Gold gains over 1% on pause in US-Iran fighting; Fed decision looms
Gold prices climbed over 1% as a pause in hostilities between the U.S. and Iran shifted investor focus toward the upcoming Federal Reserve meeting.
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Gold prices climbed over 1% as a pause in hostilities between the U.S. and Iran shifted investor focus toward the upcoming Federal Reserve meeting.
Asian equity markets are showing mixed performance as optimism surrounding AI infrastructure spending contends with rising oil costs.
Global oil markets remain volatile as the escalating Iran conflict prompts warnings of significant price spikes and economic pressure.
Oil prices have surged past $85 a barrel as escalating military conflict between the U.S. and Iran threatens stability in the Strait of Hormuz.
Rising supply and recovering flows through the Strait of Hormuz are sparking fears of a global oil glut and driving down price forecasts.
Israeli Defense Minister Katz warns that war with Iran could begin as early as 'tomorrow,' signaling readiness for independent military action.