The Iran war led to the first platinum surplus in six quarters for the period January to March, the World Platinum Investment Council said, as investment demand fell and high energy prices.
Indian banks have resumed gold and silver imports after a hiatus that stretched for more than a month by agreeing to pay a 3% customs levy that earlier prompted lenders to halt.
Oil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns.
Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track for a record one-day gain, while gold fell 2% as an escalating Iran war squeezed world.
Following are key facts about the oil and mining sectors of Venezuela, whose President Nicolas Maduro was captured by US forces on Saturday.
Reserves
Venezuela has the world’s largest estimated oil reserves but its.
Gold, silver and platinum jumped to all-time highs on Friday to extend a historic end-of-year rally for precious metals, with support from escalating geopolitical tensions and US dollar weakness.
Spot gold set a.
The Trump administration plans more “historic deals” with the US mining sector to boost production of critical minerals for the national defense and high-tech sectors, a senior official said on Monday.
Earlier this.
US president Donald Trump moved Friday to exempt graphite, tungsten, uranium, gold bullion and other metals from his country-based tariffs, while subjecting silicone products to the levies.
The changes are set to take.
The US dollar clawed back some ground in Asian trading on Tuesday following five days of selling, ahead of the return of US traders from the Labor Day holiday.
The dollar index was.
Australian researchers have upended decades of geological theory, revealing that the world’s richest hard-rock lithium deposits likely formed deeper in the Earth than previously thought.
The breakthrough, led by Curtin University and the.
