Latest news, analysis, and updates in finance.
Swiss private bank Union Bancaire Privée (UBP) has increased its gold purchases, predicting gold could reach $6,000 per ounce by the end of the year. This forecast comes amid market volatility and geopolitical tensions, highlighting gold's role as a safe-haven asset during uncertain times.
7 min read
The US announced it will block Iranian ports starting Monday to restrict Iran's oil exports, causing a sharp rise in global oil prices. This move escalates tensions and threatens stability in global energy supplies, especially through the critical Strait of Hormuz.
6 min read
The collapse of peace talks between the United States and Iran has triggered a surge in oil prices and a decline in Asian equities. This breakdown heightens uncertainty over energy supplies and global economic stability amid ongoing geopolitical tensions.
6 min read
