Gold edged higher on Thursday after Israel and Lebanon agreed to implement a ceasefire and continue negotiations for a broader peace agreement. Spot gold jumped 0.8 percent to $4,468.73 an ounce while U.S. gold futures for August delivery were up 0.7 percent at $4,496.70. After a fourth round...
Oil prices fell sharply on Thursday, snapping a three-day rally as Israel and Lebanon agreed to implement a ceasefire. Brent crude futures for August delivery fell 1.5 percent to $96.30 a barrel while WTI crude futures for July delivery were down 1.2 percent at $94.83. After a fourth round of U.S.-mediated...
Extending two days of gains, crude oil prices have soared on Wednesday as fresh military strikes in the Middle East renew war concerns while U.S. and Iran peace talks are still in limbo, thereby leaving the Strait of Hormuz blocked for oil and energy trade.
Gold prices have slumped on Wednesday, reversing the gains from yesterday's session following reports of fresh military strikes in the Middle East that triggered concerns of renewed escalation. In addition, stronger private jobs data pushed the U.S. dollar value higher and weighed on gold prices.
The Energy Information Administration released a report on Wednesday showing a significant decrease in U.S. crude oil inventories in the week ended May 29th. The report said crude oil inventories tumbled by 8.0 million barrels last week after falling by 3.3 million barrels in the previous week. Economists...
Gold prices traded lower on Wednesday as renewed Middle East tensions continued to push oil prices higher, clouding the outlook for inflation and interest rates. Spot gold fell 0.9 percent to $4,448.70 an ounce, while U.S. gold futures for August delivery were down 1 percent at $4,476.40. Inflation...
Oil prices extended gains for a third consecutive session on Wednesday amid renewed uncertainty over U.S.-Iran negotiations aimed at ending the war and reopening the Strait of Hormuz, a critical waterway for the energy market globally. Brent crude futures for August delivery were up 2.2 percent at...
Crude oil prices have soared on Tuesday, extending the gains from yesterday's session as signing of the U.S.-Iran Memorandum of Understanding to discuss ways to end the gulf crisis gets delayed. In addition, global energy watchdog warned of accelerating crude oil inventory depletion.
Offsetting the losses from yesterday's session marginally, gold prices have edged higher on Tuesday as investors assessed conflicting signals from the U.S. and Iran over a peace deal.
Gold prices rebounded on Tuesday as investors assessed mixed signals over the status of U.S.-Iran peace talks. Spot gold jumped 0.9 percent to $4,524.87 an ounce, driven by a weaker dollar and lower U.S. Treasury yields. U.S. gold futures for August delivery were up 1.1 percent at $4,555.47. The...
Oil prices fell sharply on Tuesday, after having jumped more than 4 percent in the previous session amid ongoing uncertainty over talks between the United States and Iran to end their war and reopen the Strait of Hormuz. Brent crude futures for August delivery were down 1.7 percent at $93.35 a barrel,...
Crude oil prices have skyrocketed on Monday following reports of the U.S. and Iran exchanging attacks while the U.S. is yet to endorse a negotiated settlement to end the war.
Gold prices have slumped on Monday following renewed Middle East tensions after Iran suspends indirect talks with the U.S. despite U.S. President Donald Trump's assurance that Iran is in need of a deal.
Gold prices dipped below $4,500 an ounce on Monday as U.S.-Iran negotiations appear to have stalled, with both sides exchanging messages over the weekend seeking changes to a draft agreement aimed at prolonging a ceasefire and opening the Strait of Hormuz. Spot gold fell 0.9 percent to $4,497.08 an...
Oil prices were sharply higher on Monday, recovering part of last week's losses from a six-week low, amid uncertainty over the outlook for a peace deal to end the war in Iran. Brent crude futures for August delivery jumped 3.3 percent to $94.15 a barrel while WTI crude futures for July delivery were...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.