Commodities

Gold Prices Edge Higher as US Inflation Data Puts Fed Rate Outlook in Focus

COMMODITIES • GOLD MARKET NEWS Gold prices recovered modestly on Wednesday, September 30, as investors awaited fresh US inflation figures that could influence Federal Reserve interest-rate expectations. Despite the intraday gains, bullion remained on course for a monthly decline amid persistent inflation concerns, elevated energy prices and uncertainty over the direction of US monetary policy. Gold Edges Higher Ahead of US PCE Inflation Report Gold prices moved higher in Wednesday’s trading session as financial markets prepared for the release of the US Personal Consumption Expenditures (PCE) price index, a key inflation indicator monitored by Federal Reserve policymakers. According to market figures reported earlier in the session, spot gold rose approximately 0.1% to $4,187.64 per ounce, while US gold futures advanced 1.0% to $4,219.30. Spot gold had lost roughly 6% over the preceding month, leaving the metal vulnerable to a further monthly decline. Reuters also reported a modest recovery in spot gold during Wednesday’s session, with prices rising to $4,195.56 per…

SkyPress Desk | SkyPress News Sep 30

Commodities

Crude Oil Inventories Jump Unexpectedly as Market Watches Supply-Demand Balance

U.S. crude oil inventories increased sharply in the latest weekly report, reversing the previous week’s decline and catching market expectations off guard. The unexpected inventory build adds a new layer of uncertainty for oil markets, particularly as traders continue to assess supply disruptions, refinery activity and geopolitical risks affecting global energy flows. According to the latest data, U.S. crude inventories increased by 2.969 million barrels. The result was significantly different from the market expectation of a 0.700 million-barrel decline, representing a substantial deviation from forecasts. The previous report had shown a 640,000-barrel decline in crude inventories. The shift from a weekly draw to a sizeable build therefore marks a notable change in the U.S. petroleum balance and could become an important factor for oil traders in the near term. Key Takeaways U.S. crude inventories increased by 2.969 million barrels. Markets had expected inventories to decline by about 700,000 barrels. The previous report recorded a 640,000-barrel draw. The unexpected build may…

SkyPress Desk | SkyPress News Sep 23

Commodities

Gold Prices Fall as Stronger Dollar and Fed Rate Outlook Pressure Bullion

By SkyPress Desk | SkyPress News September 22, 2026 Gold prices moved lower on Tuesday as a stronger U.S. dollar and expectations for relatively restrictive Federal Reserve policy put pressure on bullion, while falling oil prices, central-bank purchases and continued investment demand provided important support to the broader market. Spot gold was trading around $4,319 an ounce during early Tuesday trading, while U.S. gold futures were around $4,356 an ounce. Silver and platinum also moved lower as investors reassessed the outlook for U.S. interest rates following last week’s Federal Reserve decision. The latest move highlights the competing forces currently shaping the gold market. Higher interest-rate expectations and a stronger dollar can create short-term pressure on bullion, while geopolitical uncertainty, central-bank accumulation and investment demand continue to underpin the longer-term market. Stronger Dollar Adds Pressure to Gold One of the immediate factors weighing on gold is the performance of the U.S. dollar. The dollar strengthened after gaining more than 1% last…

SkyPress Desk | SkyPress News Sep 22

Commodities

Oil Prices Rebound as Markets Watch Possible U.S.-Iran Talks at UN

September 22, 2026 — SkyPress News Oil prices moved higher in Asian trading on Tuesday, breaking a four-session losing streak as traders turned their attention toward possible diplomatic contacts between the United States and Iran during the United Nations General Assembly in New York. The rebound came after a sharp decline in crude prices on Monday, when expectations of increased Saudi oil shipments and the possibility of renewed diplomatic engagement between Washington and Tehran reduced part of the geopolitical premium that had lifted oil prices in recent weeks. Brent crude futures for November rose about 1.7% to $102.06 a barrel, while the October West Texas Intermediate (WTI) contract gained around 1.7% to $97.40. The more actively traded November WTI contract also moved higher, reaching about $93.65 a barrel. Diplomacy Becomes a Major Oil-Market Focus The latest move in crude prices reflects the market’s sensitivity to developments surrounding the conflict involving Iran and the wider Middle East. U.S. President Donald Trump…

SkyPress Desk | SkyPress News Sep 22

Commodities

Oil Prices Fall as Saudi Supply Concerns Ease Despite Middle East Risks

Market News | Energy Oil Prices Slide as Saudi Supply Recovery Eases Market Fears By SkyPress Desk | SkyPress News September 18, 2026 Market Snapshot: Oil prices extended their decline on Friday as expectations of a partial recovery in Saudi crude supply reduced some of the immediate pressure on global markets. Brent crude remained above $100 a barrel, however, as disruptions around key Middle Eastern shipping and energy routes continued to keep traders cautious. Oil prices extend three-session decline Crude oil prices fell for a third consecutive session on Friday, September 18, as signs that Saudi Arabia could restore part of its disrupted export capacity helped ease concerns about a prolonged supply shortage. Brent crude futures were trading around $102.53 a barrel, down about 2.2%, while U.S. West Texas Intermediate futures were near $100.04 a barrel, a decline of roughly 1.8% at the time of the latest market update. Brent is also on course for its first weekly decline in…

SkyPress Desk | SkyPress News Sep 18

Commodities

Gold Prices Slide as Fed Rate Decision Looms: What’s Next for XAU/USD?

