News
Commodity wrap: Oil drops, gold rallies as US-Iran peace hopes gain ground
16+ hour, 10+ min ago (867+ words) AI Sentiment: 35/100 Bearish Go long gold (GC) because the same peace headlines are pushing the dollar lower and easing near-term inflation fears, which supports bullion even while oil falls. Gold bounced off key support and is benefiting from lower rates…...
Platinum price forecast: Here are the key levels to watch
2+ mon, 1+ day ago (499+ words) AI Sentiment: 35/100 Bearish This score is generated through AI-driven analysis of the article's content. In recent sessions, a surge in crude oil prices has weighed on platinum prices, as well as other precious and industrial metals. However, Brent oil has…...
Gold rebounds 1% on Mideast uncertainties; can prices sustain upward momentum?
2+ mon, 3+ week ago (633+ words) Gold bounced back on Friday, recovering from a drop of more than 1% in the prior session, as investors flocked to the safe-haven metal amid escalating uncertainty surrounding the widening conflict in the Middle East. Gold on COMEX rose 1% to $5, 128 per…...