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…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
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…
Iran’s Parliament Weighs Bill to Permanently Ban US, Israeli Ships From Strait of Hormuz
Iran's Parliament is weighing a bill to permanently bar U.S., Israeli and other vessels it deems hostile from the Strait…
Citi raises Q3 2026 Brent forecast to $80 a barrel as Iran talks drag on
Citi raised its third-quarter 2026 average Brent crude forecast to $80 a barrel from $75 previously, pointing to continued back-and-forth…
