Gold drops below $4,070 as Hormuz crisis pushes oil above $112
Gold and silver prices dropped sharply in early US trading Thursday as fresh attacks on commercial shipping in the Strait of Hormuz sent crude oil higher and renewed…
3-minute read
Commodities
What moved the tape
23 stories
Gold edges up as oil remains elevated fueling inflation concerns
Gold prices edged higher in early trading Wednesday as US Treasury yields inched lower, although persistent inflation and the prospect…
3 min
Gold price plunges 26% from record as Iran war turns safe-haven appeal upside down
Gold fell for a fourth consecutive session on Wednesday, extending a decline of about 26% from its January record even…
3 min
Why are oil prices suddenly falling despite fresh attacks on Middle East tankers?
Oil prices fell on Monday even as fresh tanker attacks around the Strait of Hormuz underscored fragile Middle East supply…
3 min
Oil jumps over $106: here’s two reasons behind the rise
Oil prices jumped around 2% on Monday as geopolitical tensions continued to keep pressure on global energy markets. Brent crude…
3 min
Gold is stuck below $4,200, but a $10B short bet could trigger the next big move
Gold is struggling to reclaim $4,200, but traders may now be watching $10 billion more closely. Spot gold rose 0.4%…
3 min
Here’s why oil prices are falling on an energy ceasefire Moscow won’t confirm
Oil prices fell on Tuesday as traders priced in more Russian fuel reaching global markets and a pause in attacks…
3 min
Paul Tudor Jones says oil prices have likely not peaked yet
Paul Tudor Jones believes oil’s rally still has room to run, with unresolved tensions involving Iran keeping him positioned for…
3 min
Gold holds near $4,165 despite 5% yields: what is keeping bears in check?
Gold held near $4,165 an ounce on Wednesday as investors waited for US inflation data that could decide whether bullion…
3 min
Oil tops $106 amid attack on Aramco building, IEA’s diesel crunch warning
Oil prices edged higher on Wednesday as the International Energy Agency (IEA) warned that diesel supply constraints could persist well…
3 min