Crude Oil Slumps As Markets Turn Optimistic On U.S.-Iran Peace Talks
Crude oil prices fell sharply on Thursday, with WTI July futures sliding to $96.85 per barrel, a 1.43% drop after briefly spiking to $102.66. The decline extended losses from the prior two sessions as markets absorbed signs of progress in U.S.–Iran peace talks. President Trump signaled both a willingness to strike a deal and a threat of “nasty” actions if Iran does not comply, while Pakistan’s interior minister acted as an intermediary. A modest dip in U.S. unemployment claims reinforced confidence in the domestic labor market amid the geopolitical easing.
Crude Oil Soars As U.S. Delays Responding To Iran's Peace Plan
Crude oil prices jumped to $108.69 a barrel, a 3.1% rise, as the United States hesitates to act on Iran's latest peace proposal. The Strait of Hormuz remains shut, and a U.S. naval blockade continues, limiting oil flow from Arab...
Crude Oil Soars As U.S.-Iran Peace Deal Remains Elusive
Crude oil prices jumped on Monday, with WTI June futures climbing to $98.75 a barrel, a 3.5% gain, after the United States rejected Iran’s proposal to end hostilities. The rejection keeps the strategic Strait of Hormuz closed, heightening supply‑risk concerns...
Gold Ticks Lower Amid Increasing Oil-Driven Inflation Concerns After U.S. Rejects Iran's Peace Plan
Gold edged lower on Monday, slipping 0.01% to $4,730.50 per ounce after the United States dismissed Iran's counter‑proposal to a peace plan, reigniting oil‑driven inflation concerns. Silver surged 6.5% to $85.84 per ounce as investors shifted toward risk‑on assets. The...
Royal Gold Q1 Earnings Call Highlights
Royal Gold posted record Q1 2026 results, with revenue soaring 143% to $469 million and earnings climbing 148% to $281 million. The surge reflects a larger, more diversified portfolio after 2025 acquisitions and higher metal prices, especially silver. Adjusted EBITDA margin reached...
Gold Gains As Dollar Dips Ahead Of Jobs Report
Gold prices climbed above $4,700 an ounce on Friday as the dollar index lingered around the 98 level, reflecting a softer greenback ahead of the U.S. non‑farm payrolls and upcoming CPI data. Spot gold jumped 0.7% to $4,721 per ounce,...
Gold Prices Rally As Middle East Tensions Ease
Gold prices jumped about 1% on Thursday, with spot gold reaching $4,735.74 an ounce and June futures climbing to $4,742.64. The rally was driven by optimism around a potential U.S.–Iran peace deal and easing Middle East tensions, which also softened...
Crude Oil Plunges Amid U.S. Measures To Restart Traffic Across The Strait Of Hormuz
Crude oil prices tumbled on Tuesday after the United States launched “Project Freedom,” a naval operation aimed at reopening the Strait of Hormuz. The move eased supply‑risk fears, sending June WTI down $3.80, or 3.57%, to $102.62 a barrel. U.S....
Gold Advances As "Project Freedom" Enters Second Day, Easing Oil Prices
Gold prices rebounded on Tuesday, climbing to $4,570.60 per ounce as the United States launched “Project Freedom” to reopen the Strait of Hormuz for neutral vessels. The operation, backed by roughly 100 aircraft, 15,000 troops and guided‑missile destroyers, eased oil‑price...
Oil Prices Jump To Four-Year Highs On US-Iran Tensions
Oil prices surged to four‑year highs as stalled U.S.–Iran peace talks and credible reports of U.S. military action raised fears of prolonged disruption in the Strait of Hormuz. Brent crude for June delivery peaked at $126.41 a barrel, while July...
Gold Prices Tumble Toward $4,600 On Inflation Concerns
Gold prices slipped to a three‑week low near $4,600 an ounce on Tuesday, dropping 1.5% as higher oil prices stoked inflation worries. The dip coincided with a rebound in the U.S. dollar index and rising Brent crude above $111 per...
Gold Slumps As U.S.-Iran Standoff Continues, Strait Of Hormuz Remains Closed
Gold prices plunged on Monday, with front‑month June Comex gold sliding $54.10 to $4,686.80 an ounce, while silver fell 1.74% to $75.35. The decline follows a stalled U.S.–Iran peace process and the continued closure of the Strait of Hormuz, which...
Gold Subdued Ahead Of Major Central Bank Meetings
Gold prices were largely unchanged on Monday, with spot gold at $4,703.92 an ounce and U.S. futures at $4,718.34, as traders brace for a cascade of central‑bank meetings. The Federal Reserve’s April 28‑29 policy session is expected to keep rates...
Crude Oil Surges Despite U.S. Extension Of Two-Week Ceasefire
Crude oil prices surged on Wednesday, with WTI June futures climbing $3.54 to $93.21 a barrel, a 3.95% gain, despite a U.S.‑declared two‑week cease‑fire in the U.S.–Iran conflict. The rally reflects lingering supply‑disruption fears as the Strait of Hormuz remains...
Gold Rebounds After US-Iran Ceasefire Extension
Gold rebounded 0.8% on Wednesday, trading at $4,757 an ounce after a 2% plunge the day before. The rally was sparked by President Trump’s unilateral extension of the US‑Iran ceasefire, robust US retail‑sales data, and hawkish remarks from Federal Reserve...