1 hr. ago
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Silver (SI=F) September futures opened at $58.65 per ounce on Monday, August 3, 2026, up 1.5% from Friday's closing price. Yet, the silver price moved lower this morning, reaching $58.03 as of 8:23 a.m. ET.
After back-and-forth airstrikes over the last couple of weeks, the U.S. paused planned attacks on Iran for the second weekend in a row in an effort to restart peace talks. According to President Trump, widespread airstrikes planned for Sunday night were put on pause after U.S. allies in the Middle East urged the president to de-escalate.
As a result, silver prices opened higher than Friday's closing price but are edging lower this morning.
De-escalation is an essential first step to get both countries back to the negotiating table, but it won't be enough to relieve the continued threat of higher energy prices as long as the Strait of Hormuz remains effectively closed to shipping traffic.
#morning
Silver (SI=F) September futures opened at $58.65 per ounce on Monday, August 3, 2026, up 1.5% from Friday's closing price. Yet, the silver price moved lower this morning, reaching $58.03 as of 8:23 a.m. ET.
After back-and-forth airstrikes over the last couple of weeks, the U.S. paused planned attacks on Iran for the second weekend in a row in an effort to restart peace talks. According to President Trump, widespread airstrikes planned for Sunday night were put on pause after U.S. allies in the Middle East urged the president to de-escalate.
As a result, silver prices opened higher than Friday's closing price but are edging lower this morning.
De-escalation is an essential first step to get both countries back to the negotiating table, but it won't be enough to relieve the continued threat of higher energy prices as long as the Strait of Hormuz remains effectively closed to shipping traffic.
#morning
1 hr. ago
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Gold (GC=F) December futures opened at $4,135.20 per troy ounce on Monday, August 3, 2026, up 0.7% from Friday's closing price. As of 7:58 a.m. ET, the price of gold edged down to $4,111.50
Gold prices this morning opened higher than Friday's closing price, but are edging lower in early trading as markets ***** s President Trump's announcement that the U.S. decided to pause extended airstrikes in Iran planned for Sunday night after U.S. allies in the Middle East asked the president to de-escalate.
Leaders in Iran, however, said they are not yet in active negotiations with the U.S., and claim they are currently only in talks with Oman regarding the Strait of Hormuz.
Pausing the airstrikes was certainly an important first step to get both countries back to the negotiating table, but peace talks will have to progress appreciably for inflation concerns to see any sustained reduction.
#president #airstrikes #advertiser
Gold (GC=F) December futures opened at $4,135.20 per troy ounce on Monday, August 3, 2026, up 0.7% from Friday's closing price. As of 7:58 a.m. ET, the price of gold edged down to $4,111.50
Gold prices this morning opened higher than Friday's closing price, but are edging lower in early trading as markets ***** s President Trump's announcement that the U.S. decided to pause extended airstrikes in Iran planned for Sunday night after U.S. allies in the Middle East asked the president to de-escalate.
Leaders in Iran, however, said they are not yet in active negotiations with the U.S., and claim they are currently only in talks with Oman regarding the Strait of Hormuz.
Pausing the airstrikes was certainly an important first step to get both countries back to the negotiating table, but peace talks will have to progress appreciably for inflation concerns to see any sustained reduction.
#president #airstrikes #advertiser
5 days ago
The United States resumed airstrikes inside Iran Wednesday night in retaliation for Tehran's attempted surprise ballistic-missile attack on American forces, as an Iran expert warned that the regime has become increasingly willing to test Washington despite its weakened military capabilities.
"The strikes are a powerful response to yesterday's attempted Iranian attack on U.S. forces based in the Middle East," U.S. Central Command said as the new operation began, according to The **** ociated Press.
The renewed strikes marked the first U.S. attacks inside Iran since President Donald Trump paused the bombing campaign Friday after 13 consecutive nights to allow diplomacy another chance. Iran's missile launch shattered that brief pause and returned the conflict to direct exchanges between Washington and Tehran.
Trump had signaled the retaliation earlier Wednesday, saying the United States would hit Iran "very hard."
Army Ids 2 Victims Killed In Jordan Air Base Attack; Trump: Iran Will Pay 'Many Times Over'
#wednesday #washington
"The strikes are a powerful response to yesterday's attempted Iranian attack on U.S. forces based in the Middle East," U.S. Central Command said as the new operation began, according to The **** ociated Press.
The renewed strikes marked the first U.S. attacks inside Iran since President Donald Trump paused the bombing campaign Friday after 13 consecutive nights to allow diplomacy another chance. Iran's missile launch shattered that brief pause and returned the conflict to direct exchanges between Washington and Tehran.
Trump had signaled the retaliation earlier Wednesday, saying the United States would hit Iran "very hard."
Army Ids 2 Victims Killed In Jordan Air Base Attack; Trump: Iran Will Pay 'Many Times Over'
#wednesday #washington
6 days ago
By Nicole Jao
NEW YORK, July 29 (Reuters) - Oil prices climbed 7% on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as U.S. government data showed crude inventories fell to a multi-year low.
Brent futures were up $6.16, or 7.33%, at $90.25 a barrel by 11:36 a.m. ET (1536 GMT). U.S. West Texas Intermediate crude gained $5.40, or 6.81%, to $84.65 a barrel.
"Renewed military strikes in the Middle East and Iranian officials reiterating that they want to control shipping activity through the Strait of Hormuz amid depressed oil flows through the strait are lifting oil prices again," UBS ******* yst Giovanni Staunovo said.
The U.S. and Saudi Arabia launched strikes on Iran-backed groups in Iraq on Wednesday, blaming them for drone attacks on Saudi oil facilities.
#middle #east
NEW YORK, July 29 (Reuters) - Oil prices climbed 7% on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as U.S. government data showed crude inventories fell to a multi-year low.
Brent futures were up $6.16, or 7.33%, at $90.25 a barrel by 11:36 a.m. ET (1536 GMT). U.S. West Texas Intermediate crude gained $5.40, or 6.81%, to $84.65 a barrel.
