Commodities

Gold, silver extend rebounds as Fed hawks signal more rate hikes
Precious metals climb toward key resistance levels after the Federal Reserve's 25-basis-point increase, while oil and Treasury yields ease amid Strait of Hormuz tensions.

Gold Steady Near $4,400 as Inflation Data Looms
Gold prices held firm around $4,400 an ounce as traders positioned ahead of U.S. inflation readings that could shape expectations for a Federal Reserve rate hike.

SanDisk Highlights AI Demand to Drive NAND Growth, Targets 2028–2030
SanDisk CEO David Goeckeler outlined a strategic push for high-bandwidth flash memory to meet AI-driven data center demand, securing long-term contracts and financial targets.

Gold climbs over 1% amid a subdued US dollar and ongoing oil rally ahead of US inflation data
Gold prices rose over 1% as the US dollar weakened and oil prices continued to gain ahead of upcoming US inflation data.

SBA Communications CEO Ties Growth to Spectrum and 5G Expansion
SBA Communications CEO Brendan Cavanagh discusses growth strategy at Goldman Sachs conference, highlighting spectrum auctions and 5G build-outs. Stock closed at $186.74, down 1.03%.

Oil prices rise further as U.S.-Iran conflict worsens
Oil prices continued to climb as tensions between the United States and Iran escalated.

Iraq oil exports rebound in August amid discounts and Iran approval
Iraq's oil exports rose to 2.34 million barrels per day in August, up from 1.35 million bpd in July, as discounts and Iran's approval for tanker passage contributed to the recovery.

American Critical Minerals Raises $2.535M in Private Placement for Utah Drilling
The company funds drilling at its Green River Project and working capital for Q4 2026, targeting completion of the AP-S-2 Duma Point well in September 2026.

Brent crude breaches $100 a barrel amid escalating Middle East conflict and tanker attacks
Brent crude rose above $100 a barrel as Middle East conflict and tanker attacks intensified.

Gold firms as weaker dollar and Middle East risks boost prices ahead of inflation data
Spot gold rises on a softer U.S. dollar, rising geopolitical risk from the Middle East and anticipation of Thursday's inflation report.

Oil prices rise after Saudi pipeline shutdown and Hormuz vessel attack
Oil prices have risen following the shutdown of Saudi Arabia's East‑West pipeline and a vessel attack in the Strait of Hormuz amid a widening conflict with Iran.

Goldman Reiterates $5,400 Gold Forecast for End of 2027 Despite Fed Hikes
Goldman Sachs trimmed its year-end fair-value estimate to $4,650 an ounce but maintained a $5,400 target for late 2027, citing central bank buying as the primary driver of projected gains.

European Natural Gas Set to End Five-Week Winning Streak
Dutch TTF and UK NBP wholesale gas prices face weekly losses despite a Friday rebound driven by Middle East geopolitical risks, while EU storage sits at 68.5% ahead of autumn demand.

Spot gold edges higher supported by a softer U.S. dollar and lower oil prices.
Spot gold prices rose as the U.S. dollar weakened and oil prices fell.

Turbo Energy lands €3M in energy storage contracts for Spain, Chile
Company secures 15 projects totaling 15.6 MWh capacity, spanning commercial and industrial applications with AI-driven optimization.

US Bans Select Canadian Goods as Oil Surges Toward $100
Washington imposes tariffs on Canadian dairy, alcohol and motorcycles, while Brent crude nears $100 on Middle East tensions ahead of key U.S. inflation data.

MP Materials Raises Supply Chain Ambitions Amid Rare Earth Demand Surge
MP Materials targets full production capacity by year-end 2024, expanding into Apple’s supply chain by 2025–2028 as U.S. defense and magnet demand intensifies.

Oil prices surge past $100 per barrel as Middle East tensions escalate, impacting global equity futures and Asian markets
Oil prices rose above $100 a barrel amid rising Middle East tensions, affecting global equity futures and Asian markets.

Brent crude futures advance toward $100 per barrel, chilling global market sentiment
Brent crude futures are moving toward the $100 per barrel level, affecting market sentiment worldwide.

Europe faces rising economic and political pressure as gas reserve restocking stalls and diesel and refined oil prices near record
Europe confronts growing economic and political strain linked to delayed natural gas reserve restocking and near‑record diesel and refined oil product prices.

Switzerland Bans Purchase and Import of Sudanese Gold
Swiss authorities prohibit the purchase, import and transit of Sudanese-origin gold, aligning with EU sanctions enacted in mid-July over conflict-related resource exploitation.

USA Rare Earth, Pasqal to Collaborate on Quantum-Optimized Rare Earth Separation Tech
Partnership aims to reduce reliance on Chinese processing by leveraging quantum machine learning for more efficient separation of mixed rare earth elements.

ICG Silver & Gold wraps Phase 1 drilling at Nevada’s Tuscarora Project
The company completed a 3,000-meter drill program in four target zones, with assay results expected in late 2026 before a mineral resource estimate in Q1 2027.

Frankfurt Stocks Tumble as Brent Crude Breaks $100
The DAX fell 1.66% to 25,576.45 as Brent crude surpassed $100 a barrel, weighing on European equities ahead of the ECB's expected rate hike.

