Gold prices dropped to a two-month low on Thursday as renewed US military action against Iran strengthened the dollar and pushed oil prices higher, raising concerns over inflation and the outlook for interest rates. Spot gold fell 1.1% to $4,406.81 per ounce as of 0236 GMT. The metal touched its lowest level since March 27
Silver prices fell sharply during early European trading hours on Thursday, with XAG/USD dropping to around $72.30, its lowest level since May 6. The decline came as renewed tensions between the United States and Iran boosted demand for the US Dollar and pressured precious metals. The US military conducted new overnight strikes in Iran. The
ExxonMobil (XOM) has surged ahead of the broader market this year, with analysts at The Motley Fool predicting the oil giant will continue to outperform the S&P 500. The forecast, published by The Motley Fool, comes as Exxon shares have already climbed 24% in 2026, compared with a 10% gain for the benchmark index. The
Gold prices fell again today, extending a steep decline that has rattled investors and underscored how inflation fears and US–Iran tensions are reshaping the precious metals market. Gold prices slipped to a two-month low below $4,400 per ounce on Thursday. The contract on COMEX hit $4,396.20 per ounce, its lowest level since the end of
Gold’s forced sovereign liquidations may pave the way for the next great bull run, according to Stephen Innes of SPI Asset Management, who told Kitco News that recent sales were driven by emergency liquidity needs rather than a loss of confidence in bullion. The selloff, triggered by the Strait of Hormuz crisis, rattled investors who
Global oil markets are on edge as Iran signals it may impose fees on ships crossing the Strait of Hormuz, a move analysts warn could reshape maritime trade. Brent crude jumped 2.5% to $98.47 per barrel on Tuesday, while investors remain “afraid to take a position” amid mixed signals from Washington and Tehran, CNBC reported.
Brent crude oil jumped nearly 4% on Tuesday, rebounding from sharp losses in the previous session as uncertainty about a potential peace deal between the US and Iran remained. Gold fell more than 1% on Tuesday as expectations of higher interest rates dominated the market. However, prices were nearly flat at the time of writing
Gold prices were little changed on Wednesday as traders monitored efforts to broker a ceasefire between the US and Iran and awaited fresh signals from Federal Reserve officials on the outlook for interest rates. Spot gold was steady at $4,504.95 an ounce as of 0215 GMT. US gold futures for June delivery were also little
Silver traded near $76.90 an ounce on Wednesday as renewed tensions between the US and Iran revived concerns over a potential energy shock and its implications for inflation. XAG/USD was at $76.90 per troy ounce at 10:30am in Singapore, with traders assessing the latest bout of hostilities in the Middle East and its possible impact
Oil prices pulled back on Wednesday as traders weighed hopes for progress in US-Iran negotiations against renewed military tensions near the Strait of Hormuz. West Texas Intermediate crude traded around $92 a barrel, while Brent crude hovered near $98.16, with investors assessing whether diplomacy could ease supply risks or whether fresh hostilities could keep geopolitical