Gold softens on prospects of Fed rate hikes as Brent tops US$100
Global benchmark Brent crude eased 0.63 per cent to US$100.10 per barrel at 9.43 am following consecutive US military strikes against Iran.
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Summary
Brent crude is up roughly by 65.5 per cent year-to-date, based on Thursday’s US$100.69 close versus the Dec 31, 2025 settlement of US$60.85. KUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies. NEW YORK: Gold edged lower on Friday after falling two per cent in the last session, as Brent crude's move back above US$100 a barrel stoked inflation concerns and strengthened the case for higher interest rates.
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Brent crude is up roughly by 65.5 per cent year-to-date, based on Thursday’s US$100.69 close versus the Dec 31, 2025 settlement of US$60.85.
according to BernamaKUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies.
according to BernamaNEW YORK: Gold edged lower on Friday after falling two per cent in the last session, as Brent crude's move back above US$100 a barrel stoked inflation concerns and strengthened the case for higher interest rates
according to New Straits Times
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