"Renewed military strikes in the Middle East and Iranian officials reiterating that they want to control shipping activity through the Strait of Hormuz amid depressed oil flows through the strait are lifting oil prices again," UBS ******* yst Giovanni Staunovo said.
The U.S. and Saudi Arabia launched strikes on Iran-backed groups in Iraq on Wednesday, blaming them for drone attacks on Saudi oil facilities.
#middle #east
13 days ago
The dollar index (DXY00) is up by +0.17% today. The dollar is moving higher today as escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar. The dollar also received some safe-haven support today on signs of widening of the conflict in the Middle East after Houthi rebels said they will impose a maritime blockade on Saudi Arabia in retaliation for what they say is the kingdom's siege on the Yemeni capital. Strength in stocks today has reduced liquidity demand for the dollar, limiting gains in the currency.
Today's US economic news was slightly negative for the dollar after the Jun leading indicators fell -0.2% m/m, weaker than expectations of -0.1% m/m.
Dollar Supported by Higher T-Note Yields and Crude Prices
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The US conducted a ninth straight day of airstrikes on Iran, bombing military targets and communications networks, and Iran retaliated by launching drones and missiles at US bases in Kuwait, Jordan, Bahrain, and Iraq. The New York Times reported that the US is sending more warplanes to the Middle East, including F-35 and F-16 fighter jets. However, crude prices fell from their highs after Iran said it wouldn't abandon diplomacy and that Qatar and Pakistan had reached out to mediate an end to the conflict and proposed a 10-day cessation of strikes between the US and Iran.
#crude
Today's US economic news was slightly negative for the dollar after the Jun leading indicators fell -0.2% m/m, weaker than expectations of -0.1% m/m.
Dollar Supported by Higher T-Note Yields and Crude Prices
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The US conducted a ninth straight day of airstrikes on Iran, bombing military targets and communications networks, and Iran retaliated by launching drones and missiles at US bases in Kuwait, Jordan, Bahrain, and Iraq. The New York Times reported that the US is sending more warplanes to the Middle East, including F-35 and F-16 fighter jets. However, crude prices fell from their highs after Iran said it wouldn't abandon diplomacy and that Qatar and Pakistan had reached out to mediate an end to the conflict and proposed a 10-day cessation of strikes between the US and Iran.
#crude
15 days ago
DUBAI, United Arab Emirates (AP) — The United States conducted a new round of airstrikes early Monday targeting Iran after announcing the death of another American service member, hitting around a northwestern city believed to be home to underground missile bases. Iran responded by launching an attack targeting Bahrain, the home of the U.S. Navy's 5th Fleet, and Kuwait.
The latest attacks again showed how, step by step, the U.S. and Iran have inched closer to all-out war as last month's interim deal meant to permanently end the fighting has crumbled and shipping traffic in the Strait of Hormuz has largely stalled. Both sides have targeted civilian infrastructure relied on by millions of people.
Meanwhile, benchmark Brent crude rose Monday above $90 a barrel, further fueling a global energy crisis sparked by the conflict. An average gallon of regular gasoline in the U.S. also rose to $4, a key metric for Americans that puts more pressure on their wallets ahead of midterm elections this fall.
The U.S. military said the service member was killed in Iraq on Saturday during the "controlled detonation" of a downed Iranian drone.
"We hit them very hard again tonight," U.S. President Donald Trump said. "And we did that in honor of the" soldiers killed, he said.
The latest attacks again showed how, step by step, the U.S. and Iran have inched closer to all-out war as last month's interim deal meant to permanently end the fighting has crumbled and shipping traffic in the Strait of Hormuz has largely stalled. Both sides have targeted civilian infrastructure relied on by millions of people.
Meanwhile, benchmark Brent crude rose Monday above $90 a barrel, further fueling a global energy crisis sparked by the conflict. An average gallon of regular gasoline in the U.S. also rose to $4, a key metric for Americans that puts more pressure on their wallets ahead of midterm elections this fall.
The U.S. military said the service member was killed in Iraq on Saturday during the "controlled detonation" of a downed Iranian drone.
"We hit them very hard again tonight," U.S. President Donald Trump said. "And we did that in honor of the" soldiers killed, he said.
15 days ago
DUBAI, United Arab Emirates — The United States announced another death of a service member as it launched more airstrikes at Iran on Sunday in response to the killing of U.S. troops, and Iran fired missiles toward Jordan that risked widening the conflict into neighboring Israel.
Step by step, the U.S. and Iran have returned closer to all-out war as last month's interim deal meant to permanently end the fighting has crumbled and shipping traffic in the Strait of Hormuz has largely stalled. Both sides have targeted civilian infrastructure relied on by millions of people.
The U.S. military said the service member was killed in Iraq on Saturday during the "controlled detonation" of a downed Iranian drone.
Earlier, the military said its strikes targeted Iran's paramilitary Revolutionary Guard to retaliate for Friday's killing of troops in Jordan. One service member was missing after that attack, and the military's new statement said "unidentified remains" were found Sunday and were being examined. Since the war began, 17 U.S. service members have been killed.
The renewed exchanges of fire, now in their second week, have seen the U.S. target bridges, water desalination plants and electrical facilities in Iran. Tehran has hit U.S.-allied countries throughout the Middle East.
Step by step, the U.S. and Iran have returned closer to all-out war as last month's interim deal meant to permanently end the fighting has crumbled and shipping traffic in the Strait of Hormuz has largely stalled. Both sides have targeted civilian infrastructure relied on by millions of people.
The U.S. military said the service member was killed in Iraq on Saturday during the "controlled detonation" of a downed Iranian drone.
Earlier, the military said its strikes targeted Iran's paramilitary Revolutionary Guard to retaliate for Friday's killing of troops in Jordan. One service member was missing after that attack, and the military's new statement said "unidentified remains" were found Sunday and were being examined. Since the war began, 17 U.S. service members have been killed.
