Trader Places $58 Million Bearish Options Bet Against Gold’s Rally
A trader sold almost 116,000 in-the-money SPDR Gold Shares (GLD) calls on Monday and used part of the proceeds to…
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 Tests a Double Top as Treasury Debt Buybacks and Middle East Conflict Drive Rally Toward $4,700
Gold futures pushed above $4,620 an ounce on Monday, extending a third straight weekly advance as the U.S. Treasury's surprise…
Oil slips as US launches ‘economic D-Day’ sanctions campaign on Iran
Oil prices pulled back Monday even as Washington prepared to unveil sweeping new sanctions on Iran, dubbed "economic D-Day," after…
Oil prices fall as traders await ‘toughest’ U.S. sanctions on Iran
Oil prices dropped Monday as traders waited for details of a new U.S. sanctions package targeting Iran, billed by Washington…
Gold Rallies to Highest Since May 17 as Dollar Policy Shift Fuels Treasury Worries
Gold climbed $65 to $4,668, its highest level since May 17, as the US steps back from its strong-dollar stance…
