Gold rallies to $4,550 after Bessent’s Treasury buyback plan, Citi lifts target to $5,000
Gold jumped 3% to $4,550 an ounce after Treasury Secretary Scott Bessent said the department would double its buybacks of…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil Prices Hit Near-Month High as Trump Threatens New Iran Sanctions
Brent crude rose 2.1% to $93.57 a barrel and WTI advanced 2.0% to $87.56 on Thursday, the highest levels for…
Gold Slips as Treasury Buyback Rally Fades
Gold dropped 0.8% to $4,487.41 an ounce on Thursday as traders locked in profits from a rally that had pushed…
Gold Jumps 4.35% in Biggest Daily Gain Since February on USD Debasement Fears
Gold jumped 4.35% on August 19, its biggest one-day gain since February, closing at $4,523 and pushing its August advance…
Oil hits three-week high as Iran war impasse threatens supply
Oil climbed to three-week highs on Thursday as the stalemate in the Iran war kept raising the risk of further…
