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Gold Remains a Haven in Times of Uncertainty

“Gold is money. Everything else is credit,” John Pierpont Morgan famously testified while giving evidence to a congressional subcommittee. Investors and market watchers have long regarded precious metals as the ultimate safe haven, a place to fall back on when the world seems to be going to hell in a …

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Oil Prices Edge Higher with Inflation, OPEC Cues on Tap

Oil prices rose slightly in Asian trade on Monday, recovering mildly from steep losses last week as traders awaited more cues on U.S. inflation and a meeting of the Organization of Petroleum Exporting Countries this week. Still, trading volumes were expected to be limited with market holidays in the U.S. …

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Iran to Boost Oil Output by 400,000 bpd

Iran’s Economic High Council, in its lates meeting, has ratified a plan to increase the country’s oil production by 400,000 barrels per day (bpd). The second meeting of the council in the current Iranian calendar year, 1403, ending March 19 2025, was held on Saturday while the interim president Mohammad …

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