After the previous session's tailspin, crude oil has catapulted on Monday after the U.S. seizure of an Iranian cargo ship threatened the ongoing ceasefire, with Iran vowing to retaliate, which renewed supply-related concerns.
Shedding the gains from the previous session, gold prices have slumped on Monday after the U.S. seizure of an Iranian-flagged ship across the Strait of Hormuz renewed crude oil supply disruption concerns.
Gold prices traded below $4,800 an ounce on Monday as the dollar strengthened, and bond yields surged amid uncertainty surrounding the second round of diplomatic talks between the United States and Iran. Spot gold fell 0.8 percent to $4,795 an ounce while U.S. gold futures were down 1.4 percent at...
Oil prices jumped more than 5 percent on Monday amid uncertainty surrounding the second round of diplomatic talks between the United States and Iran. Brent crude prices soared over 5 percent toward $96 a barrel while WTI crude futures WTI crude futures surged 6.3 percent to $87.80. The dollar...
Snapping two days of gains, crude oil went into a tailspin on Friday after Iran reopened the Strait of Hormuz, a critical sea-route through which 20% of the world's oil transit takes place, thereby easing supply-related concerns.
Gold prices have surged on Friday after Iran reopened the Strait of Hormuz fully until April 22. This development eased oil prices, and with inflationary pressure reducing, the U.S. dollar weakened, pushing yellow metal prices higher.
Gold held steady on Friday but eyed its fourth weekly gain as oil prices softened on growing optimism over a potential deal to end the Iran war. Spot gold edged up by 0.1 percent to $4,795.14 an ounce and was up more than 1 percent so far this week. U.S. gold futures were up 0.2 percent at $4,818.89...
Oil prices traded sharply lower on Friday ahead of potential weekend negotiations between the United States and Iran. U.S. President Donald Trump has indicated that a second round of talks could take place this weekend, warning that fighting may resume if no deal is finalized. Brent crude prices fell...
Extending the gains from yesterday, crude oil has surged on Thursday as concerns of supply disruptions continue despite upcoming peace talks between the U.S. and Iran to end the month-long gulf war.
Extending the losses from yesterday's session, gold prices edged marginally lower on Thursday as market participants await the upcoming second round of peace talks between the U.S. and Iran amid the release of new jobs data.
Prices of the yellow metal increased on Thursday amidst anticipation of peace talks that could lead to an end to the U.S.-Iran war.
Crude oil prices recorded moderate gains in the past 24 hours even as markets assessed the growing optimism surrounding a peace deal between the U.S. and Iran.
Crude oil has edged higher on Wednesday as traders weighed the prospects of success in the upcoming second round of U.S-Iran talks against the ongoing U.S. blockade on all Iranian ports across the Strait of Hormuz, which is keeping the supply concerns alive.
Partly offsetting yesterday's gains, gold prices have edged lower on Wednesday as investors react with cautious optimism to an upcoming second round of U.S.-Iran talks since the U.S.-ordered blockade on Iranian ports holds.
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. unexpectedly decreased in the week ended April 10th. The report said crude oil inventories edged down by 0.9 million barrels last week after climbing by 3.1 million barrels in the previous...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.