Oil Prices Tumble, Gold Surges as Markets React to U.S.-Iran Deal Prospects

Global financial markets were jolted on Thursday, with oil prices taking a sharp dive and Wall Street showing a mixed performance. Investors closely monitored developments surrounding a potential U.S.-Iran nuclear agreement, fresh economic data from the U.S., and key remarks from Federal Reserve Chair Jerome Powell. Crude oil futures tumbled over 2% on Thursday following…

Gold Hits Record High Amid Fresh US-EU Trade Tensions

Gold prices soared to an all-time high on Thursday as escalating trade tensions between the United States and the European Union rattled global markets. The surge came after U.S. President Donald Trump issued fresh threats to impose steep tariffs on European alcoholic beverages, including champagne and wine. The renewed uncertainty in international trade prompted investors…