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Gold faced gains as crude oil plummeted

27.04.2020

Gold prices saw some gains in early US trading Monday. The yellow metal still has a firmly bullish technical posture. June futures for gold Crude oil prices dropped sharply. Gold

Analysts say the oil prices could drop to negative $100 a barrel

Oil prices could drop to minus $100 a barrel

24.04.2020

Strategists say that if the collapse in oil prices this week was bad, it could be fundamentally worse next month. In fact, prices could fall as low as -$100 per

Saudi Arabia plans to draw down Ryals

23.04.2020

In an attempt to stem the damage of low oil prices, Saudi Arabia plans to reduce Riyals to 120 billion ($32 billion) from its cash reserves. Mohammed Al-Jadaan, the minister

Gold Retrieves $1,700 for Optimism; New Avalanche of Dollar

22.04.2020

Gold regained its luster on Wednesday after a bad day on Tuesday and is currently recovering the 1,700 level against the dollar. The reason is the approval of the expansion