Gold prices surged nearly 2% on Monday, reaching a new all-time high of $3,833 per ounce, as investors flocked to the precious metal amid mounting concerns over a potential U.S. government shutdown. The yellow metal, trading at $3,827 at the time of writing, was buoyed by a weakening U.S. dollar …
Read More »US Session- Market Drivers: US Dollar Dips as Shutdown Fears and Rate Cut Buzz Take Hold
The US Dollar faced a turbulent start to the week, sliding to three-day lows near 97.80 on September 29, 2025, as concerns over a potential US government shutdown and expectations of Federal Reserve rate cuts weighed heavily on the currency. With the US labor market in the spotlight, investors are …
Read More »Why Is Oil Stuck? Supply Overload Anchors Prices
The oil market remains mired in a supply glut that continues to suppress prices. As of Monday, September 29, 2025, West Texas Intermediate (WTI) futures (CL1!) are trading at $63.36 per barrel, reflecting a sharp 3.59% daily decline and a 0.50% drop over the past five days. Iraq’s resumption of …
Read More »Commodity Markets Soar as Rate Cut Speculations Fuel Record Rally
Commodity markets are experiencing a remarkable surge, ignited by the US Federal Reserve’s recent interest rate cuts. This dynamic rally, initially led by precious metals, is now poised to expand into base metals like copper and aluminium in 2026, promising substantial gains for investors.Since the Federal Reserve initiated its first …
Read More »Oil Drops on OPEC+ Output Plans and Kurdish Supply Restart
Oil prices slipped sharply in Asian trade Monday, as signals of fresh supply increases rattled traders already wary of a growing glut. By 21:41 ET (01:41 GMT), Brent crude futures (Nov) were down 0.8% at $69.58 a barrel, while WTI crude (Nov) fell 0.9% to $65.16. Both benchmarks had surged …
Read More »European Stocks Edge Higher as Shutdown Fears Drive Gold to Record Highs
European equity markets opened the week on a cautious positive note Monday, as investors positioned ahead of key U.S. labor data and closely monitored political wrangling in Washington over a potential government shutdown. By 04:00 ET (08:00 GMT), the Stoxx 600 rose 0.3%, while Germany’s DAX and France’s CAC 40 …
Read More »Gold Soars to Fresh Record as Haven Demand Climbs on Shutdown Risks
Gold prices hit all-time highs in Asian trading on Monday, with investors flocking to the safe-haven asset amid mounting concerns over a possible U.S. government shutdown and continued bets on Federal Reserve rate cuts. Spot gold surged to $3,812.00 an ounce, while December futures touched $3,839.05/oz, extending a rally supported …
Read More »Weekly Recap – Powell: Tariffs Create “No Risk-Free Path”
The U.S. economy’s surprising vigor, with Q2 GDP revised to 3.8% and August consumer spending up 0.4%, paints a picture of resilience that defies slowdown fears. Yet, new tariffs—100% on pharmaceuticals, 50% on cabinets—aren’t mere blips; they’re a bold bet that could fuel inflation and unravel supply chains, turning short-term …
Read More »Gold’s Monumental Rally Continues: New Records Set as $4,000 Target Comes into Focus
Gold prices are not just advancing—they are soaring to new heights, hitting $3,778.85 per ounce and solidifying a massive multi-month rally. This surge is powered by intense speculation that the Federal Reserve will continue to cut interest rates, a bet reinforced by the latest inflation data and signals of a …
Read More »Oil Prices Extend Rally on Supply Risks and Inventory Draw
Oil prices held above seven-week highs in Asian trading on Friday, set for a weekly gain of more than 4%, as concerns over Russian supply disruptions and a surprise drawdown in U.S. crude inventories tightened the market balance. Market PerformanceBy 21:08 ET (01:08 GMT), Brent crude futures for November delivery …
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