The renewed exchanges of fire, now in their second week, have seen the U.S. target bridges, water desalination plants and electrical facilities in Iran. Tehran has hit U.S.-allied countries throughout the Middle East.
16 days ago
DUBAI, United Arab Emirates (AP) — The U.S. military launched airstrikes Sunday targeting Iran's paramilitary Revolutionary Guard to retaliate for the killing of American troops in Jordan, further widening crossfire between the nations as an interim deal seeking an end to their war has collapsed.
The strikes are part of a weeklong campaign that began with a struggle over control of the Strait of Hormuz and has seen Iran strike U.S.-allied countries across the Middle East.
The U.S. has targeted bridges, electrical facilities and other targets in Iran, and Tehran has retaliated by hitting power and desalination plants in Kuwait, threatening daily life in that small, oil-rich desert nation. Iran also has stepped up its threats to further expand the strikes, drawing a warning overnight from the United Arab Emirates.
Kuwait and Bahrain again activated air defenses Sunday morning as they warned of incoming Iranian drones and missiles.
The U.S. military's Central Command in its statement also said it hit "Iranian military coastal surveillance and air defense facilities, maritime capabilities and missile and drone storage sites." It also said for the first time it specifically targeting the Guard, a key power base in Iran's theocracy that controls its ballistic missile **** nal.
The strikes are part of a weeklong campaign that began with a struggle over control of the Strait of Hormuz and has seen Iran strike U.S.-allied countries across the Middle East.
The U.S. has targeted bridges, electrical facilities and other targets in Iran, and Tehran has retaliated by hitting power and desalination plants in Kuwait, threatening daily life in that small, oil-rich desert nation. Iran also has stepped up its threats to further expand the strikes, drawing a warning overnight from the United Arab Emirates.
Kuwait and Bahrain again activated air defenses Sunday morning as they warned of incoming Iranian drones and missiles.
The U.S. military's Central Command in its statement also said it hit "Iranian military coastal surveillance and air defense facilities, maritime capabilities and missile and drone storage sites." It also said for the first time it specifically targeting the Guard, a key power base in Iran's theocracy that controls its ballistic missile **** nal.
16 days ago
The U.S. military unleashed airstrikes against Iran on Saturday evening in retaliation for Tehran hitting two military bases in Jordan a day prior, during which two U.S. service members were killed, the U.S. Central Command announced (Centcom).
The new wave of strikes began at 6 p.m. EDT in what U.S. officials said was an effort to further degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz and "punish" the Islamic Revolutionary Guard Corps forces who launched missiles and drones against U.S. soldiers in Jordan on Friday.
Apart from the U.S. service members who were killed in action in Jordan, one service member is currently missing, according to Centcom. The U.S. military death toll has now risen to 16 since the start of the conflict.
Four U.S. service members were medically evacuated to Jordanian hospitals and they have been discharged since. Other personnel who sustained "minor injuries" have returned to duty, according to the U.S. military.
"Godspeed, heroes. Their sacrifice only stiffens our resolve," Defense Secretary Pete Hegseth said on Saturday.
The new wave of strikes began at 6 p.m. EDT in what U.S. officials said was an effort to further degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz and "punish" the Islamic Revolutionary Guard Corps forces who launched missiles and drones against U.S. soldiers in Jordan on Friday.
Apart from the U.S. service members who were killed in action in Jordan, one service member is currently missing, according to Centcom. The U.S. military death toll has now risen to 16 since the start of the conflict.
Four U.S. service members were medically evacuated to Jordanian hospitals and they have been discharged since. Other personnel who sustained "minor injuries" have returned to duty, according to the U.S. military.
"Godspeed, heroes. Their sacrifice only stiffens our resolve," Defense Secretary Pete Hegseth said on Saturday.
18 days ago
August WTI crude oil (CLQ26) on Wednesday closed up +0.26 (+0.33%), and August RBOB gasoline (RBQ26) closed up +0.0736 (+2.28%).
Crude oil and gasoline prices settled higher on Wednesday, with gasoline up sharply at a 7-week high. Crude prices found support after the US launched airstrikes against Iran for a fifth day on Wednesday in response to Iranian attacks on shipping in the Strait of Hormuz, which threatens to curb flows through the waterway and reduce global oil supplies.
Short Seller Hunterbrook Attacked Bloom Energy's Supply-Chain Claims. BE Stock Is Bruised, But Not Broken.
Crude Oil Prices Rise as US-Iran Hostilities Continue
Crude Oil Prices Erase Early Gains on a Bearish EIA Inventory Report
Crude oil and gasoline prices settled higher on Wednesday, with gasoline up sharply at a 7-week high. Crude prices found support after the US launched airstrikes against Iran for a fifth day on Wednesday in response to Iranian attacks on shipping in the Strait of Hormuz, which threatens to curb flows through the waterway and reduce global oil supplies.
Short Seller Hunterbrook Attacked Bloom Energy's Supply-Chain Claims. BE Stock Is Bruised, But Not Broken.
Crude Oil Prices Rise as US-Iran Hostilities Continue
Crude Oil Prices Erase Early Gains on a Bearish EIA Inventory Report
18 days ago
August WTI crude oil (CLQ26) today is down -0.54 (-0.68%), and August RBOB gasoline (RBQ26) is up +0.0206 (+0.64%).
Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance and turned lower today on a bearish weekly EIA inventory report. Crude prices initially moved higher today after the US launched airstrikes against Iran for a fifth day today in response to Iranian attacks on shipping in the Strait of Hormuz, which threatens to reduce global oil supplies from the region.
Short Seller Hunterbrook Attacked Bloom Energy's Supply-Chain Claims. BE Stock Is Bruised, But Not Broken.
