Oil prices rose in tandem with broader equity gains, indicating that investors believe global economic growth will continue even after COVID-19’s resurgence. On Tuesday, in New York, futures rose 2.7 per cent, the most in
On Tuesday, oil prices increased more than 1%. This recouped some of the previous session’s losses when prices hit a three-week low. Gains are likely to be restricted because mounting COVID-19 cases and Chinese curbs
Oil prices plummeted 4% on Monday. It extended the previous week’s sharp losses on the back of a strengthening U.S. currency and concerns about new coronavirus-related restrictions in Asia. Particularly China could hinder a worldwide
On Thursday, commodities prices were mixed. The cost of gold fell while the rest of the non-agricultural goods rose. Base metals held solid due to supply concerns, while crude oil increased due to geopolitical tensions.
Gold has slightly changed in Asia on Thursday morning. Investors digested remarks from a top U.S. Federal Reserve member indicating that the central bank may begin asset cutting sooner than expected. Gold futures were trading
Oil prices rose on Wednesday, buoyed by a drop in US inventories and geopolitical concerns in the Middle East. Gains limits by the rapid spread of the coronavirus Delta type in major consuming countries. By
Gold fell in Asia on Tuesday morning. Investors awaited the latest U.S. jobs report to forecast the Federal Reserve’s next policy move. Gold futures fell 0.49 per cent to $1,813.35 per ounce but remained over
Gold rose to its highest level in almost a week in Asia on Thursday morning. In its most recent policy decision, the Federal Reserve of the United States did not specify a date for its
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