Commodities

West Texas Intermediate crude fell to around $68 per barrel, and Brent crude mirrored this drop after Iran’s strike on a U.S. military base in Qatar. The attack, preceded by Iran’s warning to minimize casualties, fueled expectations of de-escalation. No U.S. casualties were reported at Al Udeid, bolstering this view. …

Gold prices have soared to $3,385 amid escalating tensions in the Middle East, driven by Iran’s missile strikes on U.S. bases and Israel’s intensified bombing of Tehran. This surge reflects heightened geopolitical risks overshadowing economic data, with the U.S. dollar and Treasury yields sliding. The situation demands a closer look …

As global markets navigate a maze of fiscal and geopolitical risks, gold stands out as a reliable safe haven. The potential for escalating conflict in the Middle East, particularly with deeper U.S. involvement, could reshape defense spending and strain fiscal outlooks. This scenario, more than an oil price shock, poses …

Shares of major oil companies surged in premarket trading on Wall Street on Monday following U.S. airstrikes on Iranian nuclear facilities over the weekend, which have reignited fears of supply disruptions and a spike in oil prices. Chevron (NYSE: CVX), Exxon Mobil (NYSE: XOM), ConocoPhillips (NYSE: COP), Hess Corporation (NYSE: …

Germany’s economy is expected to contract more than previously anticipated in 2025, primarily due to the impact of U.S. tariffs on the nation’s export-driven economy, according to a new forecast from the BDI industry association. The BDI revised its 2025 outlook, now projecting a 0.3% contraction, a significant downgrade from …

European stocks took a hit on Monday following the U.S. decision to join Israel in striking Iran’s nuclear facilities, escalating concerns over a broader Middle Eastern conflict. Market Performance: The pan-European STOXX 600 index dropped 0.3%, reaching 535.11 points by 07:12 GMT. Other major regional indexes also traded lower, reflecting …

Oil prices soared on Monday, reaching their highest levels since January, as the U.S. joined Israel in launching attacks on Iran’s nuclear facilities, stoking fears of supply disruptions in the Middle East. Brent crude futures rose by $1.92, or 2.49%, to $78.93 a barrel at 0117 GMT. U.S. West Texas …

Gold prices fell slightly on Monday amid increasing demand for the U.S. dollar, triggered by the U.S. attack on key nuclear facilities in Iran, which marked an escalation in the Middle Eastern conflict. At 01:08 ET (05:08 GMT), spot gold was down 0.2% at $3,360.11 per ounce, and gold futures …

Silver (XAG/USD) has declined for three consecutive days, down over -0.90%, driven by a reduction in safe-haven demand following recent geopolitical developments. US President Donald Trump’s announcement of a two-week period before deciding on potential US intervention in the Iran–Israel conflict has eased the risk premium that previously bolstered precious …

Gold (XAU/USD) hovers around $3,368, reflecting a pullback from its weekly high of $3,452. Despite short-term pressures, the metal’s medium-term outlook remains robust, driven by persistent geopolitical risks and strong central bank demand. This analysis explores the factors shaping gold’s price action, the broader macroeconomic context, and technical levels to …