Commodities

U.S. prioritizes cheap oil, gas as Iran war escalates
Senator Vance urges energy affordability amid Middle East conflict, warning of potential supply disruptions and price spikes.

Gold, silver plunge after hitting sell targets; key levels breached
Precious metals tumble as gold drops over $144 an ounce and silver falls more than $3.30, testing critical support levels after technical sell signals.

Wildfires force evacuations at Croatian, Greek resorts
Hundreds displaced as blazes spread across southern Europe amid prolonged heatwave and drought conditions.

U.S. stock futures little changed as oil prices rise after S&P 500 record
Futures tracking major U.S. indices showed limited movement on Tuesday, with oil prices weighing on risk sentiment following the S&P 500's latest record close.

Citi flags risks in gold’s recent rally
Analysts warn the precious metal’s upward momentum may not be sustainable amid shifting macro conditions.

Wells Fargo: CTAs added US equities, gold and Treasuries
Commodity trading advisors increased allocations to U.S. stocks, gold and government bonds in recent trading sessions, according to Wells Fargo.

Gold retains value as global markets transform
Centuries-old asset adapts to modern financial systems while maintaining its core role as a store of value.

Shell loses South Africa offshore exploration rights in court
Court revokes Shell’s exploration rights in South Africa’s offshore blocks, citing environmental and procedural concerns.

Russia’s oil share in India hits record amid sanctions
Russian crude imports by India surge to a record high as refiners bypass Western price caps and discounts widen. The shift reshapes global trade flows.

Hormuz tanker traffic slumps amid US-Iran tensions
Shipments through the Strait of Hormuz fall 15% as geopolitical risks deter tanker operators despite stable oil prices.

Copper 'Death Cross' Signal Found to Be Statistically Insignificant
Analysis of 21 instances since 2001 shows the bearish crossover pattern offers no reliable trading signal for copper prices.

Asian stocks steady as Middle East tensions lift oil
Equity markets in Asia paused on Monday as investors assessed the impact of rising oil prices amid escalating tensions in the Middle East.

Gold nears $4,400 as Fed minutes, oil risks shape rate outlook
Precious metal edges higher as investors weigh U.S. central bank signals and geopolitical oil supply threats.

Oil prices dip after strong week as Iran tensions linger
Brent crude and WTI futures ease from recent highs amid persistent geopolitical risks in the Middle East.

European gas prices surge on Hormuz Strait tensions
Tight LNG supplies and geopolitical risks in the Middle East drive the strongest weekly gain for European gas since July.

Gold faces deeper losses as Strait of Hormuz tensions weigh
Geopolitical risks in the Strait of Hormuz lift safe-haven demand but threaten supply disruptions, clouding gold's near-term outlook.

Gold prices rise as momentum turns positive; $4,443 key level eyed
Technical indicators suggest gold has entered a bullish phase, with analysts eyeing a retest of $4,443 and a potential rally toward $4,552.

Silver prices eye $67.41 as technical reversal nears $65.26
Technical analysis suggests silver could rebound toward $67.41 if resistance at $65.26 is decisively cleared. A break below that level may extend declines.

China Gold International Resources shares rise on gold price gains
Stock surges as spot gold prices climb to near-record highs, lifting miner valuations amid broader market strength.

Oil prices steady after U.S. threatens indefinite Iran blockade
Crude markets stabilize as Washington signals prolonged enforcement of sanctions on Tehran, raising supply risks in the Strait of Hormuz.

Gold falls below $4,400 as Fed outlook and geopolitics weigh
Price retreats after recent rally as market reassesses U.S. rate cut expectations and Middle East tensions ease. Investors eye key U.S. data and central bank signals.

China's electric truck exports surge amid Middle East tensions
Conflict in Iran drives demand for Chinese e-trucks as buyers seek alternatives to volatile fuel markets and disruptions in traditional supply chains.

Tyson Foods to close two U.S. beef plants amid cattle shortage
Closures at Holcomb, Kansas, and Dakota City, Nebraska, facilities follow reduced cattle supply and rising costs. Operations to wind down by mid-2025.

Silver rally underscores dominance of real yields over inflation
Prices surge as U.S. Treasury yields adjust for inflation expectations, highlighting the metal’s sensitivity to real-rate shifts.

