Commodities

Oil prices fell significantly in Asian trading on Monday, after OPEC+ surprised markets by announcing a bigger-than-expected production hike for June. This development added to ongoing concerns about a supply glut and weakening global demand. Brent crude fell by 3.6% to $59.10 per barrel West Texas Intermediate (WTI) dropped by …

Gold prices edged higher in early Asian trading on Monday, recovering from last week’s losses as the U.S. dollar softened. However, gains were capped by growing optimism around potential U.S.-China trade talks and investor caution ahead of this week’s Federal Reserve policy meeting. Spot Gold rose 0.5% to $3,255.95 per …

North American Markets: Seizing Opportunities in VolatilityNorth American financial markets reflect a tale of resilience and divergence. The US economy shows strength in earnings and jobs but faces tariff-driven stagflation risks. In the Eurozone, GDP grew by 0.3% in Q1 2025, supported by increased consumer spending in Germany and France, …

Gold prices are buckling under pressure, sliding to $3,225 per ounce, before stablizing at the $3,240 mark, despite economic red flags that should have sent investors scrambling for safe havens. A surprise GDP contraction and mixed US jobs data failed to ignite a rally, as traders instead poured into the …

Gold prices rose modestly in Asian trading on Friday, buoyed by a slight pullback in the U.S. dollar ahead of key labor market data, although the metal remained on track for a weekly loss amid signs of easing trade tensions between the U.S. and China. As of 01:53 ET (06:53 …

Oil prices gained ground in Asian trading on Friday as signs of a potential thaw in U.S.-China trade tensions revived some optimism in the energy markets. China’s Commerce Ministry said it was open to engaging in trade discussions with the United States, helping crude rebound from recent losses. At 02:11 …

A massive selloff in China ahead of the May 1, 2025, Labour Day holiday sent gold prices crashing to a two-week low, highlighting the nation’s dominant role in the global market. Spot gold (XAU/USD) dropped to $3,238.29 per ounce as of May 2, 2025, down from recent peaks above $3,500. …

The U.S. Non-Farm Payroll (NFP) report, due May 2, 2025, will gauge the labor market’s strength as Trump’s tariffs—145% on Chinese imports and levies on Canada and Mexico—threaten economic stability. Despite rising jobless claims, the jobs picture may hold steady, boosting the dollar. This article unpacks NFP expectations, grounds the …

Oil prices held steady on Thursday following a steep decline, as investors weighed Saudi Arabia’s willingness to tolerate lower prices, a potential increase in OPEC+ production, and weak U.S. economic data pointing to recession risks. Brent crude futures slipped 6 cents, or 0.1%, to $61.00 a barrel by 07:30 GMT. …

Gold prices slumped further in Asian trading on Thursday, falling for a third consecutive session, as renewed optimism around potential U.S. trade deals sapped safe-haven demand for the precious metal. Spot gold fell 1.5% to $3,240.30/oz, while June futures lost 2.1% to $3,248.64/oz—marking their lowest levels since mid-April. 🔍 Key …