Home / Market Update / Commodities (page 38)

Commodities

Gold Prices Dip Slightly Amid Strong Dollar and Profit-Taking, Supported by Israel-Iran Conflict

Gold prices experienced a slight pullback in Asian trade on Monday, with a stronger dollar weighing on the yellow metal. Despite the minor drop, gold remained supported by haven demand stemming from the escalating Israel-Iran conflict. Spot gold fell by 0.1% to $3,427.78 per ounce, while August gold futures dropped …

Read More »

Weekly Recap: US Markets Stand Firm Amid Geopolitical Chaos, Economic and Policy Storms

The U.S. dollar strengthens markedly in June 2025, with the Dollar Index rising to 98.14 from 97.62, propelled by a flight to safety following Israel’s June 13 airstrikes on Iran’s nuclear and military facilities, including Natanz and Tehran command centers. President Donald Trump’s renewed tariff threats, targeting major trading partners …

Read More »

Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally

Gold prices surged to $3,386 on June 12, 2025, approaching the $3,400 mark as softer US economic data and escalating Middle East tensions fuel market dynamics. A weakening US dollar, cooling inflation, and persistent labor market softness have intensified expectations for Federal Reserve rate cuts, while geopolitical risks bolster gold’s …

Read More »