Gold Under Pressure as US-Iran Tensions Rise and CPI Looms
Gold under pressure from US-Iran tensions and Fed rate hike expectations; key US CPI report on Friday.
09/09/2026 09:449 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Gold returns above $4,400; technical strength questioned
Gold recovered above $4,400 on a 1% gain, but technical resistance and bond yield headwinds limit upside.
09/09/2026 07:429 min read
Oil prices approach $100 as US-Iran tensions rise, with post-breach risk the bigger worry
Oil prices near $100 as US-Iran tensions persist, with the bigger risk seen if prices stay above that level.
09/09/2026 05:038 min read
US forces destroy five Iranian oil tankers; Asia equities climb on AI hopes
US forces destroyed five Iranian crude oil tankers in response to an IRGC attack; Asia stocks rose on AI optimism; US-Canada trade war escalated.
09/09/2026 03:4315 min read
Iran announces missile strikes on US Navy ships and oil tankers in Gulf
Iran's Revolutionary Guard claimed ballistic missile strikes on two US destroyers and attacks on 18 commercial and oil vessels in the Strait of Hormuz, with…
09/09/2026 02:5114 min read
Central bank demand underpins UBS's long-term bullish stance on gold
UBS says gold's recent weakness reflects Fed rate expectations, while central bank buying and fiscal concerns support the metal's long-term case.
09/09/2026 02:2318 min read
Gold Drops on Iran Strikes as Rate Fears Trump Geopolitical Risk
Gold falls on Middle East escalation as inflation and Fed rate hike fears override safe-haven demand.
09/09/2026 02:0521 min read
Brent crude's bigger Gulf reaction highlights benchmark differences
Brent crude's stronger reaction to Iran's missile strikes on US bases illustrates why it differs from WTI for geopolitical risk.
09/09/2026 00:4119 min read
Iran Fires Ballistic Missiles at US Bases in Jordan in Escalation
Iran launched over 30 ballistic missiles at US bases in Jordan after US forces struck Iranian tankers, escalating the Gulf conflict.
08/09/2026 22:5117 min read
Blasts reported on Iran's key oil island as crude tests highs
Reports of explosions on Iran's Kharg Island, a key oil export hub, as WTI crude tests July highs.
08/09/2026 19:012 min read
Oil Retreats After Breakout Above June High Fails
Oil rose to $94.37 before falling to $92.30, with a false breakout above the June high. Geopolitical events failed to sustain gains.
08/09/2026 18:225 min read
Jeddah airport said to halt flights as Saudi tensions mount
Reports said flights at Jeddah airport were suspended as Saudi-Houthi clashes intensified and oil prices climbed to $94.73.
08/09/2026 17:139 min read
Brent Crude Tops $100 for First Time in Three Months
Brent crude topped $100 a barrel for the first time in three months after Houthi attacks on Saudi oil sites.
08/09/2026 13:309 min read
China purchased 20.2 metric tons of gold in August, largest in 22 months
Gold reserves held by the People's Bank of China climbed by 650,000 ounces in August, marking the biggest monthly increase since October 2023. The purchase…
08/09/2026 12:284 min read
Oil surges on Houthi strikes; German trade surplus widens
Oil prices rose 2.66% after Houthi attacks on Saudi energy sites; German trade surplus widened sharply to €21.3 billion in July.
08/09/2026 11:428 min read