Gold, currency and oil prices, and essential economic and market news.
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The Iranian rial continued its collapse against the dollar, hitting a record low of around 2.7 million rials per dollar and losing more than 80% of its value since the start of 2026.
133.16
USD / g1.9459
USD / g113.96
USD / bbl96.16
USD / bbl1.1287
USD49.078
TRYThe Group of Seven announced the release of 100 million barrels from strategic reserves after a US threat to halt diesel exports.
Iraq and Turkey discussed increasing oil export capacity via the port of Ceyhan as part of ongoing negotiations to prepare a new export agreement between the two countries.
Hedge fund holdings of US Treasuries rose to two trillion dollars at the end of 2025, equivalent to about 7% of marketable debt, amid warnings over leverage and short-term funding risks. At the same time, hedge fund activity helps provide liquidity to a market worth about 30 trillion dollars.
The Iraqi Oil Tanker Company said it had transported 2 million barrels of Iraqi crude aboard a giant tanker beyond the Strait of Hormuz, describing the operation as the first of its kind in decades. The move is intended to give Iraq’s oil marketing company SOMO greater flexibility in sales and allow it to take advantage of pricing opportunities.
The International Energy Agency said on Saturday that member countries had so far released 325 million barrels of oil and petroleum products from strategic reserves, out of the 400 million barrels they pledged to release in March, as the Group of Seven moved to release 100 million barrels of diesel and crude oil.
The International Energy Agency said its member countries have so far released 325 million barrels of oil and petroleum products from strategic reserves, out of the 400 million barrels they pledged to release.
Latest reference closing rates from US EIA.
113.96
USD / bbl96.16
USD / bblLatest gold and silver prices compared to previous data.
133.16
USD / g1.9459
USD / g1.1287
USD49.078
TRY3.75
SAR3.6725
AED
