Gold Pulls Back From Resistance as Traders Await CPI
Spot gold has pulled back to the $4,395–$4,402 range after failing to clear resistance near $4,480–$4,500. Traders are digesting recent…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Chinese demand surge and Strait of Hormuz disruption push crude oil toward record highs
Crude oil is climbing as surging Chinese demand meets a tightening physical market. The Strait of Hormuz remains effectively shut…
Oil extends gains as US and Iran strike tankers in the Strait of Hormuz
Oil rose more than $1 a barrel on Monday after the US and Iran exchanged strikes on tankers in the…
Gold Holds Near $4,400 as Strong Payrolls and Hormuz Tensions Lift Fed Hike Bets
Gold held near $4,400 an ounce on Monday as a stronger than expected August jobs report and renewed attacks in…
Brent Oil Rises 0.8% After Reported US Strike on Iranian Tankers
Oil prices gained 0.8% at the open after a reported U.S. attack on Iranian tankers, pushing Brent crude near $96…
