Gold prices rebounded on Thursday after falling to a six-month low earlier amid heightened U.S.-Iran tensions and Fed rate hike concerns. Spot gold was up 0.6 percent at $4,095.45 an ounce after reaching a six-month low at $4,024 an ounce earlier. However, U.S. gold futures were down half a percent...
Oil prices traded lower on Thursday, giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume. Brent crude futures for August delivery were down 0.8 percent at $92.32 a barrel, reversing gains from earlier in the session after the U.S. military said that it had 'completed' its...
Reversing yesterday's plunge, crude oil prices surged on Wednesday amid concerns about the gulf conflict intensifying further after the U.S. and Iran recommenced attacks. The Strait of Hormuz continues to remain closed, keeping supply disruption concerns alive.
Extending losses from yesterday, gold prices have plunged on Wednesday after a fresh skirmish broke out in the gulf between the U.S. and Iran, diminishing expectations of an early reopening of the Strait of Hormuz and a quicker end to the Middle East war.
Crude oil inventories in the U.S. decreased by much more than expected in the week ended June 5th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories slumped by 7.2 million barrels last week after tumbling by 8.0 million barrels...
Gold prices plummeted below $4,200 an ounce on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation reading for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. Spot gold tumbled nearly 2 percent...
Oil prices reversed earlier gains to trade lower on Wednesday amid concerns about the outlook for global growth and energy demand. As inflation concerns mount, traders await a key U.S. inflation reading that could reinforce the case for a Federal Reserve interest rate hike later this year. The...
Reversing the gains from yesterday's session, crude oil prices have plunged on Tuesday after Israel and Iran halted their exchange of attacks. In addition, U.S. President Donald Trump's reassurance on a U.S.-Iran deal in a couple of days and on the quick reopening of the Strait of Hormuz, reduced ongoing supply disruption concerns.
Gold prices have tumbled on Tuesday despite a fall in crude oil prices due to easing of Middle East tensions as economists expect the U.S. Federal Reserve to keep rates higher in the near-term.
Gold prices held steady on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward. Spot gold was little changed at $4,329.44 an ounce after touching a two-month trough at $4,268.39 on Monday. U.S. gold futures were down 0.3 percent at $4,352.51...
Oil prices were sharply lower on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward. Brent crude futures fell more than 2 percent to $92.33 a barrel, after having hit as high as $98 a barrel in the overnight U.S. trading session. WTI...
Crude oil prices have edged higher on Monday as the delay in reopening of the Strait of Hormuz persists despite assurance by the U.S. President Donald Trump as reports emerge on Iran taking a hardline stance.
Partially paring the losses from Friday's session, gold prices have ended roughly flat on Monday following U.S. President Donald Trump's halting of an Israel-Iran re-escalation and his reassurance on an imminent U.S.-Iran peace deal. However, the ongoing delay in reopening of the Strait of Hormuz weighed on gold price.
Gold prices fell below $4,300 an ounce on Monday as Middle East worries persisted and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year. Spot gold fell 0.9 percent to $4,290.78 an ounce, holding a decline after tumbling nearly 5 percent last week to its lowest...
Oil prices jumped more than 4 percent on Monday, rebounding from a two-session decline after Iran and Israel exchanged missile strikes, derailing U.S. President Donald Trump's efforts to secure a peace deal. Brent crude futures for August delivery were up 4.4 percent at $97.16 a barrel, while WTI...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.