Commodities

Gold, Bitcoin Poised for US Election Gains?

On November 5, approximately 250 million Americans are expected to vote in the presidential election. The outcome, though, may not be immediately clear. The official result could take anywhere from a few hours to several weeks, depending on the margin...

Oil Oversold? Middle East Risks Remain

Oil prices are cooling off as concerns over the nature and scale of Israel’s retaliation to Iran become known. Israeli Prime Minister Benjamin Netanyahu has indicated to the Biden administration that they will be targeting military rather than oil nor...

Euro Drops, Gold Holds for Now: What’s Next?

Gold's recovery faltered on Monday as the U.S. dollar surged to a nine-week high, curbing upward momentum for the precious metal. The greenback’s strength was bolstered by the euro’s decline, which fell for the 11th time in 12 sessions as...

BTC/USD: HBO Set to Unmask Satoshi

HBO’s documentary Money Electric: The Bitcoin Mystery, airing tonight at 9:00 p.m. EST, is expected to present compelling evidence on the identity of Bitcoin's creator, Satoshi Nakamoto....

$20 Spike if Israel Hits Iran’s Oil?

The Israeli military warned that its response to Iran’s missile attack would be “serious and significant,” as Goldman Sachs forecasted that oil prices could surge by $20 per barrel if Iranian production is disrupted....

WTI: Will Iran Drag Saudi into Conflict?

Israeli officials are considering how to respond after an Iranian missile strike on Wednesday, which caused little damage, but definitely had the potential to do so....

NFP & Port Strikes: Why Jobs Matter This Week

Nonfarm Payrolls (NFP) are projected to rise by 140,000 in September, matching August's pace and pushing the three-month average job gains to the weakest level since mid-2019. The NFP data is due this Friday....

$40 Silver in Sight? BofA Says Yes

The Gold-Silver Ratio (XAU/XAG) measures how many ounces of silver are needed to purchase one ounce of gold, providing a clear example of the relative performance of each metal....

Walz vs. Vance: Markets to Watch

Democrat Tim Walz and Republican JD Vance are set to clash next week in the sole U.S. vice presidential debate, an opportunity for both candidates to bolster their running mates’ platforms ahead of the crucial November 5 election....
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