Crude Oil Prices Rise as US-Iran Hostilities Continue
Why Wednesday Is a Case of Same Story, Different Part of the World
Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance and turned lower today on a bearish weekly EIA inventory report. Crude prices initially moved higher today after the US launched airstrikes against Iran for a fifth day today in response to Iranian attacks on shipping in the Strait of Hormuz, which threatens to reduce global oil supplies from the region.
Short Seller Hunterbrook Attacked Bloom Energy's Supply-Chain Claims. BE Stock Is Bruised, But Not Broken.
Crude Oil Prices Rise as US-Iran Hostilities Continue
Why Wednesday Is a Case of Same Story, Different Part of the World
18 days ago
The dollar index (DXY00) is down by -0.12% today. The dollar is under pressure today after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 11% from 43% on Monday, further weighing on the dollar.
Losses in the dollar are limited amid escalating hostilities in the Middle East that are boosting safe-haven demand for the dollar after US forces launched airstrikes against Iran today for a fifth day. Also, the Jul Empire manufacturing survey general business conditions report rose more than expected, a supportive factor for the dollar.
Dollar Falls and Gold Rallies as US CPI Trails Estimates
Dollar Declines on a Benign US CPI Report
Dollar Falls with Bond Yields on Favorable US Producer Prices
Losses in the dollar are limited amid escalating hostilities in the Middle East that are boosting safe-haven demand for the dollar after US forces launched airstrikes against Iran today for a fifth day. Also, the Jul Empire manufacturing survey general business conditions report rose more than expected, a supportive factor for the dollar.
Dollar Falls and Gold Rallies as US CPI Trails Estimates
Dollar Declines on a Benign US CPI Report
Dollar Falls with Bond Yields on Favorable US Producer Prices
18 days ago
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Gold August (GC=F) futures opened at $4,059.80 this morning, Wednesday, July 15, 2026, down 0.2% compared to Tuesday's closing price. The price of gold is falling this morning, moving down to $4,035.40 as of 7:41 a.m. ET.
U.S. airstrikes have targeted Iranian military sites for the fourth day in a row this week in retaliation for Iranian attacks on ships trying to navigate the Strait of Hormuz. President Trump says the U.S. will continue their selective bombardment until the strait is opened and safe for merchant ships.
Yesterday's softer-than-expected inflation report aligns with more peaceful conditions between the warring countries last month, but renewed escalations in July have sent oil prices sharply upward once again. Oil prices (BZ=F) are up over 9% in the last five days.
While most market observers are confident the Fed will not raise rates later this month to battle inflation, September will remain a focal point, especially if the violence continues.
Gold August (GC=F) futures opened at $4,059.80 this morning, Wednesday, July 15, 2026, down 0.2% compared to Tuesday's closing price. The price of gold is falling this morning, moving down to $4,035.40 as of 7:41 a.m. ET.
U.S. airstrikes have targeted Iranian military sites for the fourth day in a row this week in retaliation for Iranian attacks on ships trying to navigate the Strait of Hormuz. President Trump says the U.S. will continue their selective bombardment until the strait is opened and safe for merchant ships.
Yesterday's softer-than-expected inflation report aligns with more peaceful conditions between the warring countries last month, but renewed escalations in July have sent oil prices sharply upward once again. Oil prices (BZ=F) are up over 9% in the last five days.
While most market observers are confident the Fed will not raise rates later this month to battle inflation, September will remain a focal point, especially if the violence continues.
19 days ago
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Silver (SI=F) September futures opened at $58.12 per ounce on Thursday, July 16, 2026, up 1.2% compared to Wednesday's closing price of $57.43. The silver price is moving even lower this morning, reaching $57.07 as of 8:15 a.m. ET.
The price of silver continues to struggle this morning as the U.S. has targeted Iranian military sites with fresh airstrikes for the fifth straight day. Iran has responded in kind with airstrikes of its own across the Middle East, vowing to keep the Strait of Hormuz closed.
The Strait of Hormuz, through which a fifth of the world's oil once flowed, remains critical to a path of peace and to stemming inflation concerns that have once again spread worldwide due to this conflict.
If the Fed elects to raise interest rates this year to control rising prices, the price of silver will face even greater headwinds, since silver, like gold, doesn't pay interest.
Silver (SI=F) September futures opened at $58.12 per ounce on Thursday, July 16, 2026, up 1.2% compared to Wednesday's closing price of $57.43. The silver price is moving even lower this morning, reaching $57.07 as of 8:15 a.m. ET.
The price of silver continues to struggle this morning as the U.S. has targeted Iranian military sites with fresh airstrikes for the fifth straight day. Iran has responded in kind with airstrikes of its own across the Middle East, vowing to keep the Strait of Hormuz closed.
The Strait of Hormuz, through which a fifth of the world's oil once flowed, remains critical to a path of peace and to stemming inflation concerns that have once again spread worldwide due to this conflict.
If the Fed elects to raise interest rates this year to control rising prices, the price of silver will face even greater headwinds, since silver, like gold, doesn't pay interest.
19 days ago
US stocks wavered on Thursday as investors took stock of the AI boom and awaited key earnings reports, while an escalation in the US-Iran war continued to weigh.
Futures on the Dow Jones Industrial Average (YM=F) rose 0.2%, while S&P 500 (ES=F) futures fell 0.2%. Contracts for the Nasdaq-100 (NQ=F) declined by 0.7% as chip stocks came under pressure for a second day.
Semiconductor stocks continued to slide after Taiwan Semiconductor Manufacturing Company's (TSM) robust earnings failed to impress markets that have cycled through risk-on and risk-off sentiment as investors scrutinize high valuations. TSMC reported record second quarter revenue and lifted its capex spending outlook for the year, but the stock fell in premarket trading after the company warned of higher prices.
UnitedHealth Group (UNH) also reported a Q2 earnings beat, as did GE Aerospace (GE) before the opening bell, while Netflix's (NFLX) second quarter report highlights the earnings calendar after the close.
