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Browsing: Business
Bitcoin traded below $62,500 as ETF outflows, weak spot demand and options data kept pressure on the wider crypto market, with Ether lower.
Brent crude rose to $78.15 a barrel and WTI reached $74.19 as global oil markets tracked supply data, refinery demand and Hormuz flows.
Gold prices rebounded from a one-week low as oil fell, but dollar strength and Fed rate expectations kept pressure on bullion markets.
Brent crude rose to $81.66 as supply concerns, Hormuz shipping focus and lower inventories kept global oil markets volatile on Monday.
Semiconductor stocks led Wall Street higher, pushing the Nasdaq up 1.91% as the S&P 500 and Dow also posted gains before Juneteenth.
A firmer U.S. dollar and shifting rate expectations pushed gold lower, with bullion set for another weekly decline across global markets.
NEW YORK / Content Syndication Services / – Gold prices rebounded Thursday from a six-month low as traders tracked U.S. inflation data, interest rate expectations and firm oil prices. Spot gold rose 0.5% to $4,095.64 an ounce by 0558 GMT. Earlier in the session, bullion touched $4,022.09, its lowest level since Nov. 21. U.S. gold futures for August delivery fell 0.4% to $4,116.20. The move kept gold near levels last seen in late 2025. The rebound followed a sharp slide that had pushed gold toward the $4,000 mark, a closely watched level for bullion traders. The move left spot gold near…
Oil prices rose more than $2 as Brent and WTI climbed, with Strait of Hormuz shipping and U.S. crude inventories staying in market focus.
Gold rebounded from a six-month low as U.S. inflation data, Fed rate expectations and oil prices shaped bullion trading.
U.S. stocks ended mixed as tech volatility pulled the Nasdaq and S&P 500 lower, while the Dow closed higher after uneven trade Tuesday.
