Gold prices edged lower on Tuesday as weak US housing data did little to ease concerns about persistent inflation and the prospect of further Federal Reserve tightening. Silver moved higher, while elevated oil prices and rising Treasury yields continued to complicate the outlook for precious metals. At the time of writing, spot gold traded near
Oil prices rose above $110 a barrel on Tuesday as renewed attacks in the Middle East outweighed the prospect of easier Russian energy exports, keeping Brent near a five-month high. Brent futures gained 0.5% to $110.10 by 0319 GMT, after reaching $110.70 on Monday, their highest since May 20. US West Texas Intermediate for November
Gold edged higher in Asian trading on Tuesday after reversing an early decline, but the modest recovery left bullion caught between renewed geopolitical risk and the prospect of another US interest-rate increase before year-end. Spot gold rose 0.1% to $4,145.22 an ounce by 0347 GMT, after falling earlier in the session, while December US futures
Oil prices surged on Monday after Al Jazeera reported a fresh US attack on an Iranian naval base, reversing an earlier decline as investors grew concerned about further disruption to Middle Eastern energy supplies. Brent crude futures climbed above $110 a barrel after trading more than 1% lower earlier in the session. West Texas Intermediate
Gold prices edged lower early on Monday, while silver advanced as retreating oil prices and softer Treasury yields offered some relief to precious metals. Spot gold was trading near $4,146 an ounce, down 0.47%, while spot silver stood at $57.12, up 0.23%. Investors entered the week weighing competing signals from the economy and financial markets.
Oil prices edged lower on Monday after US President Donald Trump moved to ease restrictions on Russian oil, raising hopes of additional supply reaching global markets. However, escalating attacks across the Middle East continued to cloud the outlook for energy flows, limiting the relief. Brent crude futures fell 1.21% to $108.52 a barrel, while West
Gold edged towards $4,200 an ounce on Monday as cheaper oil offered a fresh source of support, even with the Federal Reserve still expected to tighten policy again this year. Spot bullion gained 0.3% to $4,175.60 by 0259 GMT, while December US futures rose 0.4% to $4,196.40. The advance followed President Donald Trump’s decision to
Oil prices held steady on Friday as uncertainty over Middle Eastern supplies continued to support the market, with no immediate resolution to the conflict in sight. Brent crude futures traded around $105.8, while West Texas Intermediate (WTI) crude stood at $97.71. Both benchmarks remained on course for weekly gains, with WTI up 6% and Brent
Oil prices edged lower on Friday, but the inability of Brent to retreat decisively from $105 is exposing a problem that additional barrels alone may not solve: moving crude safely and cheaply. Brent fell about 0.7% to $105.21 a barrel, while West Texas Intermediate slipped 0.8% to $97.20. Both remained on course for weekly gains,
Gold moved back towards $4,200 on Friday as falling Treasury yields and a weaker dollar helped bullion absorb another round of surprisingly strong US inflation data. US gold futures rose about 1.7% to $4,177.30 after Federal Reserve Chair Kevin Warsh declined to signal what policymakers will do at their October 27-28 meeting. That matters because