Oil prices rose sharply due to fears of disruptions in Russian oil supplies after hits on Russian territory. Expectations of lower interest rates in the US also positively affected global growth and fuel demand forecasts.
Bitcoin continues to fall, dropping to $112,943. 4. This comes amid reduced bets on interest rate cuts and a general deterioration in risk appetite.
Gold prices fell by 1. 8% for the week to $3340 per ounce. This is due to accelerating wholesale inflation in the US and expectations regarding interest rates.
Oil prices were little changed after falling earlier in trading. The US did not put further pressure on Russia to limit oil exports after the leaders' meeting.
US mortgage rates fell amid a weakening labor market, leading to an increase in demand for refinancing. The 30-year fixed-rate mortgage dropped to 6.67% as of August 8.
Gold prices are moderately rising after a fall, as investors await US inflation data. The spot price of gold rose by 0.1% to $3348.41 per ounce.
Bitcoin fell by 2. 8% to $118,630.4 on Tuesday, August 12, due to traders withdrawing funds from the market. This happened in anticipation of key inflation data from the US Consumer Price Index.
US gold futures hit a record high, exceeding $3534. 10, due to the imposition of tariffs on bullion imports. This caused a widening spread between futures and spot prices.
Gold prices are rising amid hopes for a Fed interest rate cut and Trump's statements about new tariffs. Spot gold and gold futures are showing growth in Asian trading.
Gold prices slightly decreased due to the strengthening dollar and investors' expectations of Trump's decisions regarding appointments to the Fed. Spot gold fell by 0.2%, futures by 0.1%.
Citi raised its gold price forecast to $3500 per ounce, anticipating a worsening US economy and inflation. This is due to new tariffs, a weakening dollar, and expectations of a Fed rate cut.
Bitcoin fell by 2. 5% to $115,540.9 amid growing concerns about US trade tariffs and high interest rates. The broader crypto market also shows a decline, awaiting US employment data.
Oil prices barely changed as fears of tariffs' impact on demand balanced the threat of supply disruption from Russia. Brent and WTI futures rose slightly, but are expected to increase by 4.9% and 6.4% respectively by the end of the week.
Credit strategists at Goldman Sachs Group Inc. are urging clients to hedge risks as global corporate bond yield premiums have reached their lowest level since July 2007. This comes amid slowing economic growth and no signals from the Fed about an imminent rate cut.
The US Federal Reserve kept the key interest rate at 4. 25-4.5%, ignoring President Trump's calls. The decision was made amid uncertainty caused by import tariffs.
Spot gold was at $3311. 33 an ounce, hitting its lowest level since July 9. This comes amid easing concerns about a global trade war and a strengthening dollar, which reduced gold's appeal as a safe-haven asset.
Brent and WTI crude futures fell after the US-EU trade deal, which averted a full-scale trade war. The market awaits the US Federal Reserve's decision on interest rates and negotiations between the US and China.
Wall Street's relentless rise this summer has pushed stock valuations close to record levels, prompting warnings of "euphoric" markets entering "bubble" territory. The S&P 500 index has reached historic peaks, and the cost of borrowing for US corporations has approached its lowest level in decades.
The median rent in the US has increased from $824 in 2008 to over $1300 in 2025, forcing Americans to spend a significant portion of their income on housing. On average, 38.3 hours of work per month are needed to cover rent, but in Vermont, this figure reaches 60.2 hours, and in New York, 90.2 hours.
The price on the spot gold market decreased by 0. 5% to $3350.08 per ounce. The strengthening of the US dollar and optimism regarding trade negotiations between the US and the EU are putting pressure on gold prices.
Spot gold prices rose 0. 6% to $3368.39 per ounce, while US gold futures rose 0.5% to $3376. This occurred amid a weakening dollar and expectations regarding trade talks and the Fed meeting.
G20 finance ministers in Durban signed a statement on the importance of central bank independence. This happened amid Donald Trump's criticism of US Federal Reserve Chairman Jerome Powell.
Gold prices rose 0. 4% to $3350.87 per ounce on Friday, while platinum reached its highest level since 2014. The US dollar weakened by 0.4%, and the EU approved the 18th package of sanctions against Russia.
Bitcoin surpassed $120,000 after the US House of Representatives approved three bills for a better regulatory framework for cryptocurrencies. President Trump is preparing to sign an executive order, which is a critical step towards a stable regulatory framework.
Gold prices fell by 0. 2% to $3340.79 per ounce due to a strengthening dollar and easing market tensions. This occurred after Donald Trump's statement about the "highly unlikely" dismissal of Fed Chairman Jerome Powell.
Gold prices rose to a three-week high, and silver approached a 14-year high, amid demand for safe-haven assets following Trump's tariff threats. Investors are awaiting US inflation data and a possible rate easing by the Fed.
Oil prices fell due to new Trump tariffs threatening global economic growth. Brent and WTI futures lost value, despite rising US crude oil inventories and record demand for air travel.
Gold prices fell in Asia due to a stronger dollar and uncertainty over US tariffs. US copper futures reached record highs after Trump threatened to impose a 50% tariff on red metal imports.
Gold prices stabilized after rising due to Trump's tariff threats, which stimulated demand for safe-haven assets. A stronger dollar limited further gains in metal prices.
Gold prices rose 0. 5% to $3343.07 per ounce, heading for a weekly gain of 2.1%. This comes amid a decline in the US dollar and uncertainty surrounding President Trump's trade deals.