Global gold prices have declined in recent days despite ongoing geopolitical tensions, including the Israel-Iran conflict. This decline occurred as investors took profits after gold prices had risen sharply as a hedge. Furthermore, the absence of any major escalation in the near future has calmed the market, resulting in a temporary decline in gold demand. Other factors weighing on gold prices are the strengthening of the US dollar and expectations that the US Central Bank (the Fed) will not immediately lower interest rates. A stronger dollar makes gold more expensive for global investors,...
Oil prices rose in European trading on Monday after sharp declines in the previous session, as U.S.-led talks to end the war in Ukraine failed to deliver a breakthrough, although gains were capped by persistent supply surplus worries heading into 2026. Brent Oil Futures expiring in February rose 1.8% to $61.34 per barrel, while West Texas Intermediate (WTI) crude futures also climbed 2% to $57.88 per barrel. Both contracts fell more than 2.5% on Friday, erasing most of the gains accumulated earlier in the week. Get premium crude market insight with InvestingPro - 55% off todayOil prices...
Gold (XAU/USD) drops sharply on Monday, down 4.50% and trading near $4,330 at the time of writing, after hitting a fresh all-time high at the end of last week. The precious metal is facing strong profit-taking in a thin liquidity environment ahead of the year-end holidays, which is amplifying the corrective move following the sharp rally seen in recent months. A moderate rebound in the US Dollar (USD) is also adding pressure on Gold, as it makes the metal more expensive for non-US buyers. This recovery in the Greenback comes as some investors adjust their positions before the end of the...
Oil prices reversed course after Friday's decline as US-led talks to end Russia's war in Ukraine failed to produce a breakthrough, and China pledged to support growth next year. West Texas Intermediate (WTI) prices reached over $58 per barrel, while Brent neared $62. The US has stepped up efforts to end the war, but sticking points remain, highlighting the difficulty of reaching a deal. President Donald Trump said he had made progress in talks on Sunday with Ukrainian President Volodymyr Zelenskiy at Mar-a-Lago. Zelenskiy said he asked Trump for security guarantees for 30 to 50 years. An...
Gold prices plunged more than 4% to below $4,350 an ounce on Monday as investors secured profits after a string of record highs, with tentative progress in U.S.-Ukraine peace talks weighing on safe-haven demand despite ongoing uncertainty. President Donald Trump said negotiations with Ukrainian President Volodymyr Zelenskiy had made significant progress, although a final agreement is still weeks away. Zelenskiy noted that the framework is largely in place and U.S.-Ukraine security guarantees have been finalized, while core issues such as control over the Donbas region remain unresolved. At...