Oil Prices Rise as Standoff Over Strait of Hormuz Heats Up Again
Market sentiment intensified after President Donald Trump reiterated that the United States maintains "full control" over the Strait of Hormuz…
Gold Strengthens as Dollar Weakens and Fed Hike Expectations Fade
Gold prices rose during Monday's trading (August 17), supported by a weakening US dollar and diminishing expectations of a Federal…
Gold Breaks Key Level; Bullish Momentum Continues
This level is significantly higher than the previous close of around US$4,377, indicating that buyers have regained control of momentum…
Brent Holds Steady as Market Weighs Hormuz Risks
Price movements were volatile as the market weighed fresh tensions in the Middle East against indications that oil shipments through…
Oil Prices Rise Again as Hormuz Crisis Intensifies
The market continues to price in a high risk premium due to uncertainty surrounding US-Iran diplomacy and increasingly restricted shipping…
Gold Maintains Momentum; Market Eyes New Breakout
Gold's strength is primarily underpinned by a weakening US dollar, following data showing softer US retail sales and consumer sentiment.
Hormuz Tensions Escalate: Could Brent Hit US$100?
Oil prices fluctuated during Monday's trading (August 17) as rising tensions in Lebanon and fresh attacks on vessels in the…
Gold Nears June Highs; US Dollar Remains Under Pressure
While XAU/USD attempted to extend its gains, it struggled to decisively break through the $4,400 level and remained below the…
Gold Breaks US$4,400; Fed Rate Hike Expectations Continue to Decline!
Gold maintained its momentum after a series of weaker-than-expected US economic data weighed on the dollar and further dampened expectations…
Oil Edges Up, Supported by Middle East Tensions
Israel launched fresh strikes on southern Lebanon, reportedly killing 11 people, including a senior Hezbollah commander; this attack marked one…