Investors, meanwhile, continue to monitor oil's movement through the Strait of Hormuz after the US launched its latest wave of airstrikes on Iran on Wednesday. The Wall Street Journal reported Wednesday that Trump was briefed by aides on options to expand the conflict, including by increasing bombing and deploying ground forces.
Futures on the Dow Jones Industrial Average (YM=F) rose 0.2%, while S&P 500 (ES=F) futures fell 0.2%. Contracts for the Nasdaq-100 (NQ=F) declined by 0.7% as chip stocks came under pressure for a second day.
Semiconductor stocks continued to slide after Taiwan Semiconductor Manufacturing Company's (TSM) robust earnings failed to impress markets that have cycled through risk-on and risk-off sentiment as investors scrutinize high valuations. TSMC reported record second quarter revenue and lifted its capex spending outlook for the year, but the stock fell in premarket trading after the company warned of higher prices.
UnitedHealth Group (UNH) also reported a Q2 earnings beat, as did GE Aerospace (GE) before the opening bell, while Netflix's (NFLX) second quarter report highlights the earnings calendar after the close.
Investors, meanwhile, continue to monitor oil's movement through the Strait of Hormuz after the US launched its latest wave of airstrikes on Iran on Wednesday. The Wall Street Journal reported Wednesday that Trump was briefed by aides on options to expand the conflict, including by increasing bombing and deploying ground forces.
20 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Over the past year, gold's performance has been nothing short of, well, dazzling. Between June 2025 and June 2026, gold's price rose from $3,303 to $4,008 per troy ounce.
Gold prices opened lower on July 13 and are moving lower still following several exchanges of airstrikes between the U.S. and Iran over the weekend. Geopolitical events continue to be the most influential driver of precious metal prices.
All investors have the same question: What will happen to gold's price in 2026?
Gold **** ysts believe gold (GC=F) will hold steady this year.
If you are considering adding gold to your portfolio or increasing your investment, here is gold's current price and expert forecasts.
Read more: Thinking of buying gold? Here's what investors should watch for.
Over the past year, gold's performance has been nothing short of, well, dazzling. Between June 2025 and June 2026, gold's price rose from $3,303 to $4,008 per troy ounce.
Gold prices opened lower on July 13 and are moving lower still following several exchanges of airstrikes between the U.S. and Iran over the weekend. Geopolitical events continue to be the most influential driver of precious metal prices.
All investors have the same question: What will happen to gold's price in 2026?
Gold **** ysts believe gold (GC=F) will hold steady this year.
If you are considering adding gold to your portfolio or increasing your investment, here is gold's current price and expert forecasts.
Read more: Thinking of buying gold? Here's what investors should watch for.
21 days ago
CAIRO (AP) — The Iran-backed Houthi rebels in Yemen said they launched missiles and drones at Saudi Arabia's Abha International Airport on Monday in response to airstrikes they blamed on Saudi Arabia that struck Sanaa International Airport earlier in the day.
No casualties were reported, but the attacks marked an escalation not seen since a Saudi-led coalition struck Houthi-controlled areas several years ago. Saudi Arabian officials did not immediately respond to a request for comment about the airstrikes in Yemen.
Houthi military spokesman Brig. Gen. Yahya Saree, in a video statement on Telegram, warned airlines against flying through Saudi airspace, saying these warnings should be taken "seriously until the blockade on Sanaa International Airport is lifted."
The internationally recognized government in Yemen said earlier that the strikes that hit Sanaa International Airport were meant to prevent an Iranian plane from landing.
The Houthis vowed to retaliate for the strike, which marked the first major escalation between the Houthis and Saudi Arabia following a period of relative calm.
No casualties were reported, but the attacks marked an escalation not seen since a Saudi-led coalition struck Houthi-controlled areas several years ago. Saudi Arabian officials did not immediately respond to a request for comment about the airstrikes in Yemen.
Houthi military spokesman Brig. Gen. Yahya Saree, in a video statement on Telegram, warned airlines against flying through Saudi airspace, saying these warnings should be taken "seriously until the blockade on Sanaa International Airport is lifted."
The internationally recognized government in Yemen said earlier that the strikes that hit Sanaa International Airport were meant to prevent an Iranian plane from landing.
The Houthis vowed to retaliate for the strike, which marked the first major escalation between the Houthis and Saudi Arabia following a period of relative calm.
22 days ago
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Gold (GC=F) August futures opened at $4,106.60 per troy ounce on Monday, July 13, 2026, down 0.2% from Friday's closing price. As of 8:29 a.m. ET, the price of gold was down to $4,068.10.
Gold prices opened lower and are moving lower still following several exchanges of airstrikes between the U.S. and Iran over the weekend. Geopolitical events continue to be the most influential driver of precious metal prices.
At the moment, it's still unclear how the latest attacks have affected shipping traffic in the Strait of Hormuz, as there have been conflicting reports from Washington and Tehran about whether the strait is open and whether oil shipments are moving through it.
These latest escalations have sent oil prices (BZ=F) over 9% higher over the last five-day period, carrying gas prices higher right along with them. The longer these conflicts continue, the more inflation will remain a central focus for the Fed in its upcoming rate decisions. Higher rates tend to put downward pressure on gold prices.
Gold (GC=F) August futures opened at $4,106.60 per troy ounce on Monday, July 13, 2026, down 0.2% from Friday's closing price. As of 8:29 a.m. ET, the price of gold was down to $4,068.10.
Gold prices opened lower and are moving lower still following several exchanges of airstrikes between the U.S. and Iran over the weekend. Geopolitical events continue to be the most influential driver of precious metal prices.
At the moment, it's still unclear how the latest attacks have affected shipping traffic in the Strait of Hormuz, as there have been conflicting reports from Washington and Tehran about whether the strait is open and whether oil shipments are moving through it.
These latest escalations have sent oil prices (BZ=F) over 9% higher over the last five-day period, carrying gas prices higher right along with them. The longer these conflicts continue, the more inflation will remain a central focus for the Fed in its upcoming rate decisions. Higher rates tend to put downward pressure on gold prices.
