Tag Archives: Middle East tensions

Despite higher bond yields, the Gold price gained to around $1,980 this week – its highest level in three months. Economists at Commerzbank analyze the yellow metal’s outlook.The Gold Index (XAU/USD) upside potential is likely exhausted, but gold price could probably chalk up some additional gains if the Middle East …

Gold initially jumped and reached $1,963, its highest level in two months, despite the moves in the bond market. The yellow metal later pulled back and settled around $1,950.The positive market sentiment that followed bright economic data from China was offset by rising tensions in the Middle East, higher yields …

Despite an earlier increase amid worries about an Israel-Hamas conflict, WTI crude falls to $82.86 per barrel as at the time of writing; down -1.93%. Price increases are tempered by Saudi Arabia’s commitment to market stability and potential intervention.Data on global inflation as well as US inflation and Russian output …

Tuesday’s closing for gold is comfortably higher than Friday’s close, and even more gains may be in store for the precious metal so long as geopolitical risks are high and the dollar continues to see additional selling pressure. Risk-on mood has had an impact on gold prices, but the gap …

Fears and concerns that the unrest in the Middle East could spread to the larger Gulf region, which produces oil and endanger world output, have driven up oil prices before retreating on Tuesday. The price of the worldwide standard for crude oil, Brent, increased by about 5% on Monday during …

Gold and global bonds have seen a surge in value, while airline stocks have fallen. Investors are concerned that the Israel-Palestine war could escalate into a broader Middle Eastern conflict. Oil prices and defense stocks have climbed, with WTI crude oil at $86.38, up $3.59. US defense stocks, including Northrop …

The EUR/USD pair began Monday with a dip to 1.0519 before easing back. The Euro remains down against the US Dollar for Monday, but losses are paring back. Market sentiment is rebalancing after geopolitical escalations in the Gaza Strip. The Euro is testing upwards into 1.0570 after slipping down into …

The CBOE volatility index (.VIX), Wall Street’s “fear gauge”, also rose to 18.54, reflecting investor anxiety. Amazon and Nvidia lead declines in Big Tech and several US airlines suspend Israel flights. Tesla falls on lower deliveries of China-made electric vehicles. Wall Street’s main indexes fell on Monday as a deepening …

Following a significant spike in T-bond yields, the market has momentarily stabilized, but Americans continue to borrow heavily despite Fed Chair Jerome Powell’s 18-month efforts to alter their borrowing and spending habit.Middle East tensions could boost gold, US dollarTensions in Palestine are causing investors to seek safe-haven assets and monitor …