Markets

Oil Prices Plunge Below $80: U.S.-Iran Deal Reopens Strait of Hormuz

Oil prices crashed below $80 after the U.S.-Iran deal reopened the Strait of Hormuz. Goldman Sachs cut Brent to $80 for Q4 2026 as Gulf supply returns faster than expected. Oil markets were jolted on ...

Gold Price Falls: Precious Metal Slides Below $4,300 for First Time This Year

Gold prices fell to $4,088 per ounce on June 11, 2026, marking the fifth consecutive session of decline and turning negative for the year. Rising US real yields, Fed rate hike fears, and geopolitical ...

Gold Drops 3.2% Weekly: Iran Peace Hopes Fed Rate Fears

Gold prices declined on Friday, heading for a second consecutive weekly loss. Spot gold dropped to $4,191.17 per ounce as optimism over a US-Iran peace deal and fears of Federal Reserve rate hikes pre...