23 days ago
(By Oil & Gas 360) – This week was a reminder that today's energy market can change direction in a matter of hours. Escalating military action between the U.S. and Iran briefly sent crude prices sharply higher before economic concerns pulled them back lower. While oil remained volatile, the week's bigger story centered on the industry's continued investment in long-term supply, natural gas, nuclear power, and technologies designed to improve production efficiency.
Oil prices surged more than 7% after the U.S. and Iran exchanged airstrikes and concerns grew that disruptions in the Strait of Hormuz would intensify. Later in the week, crude settled lower as investors shifted their attention toward slowing economic growth and weakening demand expectations, despite continued geopolitical risk.
Why it matters:
The market continues to wrestle with two competing forces: tightening supply risk and uncertain demand. Until one clearly outweighs the other, volatility is likely to remain elevated.
The IEA warned that further escalation with Iran could erase the projected 2027 oil surplus, while strategic petroleum reserve purchases are expected to support crude demand through at least 2028. At the same time, one leading energy consultancy argued fears of an imminent global oil glut may be overstated.
Why it matters:
Markets may be focused on today's headlines, but the longer-term supply picture remains far tighter than many forecasts suggest.
Oil prices surged more than 7% after the U.S. and Iran exchanged airstrikes and concerns grew that disruptions in the Strait of Hormuz would intensify. Later in the week, crude settled lower as investors shifted their attention toward slowing economic growth and weakening demand expectations, despite continued geopolitical risk.
Why it matters:
The market continues to wrestle with two competing forces: tightening supply risk and uncertain demand. Until one clearly outweighs the other, volatility is likely to remain elevated.
The IEA warned that further escalation with Iran could erase the projected 2027 oil surplus, while strategic petroleum reserve purchases are expected to support crude demand through at least 2028. At the same time, one leading energy consultancy argued fears of an imminent global oil glut may be overstated.
Why it matters:
Markets may be focused on today's headlines, but the longer-term supply picture remains far tighter than many forecasts suggest.
24 days ago
Oil prices were little changed on Friday, but both major benchmarks remained on track to post solid weekly gains as investors weighed renewed military tensions between the United States and Iran against expectations that the conflict will remain limited and avoid disrupting crude exports from the Persian Gulf.
At 14:18 ET (18:18 GMT), U.S. West Texas Intermediate (WTI) crude futures edged down 0.1% to $72.01 per barrel, while Brent crude futures slipped 0.07% to $76.25 per barrel.
Although trading was subdued during the session, Brent was still heading for a weekly gain of around 5%, with WTI up roughly 4%. Prices surged earlier in the week after renewed attacks near the Strait of Hormuz revived concerns over supply disruptions before easing as traders concluded the conflict was unlikely to broaden significantly.
The United States carried out another round of airstrikes against military targets in Iran on Thursday, saying the operations were intended to further reduce Tehran's ability to threaten commercial shipping through the Strait of Hormuz.
Iran responded with missile and drone attacks aimed at U.S.-aligned countries, including Bahrain, Kuwait, Qatar and Jordan, marking one of the most extensive military exchanges since last month's temporary agreement.
At 14:18 ET (18:18 GMT), U.S. West Texas Intermediate (WTI) crude futures edged down 0.1% to $72.01 per barrel, while Brent crude futures slipped 0.07% to $76.25 per barrel.
Although trading was subdued during the session, Brent was still heading for a weekly gain of around 5%, with WTI up roughly 4%. Prices surged earlier in the week after renewed attacks near the Strait of Hormuz revived concerns over supply disruptions before easing as traders concluded the conflict was unlikely to broaden significantly.
The United States carried out another round of airstrikes against military targets in Iran on Thursday, saying the operations were intended to further reduce Tehran's ability to threaten commercial shipping through the Strait of Hormuz.
Iran responded with missile and drone attacks aimed at U.S.-aligned countries, including Bahrain, Kuwait, Qatar and Jordan, marking one of the most extensive military exchanges since last month's temporary agreement.
24 days ago
US stocks rose on Thursday as investors focused on AI prospects ahead of SK Hynix's (000660.KS) US trading debut, setting aside jitters over a flare-up in US-Iran hostilities.
The tech-heavy Nasdaq Composite (^IXIC) climbed by 1.3%. Meanwhile, the S&P 500 (^GSPC) gained 0.8%, and the Dow Jones Industrial Average (^DJI) put on more than 0.2% after Wall Street stocks closed mixed on Wednesday.
Stocks rose as markets shrugged off US-Iran tensions that saw the two sides trade new attacks on Thursday, putting a fragile truce to the test. The fighting intensified as the US launched airstrikes on 90 Iranian targets, and Iran retaliated by striking targets in US-allied Middle East countries.
Oil prices fell on Thursday, erasing some of Wednesday's gains as markets factored in the **** py path to Middle East peace.
The focus remains on the AI trade ahead of SK Hynix's highly anticipated Nasdaq debut on Friday. The South Korean memory giant is set to price its US offering on Thursday, with demand running at seven times the amount of shares available. The IPO comes as investors continue to **** s the recent chip stock sell-off that shook confidence in an AI boom.
The tech-heavy Nasdaq Composite (^IXIC) climbed by 1.3%. Meanwhile, the S&P 500 (^GSPC) gained 0.8%, and the Dow Jones Industrial Average (^DJI) put on more than 0.2% after Wall Street stocks closed mixed on Wednesday.
Stocks rose as markets shrugged off US-Iran tensions that saw the two sides trade new attacks on Thursday, putting a fragile truce to the test. The fighting intensified as the US launched airstrikes on 90 Iranian targets, and Iran retaliated by striking targets in US-allied Middle East countries.
Oil prices fell on Thursday, erasing some of Wednesday's gains as markets factored in the **** py path to Middle East peace.
