Ruthenium, a little-known metal, is quietly outpacing several major commodities thanks largely to the surge in artificial intelligence applications. Used in electronics and high-density data storage, ruthenium has climbed to about $800 an ounce, nearly doubling in price over the past year. Because it is not traded on major exchanges and is produced in very … Read more

Gold is down about 0.8% on the day, trading near $4,454 as of Tuesday afternoon. But the more significant development came from Frankfurt. The European Central Bank released its annual report on global reserve assets yesterday. The headline: gold now represents 27% of global official central bank reserves, ahead of US Treasuries at 22% and … Read more

Gold price dips below $3,350 on Friday after U.S. labor data showed stronger-than-expected job growth in May. The Nonfarm Payrolls report recorded 139,000 new jobs, above forecasts of 130,000. While the unemployment rate remained steady at 4.2%, the unexpected payroll increase gave the U.S. dollar a short-term boost, reducing immediate pressure on the Federal Reserve … Read more

Delta Air Lines is encountering unexpected headwinds in 2025, prompting the airline to halt its planned capacity expansion for the year and withdraw its financial guidance. Management cited weakening demand that has developed since mid-February, leading to a reassessment of revenue and capacity plans. CEO Ed Bastian singled out President Trump’s tariffs as “the wrong … Read more

London’s bullion market is under strain as banks scramble to borrow gold from central banks after a large transfer of metal to the United States. Over the past two months, COMEX warehouse stocks have risen by 12.2 million ounces — roughly a 70% increase — a surge driven in part by concerns about potential US … Read more

At the Jackson Hole conference, Federal Reserve Chair Jerome Powell addressed several structural shifts reshaping the U.S. economy. He noted that recent tariff increases are already pushing up prices in some goods categories: core goods inflation has risen 1.1% year-over-year after months of decline through 2024. Powell pointed to tighter immigration policies as a major … Read more

Gold remains on a strong upward trajectory, trading above $2,940 per ounce after marking eight straight weeks of gains. The rally is largely driven by heavy inflows into gold-backed exchange-traded funds (ETFs), which recorded their largest weekly additions since 2022. Institutional and retail investors have sought the metal as a hedge against uncertainty and as … Read more

Global gold markets are experiencing a pronounced upswing as spot gold rose 1.4% to a new record high of $2,903.08 per ounce, the seventh all-time high reached this year. Investors have pushed prices higher amid increased demand for safe-haven assets. The recent surge was triggered in part by President Trump’s announcement of new tariffs on … Read more

Gold has entered a healthy consolidation phase after recently reaching new highs, and this pause could last another month or two. The market is taking time to digest gains, build support, and set up for the next directional move rather than reversing immediately. Looking at the longer-term picture, this advance can be viewed as the … Read more

Oil prices recovered modestly on Thursday, with Brent crude up about 1% at $66.78 and U.S. West Texas Intermediate (WTI) gaining 1.2% to $63.02, rebounding after a roughly 2% slip in the previous session. The recent decline followed reports that several OPEC+ members are preparing to propose faster output increases for June. Traders are weighing … Read more