Over 190,000 liquidations! Crypto surges across the board! Gold and oil prices strengthen!!!
International gold prices are up 5% this week. The U.S. Treasury plans to double the size of its Treasury buyback program, a development that has pushed gold prices higher. COMEX gold futures for the December delivery jumped to a new high since April on Friday, reaching $4,632.18 per ounce. The asset posted gains for the fifth consecutive week—its longest winning streak since October 2025.
International oil prices closed higher for the second straight week. Brent crude fell slightly on Friday, but this month’s gain is close to 6%. On Thursday, Brent crude rose above $93 per barrel for the first time since July 24. Traders are assessing the prospect of “devastating” economic sanctions on Iran amid U.S. threats. With the outlook for shipping traffic through the Strait of Hormuz remaining bleak #XAU $XAU
International gold prices are up 5% this week. The U.S. Treasury plans to double the size of its Treasury buyback program, a development that has pushed gold prices higher. COMEX gold futures for the December delivery jumped to a new high since April on Friday, reaching $4,632.18 per ounce. The asset posted gains for the fifth consecutive week—its longest winning streak since October 2025.
International oil prices closed higher for the second straight week. Brent crude fell slightly on Friday, but this month’s gain is close to 6%. On Thursday, Brent crude rose above $93 per barrel for the first time since July 24. Traders are assessing the prospect of “devastating” economic sanctions on Iran amid U.S. threats. With the outlook for shipping traffic through the Strait of Hormuz remaining bleak #XAU $XAU