The focus remains on the AI trade ahead of SK Hynix's highly anticipated Nasdaq debut on Friday. The South Korean memory giant is set to price its US offering on Thursday, with demand running at seven times the amount of shares available. The IPO comes as investors continue to **** s the recent chip stock sell-off that shook confidence in an AI boom.
25 days ago
DUBAI, United Arab Emirates (AP) — Mysterious, unclaimed airstrikes that hit Iran after the U.S. said it finished its attacks have again raised questions of who else may be targeting the Islamic Republic.
The strikes Thursday, just as Iran prepared to bury the late Supreme Leader Ayatollah Ali Khamenei, hit areas across southern Iran. The country's theocracy hasn't directly blamed anyone, though one lawmaker warned the United Arab Emirates about allegedly providing support to the U.S. campaign against Iran.
Gulf Arab states, which Iran has targeted repeatedly since the war began Feb. 28, did not immediately respond to requests for comment Friday about the strikes. The attacks come as those Gulf nations and the U.S. insist that the Strait of Hormuz, a vital waterway for world energy markets, must be open and free to ships to transit.
Iran says the strait must now be under its sole control and that vessels should begin to pay fees to Tehran — even though the world for decades has considered it an international waterway. About a fifth of all traded oil and natural gas passed through the strait before the war began.
Iran's grip on the strait during the conflict led to an global energy crisis, though oil prices have sharply dropped since wartime highs of $120 a barrel.
The strikes Thursday, just as Iran prepared to bury the late Supreme Leader Ayatollah Ali Khamenei, hit areas across southern Iran. The country's theocracy hasn't directly blamed anyone, though one lawmaker warned the United Arab Emirates about allegedly providing support to the U.S. campaign against Iran.
Gulf Arab states, which Iran has targeted repeatedly since the war began Feb. 28, did not immediately respond to requests for comment Friday about the strikes. The attacks come as those Gulf nations and the U.S. insist that the Strait of Hormuz, a vital waterway for world energy markets, must be open and free to ships to transit.
Iran says the strait must now be under its sole control and that vessels should begin to pay fees to Tehran — even though the world for decades has considered it an international waterway. About a fifth of all traded oil and natural gas passed through the strait before the war began.
Iran's grip on the strait during the conflict led to an global energy crisis, though oil prices have sharply dropped since wartime highs of $120 a barrel.
1 month ago
DUBAI, United Arab Emirates (AP) — Iran's president said Monday that $6 billion in frozen Iranian ***** ets would be released by Qatar, as negotiations with the United States were challenged by attacks across the Persian Gulf this weekend.
Masoud Pezeshkian 's mention of the funds appear aimed at selling the Iranian public on the interim deal, particularly as its grip on the Strait of Hormuz has been tested by efforts to open Oman's territorial waters to both inbound and outbound traffic from the Persian Gulf. Iran's attacks and threats stopped cargo ships and tankers from moving through the strait, in which about a fifth of all traded oil and natural gas passed in peacetime, creating a global energy crisis.
The strait has long been considered an international waterway despite its location in Iran and Oman's territorial waters. In recent days, Iran has twice attacked vessels going through a route near the Omani side, drawing retaliatory American airstrikes and concerns that negotiations to reach a formal end to the war could be disrupted. Iran launched drone and missile attacks targeting Bahrain and Kuwait on Sunday.
Pezeshkian offered praise for the interim deal in comments published Monday by the state-run IRNA news agency, calling it "a great victory for the Iranian people."
"Based on the plans made, $6 billion out of the total $12 billion of Iranian resources in Qatar will be released and returned to the country, and necessary follow-ups are being carried out," he said. He did not elaborate.
Masoud Pezeshkian 's mention of the funds appear aimed at selling the Iranian public on the interim deal, particularly as its grip on the Strait of Hormuz has been tested by efforts to open Oman's territorial waters to both inbound and outbound traffic from the Persian Gulf. Iran's attacks and threats stopped cargo ships and tankers from moving through the strait, in which about a fifth of all traded oil and natural gas passed in peacetime, creating a global energy crisis.
The strait has long been considered an international waterway despite its location in Iran and Oman's territorial waters. In recent days, Iran has twice attacked vessels going through a route near the Omani side, drawing retaliatory American airstrikes and concerns that negotiations to reach a formal end to the war could be disrupted. Iran launched drone and missile attacks targeting Bahrain and Kuwait on Sunday.
Pezeshkian offered praise for the interim deal in comments published Monday by the state-run IRNA news agency, calling it "a great victory for the Iranian people."
"Based on the plans made, $6 billion out of the total $12 billion of Iranian resources in Qatar will be released and returned to the country, and necessary follow-ups are being carried out," he said. He did not elaborate.
1 month ago
By Laila Bassam, Pesha Magid and Steve Holland
BEIRUT/JERUSALEM/WASHINGTON, June 19 (Reuters) - Israel and Iran-backed Hezbollah agreed to a ceasefire on Friday, a U.S. official said, after an escalation in hostilities in Lebanon sorely tested the U.S.-Iranian interim deal to end the wider Middle East conflict.
A senior Israeli official and two Hezbollah sources confirmed the ceasefire to Reuters, which the U.S. official said was due to begin at 4 p.m. (1300 GMT)
"If Hezbollah does not attack us, then for us it is not a time of war," the Israeli official said. Israeli forces would remain in southern Lebanon, the official added.
Two Lebanese security sources said Israel carried out a dozen airstrikes in the first hour after the ceasefire came into effect, but none were recorded after 5 p.m.
BEIRUT/JERUSALEM/WASHINGTON, June 19 (Reuters) - Israel and Iran-backed Hezbollah agreed to a ceasefire on Friday, a U.S. official said, after an escalation in hostilities in Lebanon sorely tested the U.S.-Iranian interim deal to end the wider Middle East conflict.
A senior Israeli official and two Hezbollah sources confirmed the ceasefire to Reuters, which the U.S. official said was due to begin at 4 p.m. (1300 GMT)
"If Hezbollah does not attack us, then for us it is not a time of war," the Israeli official said. Israeli forces would remain in southern Lebanon, the official added.
