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OPEC+ keeps output steady amid escalating geopolitical tensions
In Sunday's virtual meeting of its eight members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman- the OPEC+ decided to keep the oil output unchanged, while avoiding the discussions of the geopolitical crises affecting several of the producer group's members.
Oil markets and investors hold steady in the face of massive geopolitical uncertainty
Analysts and economists covering politics, oil, crypto, and risk say the Trump-Venezuela situation is not expected to hit the global economy or financial markets in any serious way when the trading floor opens Sunday night.Cryptopolitan
Sun, Jan 4
Gold Price Forecast: XAU/SD extends its recovery to the $4,400 area
Gold (XAU/USD) accelerated its recovery on a holiday-thinned session on Friday, with markets in Japan and China closed for the New Year festivities. The precious metal is 1.75% up on the day, reaching levels near $4,400, after bouncing from $4,274 earlier this week.
Fxstreet
Fri, Jan 2
Gold Price Forecast: XAU/USD extends rally above $4,350 on US rate cut bets, geopolitical tensions
Gold price (XAU/USD) extends the rally to near $4,375 during the early European session on Friday. The rally in the precious metal is supported by the growing expectations of further interest rate cuts from the US Federal Reserve (Fed) and safe-haven demand.Fxstreet
Fri, Jan 2
Gold Price Forecast: XAU/USD climbs to near $4,350 on Fed rate cut bets, geopolitical risks
Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. Gold finished 2025 with a significant rally, achieving an annual gain of around 65%, its biggest annual gain since 1979.Fxstreet
Fri, Jan 2
Gold Price Forecast: XAU/USD finds support at the $4,300 area
Gold (XAU/USD) depreciated more than 4%, from all-time highs at $4,555, on its weakest performance in months amid thin trading volumes on Monday. The pair is now trying to pick up from the $4,300 area, supported by a sourer market sentiment on Tuesday, amid escalating geopolitical tensions.Fxstreet
Tue, Dec 30
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