Commodities

Gold steadies just below peakGold prices held close to record highs in Asian trading on Wednesday, as firm expectations of a Federal Reserve interest rate cut next week buoyed demand for the precious metal. At 02:17 ET (06:17 GMT), spot gold rose 0.5% to $3,646.14/oz, after touching an all-time peak …

Markets Await Inflation Data for Rate Cut CluesThe U.S. dollar traded largely steady on Wednesday as investors awaited a string of inflation reports that could determine the size of the Federal Reserve’s expected interest rate cut at its September 16–17 meeting. Following last week’s weak nonfarm payrolls report, markets are …

Oil prices barely budged after a recent, high-stakes military action in Qatar, and that’s a signal worth paying attention to. Despite an Israeli strike on Hamas leadership on Qatari soil—a move that could have easily ignited a wider regional conflict. Following the Israeli strike in Qatar, oil prices did indeed …

The global currency market is a stage for a high-stakes drama, with the U.S. Dollar (USD) at its center. After a period of weakness, the Greenback is attempting to reclaim its footing, fueled by a rebound in Treasury yields. This move comes even as the U.S. labor market shows clear …

Silver’s recent surge has placed its appeal in the spotlight, with the precious metal climbing to a 14-year high. This powerful rally was largely driven by the expectation that the Federal Reserve is on the verge of cutting interest rates. However, a recent rebound in the U.S. Dollar and Treasury …

Gold has once again captured the market’s attention, soaring to a new record high of $3,674 per ounce. This impressive surge is not a fluke; it’s a direct consequence of a shifting economic landscape. However, as the U.S. Dollar stages a modest comeback, a critical question emerges: can gold maintain …

Gold steady after sharp rallyGold prices extended gains on Tuesday, trading close to all-time highs as expectations of a U.S. Federal Reserve rate cut and renewed safe-haven demand continued to support the market. At 05:05 ET (09:05 GMT), spot gold rose 0.3% to $3,648.40 an ounce, while December gold futures …

Markets Hold Ground Amid French Leadership Shake-UpEuropean equities were largely steady on Tuesday, with investor sentiment balancing optimism from a series of major merger deals against fresh political turbulence in France. The pan-European STOXX 600 index edged up 0.1% to 552.69 points by 07:07 GMT, supported by a 1.3% rise …

OPEC+ Supply Increase Below ExpectationsOil prices climbed on Tuesday after OPEC+ announced a much smaller-than-expected production increase, easing fears of a sudden supply glut. By 06:45 GMT, Brent crude futures rose 51 cents (0.77%) to $66.53 per barrel, while U.S. West Texas Intermediate (WTI) gained 50 cents (0.8%) to $62.76 …

The US dollar continues its recent downward trend, a movement influenced by ongoing analysis of the latest employment figures and growing speculation about potential interest rate cuts by the Federal Reserve. This has left the currency under close watch by market participants. The US Dollar Index (DXY) recently slipped to …