Gold treads water below $4,200 ahead of US payrolls report
Gold trades in a narrow range below $4,200, with focus on the upcoming US non-farm payrolls report.
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Gold trades in a narrow range below $4,200, with focus on the upcoming US non-farm payrolls report.
The US is pressuring Germany and France to release 120 million barrels of diesel from strategic reserves as global supply tightens, sparking a political…
The US has warned Germany and France to release diesel reserves or face a potential export ban.
China halted fuel exports for October and Russia extended its diesel ban, potentially raising inflation and giving the Fed reason to hike rates, which could…
BofA reiterates a $5,000 gold outlook for 2027 but warns oil, yields and fragile ETF positioning could push prices toward $3,750 first.
A tanker in the Strait of Hormuz was hit by an unidentified projectile, sparking a fire. The crew is safe, but damage is unknown.
Gold rises $9 to $4,169 but remains capped by the 100-hour moving average, keeping sellers in control.
Goldman and JPMorgan see Gulf crude exports back near normal, but refined product flows remain weak.
Oil rallied as traders grow impatient with lack of US-Iran progress, erasing earlier losses.
Morgan Stanley outlines three supports for gold despite a 3.8% decline this year: central bank buying, bond intervention, and oil-linked inflation.
Gold prices rallied briefly after soft PCE data before reversing. The focus is on the US-Iran impasse and the upcoming NFP report.
Gold rose 0.4% to $4,170 but remains below $4,200 as elevated Treasury yields limit recovery conviction.
Marco Rubio ordered Iran's UN delegation out of the US after talks stalled, Axios reported. The move showed deep distrust between the two countries.
Morgan Stanley strategist Amy Gower sees $4,000 as a solid floor for gold, supported by central bank and Chinese demand, government debt concerns, and oil…
Crude oil futures traded at $91.25 after rebounding from support near $88.80, with key resistance at $91.45.