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9h agoOil Surges 5% and Gold Climbs 1% as Commodities Rebound
Oil prices spiked 5% to $61 per barrel following renewed sanctions-driven supply concerns, while gold gained 1% on safe-haven inflows. Analysts cited a rare synchronized commodities rally as investors hedged against inflation and geopolitical uncertainty. The dual-session rebound marked the strongest performance since mid-2024, with energy and metals ETFs seeing record volumes. Traders expect volatility to persist as markets digest mixed economic data and anticipate Friday’s CPI release for cues on inflation trajectory.
positive
9h agoOil Surges 5% and Gold Climbs 1% as Commodities Rebound
Oil prices spiked 5% to $61 per barrel following renewed sanctions-driven supply concerns, while gold gained 1% on safe-haven inflows. Analysts cited a rare synchronized commodities rally as investors hedged against inflation and geopolitical uncertainty. The dual-session rebound marked the strongest performance since mid-2024, with energy and metals ETFs seeing record volumes. Traders expect volatility to persist as markets digest mixed economic data and anticipate Friday’s CPI release for cues on inflation trajectory.
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Oil Surges 5% and Gold Climbs 1% as Commodities Rebound
about 9 hours ago
1 min read
73 words
Oil jumped 5% and gold rose 1% in the strongest dual-session rally since 2024, driven by supply disruptions and renewed inflation-hedging demand.
Oil prices spiked 5% to $61 per barrel following renewed sanctions-driven supply concerns, while gold gained 1% on safe-haven inflows. Analysts cited a rare synchronized commodities rally as investors hedged against inflation and geopolitical uncertainty. The dual-session rebound marked the strongest performance since mid-2024, with energy and metals ETFs seeing record volumes. Traders expect volatility to persist as markets digest mixed economic data and anticipate Friday’s CPI release for cues on inflation trajectory.
Oil prices spiked 5% to $61 per barrel following renewed sanctions-driven supply concerns, while gold gained 1% on safe-haven inflows. Analysts cited a rare synchronized commodities rally as investors hedged against inflation and geopolitical uncertainty. The dual-session rebound marked the strongest performance since mid-2024, with energy and metals ETFs seeing record volumes. Traders expect volatility to persist as markets digest mixed economic data and anticipate Friday’s CPI release for cues on inflation trajectory.
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oil
gold
oil
gold
commodities
inflation
markets
Source:
Oct 23, 2025 • 19:29 IST