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Gold tumbles below $5,100 on strong US Dollar, Treasury yields
Gold price erased the previous day's gains on Thursday, hitting a two-day low as precious metals are pressured by high US Treasury yields and a strong US Dollar, underpinned by solid US jobs data. At the time of writing, XAU/USD trades at $5,069, down more than 1.35%.
Fxstreet
3 minutes ago
EXCLUSIVE-Trump tells Reuters US should have a role in choosing Iran's next leader, encourages Kurdish opposition
By Steve Holland WASHINGTON, March 5 (Reuters) - U.S. President Donald Trump told Reuters on Thursday that he wants the United States to play a role in choosing Iran's next leader and encouraged Kurdish opposition groups to go on the offensive.Trump said in a telephone interview it was very e...Reuters
13 minutes ago
EXCLUSIVE-Indian refiners buying prompt Russian oil as Iran war hits supplies, sources say
Iran conflict has disrupted India's Middle East crude shipmentsIndia gets 40% of its crude through Strait of HormuzIndian state refiners have bought 20 million barrels of prompt Russian oil, one source saysBy Nidhi Verma and Jarrett Renshaw NEW DELHI/WASHINGTON, March 5 (Reuters) - Indian ref...Reuters
14 minutes ago
Dubai's Al Khaleej sugar refinery still open for exports and imports
By Sarah El Safty and May AngelDUBAI/LONDON, March 5 (Reuters) - Dubai-based Al Khaleej Sugar, owner of the world's largest port-based sugar refinery, is operating normally and is still open for import and export, the company's managing director, Jamal Al-Ghurair, told Reuters on Thursday....Reuters
20 minutes ago
Flights for US citizens stuck in Middle East ramping up, State Dept says
By Simon Lewis WASHINGTON, March 5 (Reuters) - The U.S. State Department said on Thursday it was ramping up the provision of charter flights from the Middle East after criticism over the Trump administration's planning and initial assistance to U.S. citizens trying to leave the region since t...Reuters
24 minutes ago
In a few days it will be harder for Iran to disrupt shipping, Israeli envoy says
March 5 (Reuters) - Israel's ambassador to the United Nations said on Thursday that in a few days it would be much harder for Iran to disrupt vessels coming through the Strait of Hormuz and that the volume of missiles Tehran was firing was already falling.Speaking to reporters at the United Nati...Reuters
27 minutes ago
EXCLUSIVE-Trump tells Reuters he backs Kurds launching Iran offensive
March 5 (Reuters) - U.S. President Donald Trump told Reuters during a telephone interview on Thursday that he backs the Kurds launching an Iran offensive."I think it's wonderful that they want to do that, I'd be all for it," Trump said. When asked if the United States would provide o...Reuters
37 minutes ago
Citgo's profit rose to $452 million in 2025 amid higher margins
HOUSTON, March 5 (Reuters) - U.S. refiner Citgo Petroleum saw a 48%-increase in its net profit to $452 million last year, the company reported on Thursday, helped by improved refining margins and an annual crude processing record of 760,000 barrels per day (bpd).The seventh largest U.S. refiner, own...Reuters
40 minutes ago
GRAINS-Chicago grains rise alongside crude oil with focus on Iran conflict
Wheat, corn and soybeans recoup Wednesday's small lossesFresh crude oil rally keeps focus on Iran conflictHigher dollar and ample grain supply curb price gainsBy Heather Schlitz CHICAGO, March 5 (Reuters) - Chicago grain and soybean futures lifted on Thursday, supported by higher crude oil pr...Reuters
54 minutes ago
Silver Price Forecast: XAG/USD declines amid strong US economic data, rising USD
Silver (XAG/USD) trades lower on Thursday, falling toward $82.20 at the time of writing, down 1.18% on the day. The precious metal is under pressure as the US Dollar (USD) rebounds following the release of stronger-than-expected US economic data.
Fxstreet
an hour ago
Oil jumps more than 3% on supply concerns as Iran conflict widens
US-Israeli conflict with Iran disrupts oil supplies, shippingIraq cuts output by 1.5 million bpd due to storage, export issuesAttacks on oil tankers in Gulf, Chinese fuel export cuts push prices higherBy Georgina McCartney HOUSTON, March 5 (Reuters) - Oil prices jumped more than 3% on Thursda...Reuters
an hour ago
EXCLUSIVE-Uniper holds LNG talks with Canada as Berlin seeks to cut US reliance, sources say
Talks take place in context of submarine tender, sources sayMove reflects concerns that Germany is too reliant on US LNGIran war has highlighted energy supply risksBy Christoph Steitz and Marwa Rashad FRANKFURT/LONDON, March 5 (Reuters) - State-owned German energy group Uniper UN0k.DE is holding ...Reuters
an hour ago
PRECIOUS-Gold falls as rising yields, firm dollar eclipse safe‑haven demand
Bombing of Tehran intensifies as war enters day sixFed report says US economic activity rose a bit in recent weeksUS weekly jobless claims unchanged last weekFebruary US employment report due on FridayBy Anmol Choubey March 5 (Reuters) - Gold prices reversed course on Thursday, erasing earlier ga...Reuters
an hour ago
In a few days it will be harder for Iran to disrupt shipping-Israeli envoy
March 5 (Reuters) - Israel's ambassador to the United Nations Danny Danon told reporters on Thursday that in a few days it would be much harder for Iran to disrupt vessels coming through the Strait or Hormuz.Reuters
an hour ago
LPG tankers redirect to US as Iran crisis escalates
HOUSTON, March 5 (Reuters) - Tankers set to load liquefied petroleum gas from the Middle East redirected to fill up in the United States, ship tracking data showed, the latest signs of shipping and supply disruptions stemming from an escalating U.S.-Israeli war with Iran. Here are some details:Tanke...Reuters
an hour ago
Americas, Africa heavy crude prices jump as Iran conflict disrupts Mideast markets
Iran crisis disrupts Middle East oil exports, refiners seek alternativesFlagship Gulf sour crude prices at highest in nearly six yearsHigh freight costs may limit US oil exports despite demandBy Arathy Somasekhar, Georgina McCartney and Amanda Stephenson HOUSTON, March 5 (Reuters) - Prices for he...Reuters
an hour ago
Erdogan tells Macron Turkey seeking return to negotiations on Iran
ISTANBUL, March 5 (Reuters) - President Tayyip Erdogan told his French counterpart Emmanuel Macron by phone that Turkey is making intensive efforts to strengthen the ground for diplomacy and a return to negotiations on Iran, Erdogan's office said on Thursday."Erdogan said that the prolongati...Reuters
2 hours ago
Farmers expected to boost canola area beyond Statistics Canada intentions report
Farmers may increase canola planting due to rising pricesFertilizer price spike influences crop choices amid geopolitical tensionsChina reduces tariffs on Canadian canola and peas, easing market accessBy Ed White WINNIPEG, Manitoba, March 5 (Reuters) - Canadian farmers might plant more canola acr...Reuters
2 hours ago
Trafigura, Venezuelan mining firm sign deal for up to 1,000 kg of gold, Axios reports
March 5 (Reuters) - Venezuela's state-owned mining company has signed a multimillion-dollar deal to sell as much as 1,000 kg of gold dore bars to commodities trader Trafigura for U.S. markets, Axios reported on Wednesday, citing two sources familiar with the deal.The deal requires Venezuelan min...Reuters
2 hours ago
