Commodities

China’s foreign exchange reserves soared to $3.3174 trillion by June 2025, marking a $32.2 billion (0.98%) increase from May and sustaining a 19-month streak above $3.2 trillion, according to official data from the State Administration of Foreign Exchange (SAFE). The People’s Bank of China (PBC) also bolstered its gold reserves …

As of July 8, 2025, at 19:13 GMT+3, the spot gold price stands at $3,297.175 per ounce, down 1.18% daily, reflecting a short-term correction from a previous close of $3,336.44. Over longer periods, gold has shown significant strength, with a 23.84% increase over six months, 25.60% year-to-date, and 37.98% over …

Oil prices retreated on Tuesday after rising nearly 2% in the previous session, as investors assessed the latest developments surrounding U.S. tariffs and the higher-than-expected increase in OPEC+ output for August. Tariff Concerns Weigh on Market Sentiment By 1043 GMT, Brent crude futures were down 12 cents, or approximately 0.2%, …

European stocks experienced modest gains on Tuesday as investors assessed the latest news on U.S. trade tariffs and awaited further developments on potential trade agreements. At 03:05 ET (07:05 GMT), the DAX index in Germany was up by 0.3%, the CAC 40 in France climbed by 0.1%, and the FTSE …

Gold prices held steady in Asian trade on Tuesday after U.S. President Donald Trump’s latest tariff threats spurred some safe-haven demand. However, a recovery in the dollar limited further gains in metal markets, as traders remained cautious amid trade uncertainty. Trump’s Tariff Threats and Postponement of Deadline Gold prices rose …

On Monday, oil prices defied expectations, climbing despite OPEC+’s surprise production hike, fueled by US-Iran tensions and tariff threats. As supply dynamics shift, this analysis dives into oil’s resilience, its market ripple effects, and the path ahead.Oil Defies OPEC+ Supply SurgeOPEC+’s decision to add 548,000 barrels per day starting August …

Oil prices showed some resilience on Monday, recovering from earlier losses despite concerns surrounding a more-than-expected output increase from OPEC+ and the potential economic impact of U.S. tariffs. OPEC+ Boosts Output, Market Tightness Offers Support Brent crude futures were down by 0.3%, trading at $68.08 per barrel by 0815 GMT, …

European stocks showed a mixed performance on Monday, with investors remaining cautious ahead of the looming July 9 deadline for trade deals set by U.S. President Donald Trump. Markets have been anxiously awaiting progress in U.S. trade talks, with the risk of higher tariffs looming, which has led to a …

Gold prices slipped in Asian trade on Monday, pressured by a steady U.S. dollar and the ongoing uncertainty surrounding U.S. trade policy. U.S. President Donald Trump’s latest tariff threats and stronger-than-expected payrolls data from last week dampened market expectations for a Federal Reserve rate cut in the near term, further …

Three things dictated price action in financial markets last week, including reaching a trade deal between USA and Vietnam, positive US jobs data, and passing “the Big Beautiful Bill”. The recent appreciation of the U.S. dollar was driven by improving investor sentiment toward America’s trade outlook, supported by Friday’s robust …