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.
20 min ago18 min read
Kuwait reports missile and drone strikes, lifting oil prices
Kuwait's military says air defences are responding to Iranian missile and drone attacks, helping push oil prices higher.
03/09/2026 01:512 min read
An update from the nation's armed forces:
- Kuwaiti air defences are engaging Iranian missile and drone attacks
- any blasts audible are from defensive systems intercepting hostile objects
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This could challenge the more bearish oil developments we have seen:
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