Market News - Gold, Oil & Forex
Latest Market News
Forget Critical Metals, Electricity is The Real Bottleneck for AI
The U.S. dollar is cracking-and the market knows it. After years of monetary excess, swelling deficits, and policy uncertainty, the world’s reserve currency is losing its grip as a store of value. Capital is fleeing paper promises and piling into hard assets at a pace not seen in decades. Nowhere is this more visible than in precious metals: Gold has surged to above $4,100 per ounce, silver has ripped past $70, and palladium-once written off-has clawed its way back to $1,350. Add an unstable...
Azerbaijan Moves Into Uzbekistan’s Fast-Growing Mining Sector
Azerbaijan and Uzbekistan are strengthening economic connections, signing a variety of agreements covering mining, banking and tourism. Uzbek Prime Minister Abdulla Aripov and his Azerbaijani counterpart, Ali Asadov, presided over a signing ceremony on June 16 in Tashkent of a cooperation agreement under which the two countries will jointly develop an Uzbek gold deposit as well as other mineral resources. Ural Yusupov, Uzbekistan’s deputy mining minister, previously indicated that Tashkent was...
Gold Steadies After Steep Fall Triggered By Hawkish Fed
(RTTNews) - Gold prices were a tad higher on Thursday as easing geopolitical tensions offset pressure from a stronger dollar and higher Treasury yields.
Gold Prices Little Changed Ahead Of Fed Verdict
(RTTNews) - Gold prices were little changed on Wednesday after four straight days of gains and ahead of the Federal Reserve's rate decision later in the day.
Gold Inches Higher As Oil Extends Slide On Iran Deal
(RTTNews) - Gold traded higher on Tuesday, extending its recovery from a six-month low as falling oil prices helped ease worries about inflation and the outlook for interest rates.
Gold Soars After U.S., Iran Confirm Reaching An Agreement To End Hostilities
(RTTNews) - Extending Friday's surge, gold prices have soared on Monday following a slump in crude oil prices after the U.S. and Iran announced a deal to end the gulf war and reopen the Strait of Hormuz. The official signing is set to take place on Friday in Switzerland.
Gold Hovers Near One-week High As Geopolitical Tensions Ease
(RTTNews) - Gold prices rose sharply to hover near a one-week high on Monday after U.S. President Donald Trump announced a tentative peace deal with Iran, helping ease investor concerns about inflationary pressures and lessening the need for interest-rate hikes.
Gold Extends Recovery On US-Iran Peace Deal Hopes
(RTTNews) - Gold traded higher on Friday, after having rebounded sharply from a six-month low in the previous session.
Gold Edges Slide Amid U.S.-Iran Escalation, Gains In Crude Oil, US Dollar
(RTTNews) - Extending the losses from yesterday's session, gold prices have edged down on Thursday as U.S. prepares to hit Iran hard, raising concerns of an expansive war in the Middle East for an extended period. Due to escalation concerns, the U.S. Dollar Index advanced close t
Gold Rebounds From Six-month Low
(RTTNews) - Gold prices rebounded on Thursday after falling to a six-month low earlier amid heightened U.S.-Iran tensions and Fed rate hike concerns.
Gold Dips Below $4,300 On Rate Hike Concerns
(RTTNews) - Gold prices fell below $4,300 an ounce on Monday as Middle East worries persisted and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year.
Gold Plunges As Investors Parse Robust US Nonfarm Payrolls Data
(RTTNews) - Reversing gains from yesterday's session, gold prices have plummeted on Friday as economists assessed today's strong non-farm payrolls data, which supported the potential for an interest rate hike by the U.S. Federal Reserve.