Oil prices showed little movement on Thursday, holding onto most of the losses from the previous session as uncertainty over U.S. President Donald Trump’s proposed tariffs and energy policies cast a shadow over global economic growth and energy demand. By 1315 GMT, Brent crude futures edged up 18 cents to …
Read More »Gold Prices Gain as Dollar Weakens, Traders Eye Trump’s Policies
Gold prices edged higher in Asian trading on Tuesday, bolstered by a weaker U.S. dollar, as market participants turned their focus to policy uncertainties stemming from U.S. President Donald Trump’s inauguration. Gold Shines as a Safe Haven Amid Policy Uncertainty Spot gold rose 0.3% to $2,727.39 per ounce, while February …
Read More »Gold Steadies Near One-Month High Amid Rate Uncertainty and Trump Policies
Gold prices hovered near a one-month high during Asian trading hours on Friday, driven by investor uncertainty over U.S. interest rate policy and the incoming administration of President Donald Trump. Meanwhile, industrial metals like copper gained ground, buoyed by robust economic data from China. Gold Gains on Dollar Weakness and …
Read More »Oil Prices Rise Amid Supply Concerns and Stronger Demand Outlook
Oil prices extended their gains for a second consecutive session on Thursday, bolstered by concerns over potential supply disruptions due to expanded U.S. sanctions on Russia, a sharper-than-expected drop in U.S. crude inventories, and signs of improving global demand. Price Movements Brent Crude: Increased by 23 cents (0.3%) to $82.26 …
Read More »Gold Prices Hold Steady Ahead of U.S. Inflation Data as Dollar Weakens Slightly
Gold prices remained relatively unchanged in early Wednesday trading, as investors exercised caution ahead of key U.S. Consumer Price Index (CPI) data. A slight decline in the U.S. dollar provided modest support to the precious metal, while concerns over Federal Reserve rate policies kept gold rangebound. Key Highlights Gold Performance: …
Read More »Oil Sees Mixed Signals as US Demand Forecast Meets Russian Sanctions
Oil prices experienced a modest decline on Tuesday after the US Energy Information Administration (EIA) released its forecast for steady US oil demand in 2025 and 2026. This downward trend, however, was partially offset by the recent US sanctions imposed on Russian oil exports to major buyers like India and …
Read More »Bitcoin: A Geopolitical Asset Reshaping the Global Monetary Order
In 2025, bitcoin has transcended its status as a niche investment to become a pivotal geopolitical asset. Governments and central banks worldwide, from the United States to Switzerland, are actively discussing its role in national reserves. This shift signifies bitcoin’s emergence as a formidable challenger to traditional reserve assets like …
Read More »Supply disruption pushes oil prices 3% higher
Oil prices surged on Monday, driven by a combination of factors including a production halt at Norway’s Johan Sverdrup oilfield and escalating tensions in the Russia-Ukraine war.Brent crude futures climbed by 2.9% to $73.10 a barrel, while U.S. West Texas Intermediate crude futures rose by 2.9% to $68.99 a barrel. …
Read More »What is Behind Recent Sharp Declines in Oil Price
On Friday, Brent finished at its lowest level since December 2021, down to $70.6 per barrel—its lowest level since March 2023. WTI dropped to $67.2, a 14-month low. Brent saw a weekly loss of about 10%, which was made worse by the contract rollover at the beginning of the month. …
Read More »Gold prices in red territory ahead of PCE data
Gold CFDs are -0.40% down, trading at $2323.40 and spot gold is -0.45% down, trading at $2323.97 at the time of writing. As traders await additional information and news before taking positions, the gold market is experiencing a muted sentiment. Further hints regarding the direction of US interest rates—which are …
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