Commodities

Gold prices slipped to their lowest levels in nearly four weeks during Asian trading on Friday, as the ongoing ceasefire between Israel and Iran weakened demand for the precious metal, traditionally considered a safe-haven asset during times of geopolitical unrest. Spot gold fell 1% to $3,293.79 an ounce, its lowest …

Oil prices edged higher on Friday, but remained on track for their largest weekly decline since March 2023, as market concerns over supply disruptions from the Israel-Iran conflict dissipated. The absence of significant impact on global oil flows led to the evaporation of any risk premium that had previously supported …

Gold prices linger below $3,320, unable to capitalize on a weakened US Dollar and declining Treasury yields. Robust US economic data and looming Federal Reserve leadership changes introduce uncertainty, capping the metal’s upward momentum. This article explores why gold struggles to rally, what factors are at play, and what lies …

A Million Workers Short by 2030The semiconductor industry faces a critical shortage of skilled workers, with projections estimating a global deficit of one million professionals by 2030. In the US, the Semiconductor Industry Association forecasts a shortfall of 67,000 workers, while Europe could lack over 100,000 engineers, and the Asia-Pacific …

European stocks gained ground on Thursday as investors tracked the fragile Israel-Iran ceasefire, the looming U.S. tariff deadline, and the latest comments from Federal Reserve Chair Jerome Powell. By 03:15 ET (07:15 GMT), the DAX index in Germany was up 0.5%, the CAC 40 in France climbed 0.4%, and the …

Gold prices found some support in Asian trade on Thursday, as a weaker dollar helped to stabilize bullion prices. Spot Gold remained largely unchanged at $3,336.65 an ounce, while Gold Futures for August rose 0.1% to $3,347.45/oz by 01:08 ET (05:08 GMT). Earlier in the week, gold saw sharp losses …

Oil prices made modest gains in Asian trade on Thursday, boosted by a larger-than-expected draw in U.S. oil inventories, which sparked some optimism around demand. However, the potential for further increases remained tempered by the sustained ceasefire between Israel and Iran, which has reduced concerns over potential disruptions in Middle …

The US dollar’s recent retreat has stirred global markets, spotlighting tensions in currency pairs, gold prices, and the Canadian dollar’s struggle to hold ground. A ceasefire in the Middle East and cautious remarks from Federal Reserve’s Jerome Powell have shaped this shift, raising questions about what lies ahead for monetary …

U.S. Stock Futures Edge Up Amid Ceasefire and Powell’s Testimony U.S. stock futures traded modestly higher on Wednesday as investors cautiously responded to the fragile ceasefire between Israel and Iran, while also digesting the latest commentary from Federal Reserve Chair Jerome Powell. This shift in sentiment comes after a positive …

Oil prices saw a modest rebound on Wednesday, following sharp declines in the previous two sessions, as traders evaluated the U.S.-brokered ceasefire between Israel and Iran. As of 06:00 ET (10:00 GMT), Brent oil futures for August rose 0.9%, reaching $66.74 per barrel, while West Texas Intermediate (WTI) crude futures …