Extending the gains from yesterday, crude oil has soared on Tuesday to reach triple digits earlier amid the ongoing U.S.-Iran stalemate. However, crude oil gave back ground later following reports of Iran readying a revised peace plan but managed to remain sharply higher.
Extending the losses from yesterday's session, gold prices have tumbled on Tuesday after the U.S. administration's reluctance to accept Iran's peace plan diminished the expectations of a solution to the gulf crisis. While Iran is working on revising its proposal, the Strait of Hormuz continues to remain blocked.
Gold prices fell sharply toward $4,600 an ounce on Tuesday, hitting a three-week low as elevated oil prices fueled concerns about inflation and the outlook for interest rates. Spot gold tumbled 1.5 percent to $4,612.48 an ounce while U.S. gold futures were down 1.5 percent at $4,625.86. The dollar...
Ol prices pushed higher on Tuesday as U.S.-Iran peace talks stalled and the Strait of Hormuz remained effectively closed, threatening energy supply. Brent prices rose nearly 3 percent to consolidate above $111 a barrel amid stalled efforts to end the U.S.-Iran war. WTI crude futures were up 3.2 percent...
Rebounding from the losses made in the previous session, crude oil prices have soared on Monday after the proposed U.S.-Iran negotiations were called off by the U.S. while supply disruption concerns continue.
Gold prices have tumbled on Monday as the U.S. and Iran vacillate from their respective stances on peace talks while the Strait of Hormuz remains effectively shut, thereby amplifying supply disruption and inflation-related concerns.
Gold prices were little changed on Monday while the U.S. dollar index wobbled amid stalled U.S.-Iran peace talks and ahead of a slew of central bank meetings this week, with Jerome Powell holding his last press conference as Federal Reserve Chair on Wednesday. Spot gold slipped 0.1 percent to $4,703.92...
Oil prices climbed on Monday, extending last week's rally amid little progress in peace talks between the U.S. and Iran. Brent crude futures traded 2.4 percent higher at $107.88 a barrel as the conflict entered its ninth week. WTI crude futures were up more than 2 percent at $96.33. The Strait...
After four consecutive sessions of gains, crude oil slumped on Friday as the prospects of a peace deal between U.S. and Iran gather steam, lowering Middle East tensions.
Regaining ground following yesterday's losses, gold prices have edged higher on Friday as expectations of an agreement between the U.S. and Iran rose amid reports of an upcoming meeting between the two nations.
Gold prices traded lower on Friday as U.S.-Iran peace talks showed little progress and the Strait of Hormuz remained effectively closed, sending oil prices soaring to $107 a barrel. Spot gold slipped 0.2 percent to $4,685.70 an ounce and was down about 3 percent for the week. U.S. gold futures were...
Oil prices climbed further on Friday amid signs that the U.S. and Iran have made little progress toward de-escalating the Middle East conflict. The Strait of Hormuz remained effectively closed, raising concerns that tensions may persist for longer than expected. Brent crude futures rose nearly...
Crude oil has surged on Thursday as traffic via the Strait of Hormuz remains closed, keeping oil supply concerns elevated while investors await Iran's next move on the extension of the ceasefire by the U.S. in the gulf war and calls for peace talks.
Gold prices have edged lower on Thursday as the planned second round of U.S.-Iran negotiations has been delayed indefinitely with both sides hardening their stance, leaving the Strait of Hormuz blocked with no resumption of oil transit, thereby stoking inflationary concerns again.
Gold fell below $4,700 an ounce on Thursday as the dollar held firm and oil prices jumped toward $104 a barrel amid stalled U.S.-Iran peace talks and tensions over the Strait of Hormuz. Spot gold fell 0.9 percent to $4,699.88 an ounce as the dollar held firm after two days of gains. U.S. gold futures...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.