194 articles
The gold price extended its sharp downward trend, falling to its lowest level since July last year as inflation concerns intensified. The precious metal dropped to $3,995, about 29% below…
Crude oil prices continued their bull run, reaching its highest level since May as concerns about the escalation between the US and Iran grew. It jumped to $117, continuing a…
Baker Hughes reports that the US oil rig count rose by 1 to 460 in the week ending October 23. Gas rigs fell by 1 to 132, offsetting the increase…
Brent crude climbed above $116 a barrel on Friday, reaching its highest level since March, as investors assessed the prospect of a drawn-out confrontation between the United States and Iran…
Trump is speaking on Iran and much of it is the same things he's been saying for months but the market is sniffing out some kind of weekend escalation so…
Copper fell 2.68% on October 22, breaking an April support trendline that had held through five tests. The drop came two days after BloombergNEF warned of a copper supply deficit…
Brent prices are above $116 and more than 2.5% on the day as the market sniffs out a weekend attack on Iran. The war hasn't gone to Trump's plan and…
Spot gold prices were little changed in early US trading Friday, holding near levels reached after Thursday’s steep losses. Spot gold was trading at $4020 an ounce, down 0.1% but…
In yesterday’s educational post , I discussed why gold was falling despite sharply lower Treasury yields. Lower yields would typically provide support for a non-interest-bearing asset like gold. However, the…
Reacting to Gold’s $116 drop on October 22, the popular American economist Peter Schiff estimated that the downturn is likely driven by stock market turmoil but will, eventually, prove bullish…
Brent crude touched $115.84 on Friday, its highest level since May. Houthi attacks on Saudi Arabia and fears of new US strikes on Iran drove the move. Other energy prices…
The bullish momentum in crude oil has been slowly picking up after The New York Times reported that the US and Israeli militaries had developed plans for renewed strikes on…
Gold extended the losses yesterday after breaking below the 4,070 support as widespread risk aversion tightened financial conditions. It looks like gold have been driven mainly by liquidations to cover…
Gold price dropped below $4,000 an ounce on Friday for the first time since July, hitting a low of $3,986.85. Just 3 weeks earlier, a major Wall Street bank had…
Oil prices rose on Friday as escalating tensions in the Middle East heightened concerns about further supply disruptions, offsetting US President Donald Trump’s latest efforts to increase domestic fuel production.…
The $4,000 break matters more as a psychological level than as a reaction to news, and losing it could trigger further selling from momentum-driven and leveraged holders. The most important…
The main effect is on refined products rather than crude. Slower repairs mean Russian refining capacity stays offline for longer, keeping diesel and gasoil exports constrained just as the Northern…
Spot gold fell to under $4,040 an ounce on Thursday, its lowest since August and roughly a quarter below its January peak. The move came as the Nasdaq dropped more…
The memo does little to change the near-term oil balance, which is still driven by the Iran conflict. Brent closed around $113 on Thursday, its highest since early May, after…
Middle East risks keep oil supported Crude oil is moving back toward the $100 level today as Middle East risks give buyers another reason to push prices higher. In Adam’s…
December WTI crude oil is up $2.71 today to $99.84 while brent trades at $112. The market can't seem to shake off the idea of further escalation before any chance…
Marathon Fusion says it turned mercury into “real, stable gold,” beating CERN’s record by a factor of 10. The San Francisco startup announced the result on X on October 21.…
Brent crude prices crossed $112 a barrel for the first time since May on Thursday as escalating tensions in the Middle East heightened fears of further disruptions to global oil…
Current setup Silver prices are under pressure alongside gold this Thursday as fears of persistent US inflation and expectations that US monetary policy will remain restrictive after the 28 October…
