Gold Climbs Past $4,300, Posts Weekly Gain of Over 7% as Hormuz Talks Cut Fed Hike Odds
Gold surged past $4,300 an ounce this week, posting a weekly gain of more than 7% as progress toward reopening…
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 Extends Breakout as Hormuz Tensions Cloud Fed Outlook Ahead of Payrolls
Gold extended a technical breakout on Friday as traders weighed renewed tension in the Strait of Hormuz against the U.S….
Dollar posts best day in two weeks as oil prices climb on Strait of Hormuz tensions
The US dollar posted its best single-day gain in two weeks after reports that Iran was attempting to restrict US…
Bond Positioning Data Points to a Second Wind for Gold and Silver
Large speculative traders have turned heavily long 2-year and 5-year Treasury futures, positioning that has historically coincided with strength in…
Oil slips as Iran, Gulf states weigh Strait of Hormuz reopening deal
Brent and WTI crude both slipped on Friday as traders weighed signs that Iran and Gulf states are nearing a…
