Gold

NEWS DESK

Oil Rallies on Tariff Threats, Gold Slips as Dollar Gains Strength : Comments from Century Financial

PR News Desk 29/07/2025

Crude Oil prices rallied to a weekly high on Monday, with WTI up 2.79% and Brent up 2.89% by close. This was driven as investors digested President Trump’s threat towards Russia. He stated that Russia would be given a new deadline of 10 to 12 days to make progress towards ending the war with

NEWS DESK

Bitcoin Consolidates, Gold Slips Amid Risk-On Sentiment : Comments from Century Financial

PR News Desk 23/07/2025

Crude oil prices edged higher today as investors digested fresh developments in U.S. trade policy. Brent climbed by 0.15% toward $68 after a three-day retreat, while WTI increased by 0.32% near $65.30. The gains followed President Trump’s announcement of new tariff agreements—19% with the Philippines and 15% with Japan.Adding to the momentum, U.S. Treasury Secretary […]

NEWS DESK

Geopolitical Uncertainty Creates Tug-of-War in Oil Markets : Comments from Century Financial

PR News Desk 21/07/2025

Oil prices remained largely stable on Monday, with Crude trading at $68.60 and WTI at $65.85, balancing new European sanctions targeting Russian oil with concerns that escalating tariffs could stifle fuel demand, even as OPEC producers increase output. The EU’s 18th sanctions package aims to cut Russia’s oil revenues by banning imports of petroleum products

NEWS DESK

APO Group Wins Gold at 2025 SABRE Awards for Canon Central and North Africa Campaign, Secures Five Finalist Placements

PR News Desk 16/07/2025

APO Group (www.APO-opa.com), the leading pan-African communications consultancy and press release distribution service, has been recognised with top honours at the prestigious 2025 SABRE Awards Africa, winning gold for its pioneering World Unseen Experience at GITEX Africa campaign with Canon Central and North Africa. The campaign showcased Canon’s innovative

NEWS DESK

Gold, silver, platinum take a timeout after strong first half – Saxo Bank

PR News Desk 09/07/2025

After a phenomenal first half, the investment metals sector has entered a period of consolidation. Gold has traded sideways for the past twelve weeks, creating space for silver and platinum to play catch-up. Yet with year-to-date gains of roughly 26% for gold and silver—and a remarkable 54% for platinum—the natural question from investors is: Is […]

NEWS DESK

Gold, Silver Steady Amid Tariff Uncertainty : Comments from Century Financial

PR News Desk 08/07/2025

Crude Oil prices bounced back significantly on Monday, with a 1.95% rise in WTI and a 2.41% rise in Brent by the close. Despite an increase in supply from OPEC+ members over the weekend, crude oil prices continued to rise. This could primarily be due to renewed geopolitical tensions in the Middle East, specifically after […]

NEWS DESK

Gold Holds Firm Above $3,330 Despite Hawkish Fed : Comments from Century Financial

PR News Desk 02/07/2025

WTI dipped by 0.32% today and is currently trading at $66.26. From a fundamental standpoint, the API’s weekly Crude Oil Stocks report was released today. The actuals were recorded at 680K barrels, versus an expected decline of 2.26 million. This triggered a bearish sentiment among participants. From a technical stance, WTI continues to trade close […]

NEWS DESK

Gold Rebounds Strongly to $3,336 : Comments from Century Financial

PR News Desk 01/07/2025

Despite recent losses from risk-off sentiment unwinding, gold has rebounded strongly after testing and bouncing off the long-term bullish trendline. Today, gold prices have surged by 1%, reaching around $3,336 per ounce. This rise is fueled by the dollar’s retreat, driven by concerns over the expanding US government deficit and the progress of a massive […]

NEWS DESK

SwissGold GCC launches premium gold bars offering up to 20% return potential amid gold boom

PR News Desk 25/06/2025

Swiss Gold Dubai has officially launched its exclusive collection of investment-grade gold bars and Silver coins in the heart of Dubai’s Gold Souq, offering investors a refined, reliable, and rewarding opportunity as gold prices soar globally. As gold edges closer to an anticipated US$4,000 per ounce by 2026, SwissGold GCC positions itself at the forefront […]

NEWS DESK

Crude Surges, Gold Slips – Markets on Edge : Comments from Century Financial

PR News Desk 23/06/2025

Crude prices rose on Monday, briefly touching five-month highs as geopolitical risks in the Middle East escalated. Investor anxiety is mounting over potential Iranian retaliation following U.S. strikes on its nuclear facilities, especially after Iran’s parliament approved measures to potentially block the Strait of Hormuz. While oil prices initially reacted to the headline

