Oil gains as traders await Hormuz deal snagged by transit fee dispute
Brent and WTI both climbed more than 1% on Friday as traders waited on a U.S.-backed deal to reopen the...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold hits $4,432 as RSI signals overbought conditions
Gold's parabolic run to $4,432 has left the metal technically overbought, with its five-hour Relative Strength Index spiking to 76.15...
Gold Hits $4,347 as September Fed Hike Odds Fall to 46% After Weak Jobs Report
Gold jumped to $4,347.09 an ounce Friday, up 2.53% on the day and more than 6% for the week, after...
GDXJ Surges 7.4% as Gold Miners Break Out of Months-Long Selloff
Gold-mining stocks broke out of a months-long falling-wedge pattern this week, with the VanEck Junior Gold Miners ETF jumping 7.4%...
US Oil Rig Count Holds at 588 as Permian Drilling Climbs
Baker Hughes' weekly count showed the total US oil and gas rig tally unchanged at 588, with oil rigs up...
