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Gold Falls as Dollar Rises amid Fed Signals

Gold prices dropped today, pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory.

Spot gold fell 0.5% to $2,732.90 per ounce. Prices hit a record high of $2,758.37 on Wedne…

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Oil Prices Slump More Than 4pc

Oil prices tumbled more than $3 a barrel today amid geopolitical tensions in the Middle East.

Both Brent and US West Texas Intermediate crude futures hit their lowest levels since 1 October 2024 at the open. Brent was at $72.88

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Dollar Rises Supported by US Bond Yields

The dollar rose today, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts

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