Gold prices were sharply higher on Wednesday, extending gains from the previous session after the steep late January sell-off. Spot gold was up 2.2 percent at $5,055.15 an ounce while U.S. gold futures were up 2.8 percent at $5,073.89. A weaker U.S. dollar boosted demand for bullion as a delay...
Oil prices were little changed on Wednesday after gaining nearly 2 percent in the previous session following reports of growing tensions between the United States and Iran. Losses were capped after the American Petroleum Institute (API) said that U.S. crude oil inventories decreased by 11.08 million...
Rebounding from yesterday's steep losses, crude oil surged on Tuesday as the U.S. dollar index moved lower. In addition, a U.S.-India trade agreement rejuvenated the markets, leading to anticipation of a spur in energy demand.
Rebounding from the historic nosedive seen over the two previous sessions, gold prices skyrocketed on Tuesday after major investment banks reaffirmed their confidence in the yellow metal in their projection reports for 2026.
Gold prices recovered on Tuesday after a steep sell-off triggered by the nomination of Kevin Warsh as chairman of the U.S. Federal Reserve. Spot gold traded up 5.1 percent at $4,897.40 an ounce in Asian trade but analysts warned the turbulence isn't over. U.S. gold futures were up 5.6 percent at...
Extending the losses from previous session, crude oil tumbled on Monday as signs of de-escalation of the U.S.-Iran conflict reduced supply-output concerns in the Middle East, taking off the geopolitical risk premium.
Extending losses from the two previous sessions, gold prices plunged on Monday as the U.S. dollar gained amid diminishing investor expectations of U.S. Federal Reserve interest rate cuts in the coming months.
Oil prices fell sharply on Monday after U.S. President Donald Trump said he was hopeful of agreeing a deal with Iran. Trump's comments came after Iranian supreme leader Ayatollah Ali Khamenei likened the recent protests to a "coup" and warned that any U.S. attack on the Islamic Republic would trigger...
After three days of sharp gains, crude oil slid on Friday as traders opted for profit-taking. In addition, the U.S. dollar index moving higher and the possibility of diplomatic intervention in the U.S.-Iran conflict weighed on prices.
Gold prices were in freefall on Friday as traders locked in profits from recent gains. In addition, the naming of the next candidate for U.S. Federal Reserve Chair and today's producer price data pushed the U.S. dollar higher, weighing on the yellow metal.
Gold plummeted below $5,000 an ounce on Friday but was on track for its strongest ?monthly ?gain since 1999 on safe ?haven demand. Spot gold plunged 7.5 percent to $4,972.61 an ounce on speculation about a potential hawkish Federal Reserve chair appointment. Nevertheless, the previous metal still...
Oil prices traded lower on Friday after the U.S. eased some sanctions on the oil industry in Venezuela. A stronger dollar also prompted traders to book some profits after prices hit their highest levels since September the previous day amid tensions in the Middle East and production outages in Kazakhstan. Benchmark...
After moving sharply higher over the two previous sessions, crude oil showed another substantial move to the upside on Thursday as U.S. President Donald Trump issued an ultimatum to Iran to come to negotiating table or face attacks worse than in June 2025.
After plummeting early in the session, the price of gold showed a substantial recovery over the course of the trading day on Thursday as investors assessed growing Middle East escalation and the efforts by U.S. Congressional leaders to avert a partial government shutdown.
Gold jumped nearly 2 percent to touch a new peak above $5,550 an ounce on Thursday, prompting some experts to raise yellow flags about what comes next. Spot gold traded up 1.9 percent at $5,518.27 an ounce, after having touched a new peak of $5,595.44 earlier. U.S. gold futures were up 3.9 percent...
January 30, 2026 15:51 ET The Federal Reserve policy decision was the main event in the final week of January, which saw a heavy flow of economics news. Several data reflecting the trends in the U.S. economy were also released during the week. The interest rate decision from Canada also was in focus. In Europe, economic sentiment data gained attention. The policy decision from Singapore was the highlight in Asia.