The settlement price of Brent crude oil futures, the international benchmark, was $89.22 per barrel, up $1.12 from the previous trading day, an increase of 1.27%. Recently, international oil prices have fluctuated frequently due to multiple factors including geopolitical tensions, global crude oil supply and demand expectations, and policy trends of major oil-producing countries. The movement of oil prices also has a chain effect on terminal fuel prices and the cost of energy-related industry c

James Reilly, Senior Market Economist at Capital Economics, stated in a report that the yield spread between 10-year and 2-year US Treasury bonds is expected to narrow further in the coming months and may lead to an inverted yield curve. We believe the ongoing tensions in the Strait of Hormuz could result in a complete inversion of the yield curve. Amid the surge in real yields on 2-year Treasuries, real yields have been driving the flattening of the yield curve. As investor expectations for in

Swiss gold imports rose by 13.5% in June, reaching 174 tons.

Spot gold has just surpassed the $4,070.00/ounce mark, now quoted at $4,070.04/ounce, up 1.53% on the day; the main COMEX gold futures contract is now quoted at $4,073.50/ounce, up 1.43% on the day.

Spot platinum has just surpassed the $1,620.00/oz mark, now quoted at $1,620.33/oz, up 1.68% on the day; Nymex platinum futures main contract is now at $1,629.8/oz, up 1.61% on the day.