commodity markets Archives

Gold prices decline on Federal Reserve rate decision in trading

iraqbulletin.coSeptember 17, 2026September 18, 2026

September 17, 2026September 18, 2026

Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of...

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Gold clears $4,400 while US inflation data takes focus

iraqbulletin.coAugust 11, 2026August 12, 2026

August 11, 2026August 12, 2026

Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5. U.S. gold futures climbed 1.7%...

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Brent crude jumps 9.6% to $83.30 amid Hormuz risks

iraqbulletin.coJuly 14, 2026July 15, 2026

July 14, 2026July 15, 2026

Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose...

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Precious metals market sees major year-end correction

iraqbulletin.coDecember 31, 2025December 31, 2025

December 31, 2025December 31, 2025

EuroWire, NEW YORK: Precious metals fell sharply on Monday as investors locked in profits after a series of record-breaking rallies, leading to steep losses across gold, silver, and platinum markets. The downturn came amid light trading volumes ahead of the year-end, as markets closed one...