price stability and strengthened the likelihood of continued interest rate cuts by the Federal …

Oil prices eased on Friday, marking the third consecutive day of declines, as investors monitored expectations of increased output from Libya and the broader OPEC+ group. However, the decline was somewhat limited by fresh stimulus measures from China, the world’s top oil importer. Market Overview As of 04:33 GMT, Brent …

The Greenback navigated quite a bearish session on Thursday, giving away a big chunk of Wednesday’s gains despite higher yields and amidst a persistently firm sentiment in the risk-associated universe. The value of the US Dollar decreased significantly, which was good for riskier investments. The main focus will be on …

Gold prices, having recently reached a new all-time high, are currently facing a period of consolidation as investors await the release of the US Personal Consumption Expenditure (PCE) Price Index. While the market is anticipating a further easing of monetary policy by the Federal Reserve, the upcoming inflation data could …

The Global Oil Landscape ShiftsThe recent announcement from Saudi Arabia to increase oil production has sent ripples through the global energy market. West Texas Intermediate (WTI), the US crude oil benchmark, has been under pressure as a result.While Saudi Arabia’s decision to boost production offers a potential solution to global …

The latest decisions taken by Beijing to revitalize the Chinese economy are having a noteworthy impact on the international market. China’s economy, the second largest worldwide, has a lot of ramifications, particularly for Western businesses who have a lot of exposure to the area. Let’s examine how this stimulus can …