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Category precious metals

Commodity wrap: oil slumps 2% on Gaza ceasefire, gold moves back over $4,000/oz

Commodity wrap: oil slumps 2% on Gaza ceasefire, gold moves back over $4,000/oz

Oil prices slumped 2% on Friday as the risk premium wore off after Israel and the Palestinian militant group Hamas agreed to a ceasefire earlier th...
Indian households hold $3.8B in gold, reshaping investment landscape

Indian households hold $3.8B in gold, reshaping investment landscape

Indian households own approximately $3.8 billion worth of gold, which is 88.8% of the country’s GDP, according to a Morgan Stanley research report....
ING sees gold averaging $4,150/oz in 2026 on central bank buying, risks

ING sees gold averaging $4,150/oz in 2026 on central bank buying, risks

Gold’s historic rally this year has prompted analysts to revise their forecasts for the yellow metal with ING Group being the latest to scale up th...
Commodity wrap: gold stays over $4,000/oz as COMEX silver hits record high

Commodity wrap: gold stays over $4,000/oz as COMEX silver hits record high

Gold prices slipped on Thursday, but stayed above the $4,000-per-ounce mark.  Among other precious metals, silver prices fell more than 1%, trackin...
Precious Metal Rally: Silver Tops $51 in Historic Surge

Precious Metal Rally: Silver Tops $51 in Historic Surge

Silver prices surged to a record high of $51.08 per troy ounce on Oct. 9, 2025, marking a 4.51% daily increase and surpassing the 1980 peak of $49....