Markets

Gold steadies near $4,000 as chip selloff hits equities - Kitco PM Report - KITCO

Source: KITCO

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DW NOTE

Gold at $4,000 is the market pricing in two incompatible beliefs: that the Hormuz blockade and Ukraine escalation will both stabilise, and that central banks will keep rates elevated through it all. Silver down 51% from peak while gold has only fallen 25% says industrial demand has cratered — which means someone's recession forecast is being proved correct in real time.

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Brent Breaks $100 for the First Time in Nearly Two Months

Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2

Bitcoin climbs as oil tops $100, equities drop after Iran strikes

Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.

Gold steadies near $4,000 as chip selloff hits equities - Kitco PM Report - KITCO

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Brent Breaks $100 for the First Time in Nearly Two Months

Bitcoin climbs as oil tops $100, equities drop after Iran strikes

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