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03/03/2026
Spot gold breached below $5,170 per ounce, falling 2.88% intraday.
Latest
1 m ago
The transportation of crude oil from Kirkuk, Iraq, to Jeyhan Port has been suspended.
1 m ago
Sell-off of U.S. Treasury bonds resulting in higher yields is due to the escalating conflict between the United States and Israel bombing Iran, disrupting the energy market and prompting flight of safe-haven funds. Despite the strengthening of the U.S. dollar, concerns about energy-driven inflation and the high costs of long-term conflicts have restrained demand for U.S. government bonds. Marc Chandler of Bannockburn stated, "This is the result of a combination of position adjustments and the inflationary impact of rising oil prices." He pointed out that investors are shifting their bets on a Federal Reserve rate cut from July to September. The yield on 10-year U.S. Treasury bonds rose by 0.090 percentage points to 4.051%; the yield on 2-year U.S. Treasury bonds rose by 0.108 percentage points to 3.485%.
2 m ago
Government statement: Italian Prime Minister Meloni meets with the CEOs of Eni Group and Snam Company to discuss energy security issues in the aftermath of the Middle East crisis.
2 m ago
Tech Mahindra partners with NVIDIA to drive AI-powered autonomous network operations for global communication service providers.
3 m ago
The suspension of Qatar's liquefied natural gas production is disrupting the market, causing European gas prices to soar.
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