Gold prices surged on Friday to scale a new record high as concerns of an escalation in the Middle East increase after U.S. President Donald Trump confirmed a "big force" heading towards Iran.
Gold edged lower on Friday after setting a new peak above $4,950 an ounce earlier in the day, driven by geopolitical tensions and lingering uncertainty about U.S. policy. Spot gold dipped half a percent to $4,909.51 an ounce after notching a new record high of $4,967.48 earlier. U.S. gold futures...
Oil edged up on Friday as U.S. President Trump's comments about U.S. naval movements toward Iran reignited concerns over potential conflict escalation and supply disruptions in global markets. Benchmark Brent crude futures rose a little over 1 percent to $64.71 a barrel and were set for a modest weekly...
Reversing the gains from the past two days, crude oil plunged on Thursday after U.S.-proposed peace talks to end the Russia-Ukraine war gathered renewed momentum. In addition, investors assessed today's data on U.S. crude oil inventories.
Scaling a new record high, gold prices soared on Thursday after U.S. investment and financial services company Goldman Sachs raised its end-2026 target to $5,400 an, while U.S. President Donald Trump's easing of his stance on Greenland limited the gains.
Crude oil inventories in the U.S. increased by much more than expected in the week ended January 16th, according to a report released by the Energy Information Administration on Thursday. The EIA said crude oil inventories shot up by 3.6 million barrels last week after jumping by 3.4 million barrels...
Gold prices were subdued on Thursday as the U.S. dollar held on to its overnight gains against major peers amid eased EU-U.S. tensions over Greenland. Spot gold dipped 0.3 percent to $4,817.96 an ounce while U.S. gold futures were down 0.4 percent at $4,819.89. The dollar stabilized following...
Oil prices traded lower on Thursday as the glut narrative regained control despite ongoing geopolitical tensions. Benchmark Brent crude futures dipped 0.6 percent to $64.87 a barrel after the International Energy Agency (IEA) said it expects global oil markets to remain well supplied in 2026. WTI...
Crude oil posted incremental gains on Wednesday as traders assessed U.S. President Donald Trump's speech at the World Economic Forum, where he sought negotiations on the U.S. bid to acquire Greenland. However, Trump said he would not use military force in his pursuit.
Extending the momentum from yesterday, gold prices soared to new highs on Wednesday as U.S. President Donald Trump stood firm on taking control of Greenland, intensifying the U.S.-EU standoff, even though he reassured he would not resort to the use of force.
Gold surged more than 2 percent to touch a new record high above $4,800 an ounce on Wednesday after the U.S. dollar suffered its biggest fall in over a month overnight on fears of offshore selling of U.S. assets - the so-called "Sell America" trade. Danish pension fund AkademikerPension, which held...
Oil prices fell more than 1 percent on Wednesday amid persistent concerns about global oversupply and receding risks from Kazakh production halt. Benchmark Brent crude futures fell 1.5 percent to $63.98 a barrel, while WTI crude futures were down 1.5 percent at $59.48. In its latest monthly report,...
Crude oil surged on Tuesday as traders assessed the renewed tariff threats by U.S. President Donald Trump against European nations over his increasing interest in acquiring Greenland and the consequent slide in the dollar index.
Gold prices catapulted to unprecedented levels on Tuesday as U.S. President Donald Trump's continued push to take over Greenland drove safe-haven demand.
Gold prices hit a new record high on Tuesday as traders flocked to safe-haven assets amid rising geopolitical and tariff tensions. Spot gold rallied 1.2 percent to $4,734.18 an ounce while U.S. gold futures were up 3.2 percent at $4.741.36. The dollar extended losses as U.S. President Donald Trump's...
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.