Gold trades below every major moving average as the Fed decision nears
Gold trades below every major moving average on the daily chart, and each bounce this month has failed within $100...
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 jumps more than 1% as Fed holds rates for fifth straight meeting
Gold rose more than 1% on Wednesday after the Federal Reserve left its benchmark rate unchanged for a fifth consecutive...
CENTCOM redirects 20 vessels in Iran blockade as Glencore expects $3 billion trading profit
CENTCOM says its forces have redirected 20 commercial vessels, disabled two and boarded two others while enforcing the U.S. blockade...
US crude inventories drop 7.2 million barrels as Iran war disrupts Middle East supply
US commercial crude inventories fell by 7.2 million barrels last week and the Strategic Petroleum Reserve dropped by 3.8 million...
Zijin Gold scraps Allied Gold takeover, takes 9.2% stake for $295 million instead
Allied Gold's takeover by Zijin Gold has been terminated after closing conditions went unmet by the outside date. Zijin will...
