Gold prices remained steady on Thursday, regaining some of the losses seen earlier in the week as the US Dollar weakened. Investors are carefully assessing the economic landscape and the Federal Reserve’s recent actions, weighing the potential for future gains against ongoing uncertainties. At the same time, gold continues to …
Read More »IEA Trims 2026 Oil Surplus View as Demand Outlook Improves, Supply Growth Cools
The International Energy Agency (IEA) has revised its medium-term oil outlook, projecting a slightly tighter market in 2026 than previously anticipated, as stronger demand collides with a softer pace of supply growth. In its latest monthly report, the Paris-based agency lifted its global oil demand forecasts for both 2025 and …
Read More »Oil Prices Edge Higher After U.S. Seizes Sanctioned Venezuelan Tanker; Crude Stocks Decline
Oil prices rose in Asian trading on Thursday after the United States seized a sanctioned oil tanker near Venezuela, raising concerns about potential supply disruptions, while a drop in U.S. crude inventories added further support. As of 21:38 ET (02:38 GMT): Brent (Feb) rose 0.4% to $62.44 per barrel WTI …
Read More »European Stocks Slip as Tech Sector Weakens After Oracle Outlook; Fed Easing Signals Offer Limited Support
European shares traded lower on Thursday, as a selloff in technology stocks—triggered by a downbeat forecast from U.S. cloud firm Oracle—offset investor relief over the Federal Reserve’s policy signals, which were less hawkish than feared. The STOXX 600 slipped 0.3% to 576.78 by 08:09 GMT, with major regional indices in …
Read More »Gold Slips as Traders Digest Dovish-Tilt Fed; Silver Retreats After Fresh Record High
Gold prices declined in Asian trading on Thursday as markets absorbed the Federal Reserve’s latest policy signals, while silver eased after briefly touching a new all-time high earlier in the session. Metal markets were mixed overall. Although the Fed cut interest rates as expected and announced a major liquidity-boosting plan, …
Read More »Oil Prices Hold Steady Amid Supply Concerns and Fed Watch
Crude oil prices showed minor fluctuations Wednesday, with West Texas Intermediate (WTI) trading around $58.28 per barrel, down slightly from the previous close of $58.38. Brent crude meanwhile was near $61.99 per barrel, marking a small dip from its last session.The U.S. Energy Information Administration (EIA) recently reported a decline …
Read More »Gold Holds Steady Near $4,200 Ahead of Fed Decision
Gold prices stabilized around $4,202 on Wednesday, as investors await the Federal Reserve’s upcoming interest rate decision. The precious metal has shown strong performance this year, with year-to-date gains exceeding 60%, reflecting its enduring appeal as a safe-haven asset amid economic uncertainty.Markets are expecting the Fed to implement a modest …
Read More »European Stocks Flat as Markets Brace for Fed Rate Decision
European equities traded without clear direction on Wednesday, as investors remained cautious ahead of the U.S. Federal Reserve’s much-anticipated interest rate decision later in the day. By 03:05 ET (08:05 GMT): Germany’s DAX slipped 0.1% France’s CAC 40 dipped 0.1% U.K.’s FTSE 100 edged 0.1% higher Fed Decision in Focus …
Read More »Gold Steadies as Markets Brace for Fed Rate Cut; Silver Soars to Record High Above $62
Gold prices were steady in Asian trading on Wednesday, holding firm ahead of a widely anticipated interest rate cut from the U.S. Federal Reserve later in the day. Silver, however, dominated the metals complex, surging to a fresh record high on expectations of tightening supplies and rising demand in 2026. …
Read More »BoC Expected to Hold Rates Steady in December After Strong Economic Data
The Bank of Canada is anticipated to keep interest rates unchanged at its December meeting, following a year of aggressive easing and a recent wave of stronger-than-expected economic indicators. After nine consecutive cuts, the benchmark rate now stands at 2.25%, down from 5.00%, marking the lowest point within the neutral …
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