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Commodities

Here's the Real Reason Oil Prices Aren't Soaring

Global economic slowdown fears, resilient non-OPEC supply, and demand contraction due to geopolitical factors are keeping oil prices stable.

Gold Surges Past $4,400, Boosting Gold Miners

A weaker U.S. jobs report and diminished expectations for Federal Reserve rate hikes have propelled gold prices higher, drawing investor attention to gold mining companies.

Brent Jumps 4%, WTI 3% on Reports Iran Weighing Strait of Hormuz Restrictions

Oil prices surged after reports that Iran's parliament is reviewing legislation to bar U.S. and Israeli vessels from the Strait of Hormuz. Some caution that 'reviewing a bill' and 'closing the strait' are very different things.

Why Is Gold So Expensive Right Now? Spot Price Tops $4,400 an Ounce

Central bank buying, geopolitical risk, and a weaker dollar have kept gold near record levels. Here's why Korean gold prices look even higher, and whether it's still worth buying in.