Good Reads
Gold slips on inflation concerns as high oil prices and stronger dollar weigh
Gold prices fell on Thursday, pressured by a stronger dollar and elevated oil prices that stoked inflation worries, as investors tried to assess the conflict direction from stalled U.S.-Iran talks. Spot gold was down 0.8% at $4,699.85 per ounce, as of 1007 GMT. U.S. gold futures for June delivery fell 0.8% to $4,716.20. Read on »
Freeport-McMoRan stock craters on Grasberg ramp-up delay
Quarterly earnings from Freeport-McMoRan (FCX) released on Thursday disappointed investors, with the counter falling by more than 13% in heavy volumes, cutting its market value to below $90B in New York. While Freeport beat Wall Street estimates for Q1 profits boosted by higher copper prices, investors’ focus was squarely on progress to restore the company’s Indonesian copper and gold mine to full production. Read on »
Gold, silver and copper market updates
Gold and silver have largely defied traditional safe-haven expectations during the 2026 Iran conflict, experiencing significant volatility and price declines rather than consistent rallies. Gold fell over 10% and silver over 20% in March 2026, often dropping when oil prices spiked as investors sold assets, including gold, for liquidity amid a stronger US dollar. Read on »
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