Home / Market Update / Commodities (page 4)

Commodities

Gold Climbs 1.1% as Iran Talks Progress Eases Energy Inflation Fears: Dollar Near 13-Month High Caps the Rally

Key Takeaways Gold bounces: Spot gold rose 1.1% to $4,205.05 per ounce, while gold futures climbed 1.2% to $4,223.42 — snapping three straight sessions of losses. Coming off a tough week: Bullion slipped 1.4% last week following the Fed’s hawkish signals. Iran progress supports: FM Araghchi’s “major progress” claim from …

Read More »

Oil Retreats as Iran Claims “Major Progress” in Switzerland: Trump’s Military Threats and Hormuz Closure Fears Keep Markets on Edge

Key Takeaways Oil turns lower: Brent fell 2.1% to $78.92 per barrel, while WTI edged down 0.4% to $76.30 — erasing early gains. After last week’s 10% crash: Both contracts had already declined nearly 10% last week on peace deal optimism. Iran FM claims “major progress”: Araghchi said quadrilateral talks …

Read More »

U.S.-Iran Nuclear Talks Collapse as Vance Pulls Out of Geneva Summit

Iran Flags “Major Progress” in Switzerland Talks: Trump Threatens “You Won’t Even Make It Back to Your Country” as Hormuz Reopens Again Key Takeaways “Major progress” declared: Iranian FM Araghchi cited Pakistan and Qatar’s tireless mediation in delivering significant advances toward ending the Lebanon war. Key concessions confirmed: Oil and …

Read More »

Weekly Summary: Middle East Peace and Fed Dominates Market

It was a week full of significant events that influenced the movement of asset prices in global financial markets, including political developments such as the US-Iran peace agreement, alongside other factors related to monetary policy and additional market drivers, which we review in this weekly summary. Peace in the Middle …

Read More »

Oil Bounces But Heads for 8% Weekly Crash as Geneva Talks Suspended: Israeli Strikes Cast Shadow Over Fragile Deal

Key Takeaways Brutal weekly loss: Both benchmarks set for nearly 8% weekly declines, trading near their lowest levels since early March. Geneva talks suspended: VP Vance reportedly halted planned Geneva talks on the U.S.-Iran peace process, raising durability questions. Switzerland confirms delay: Officials said the final accord talks would not …

Read More »