COMMODITIES

Gold prices gained in Asian trade on Thursday but traded below the critical $2,050 level as the US dollar recuperated losses on increased uncertainty over the timing of the Federal

Oil prices weakened on Wednesday after posting steep gains, as energy markets factored in US economic concerns and possible supply disruptions from the continued crisis in the Red Sea. Global

Oil prices started the New Year in the green on Tuesday, driven by the prospect of supply disruptions in the Middle East as the conflict in the Red Sea continued,

In 2023, gold prices increased by 14%, while silver witnessed an 8% rise. Projections for 2024 anticipate a 10-11% rise in gold and a more substantial 12-15% increase in silver.