Gold

NEWS DESK

Gold Pulls Back, Oil Drops, Markets Slide as Tariff Turmoil Grows – Century Financial

PR News Desk 04/04/2025

Gold retreated from its recent peak, impacted by market pessimism stemming from President Trump’s aggressive tariff policy. After reaching a record high of $3,167 per ounce on Thursday, prices declined as the potential global economic repercussions of the tariffs became evident.

NEWS DESK

Gold Gains Nearly 19% YTD as Trade and Rate Uncertainty Persist – Century Financial

PR News Desk 02/04/2025

WTI crude oil futures fell below $71 per barrel on Wednesday as markets braced for US reciprocal tariffs that could escalate the global trade war. The White House did not disclose details on the size or scope of the tariffs but stated they would take effect immediately after being unveiled on Wednesday. President Trump also […]

NEWS DESK

Gold Hits Record Highs Amid Inflation Fears; US Equities Face Volatility with Tech Sector Declines –  Saxo Bank MENA

PR News Desk 25/03/2025

Commodities Gold set multiple new records, peaking above $3,055/oz on Mar 19, driven by inflation fears and geopolitical tensions. Copper surged above $5.20/lb on Mar 19, influenced by tariff-driven supply disruptions. Crude fluctuated, impacted by Middle East tensions and sanctions risks, trading near $70/bbl late week. Equities Digital Assets Bitcoin fluctuated around

NEWS DESK

Gold rose by 0.18% today – Century Financial

PR News Desk 19/03/2025

WTI crude oil futures extended its recent decline toward $66 per barrel on Wednesday, pressured by prospects of increased Russian supply.This follows President Putin’s agreement to halt attacks on Ukrainian energy sites while rejecting a 30-day ceasefire. The potential lifting of Russian sanctions added to concerns over a surplus, as OPEC and its allies plan […]

NEWS DESK

Oil prices dip amid rising geopolitical tensions; Gold hits record high as Middle East conflicts escalate –  Saxo Bank MENA

PR News Desk 19/03/2025

Commodities Equities FX Macro Fixed Income

NEWS DESK

Gold holds steady despite deleveraging risks in volatile markets- Saxo Bank MENA

PR News Desk 12/03/2025

The “Magnificent Seven” tech stocks—Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla—were, until very recently, the crown jewels of Wall Street, driving much of the market’s gains in 2024 while pulling in billions of dollars from overseas investors looking to join a period of US exceptionalism. However, the tide has turned dramatically in

NEWS DESK

US Trade Uncertainty Drives Volatility in Crude Oil and Gold Prices – Century Financial

PR News Desk 10/03/2025

Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is real—but temporary. Brent crude briefly dipped near $69 per barrel as markets reacted to OPEC+’s decision to gradually increase output starting in April, while ongoing tariff drama from Washington continues to rattle demand expectations. Higher flows from Kazakhstan and […]

Gadgets UAE

Caviar unveils customised iPhone range in Dubai

News Desk 09/03/2025

Including gold-plated version Dubai-based tech-luxury brand, Caviar, has launched some of its most extravagant customised iPhone models in the UAE, including a gold-encrusted version and a stunning device adorned with an authentic tourbillon function. The Tourbillon Carbon Gold, one of the most expensive iPhones available in the UAE, is at the heart of Caviar’s Dubai

NEWS DESK

Gold Near All-Time High as Investors Brace for Impact of Tariffs and Economic Data 

PR News Desk 06/03/2025

Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however, tariff uncertainties and a rising supply outlook capped gains. Brent futures were trading up 39 cents, or 0.56%, at $69.69 a barrel by 0416 GMT, while U.S. West Texas Intermediate crude (WTI) futures climbed 39 cents, or 0.59%, to […]

NEWS DESK

Oil Drops, Bitcoin Stabilizes, Gold Surges Amid Trade Fears – Century Financial

PR News Desk 05/03/2025

Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns that US tariffs on Canada, Mexico and China will slow economic growth and hit fuel demand. The Organization of the Petroleum Exporting Countries and its allies including Russia, a group known as OPEC+, […]

NEWS DESK

Stagflation and geopolitical tensions fuel renewed demand for gold – Saxo Bank MENA

