Gold rallies 1.8% to $4,375.4 as Hormuz tension and weak US hiring curb rate-hike bets
Gold futures rallied 1.8% to $4,375.4 on Friday, extending a four-session advance as renewed tension around the Strait of Hormuz…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil Rises on Gulf Tensions as Trump Cites Progress in Hormuz Talks
Brent and WTI crude both rose as investors weighed the risk of supply disruptions through the Strait of Hormuz. President…
China’s gold reserves climb for 21st straight month as PBoC holdings hit $306.35 billion
China's central bank extended its gold-buying streak to a 21st consecutive month in July, pushing reserves to $306.35 billion. The…
Oil rises as Iran’s Hormuz plan and Saudi-Yemen tensions raise supply risk
Brent crude rose 0.9% to $83.24 a barrel and WTI gained 0.5% to $77.71 on Friday as Iran's proposed rules…
Gold Presses Against $4,369 Resistance as RSI Hits Overbought
Gold trades just under major resistance at $4,369 on its five-hour chart, with the Relative Strength Index at 72.6 signaling…
