Commodities
Gold bears eye $4,275 as correction deepens
Investing.com analysis says gold is testing $4,360 support; a break could push the metal toward $4,275, though the long‑term bullish trend remains intact.
Gold's structural bid persists despite near‑term rates headwind
Investing.com analysis says sovereign and institutional demand keeps a $4,000/oz support level alive even as strong US payrolls lift yields and the dollar.
Brent climbs 1.1% to $97.31 as US‑Iran strikes resume; Nvidia CEO says AGI era has arrived
Brent crude rose to $97.31 a barrel after U.S. forces disabled three Iranian tankers, while shipping through the Strait of Hormuz hit its lowest level since May. Nvidia CEO Jensen Huang announced the arrival of artificial general intelligence.
Gold targets $4,590‑$4,641 decision zone as recovery gains momentum
Gold trades near $4,527, above the daily VC PMI mean, with the analysis flagging a $4,590‑$4,593 resistance cluster as a key decision area and support near $4,458.
Silver analysis sees breakout targets near $68.9 and $71
Investing.com technical analysis notes silver closed near $67.34 after rebounding from a $63.88 low, with potential moves to $68.89 and $70.95 if resistance holds, while outlining key support zones.
TotalEnergies secures 4 million barrels in Brazil federal oil auction, Petrobras takes 900,000
TotalEnergies bought three lots totalling 4 million barrels from the Búzios field, while Petrobras acquired a single lot of 900,000 barrels from Atapu. Four lots remained unsold and will be re‑auctioned in September.
Iran buries wedding attack victims as oil climbs above $96 a barrel
Iran held funerals for victims of a U.S. strike on a wedding venue while retaliatory attacks on regional targets pushed Brent crude futures above $96 per barrel.
Gold Futures Rise 2.5% as Rate-Hike Odds Slip, Analysis Warns of CPI Risk
Gold futures jumped to $4,526.20, driven by lower September‑rate‑hike odds, while the analysis notes the metal now behaves like a short‑duration rate instrument and could face pressure if August CPI comes in hot.
Laramide files technical report for Westmoreland uranium project
Laramide Resources filed a July 22 technical report outlining a preliminary economic assessment for its 100%-owned Westmoreland uranium project in Queensland, recommending a move to a pre‑feasibility study.
Helix Exploration faces regulatory pause at Montana helium facility
Montana Oil and Gas Conservation Board ordered a halt to production at Helix Exploration's Rudyard helium plant pending clarification of gas‑management procedures.
Nigeria seen doubling energy investment within five years: IEA chief
IEA's Fatih Birol forecasts Nigeria's energy investment could rise to at least double current levels by 2031 following its associate membership in the Paris-based energy watchdog.
Visible Gold acquires 51% stake in Quebec’s Sakami gold property
Visible Gold Mines takes majority control of the 250 sq km Sakami property in James Bay, Quebec, with plans to expand to full ownership by January 2027. Deal includes share issuance and a 1% royalty for the vendor.
TotalEnergies acquires 40% stake in Namibia’s PEL 83 oil license
French energy major TotalEnergies secures operated interest in Orange Basin license containing 1.3 billion barrels of oil equivalent. Exploration campaign planned for Q4 2026.
U.S. natural gas storage rise matches forecast, easing price volatility
EIA data shows 30 billion cubic feet increase in inventories, doubling the prior week's gain and aligning with market expectations to steady gas prices.
Russia to supply 50 billion cubic meters of gas to China in 2026
Moscow plans to deliver the volume via the Power of Siberia pipeline and through Kazakhstan. Gazprom and CNPC are negotiating a second link, Power of Baikal.
Arabica coffee hits 5-week low; sugar falls from 16-month peak
Arabica futures slid to a five-week trough on robust Brazilian supply, while raw sugar retreated from a 16-month high after a technical correction. Cocoa also eased from yearly peaks.
Russia to deliver 50 billion cubic meters of gas to China by 2026
Gazprom and CNPC advance plans to ship 50 bcm of gas annually via Power of Baikal pipeline, with intergovernmental talks set for this week.
Iron ore prices rise on China blast furnace activity rebound
China’s iron ore futures advanced as blast furnace utilization climbed to an eight-week high, while Singapore-traded contracts also gained. Analysts cite easing supply curbs and stronger steel exports.
Industriemetalle als Depotbeimischung: Kupfer und Zink im Fokus
Kupfer, Zink und andere Industriemetalle profitieren von KI-Boom und Energiewende. Experten raten zu 5–10% Beimischung in diversifizierten Portfolios als Inflations- und Krisenpuffer.
Global bond rout deepens on oil surge, fiscal fears
Yields hit multi-decade highs as crude nears $95, debt concerns mount in Europe and Japan amid Middle East tensions. Traders price 70% odds of a Fed hike.
Wine Bank Zürich spotlights underrated Pinot Meunier in Champagne tasting
The Wine Bank Zürich hosted an event focused on Pinot Meunier, the oft-overlooked third grape of Champagne, featuring 13 rare bottles and guided by sommelier Jelena van Eerdenurg.
European wheat prices fall after Putin comments on Ukraine peace talks
December milling wheat on Euronext drops 3.2% to €248.5 per ton as traders weigh limited progress in peace talks. Chicago wheat futures also retreat from multi-year highs.
Turkey’s central bank adds 16 tons of gold to reserves after swap maturity
Gold reserves rose to 791.4 tons following the final U.S. dollar-gold swap in a series initiated during the Iran war. The central bank did not disclose terms.
Turkish central bank adds 16 tonnes of gold to reserves after swap expiry
The Central Bank of Turkey increased its international gold reserves by 16 tonnes to 791.4 tonnes following the maturity of a dollar-for-gold swap. The transaction was valued at approximately $1.8 billion.