Gold slips as markets await US response to Iran’s Strait of Hormuz offer
Gold has slipped back under pressure after Trump said the US would reach a deal with Iran after the November…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold slides below major moving averages as traders eye $4,260 support
Gold trades at $4,312, below its 20, 50, and 200-day moving averages, after breaking the 50% Fibonacci retracement at $4,355….
Saudi Arabia and UAE Urge Trump to Sustain Iran Sanctions Amid Hormuz Tensions
Saudi Arabia and the United Arab Emirates have called on President Trump to keep sanctions and a naval blockade against…
Gold Breaks Below $4,300 as Fed Rate-Hike Odds Climb to 70%
Gold closed around $4,290 on Wednesday after a hot US business-activity report and a firmer dollar pushed traders to raise…
Soaring freight costs could make Japan’s crude imports the world’s most expensive
Freight now makes up roughly a fifth of the cost of a crude cargo, and Japan is absorbing the sharpest…
