Gold prices declined as tensions escalated in the Middle East following Iran's attack on the UAE, leading to increased demand for safe-haven assets but reduced interest in precious metals seen as risk assets. The U.S. dollar strengthened alongside a 5% rise in Brent oil prices, pressuring gold and silver further. Silver and platinum also fell, with silver testing key support levels and platinum impacted by higher oil prices and falling industrial demand. If gold breaks below current support, it could drop further toward $4350-$4370, while silver and platinum face similar downside risks amid ongoing geopolitical uncertainty.
Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...
Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
