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Browsing: Business
Oil prices rebounded as Brent crude rose to 104.96 dollars before settling higher, while WTI also gained after benchmark losses.
Gold fell as higher oil prices raised inflation concerns, keeping Treasury yields and rate expectations in focus across metals markets.
Oil prices fell more than 5% as Brent and WTI retreated, while Hormuz tanker traffic and tighter US inventories shaped trading data.
Gold prices edged lower as a stronger dollar and elevated Treasury yields kept pressure on bullion and broader precious metals trading.
Carbon pricing raised more than $107 billion for public budgets in 2025 as global policy coverage widened, the World Bank said.
U.S. stock futures fell after Wall Street records as investors watched Nvidia, Walmart, Target, oil prices, Treasury yields and Fed minutes.
The Federal Reserve kept Jerome Powell in a temporary chair role while Kevin Warsh awaits the oath after the Senate confirmation vote.
Gold fell 2.3% to its lowest level since May 4 as a stronger dollar and higher Treasury yields pressured bullion and precious metals markets.
Oil prices rose more than 3 percent as Brent and WTI posted strong weekly gains amid tighter inventories and supply disruptions.
Gold heads for a weekly loss as surging oil prices raise inflation fears, push Treasury yields higher and strengthen the dollar globally.