PR News Desk 05/03/2025

Global financial markets are on both a technical and an emotional edge as Trump’s tariffs have gone forward, and speculation swirls that he will announce something particularly dramatic in a speech later today. Given the recent movements across the US stock market and the dollar—which has weakened instead of rising—there is growing speculation that we […]

NEWS DESK

Gold Prices Edge Higher Amid Economic Uncertainty, With Focus on US Data and Fed’s Next Move

PR News Desk 26/02/2025

Gold prices have edged slightly higher after a sharp decline from near all-time highs yesterday as economic uncertainty and ongoing fears of instability around Donald Trump’s tariff plans provide some support to the yellow metal as a safe-haven asset. However, movements remain more or less rangebound. The US consumer confidence fell the most since August […]

NEWS DESK

Crude Oil, Bitcoin and Gold Face Market Pressures Amid Global Uncertainty and Technical Challenges – Century Financial

PR News Desk 24/02/2025

Hedge funds are turning less optimistic on crude oil’s prospects, trimming net-bullish bets in a further sign of market softening.Net-long positions for US marker West Texas Intermediate fell for a fourth week to the lowest since October. The corresponding measure for global benchmark Brent was dialed back by the most since December in a third […]

NEWS DESK

Gold Near Record Highs Amid Geopolitical Tensions; Markets Soar as S&P 500 and Nasdaq Hit Records – Saxo Bank

PR News Desk 20/02/2025

Macro: Commodities ·       Gold hovered near record highs at $2,935 an ounce due to geopolitical tensions, despite the Fed’s rate stance. Concerns grew as Trump suggested pulling US support for Ukraine after Russia’s 2022 invasion, urging Zelenskiy to swiftly negotiate with Russia. ·       Oil prices

NEWS DESK

Gold Hits All-Time High as Safe-Haven Demand Grows Amid Geopolitical Tensions – Century Financial

PR News Desk 20/02/2025

Oil prices steadied following a series of modest gains, as an industry report highlighted another increase in US crude stockpiles, adding to the ongoing uncertainty over global supplies. The industry-funded American Petroleum Institute reported a 3.3 million-barrel increase in US commercial inventories last week, which would be the fourth week of builds if confirmed by

NEWS DESK

COT Report: Crude, Gold and Grains See Mild Profit Taking– Saxo Bank MENA

PR News Desk 19/02/2025

Forex: In the forex market, speculators sold USD at an accelerated pace, leaving the gross long versus eight IMM futures down 15% on the week but still at an elevated level of USD 26.5 billion. All the major currencies, except EUR, saw net buying, led by strong demand for JPY, which lifted the net long […]

NEWS DESK

Gold Retreats from Record Highs, Silver Sees Volatility, and Crude Oil Holds Near Lows – Saxo Bank

PR News Desk 17/02/2025

Macro data and headlines Commodities ·         Gold suffered a sharp correction Friday after testing the all-time highs of 2,942, dropping back as far as 2,877 Friday, but rebounding back above 2,900 into this morning ·         Silver pumped and dumped Friday, clearing a critical resistance

NEWS DESK

Crude Oil, Gold & Bitcoin React to U.S. Tariffs – Century Financial

PR News Desk 03/02/2025

WTI crude oil futures rose to around $73.9 per barrel on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising concerns about potential supply disruptions. The U.S. announced tariffs of 25% on goods from Canada and Mexico, and 10% on those from China, set to take effect on Tuesday. Canadian […]

NEWS DESK

COT Report: Commodity buying extends to fourth week, driven by crude, gas, and gold – Saxo Bank MENA

PR News Desk 27/01/2025

Forex: In forex, speculators responded to emerging USD weakness by turning net sellers of the greenback for the first time in seven weeks. Overall, however, the response to the 1.1% drop in the Dollar Index was mixed, with light net selling of EUR, CHF, and GBP being more than offset by heavy buying of JPY […]

NEWS DESK

Gold and silver see fresh gains as Trump 2.0 era begins– Saxo Bank MENA

PR News Desk 23/01/2025

In forex, speculators ended the year holding a USD 32.3 billion net long USD position versus eight Gold and silver prices have both benefited from the increased uncertainty caused by a wave of Trump announcements following his inauguration, including tariffs, with investors also evaluating their inflationary impact and effects on monetary policies. The latest run-up […]