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Keywords: Iran conflict oil
Gold and silver continued to fall at the start of the trading week, extending a multiweek selloff driven by tight US monetary policy, a stronger dollar and renewed inflation concerns linked to rising energy prices amid the Iran conflict. Gold futures dropped sharply early in the session, adding to losses......
Gold prices are on course for their steepest weekly decline since March 2020, pressured by the Federal Reserve’s firm interest rate stance and a stronger US dollar, despite a modest rebound on Friday. Spot gold edged higher early in the session to around 4,700 dollars per ounce, recovering from......
Asian equity markets declined on Friday as crude oil prices hovered close to $100 a barrel, intensifying concerns that the conflict involving Iran could disrupt global energy supplies for an extended period. The selloff followed losses on Wall Street, where the S&P 500 fell 1.5 percent on Thursday......