Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
Silver prices surged to a new record, breaking through $80 per ounce for the first time, extending a strong rally heading into the end of the year. This rise marked a historic moment, as silver has moved very aggressively in recent sessions. The white metal rose for the sixth consecutive session and has gained about a quarter (±25%) in that period—the largest six-day gain in data dating back to 1950. The latest surge was driven by speculative fund inflows, coupled with supply disruptions still felt in several major trading centers following the short squeeze in October. Throughout the...
Crude oil prices strengthened towards the end of the year, supported by hopes of better demand from China and a commodity rally that helped lift market sentiment. Brent has returned above $61 per barrel, while WTI is hovering around $57 per barrel. This increase comes after China signaled continued support for growth next year. In a statement by the Chinese Ministry of Finance on Sunday, Beijing said it would expand its fiscal spending base in 2026, indicating the government remains ready to stimulate the economy through stimulus and spending. On the geopolitical front, oil prices...
Silver broke through $77 for the first time on Friday (December 26th), while gold and platinum hit record highs, driven by expectations of a US Federal Reserve interest rate cut and geopolitical tensions fueling demand for safe-haven assets. Spot silver jumped 7.5% to $77.30 an ounce, as of 1:53 PM ET (1853 GMT), after hitting an all-time high of $77.53 earlier today, marking a 167% year-to-date surge driven by supply deficits, its designation as a US essential mineral, and strong investment inflows. Spot gold rose 1.2% to $4,531.41 an ounce, after hitting a record high of $4,549.71...
Oil prices fell more than 2% on Friday (December 26th) as investors weighed the threat of a global oversupply, while also keeping an eye on a potential Ukraine peace deal ahead of talks later this week between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump. Brent crude futures fell $1.60, or 2.57%, to $60.64 per barrel. U.S. West Texas Intermediate (WTI) crude fell $1.61, or 2.76%, to $56.74. Although supply disruptions have helped oil prices recover in recent sessions from a nearly five-year low hit on December 16th, they are on track for their sharpest annual...
Gold, silver, and platinum surged to all-time highs, extending a historic year-end rally for precious metals, supported by rising geopolitical tensions, a weaker U.S. dollar, and thin market liquidity. Spot gold prices rose as much as 1.2% to a peak above $4,530 an ounce on Friday. Spot silver for immediate delivery rose for the fifth consecutive session, climbing as much as 5% to surpass $75 an ounce. Tensions in Venezuela, where the U.S. has blocked oil tankers and increased pressure on the government of Nicolás Maduro, have added to the appeal of precious metals as a safe-haven asset....
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...