Spot gold prices fell slightly to around $4,446.50 an ounce, pressured by rising U.S. Treasury yields and higher oil prices following renewed U.S.-Iran military tensions. Silver edged up modestly to $66.36 an ounce. The geopolitical conflict near the Strait of Hormuz pushed oil prices above $90 for Brent crude, increasing inflation concerns and the likelihood of further Fed rate hikes. U.S. stock markets closed lower as investors reacted to these developments. Key upcoming U.S. economic data releases this week will influence market direction further. Gold remains supported by safe-haven demand but capped by higher yields and rate hike expectations.
Finbold's AI-driven analysis forecasts Bitcoin's price by September 30, 2026, with mixed predictions ranging from a modest 1.37% increase to $79,674 to a 9.05% decline to $71,500. Among five AI models, ChatGPT-5.6 Sol is the most bullish, predicting ...
The S&P 500's top 10 companies now represent about 38% of the index, heavily concentrating investor exposure in a few mega-cap tech giants like Nvidia, Apple, and Microsoft. This concentration reduces diversification for investors relying solely on t...
88 Energy has maintained a 'buy' rating and a 19.8p price target from broker Cavendish, citing a potential 1,786% upside. The company is moving forward with its Namibian exploration by applying for the second renewal period of its PEL 93 joint ventur...
Ondine Biomedical's shares rose 14% following positive phase 3 trial results for its nasal photodisinfection technology, which reduced surgical site infections by an estimated 40% compared to standard care. The LANTERN study involved over 5,000 patie...
Bunzl PLC reported better-than-expected first-half margins and announced a £500 million share buyback, leading to positive broker reactions. Adjusted operating profit rose 8.9% to £440.6 million, surpassing forecasts, with revenue growth of 3.2% driv...
