Oil prices traded in a volatile range on Thursday as markets balanced signs of improving Middle East crude flows against lingering uncertainty surrounding diplomatic efforts to end the conflict with Iran. Brent crude, the global benchmark, remains more than 50% higher for the year despite a sharp pullback in recent sessions. Investor…

Gold prices fell below the key $4,000-an-ounce threshold on Thursday, extending the previous session’s losses as markets continued to absorb stronger inflation data and increasingly hawkish signals from Federal Reserve officials. Spot gold declined 1.0% to $3,946.89 per ounce, while U.S. gold futures slipped 1.2% to $3,952.27 per ounce. The…

Markets widely expect the U.S. Federal Reserve to keep interest rates unchanged today, but the real focus is on the Fed's message, not the decision itself. According to CME Group data, there is over a 95% chance that rates will stay within the current 4.25%–4.50% range. This is no surprise. What truly matters is how the Fed interprets recent…

Gold prices remained subdued in Asian trade on Monday, consolidating recent losses as investors stayed focused on the U.S. dollar ahead of the Federal Reserve’s final meeting of the year. Meanwhile, copper prices came under pressure due to a stronger dollar and mixed economic data from China, which failed to inspire confidence in demand. Gold…

Oil futures retreated from multi-week highs on Monday, weighed down by disappointing consumer spending data from China, the world’s largest oil importer. Brent crude futures declined by 32 cents, or 0.4%, to $74.17 per barrel by 1300 GMT, following Friday's close at their highest level since November 22. Similarly, U.S. West Texas Intermediate…

Oil prices remained relatively stable on Thursday as concerns over weak demand and a larger-than-expected rise in U.S. gasoline and distillate inventories offset gains driven by additional EU sanctions threatening Russian oil supplies. Brent crude futures edged up 31 cents to $73.83 per barrel , while U.S. West Texas Intermediate (WTI) crude…

Gold prices climbed on Tuesday, continuing their rebound from two-month lows, as the dollar retreated from recent highs and escalating Russia-Ukraine tensions boosted safe-haven demand. Spot gold rose 0.8% to $2,633.8 an ounce, while December gold futures gained 0.9% to $2,637.45 an ounce. This followed a nearly 2% surge on Monday, marking a…

Oil prices held steady on Tuesday, as traders balanced the partial restart of production at Norway's key Johan Sverdrup oilfield with heightened geopolitical tensions following Russia's revised nuclear threat policy. Brent crude futures slipped 0.1% to $73.22 per barrel, while West Texas Intermediate (WTI) crude futures dipped 0.1% to $69.08 per…