Commodities
Gold slips to $4,061 as Iran conflict lifts oil, rate hike odds
Gold prices declined on Thursday, trading close to the previous session's one-week low, as escalating U.S.-Iran hostilities pushed oil prices higher and revived worries over inflation and the prospect of prolonged elevated interest rates.
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Gold under pressure as U.S. strikes on Iran lift oil
Gold prices fell on Wednesday, as renewed U.S. military action against Iran fanned fears of inflation and higher interest rates, even as the same tensions lifted oil and the dollar ahead of the Federal Reserve's June meeting minutes.
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Gold holds cautious tone before fed
Gold prices edged lower on Tuesday, pulling back from a two-week peak as investors adopted a cautious stance ahead of the release of the U.S. Federal Reserve's June policy meeting minutes, which are expected to provide fresh insight into the central bank's interest rate outlook under Chair Kevin Warsh.
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Commodities Markets
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BRENT CRUDE | 78.42 | 79.25 76.75 | 0.40 0.51% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -2.50 -2.31% |
| ROTTERDAM COAL MONTHLY | 119.00 | 119.50 118.50 | -0.60 -0.50% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 73.70 | 75.13 72.37 | 0.18 0.24% |
| SUGAR #11 WORLD | 15.01 | 15.09 14.89 | -0.10 -0.66% |
| Gold Tola 24 Kt | 431,969.25 | 432,782.36 424,948.62 | 4842.59 1.13% |
| Gold | 4,122.10 | 4,129.30 4,054.78 | 46.44 1.14% |
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Pakistan Stock Movers
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