Commodities
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Gold slumps to $4,027 as oil rally revives inflation fears
Gold prices extended their previous session's slide on Friday, easing further after a 2% drop, as Brent crude's rebound above $100 a barrel fanned inflation worries and bolstered expectations of higher interest rates ahead of next week's Federal Reserve policy meeting.
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Gold gains to $4,126 as markets await Fed decision
Gold prices traded little changed on Thursday after touching a two-week high in the previous session, as escalating tensions in the Middle East boosted oil prices and heightened inflation concerns, while investors awaited next week's U.S. Federal Reserve policy meeting for signals on future interest rates.
Go to article Gold tops $4,050 on U.S.-Iran ceasefire hopes
Gold prices edged higher on Tuesday as investors assessed renewed diplomatic efforts between the United States and Iran, while also evaluating the potential impact of easing geopolitical tensions on inflation and the U.S. Federal Reserve's monetary policy.
Go to article Gold at $3,996 amid Iran-US tensions, oil price surge
Gold was steady on Friday, though the metal remained on pace for its steepest weekly drop in six weeks as intensifying US-Iran hostilities pushed oil prices upward, stoking inflation concerns and bolstering expectations of tighter US monetary policy.
Go to articleCommodities Markets
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BRENT CRUDE | 92.74 | 93.60 89.58 | -4.04 -4.17% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.55 -1.44% |
| ROTTERDAM COAL MONTHLY | 121.10 | 0.00 0.00 | 0.85 0.71% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 85.26 | 86.20 83.10 | -4.05 -4.53% |
| SUGAR #11 WORLD | 14.76 | 0.00 0.00 | -0.01 -0.07% |
| Gold Tola 24 Kt | 430,006.41 | 431,315.50 428,440.51 | 1228.23 0.29% |
| Gold | 4,104.02 | 4,115.98 4,091.22 | 10.30 0.25% |
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Pakistan Stock Movers
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