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Brazilian President Lula has asked the Brazilian Defense Minister to travel to Venezuela to discuss aid matters.
2026-06-26
Brazilian President Lula has asked the Brazilian Defense Minister to travel to Venezuela to discuss aid matters.
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2026-06-26
Gold closed below $4,000 yesterday for the first time since November as sustained selling in gold ETFs and investor reallocations outweighed ongoing central bank buying. Market participants say the Iran conflict is a net headwind for the metal. Sever
Gold closed below $4,000 yesterday for the first time since November as sustained selling in gold ETFs and investor reallocations outweighed ongoing central bank buying. Market participants say the Iran conflict is a net headwind for the metal. Several banks cut PTs but still see gold significantly higher by year‑end; Goldman calls for a rebound to $4,900. Some analysts warn current rate‑hike expectations may be overdone and could spark a recovery. Short‑term volatility looks set to persist into Q3. With oil proving resilient amid the conflict and global inflation rising — factors that could prompt further rate hikes and shift funds into yield‑bearing assets — gold is likely to remain under pressure.
2026-06-26
Shipping data show two VLCCs loaded crude at Saudi Ras Tanura on Friday; a third vessel is waiting to load.
Shipping data show two VLCCs loaded crude at Saudi Ras Tanura on Friday; a third vessel is waiting to load.
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