Commodities

Gold Ticks Up then Ends Below $1,800; Oil Prices Steady

Gold futures posted a small gain on Tuesday, but ended once again below the closely monitored $1,800-an-ounce mark.  The yellow…

3 years ago

Oil Prices Fell amid Concerns on COVID-19 Infection Surge

On Monday, July 26, oil prices fell amid investors’ concerns over the surging COVID-19 infections. This weighed on the market…

3 years ago

Oil Lowers But Set to End the Week Steady; Gold Inches Down

Brent crude fell 11 cents, or 0.2%, at $73.68 a barrel by 0810 GMT. It previously added 2.2% on Thursday.…

3 years ago

Gold Up as Jobless Claims Rise; Oil Continues to Bounce

Gold recovered an early loss on Thursday after the release of data indicating an unexpected rise in U.S. jobless claims.…

3 years ago

In U.S. crude stocks, oil retreats

Oil prices dipped on Wednesday after an industry survey revealed an unexpected build-up in U.S. oil stocks last week. This…

3 years ago

Global trade has recovered, but tensions remain

Globalisation has returned with such a vengeance that shipping companies are scrambling to keep up, driving freight rates skyrocketing. The…

3 years ago

Gold and Oil Rise as COVID Worries Continue to Surge

Gold rose in Asia early on Tuesday morning amid the recent surge in the COVID Delta variant.  The same virus…

3 years ago

OPEC+ Agrees to Boost Oil Supply

The ministers of the OPEC+ came to an agreement on Sunday to strengthen oil supply starting August. This is in…

3 years ago

Copper Regains Strength as China Becomes Dovish

Copper shines anew on the last trading day of the week, following expectations on China’s further monetary easing. On Thursday,…

3 years ago

West Texas Intermediate Descends Back to $73/bbl

The West Texas Intermediate could not handle the pressure of the lack of strong price catalysts on the market. The…

3 years ago

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