Commodities

As the Federal Reserve gears up for concluding its May 6-7, 2025, policy meeting on Wednesday, markets are bracing for another rate hold at 4.25%-4.50%, with only a 3.2% chance of a cut. President Donald Trump’s aggressive tariff policies, including planned pharmaceutical duties, are casting a long shadow, raising fears …

Gold is roaring back, climbing 2.9% to $3,431.14 per ounce on Tuesday, May 6, 2025, its highest since April 22. Fueled by China’s post-holiday buying spree and jitters over looming US pharmaceutical tariffs, the yellow metal is defying a struggling US Dollar. With the Federal Reserve’s policy decision looming, investors …

Canadian Prime Minister Mark Carney and US President Donald Trump locked horns in a tense White House summit on May 6, 2025, as trade disputes and Trump’s provocative rhetoric took center stage. Carney, rebuffing Trump’s repeated calls to make Canada the “51st US state,” declared his nation “not for sale,” …

Gold prices surged in Asian trading on Tuesday as renewed U.S. tariff threats rekindled safe-haven demand for the yellow metal, while investors remained cautious ahead of the U.S. Federal Reserve’s closely watched policy decision later in the day. As of 02:16 ET (06:16 GMT), spot gold rose 1% to $3,366.95 …

European equity markets traded in a cautious manner on Tuesday, with investors grappling with renewed trade uncertainty, a packed central bank calendar, and ongoing corporate earnings releases. As of 03:15 ET (07:15 GMT), Germany’s DAX slipped 0.1%, while France’s CAC 40 was flat. The U.K.’s FTSE 100 gained 0.4%, rebounding …

Gold prices extended strong gains in Asian trading on Tuesday, as a renewed wave of U.S. tariff announcements underpinned safe-haven demand for the metal, while investors remained on edge ahead of the Federal Reserve’s policy decision later in the day. Spot gold rose 1% to $3,366.95 per ounce by 02:16 …

Oil prices rose on Tuesday, recovering slightly from sharp losses in the previous session as traders took advantage of lower prices and returning Chinese markets supported buying sentiment. Brent crude rose $0.92 to $61.15 a barrel by 03:09 GMT. WTI crude gained $0.89 to $58.02 a barrel. Key Drivers: Monday’s …

The US is gearing up for a flurry of trade deals, with Commerce Secretary Howard Lutnick signaling imminent agreements on May 5, 2025, though details remain elusive. President Donald Trump’s administration is pressing for open markets worldwide, but complex negotiations, particularly with Canada, are clouding the outlook. As markets grapple …

MGold is blazing a trail above $3,320, surging over 2.47% as the US Dollar crumbles and markets brace for the Federal Reserve’s May 6-7, 2025, meeting. Despite upbeat US economic data signaling resilience, rising Treasury yields, and tariff-driven inflation fears, gold’s bullish momentum is unstoppable. With the Fed expected to …

European shares traded largely flat on Monday, with investors focused on upcoming U.S.-China trade talks, key corporate earnings, and the U.S. Federal Reserve’s policy decision later this week. STOXX 600 index: Up 0.1% as of 08:29 GMT, breaking above its April 2 level for the first time since U.S. President …