Commodities

Gold dropped sharply on Wednesday, falling below $4,900 as rising US inflation and higher oil prices strengthened the dollar. At the time of writing, XAU/USD traded at $4,898, down $107 or 2.14% on the day. Over the past week, gold has declined 3.64%, and its monthly loss stands at 2.36%, …

Global financial markets are navigating a rare and unsettling combination of pressures — a widening Middle East conflict, stubborn inflation, and a Federal Reserve that finds itself with very little room to move.The Fed is widely expected to hold interest rates steady for the second consecutive meeting, keeping its policy …

In a move aimed at lowering energy costs and improving supply flows, the United States has issued a 60-day waiver of the Jones Act, allowing foreign vessels to transport goods between domestic ports.Easing Shipping RestrictionsThe Jones Act, a long-standing maritime law, requires that goods moved between U.S. ports be carried …

The U.S. dollar ticked slightly higher on Wednesday, supported by stabilizing oil prices and cautious positioning ahead of a packed schedule of central bank meetings. The greenback was largely steady against both the British pound and Japanese yen, with the latter pulling back from levels that had raised concerns about …

Oil prices declined in Asian trading on Wednesday, retreating from recent highs after Iraq and Kurdish authorities reached an agreement to resume exports through Turkey’s Ceyhan port, offering some relief to strained global supplies. Despite the pullback, Brent crude remained above the key $100 per barrel level, as the ongoing …

Gold prices fell below key levels in Asian trading on Wednesday, as investors turned cautious ahead of a closely watched Federal Reserve decision and rising concerns over inflation. After briefly reclaiming the $5,000 per ounce level, bullion reversed course as ongoing tensions in the U.S.-Israel conflict with Iran heightened uncertainty …

Global financial markets are entering a tense waiting period as the Federal Reserve begins its two-day policy meeting, an event closely watched by investors around the world. The gathering comes at a moment of growing uncertainty in the economic outlook, with policymakers facing mounting pressure to strike a delicate balance …

Gold prices hovered near the psychological $5,000 per ounce mark on Tuesday, struggling to extend their rally even as the US dollar weakened and government bond yields eased. The precious metal traded slightly below that key level, reflecting a cautious mood among investors who have begun locking in profits after …

The US dollar lost momentum for a second consecutive day as investors grew increasingly cautious ahead of a crucial interest rate decision from the Federal Reserve. Heightened geopolitical tensions in the Middle East have also weighed on market sentiment, prompting traders to reduce exposure to the US currency while waiting …

Gold prices climbed in Asian trading on Tuesday, moving back above key levels as easing oil prices provided some relief, while investors kept a close eye on the ongoing U.S.–Israel war with Iran and a packed week of central bank meetings. By 01:26 ET (05:26 GMT), spot gold rose 0.6% …