Gold

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

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 […]

NEWS DESK

Gold Slips on Trade Optimism; Oil Rallies on Tariff Relief : Century Financial

PR News Desk 12/05/2025

Gold:Gold closed in the green on Friday, up 0.6%. However, the rally was short-lived as prices stuck to intraday losses through the Asian session on Monday, and the latest optimism over a US-China trade deal undermined demand for traditional safe-haven assets. The US and China will temporarily lower tariffs on each other’s products, according to […]

NEWS DESK

Crude Gains, Gold Slips Amid Supply Cuts and Trade Optimism: Century Financial

PR News Desk 07/05/2025

WTI crude oil futures rose toward $60 per barrel on Wednesday, building a more than 3% gain from the last session, supported by signs of weaker US production and growing demand in Europe and China. Major producers such as Diamondback Energy and Coterra Energy announced plans to reduce their rig counts, helping to limit production. […]

NEWS DESK

Gold prices declined for the third time this week: Century Financial

PR News Desk 01/05/2025

The crypto market, while still slowed down, is seemingly stabilising after going through a rough April. Stepping into May, the markets are showing signs of consolidation. Bitcoin reflected a minor price dip of 0.17 percent to trade at $94,920. Bitcoin showed strong resilience at lower levels, fueled by continuing Bitcoin ETF inflows and increasing whale […]

NEWS DESK

Beat the gold price hike: Tanishq’s Akshaya Tritiya Offers provide smart buying options

PR News Desk 29/04/2025

As the golden festival of Akshaya Tritiya returns, Tanishq, India’s most loved jewellery brand from the Titan Company, has announced its “May Your New Beginnings Shine” campaign, inviting customers to celebrate the occasion with jewellery that embodies blessings, beauty, and heritage. Tanishq is offering patrons a host of celebratory offers across a wide range of […]

NEWS DESK

Gold hits historic high, bitcoin climbs as traders flee dollar : Century Financial

PR News Desk 22/04/2025

Bitcoin rallied to its highest level since Donald Trump’s “Liberation Day” tariff announcements as the dollar slumped amid renewed fears over the US president’s efforts to remove Federal Reserve Chairman Jerome Powell.  The largest cryptocurrency by market value jumped about 3% to top $88,900. That erased most of the losses sustained since Trump’s April 2 […]

NEWS DESK

What’s next as gold hits our USD 3,300 target– Saxo Bank MENA

PR News Desk 16/04/2025

An impressive 25% year-to-date rally has seen the spot gold price reach our 2025 target of USD 3,300 well ahead of schedule, raising the question of where do we go next? Gold has been on a tear since Q4 2022 when a triple bottom around USD 1,620 signalled the confirmation of a solid price floor […]