Gold Climbs Back Above $4,000 as the Dollar Slides to a Five-Week Low After US Midterms
Gold has reclaimed the $4,000 mark. The precious metal jumped more than 2% on Wednesday as the US dollar weakened and Treasury yields fell after...
Tag : commodities
Gold and Silver Slide as Fed Rate Hike Bets Build Ahead of US Jobs Report
Gold and silver, assets that investors traditionally buy when the world looks risky, have been sold hard as markets bet the US Federal Reserve will...
Oil Falls Around 3% as Qatar-Mediated Talks Raise Hopes of an End to the Iran War
Oil prices fell by about 3% on Monday as Iranian and Qatari officials held a third consecutive day of talks aimed at ending the US-Israeli...
Oil Slips as Gulf Diplomacy Gathers Pace, but Brent Stays Near Six-Month Highs
Oil prices edged lower on Tuesday as a new round of regional diplomacy raised hopes that the war involving the United States, Israel and Iran...
Fortescue Caught in China Iron Ore Standoff as Sales Lag Shipments and Shares Slide
The world’s fourth-largest iron ore miner is in an unusual position: it is digging and shipping the product, but not all of it is being...
Oil Holds Near $100 a Barrel as Stalled US-Iran Talks Deliver Biggest Monthly Gain Since July
Oil prices are back at around $100 a barrel after their sharpest monthly rise since July, as stalled diplomacy between Washington and Tehran and tightening...
Gold Slides to Seven-Week Low as Treasury Yields Reach Highest Level Since 2007
Gold suffered its steepest one-day retreat in weeks on Monday, sliding to a seven-week low as a jump in US government borrowing costs and growing...
Oil Surges as Trump Rejects Iran’s Hormuz Offer, Lifting Bond Yields
Oil prices climbed sharply on Monday after U.S. President Donald Trump rejected a conditional Iranian offer to reopen the Strait of Hormuz, reviving fears that...