Two Lebanese security sources said Israel carried out a dozen airstrikes in the first hour after the ceasefire came into effect, but none were recorded after 5 p.m.
2 months ago
By Maya Gebeily, Rami Ayyub and Zohra Bensemra
BEIRUT/JERUSALEM/QLAILIEH, Lebanon, June 18 (Reuters) - Three Saudi-flagged supertankers carrying 6 million barrels of crude sailed through the Strait of Hormuz on Thursday, hours after U.S. President Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies.
But in Lebanon, where more than a million people are displaced by the fighting, Israeli forces launched fresh airstrikes on Thursday morning, raising doubt about how far Trump will go to force his wartime allies to halt an offensive he has now pledged to end.
Trump put his signature on Wednesday on the "memorandum of understanding" to end the war, as did Iran's President Masoud Pezeshkian, bringing it into effect two days earlier than previously expected. It calls for the immediate opening of the Strait of Hormuz and lifting of a U.S. blockade of Iran's ports.
Though shippers say it will still take time for transit across the strait to reach pre-war levels, with a need yet to ensure safe access and clear mines, there were immediate signs of an impact.
BEIRUT/JERUSALEM/QLAILIEH, Lebanon, June 18 (Reuters) - Three Saudi-flagged supertankers carrying 6 million barrels of crude sailed through the Strait of Hormuz on Thursday, hours after U.S. President Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies.
But in Lebanon, where more than a million people are displaced by the fighting, Israeli forces launched fresh airstrikes on Thursday morning, raising doubt about how far Trump will go to force his wartime allies to halt an offensive he has now pledged to end.
Trump put his signature on Wednesday on the "memorandum of understanding" to end the war, as did Iran's President Masoud Pezeshkian, bringing it into effect two days earlier than previously expected. It calls for the immediate opening of the Strait of Hormuz and lifting of a U.S. blockade of Iran's ports.
Though shippers say it will still take time for transit across the strait to reach pre-war levels, with a need yet to ensure safe access and clear mines, there were immediate signs of an impact.
4 months ago
Iranians fear harsher regime crackdown after war with US ends
Behind peaceful scenes, Iran's economy is in tatters, and people are fearful of a new government clampdown and angry about the destructive airstrikes.
Iranians striving to maintain a semblance of normal life after weeks of US and Israeli bombing and a deadly crackdown on protesters in January remain daunted by the future as damage from airstrikes and internet cuts take a toll.
With Iran and the US wrangling over a truce extension and a deal to end the conflict, shops, restaurants, and government offices have remained open. On s
Behind peaceful scenes, Iran's economy is in tatters, and people are fearful of a new government clampdown and angry about the destructive airstrikes.
Iranians striving to maintain a semblance of normal life after weeks of US and Israeli bombing and a deadly crackdown on protesters in January remain daunted by the future as damage from airstrikes and internet cuts take a toll.
With Iran and the US wrangling over a truce extension and a deal to end the conflict, shops, restaurants, and government offices have remained open. On s
4 months ago
Trump issues stark threat ahead of deadline but says Iran has time to capitulate
Airstrikes hit two bridges and a train station in Iran on Tuesday, and Iranian officials urged young people to form human chains to protect power plants, as US President Donald Trump warned that a “whole civilization will die tonight” if Tehran does not meet his latest deadline.
The US also struck military targets on the Iranian oil hub of Kharg Island, according to a White House official.
The attack marked the second time the island was targeted. Earlier in the war, American forces struck air defences, a rad
Airstrikes hit two bridges and a train station in Iran on Tuesday, and Iranian officials urged young people to form human chains to protect power plants, as US President Donald Trump warned that a “whole civilization will die tonight” if Tehran does not meet his latest deadline.
The US also struck military targets on the Iranian oil hub of Kharg Island, according to a White House official.
The attack marked the second time the island was targeted. Earlier in the war, American forces struck air defences, a rad
4 months ago
Iran calls for human chains to protect power plants as President Trump’s deadline nears
TEHRAN, Iran (AP) — Airstrikes pounded Tehran on Tuesday, and Iranian officials urged young people to form human chains to protect power plants, hours before the expiration of U.S. President Donald Trump’s latest deadline for the Islamic Republic to reopen the crucial Strait of Hormuz or face punishing strikes on its infrastructure.
Trump has extended previous deadlines but suggested the one set for 8 p.m. in Washington was final, and the rhetoric on both sides reached a fever pitch, leaving Iranians on
TEHRAN, Iran (AP) — Airstrikes pounded Tehran on Tuesday, and Iranian officials urged young people to form human chains to protect power plants, hours before the expiration of U.S. President Donald Trump’s latest deadline for the Islamic Republic to reopen the crucial Strait of Hormuz or face punishing strikes on its infrastructure.
Trump has extended previous deadlines but suggested the one set for 8 p.m. in Washington was final, and the rhetoric on both sides reached a fever pitch, leaving Iranians on
5 months ago
After attacks on Iran's oil facilities, toxic black rain endangers the public
Clouds of toxic smoke unleashed into the atmosphere by U.S.-Israeli airstrikes on Iranian oil facilities made a dangerous return to Earth in the form of “black rain,” prompting international health officials to warn of serious risks to the public.
Residents in Tehran complained last week of burning eyes and difficulty breathing when the dark and oily precipitation fell near the Iranian capital after several fuel oil depots and a refinery were struck.
Plumes of dark smoke have also been seen across other parts of
Clouds of toxic smoke unleashed into the atmosphere by U.S.-Israeli airstrikes on Iranian oil facilities made a dangerous return to Earth in the form of “black rain,” prompting international health officials to warn of serious risks to the public.
Residents in Tehran complained last week of burning eyes and difficulty breathing when the dark and oily precipitation fell near the Iranian capital after several fuel oil depots and a refinery were struck.
Plumes of dark smoke have also been seen across other parts of
