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Defensive Demand Lifts Metals as Oil Surges on US Sanctions
Global markets traded cautiously on Thursday as investors shifted toward defensive assets amid renewed geopolitical tensions. Gold softened slightly but stayed supported by risk-off flows, while silver advanced above $48.50 as investors sought portfolio protection. Oil prices jumped beyond $60.00 after the US imposed sanctions on Russian energy companies, raising concerns over potential supply disruptions. Meanwhile, the US Dollar Index hovered near 99.00 as optimism surrounding a possible US–China trade deal underpinned broader market sentiment. Gold prices slipped modestly below $4,250 as traders booked profits ... (full story)
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- Oct 23, 2025 6:33am Posted byTechnical Analysis214
