Oil Market Outlook Brent crude futures slipped 43 cents, or 0.45%, to $95.2 a barrel, while U.S. West Texas Intermediate fell 24 cents, or 0.26%, to $90.77. The decline follows the latest exchange of fire between the U.S. and Iran, heightening fears of supply disruptions from the Middle East.
Oil prices swung between gains of up to $2 a barrel and losses of $1 during the previous session, with session highs marking the strongest levels since July 24.
Precious Metals Rally Gold rallied 1.6% as the dollar index dropped to 99.54, aided by a 0.07% rise in the Japanese yen to 158.59 per dollar. The weaker dollar enhances bullion’s appeal to foreign investors, who view it as a hedge against currency depreciation.
Silver climbed 1.9%, while platinum and palladium also posted gains. Market participants are watching Federal Reserve policy remarks closely, as they shape expectations for the U.S. interest‑rate trajectory and further influence precious‑metal pricing.