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Commodity price

Oil Slips to $78

Oil dipped to approximately $78 a barrel on Friday amid speculation that OPEC+ producers could increase output to alleviate supply concerns. However, oil remained close to a three-year high set

Gold and silver

Why Is Gold Down $90?

Gold should end September at almost $90 lower. Analysts predict a washout if the price falls below $1,700 per ounce. According to economists, the two-punch combo of rising US Treasury

Gold

Gold Edges Up

Gold prices rose on Wednesday as a modest drop in US bond yields gave support against rising expectations of faster-than-expected US interest rate hikes. This pushed the dollar to a

Saudi Arabia Oil

Oil Hits Three-Year High

On Tuesday, a worldwide energy supply shortage erupted into crude markets. It sent oil prices to their highest levels in three years. Brent crude oil, the global benchmark, flirted with

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