NEWS DESK

Gold Tops AvaTrade’s Most Traded Assets in the GCC Amid Shifting Market Trends

PR News Desk 23/06/2025

AvaTrade, a leading global trading company, has released the latest data from its key GCC platforms, reinforcing its role as a source of real-time market intelligence. Covering activity across the region since April 1st, the data reveals the Top 25 most traded instruments by USD volume, with gold taking the lead. By sharing these insights, […]

NEWS DESK

Energy Markets on Edge : Comments from Century Financial

PR News Desk 16/06/2025

Crude prices extended Friday’s surge in early Monday trade but failed to hold higher levels, with WTI retreating to $71.56 and Brent easing to $73.25 after jumping over 13% intraday on Friday. The rally, driven by escalating Israel-Iran tensions, briefly pushed prices to multi-month highs before profit-taking and cooling momentum pulled them back toward last […]

NEWS DESK

Oil Slips on Trade Jitters; Gold Steady Ahead of Key Data : Comments from Century Financial

PR News Desk 11/06/2025

Oil prices eased on Wednesday, following a 1% decline on Tuesday, as markets weighed the results of U.S.-China trade talks, which still await President Donald Trump’s review, against concerns over weak Chinese oil demand and rising OPEC+ output. The recent price pullback reflects a combination of profit-taking and market caution ahead of the official U.S.-China […]

BREAKING NEWS NEWS DESK

Gold and silver break key levels as copper eyes tariff decision – Saxo Bank

PR News Desk 03/06/2025

In our latest update, we flagged the growing two-way risk to gold, silver, and platinum, each facing stiff resistance levels that threatened to trigger a period of prolonged sideways consolidation. Yet, just days into June, the market narrative swiftly changed: gold and, more notably, silver pierced through key technical barriers, while platinum paused to consolidate […]

NEWS DESK

Gold Hits 4-Week High : Comments from Century Financial

PR News Desk 03/06/2025

In yesterday’s session, oil rallied by almost 4%, settling at $63.27 for the day. This was mainly driven by the worst fears of significant output increases not materializing as expected. On the geopolitical front, Russia and Ukraine completed a second round of talks in Istanbul, which did not bring them closer to ending the war. […]

NEWS DESK

COT Report: Hedge funds return to gold; elevated grains short ahead of key season – Saxo Bank

PR News Desk 26/05/2025

Commodities The latest COT reporting week to 20 May captured the aftermath of the announced 90-day US–China trade truce, which included a temporary reduction in tariffs. While the news supported additional gains across global stock markets and renewed USD weakness, the commodities sector traded in a very mixed fashion—resulting in a 1% drop in the […]

NEWS DESK

Oil Slips on OPEC+ Supply Surge, Gold Gains on Safe-Haven Demand : Comments from Century Financial

PR News Desk 26/05/2025

Crude oil has declined sharply this year amid concerns that Trump’s import tariffs could dent economic growth and curb demand, just as OPEC+ accelerates output increases to protect market share. Oil opened the year near $74.93 and surged to $82.63 by mid-January, only to reverse course sharply, tumbling to $58.40 by April 9. A modest […]

NEWS DESK

As gold pauses, is platinum ready to shine for investors? – Saxo Bank

PR News Desk 21/05/2025

In a recent update, we touched base on platinum, an almost forgotten semi-industrial metal that, for years now, has been struggling for momentum, in the process being boxed into a tightening range, which sooner or later will yield a breakout. Platinum, primarily mined in South Africa while attracting most of its demand from the production […]

NEWS DESK

Gold Pauses After Record Run; Oil Tests Resistance After Double Bottom Breakout : Comments from Century Financial

PR News Desk 19/05/2025

WTI oil prices rose after exhibiting a double bottom pattern on the daily and weekly charts, closing the last week with a 2.05% gain. Although the start of the week showcased a strong performance, prices tested a resistance near the $63.5 level, where the 50-EMA also lay, and dipped to test the $60 level on […]

NEWS DESK

Gold Dips 1.1% on Risk-On Sentiment : Century Financial

PR News Desk 13/05/2025

WTI rose slightly by 0.1% and is currently trading at $62.2.From a fundamental standpoint, the US and China agreed on a much-anticipated trade agreement. According to the deal, the US and China agreed to slash reciprocal tariffs for 90 days. China will cut tariffs on the US to 10% from 125% for 90 days. The […]