Commodities

Gold continues to dazzle investors, climbing to $4,147.65 per ounce with a daily gain of $37.31, or 0.91%, as of Tuesday evening. The precious metal has been on a tear, defying gravity with a year-to-date rally of nearly 58% and a staggering five-year performance of over 119%. This latest upswing …

Global crude oil benchmarks have plunged to their lowest levels in five months, with Brent crude trading at approximately $62.34 per barrel, down 1.67%, and WTI crude at $58.69, down 1.44%. The downturn reflects a volatile market shaken by escalating trade tensions, cautious supply management, and growing fears of a …

The International Monetary Fund (IMF) raised its global growth forecast for 2025 to 3.2%, up from 3.0% in July, while keeping its 2026 projection steady at 3.1%, according to its World Economic Outlook report released Tuesday. Moderate Optimism Despite Trade Risks The IMF’s upward revision reflects more resilient financial conditions …

European equities turned lower on Tuesday, with markets struggling to shake off renewed fears of a U.S.-China trade war and ongoing political turbulence in France. The decline came despite a brief rebound in the prior session, as traders reassessed global risk appetite. Broad-Based Losses Across Europe By 08:15 GMT, the …

Gold prices steadied in Asian trade on Tuesday after a dramatic surge to a new all-time high above $4,100 per ounce, as renewed friction between the United States and China triggered a sharp flight to safety. Silver also rallied to record levels before retreating amid profit-taking. Gold Holds Firm After …

Sharm El Sheikh Summit held on October 13, 2025, co-chaired by U.S. President Donald Trump and Egyptian President Abdel Fattah el-Sisi, marks a significant moment in Middle Eastern diplomacy. Convening over 20 world leaders, the summit aimed to solidify a ceasefire in Gaza and promote regional stability. While the political …

Global financial markets kicked off the week in a state of unease following a dramatic announcement by U.S. President Donald Trump late Friday: a sweeping 100% tariff on all Chinese imports to the United States, set to take effect November 1, 2025—or sooner, depending on Beijing’s next moves.Investor sentiment remains …

OPEC kept its forecasts for global oil demand growth unchanged for both 2025 and 2026, according to its monthly oil market report released Monday, while signaling that the global supply-demand balance could tighten less than previously expected next year as OPEC+ production continues to rise. The organization said the world …

Gold prices surged to fresh record highs in Asian trading on Monday, approaching the $4,100 per ounce mark as renewed U.S.-China trade tensions rattled markets and spurred strong demand for safe-haven assets. Spot gold jumped 1.3% to $4,070.29/oz by 05:53 GMT, after touching an all-time high of $4,078.05 earlier in …

Oil prices recovered sharply in Asian trading on Monday, rebounding nearly 2% after steep losses in the prior session, as U.S. President Donald Trump attempted to reassure investors and ease tensions following his tariff threats against China. By 01:58 GMT, Brent crude futures (December) were up 1.7% to $63.78 per …