Brent crude settles above $83 as blockade lift hinges on Hormuz deal
Brent crude settled at $83.55 a barrel on Friday, up 1.3%, as traders weighed a possible Iran-Oman deal to reopen…
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 gains as traders await Hormuz deal snagged by transit fee dispute
Brent and WTI both climbed more than 1% on Friday as traders waited on a U.S.-backed deal to reopen the…
Gold hits $4,432 as RSI signals overbought conditions
Gold's parabolic run to $4,432 has left the metal technically overbought, with its five-hour Relative Strength Index spiking to 76.15…
Gold Hits $4,347 as September Fed Hike Odds Fall to 46% After Weak Jobs Report
Gold jumped to $4,347.09 an ounce Friday, up 2.53% on the day and more than 6% for the week, after…
GDXJ Surges 7.4% as Gold Miners Break Out of Months-Long Selloff
Gold-mining stocks broke out of a months-long falling-wedge pattern this week, with the VanEck Junior Gold Miners ETF jumping 7.4%…
