Commodities

Gold prices slipped in Asian trading on Thursday, pulling back from fresh record highs as investors booked profits following a sharp rally, while hawkish signals from Federal Reserve Chair Jerome Powell tempered bullish sentiment across precious metals. Spot gold fell 0.7% to $3,320.56/oz Gold futures (June delivery) dropped 0.4% to …

The U.S. dollar edged higher in Asian trading on Thursday, rebounding from multi-month lows against the yen as U.S.-Japan trade talks steered clear of currency issues, easing fears of official efforts to strengthen the yen. However, the dollar’s broader downtrend remains intact amid ongoing doubts about U.S. economic stability, tariff …

Oil prices rose for a second straight session in Asian trading on Thursday, fueled by renewed geopolitical tensions and supply disruption risks following the U.S. imposition of new sanctions on Iranian oil exports, while investors digested mixed U.S. inventory data. As of 21:35 ET (01:35 GMT): Brent crude (June delivery) …

The U.S. dollar faced renewed pressure on Wednesday, sliding to multi-month lows as persistent trade tensions and cautious remarks from the Federal Reserve chief in Chicago kept investors on edge. The dollar’s decline, mirrored by a drop in U.S. Treasury yields, set the tone for a volatile day in global …

In a significant shift from traditional economic forecasts, the Bank of Canada has outlined two potential scenarios for the nation’s economy, reflecting the uncertainty gripping global markets as of April 16, 2025. The first scenario envisions a deep recession, driven by external pressures, while the second foresees a sharp spike …

Gold prices have shattered records, surging to an unprecedented $3,330 per ounce, driven by a potent mix of economic and geopolitical factors. Investors are flocking to the safe-haven metal as fears of persistent inflation, escalating tensions in key global regions, and uncertainty surrounding monetary policies grip markets. The relentless climb …

The U.S. dollar resumed its sharp decline on Wednesday, falling broadly across major currencies as escalating trade tensions, shaky investor sentiment, and growing fears of a U.S. recession weighed on the greenback. The losses were most pronounced against traditional safe-haven currencies such as the Swiss franc and euro. Greenback Hit …

Oil prices rose 1% on Wednesday, rebounding from early losses as reports suggested a possible thaw in U.S.-China relations, even as persistent concerns over a prolonged trade war and slowing global demand continued to weigh on the broader outlook. As of 09:37 GMT: Brent crude futures were up 64 cents …

Gold prices surged to a record high in Asian trading on Wednesday, powered by strong safe haven demand amid deepening U.S.-China trade tensions and mounting uncertainty over the global tech sector, after Nvidia issued a significant impairment warning tied to U.S. chip export restrictions. Spot gold jumped 1.7% to $3,317.92/oz …

European equity markets retreated on Wednesday, mirroring losses in Asia and on Wall Street, as a sharp escalation in the U.S.-China trade war reignited concerns over global economic growth and pressured risk sentiment. As of 03:05 ET (07:05 GMT): Germany’s DAX fell 0.5% France’s CAC 40 slipped 0.7% U.K.’s FTSE …