Gold Prices Advance as Oil Declines on Middle East Negotiation Hopes
Gold Gains Despite Earlier Pullback Spot gold prices were last up 2.56% at $4,588 per ounce on Wednesday. Gold futures for April delivery were last seen over 4% higher at $4,597.7 per ounce. The move came as market participants reacted...
Read more
Oil Prices Rebound Over 2% as Iran Denies Talks With U.S.
Oil Prices Recover After Sharp Selloff By 05:30 ET (09:30 GMT) on Tuesday, Brent Oil Futures for May delivery climbed 2.5% to $102.42 per barrel, while U.S. West Texas Intermediate (WTI) crude futures rose 2.8% to $90.67 per barrel. The...
Read more
European Stocks Edge Higher as Middle East Tensions Keep Oil Volatile
European Markets Open Higher By 04:04 ET (08:04 GMT) on Tuesday, the pan-European Stoxx 600 index was up 0.4%. Germany’s Dax rose 0.5%, France’s CAC 40 gained 0.5%, and the U.K.’s FTSE 100 advanced 0.4%. The positive open followed a...
Read more
EU and Australia Conclude Sweeping Trade Agreement Covering Tariffs and Critical Minerals
Broad Tariff Reductions After Prolonged Negotiations The trade agreement, reached following talks that began in 2018, will see the EU eliminate about 98% of its duties on Australian goods exports. This includes products such as wine, dairy, wheat and barley,...
Read more
Gold Extends Slide as Stronger Dollar and Higher Yields Pressure Prices
Spot gold fell as much as 2% before trimming losses to trade 1% lower at $4,335.97 per ounce. April gold futures were down more than 1% at $4,358.80 per ounce. Spot silver dropped more than 3% to $66.93 per ounce,...
Read more