Commodities • Gold Market Update Gold Price Outlook: XAU/USD Under Pressure as Markets Await Fed Rate Decision Gold prices remain under pressure as rising US Treasury yields, a stronger US Dollar and expectations around the Federal Reserve’s next interest-rate decision weigh on the precious metal. SkyPress News Desk: Gold is facing renewed selling pressure as global markets prepare for the Federal Reserve’s upcoming monetary-policy decision. Higher US bond yields and a firmer US Dollar have reduced the appeal of the non-yielding precious metal, while traders remain cautious about making large directional commitments ahead of the Fed’s updated economic projections and guidance on interest rates. Gold (XAU/USD) was trading around $4,280 per troy ounce on Tuesday, September 15, 2026, after falling to approximately $4,253 on Monday. The market remains sensitive to movements in US Treasury yields, inflation expectations and the outlook for monetary policy. The latest weakness comes despite the continuing geopolitical uncertainty surrounding the Middle East. Instead of responding primarily…

SkyPress Desk | SkyPress News Sep 15

Commodities

Oil Prices Slide as Iran Revives Peace Talks Through Pakistan Amid Hormuz Uncertainty

Oil prices retreated sharply on Friday after Iran reportedly delivered a revised peace proposal to mediators in Pakistan, reviving hopes that diplomatic negotiations with the United States may still avert a broader escalation in the Middle East. U.S. benchmark West Texas Intermediate (WTI) crude dropped more than 3%, trading near $101.57 per barrel during afternoon dealings. Meanwhile, global benchmark Brent crude fell around 2% to approximately $107.98 per barrel, as traders responded to the latest diplomatic developments. Iran’s Revised Proposal Sparks Market Optimism Pakistani officials confirmed that Iran had submitted an updated peace framework through mediators, which has since been relayed to Washington. The move has reignited optimism that both nations could find a diplomatic pathway to de-escalation after weeks of heightened military tensions. Despite the market’s initial positive reaction, U.S. President Donald Trump indicated that the proposal fell short of expectations. “Iran wants to make a deal, but I’m not satisfied with it,” Trump told reporters at the White…

SkyPress Desk | SkyPress News May 1

Commodities

Oil Prices Rise as Iran Ceasefire Fails to Ease Supply Concerns and Political Tensions

Oil Prices Climb as White House Says Iran Ceasefire Ends War Powers Deadline By SkyPress News Desk | May 1, 2026 Oil prices moved higher on Friday after a turbulent trading session, as investors continued to monitor geopolitical developments surrounding Iran and the United States. Despite a temporary ceasefire, uncertainty over the region’s stability and the future of key shipping routes kept energy markets on edge. Brent crude futures for July advanced 0.9% to trade near $111.40 per barrel, while U.S. West Texas Intermediate (WTI) crude gained modestly, hovering above $105.00. The gains followed Thursday’s dramatic session, when front-month Brent surged to a four-year high before retreating sharply by the close. Geopolitical Tensions Continue to Support Oil Market sentiment remains heavily influenced by the fragile ceasefire between Washington and Tehran. Although direct military exchanges have paused, traders remain cautious as negotiations over Iran’s nuclear program and regional security continue. The White House stated that hostilities between the United States and…

SkyPress Desk | SkyPress News May 1

Commodities

Commodities Trading

The Power of Commodities Trading: How Smart Traders Profit from Global Markets Commodities trading has become one of the most powerful ways for traders to tap into global economic movements. From gold and crude oil to agricultural products like wheat and coffee, these markets offer unique opportunities that go beyond traditional forex and stock trading. For modern traders, commodities are not just assets — they are reflections of the global economy. Understanding how they move gives you a deeper edge in financial markets. What is Commodities Trading? Commodities trading involves buying and selling raw materials or primary goods in financial markets. These assets are typically grouped into three major categories: Precious Metals – such as gold and silver Energy – including crude oil and natural gas Agricultural Products – like wheat, corn, and coffee Each category behaves differently, giving traders multiple ways to diversify and capitalize on different market conditions. Why Commodities Matter in Trading Unlike stocks or cryptocurrencies, commodities…