Gold prices stabilized on Friday, but were set to incur a loss for the second year in a row, as the Federal Reserve’s hike in interest rates severely weakened the attractiveness of non-yielding bullion. Spot gold rose 0.2 percent to $1,818.19 an ounce at 0540 GMT. US gold futures fell …

The dollar fell on Thursday after rising in the previous session, as investors fretted at the end of the year as initial optimism about China easing coronavirus restrictions and opening up the economy waned. The Japanese yen rose, in its latest trading, by 0.64 percent, to 133.66 against the dollar. …

The Russian ruble fell to an eight-month low against the dollar as it suffered under expectations that sanctions targeting Russian oil and gas could limit export earnings. The ruble fell 0.9% against the dollar by 0717 GMT to 72.83, its weakest level since April 27. It also fell 0.7% to …

The dollar stabilized on Thursday after long-term US Treasury yields rose overnight, as initial optimism about China easing coronavirus restrictions and opening up the economy waned. After China removed its quarantine rule for inbound travellers on January 8, countries such as the United States, Japan and India said they would …

Oil prices fell on Thursday as rising COVID-19 cases in China dampened hopes of a recovery in fuel demand in the world’s second-largest oil consumer. The scale of the recent outbreak in China and scepticism about official data has prompted some countries to enact new travel rules on Chinese visitors, …

Gold prices rose on Thursday as the dollar and US Treasury bond yields fell, while traders awaited new indications of the Federal Reserve’s plans to raise interest rates. Spot gold rose 0.2 percent to $1,807.57 an ounce at 0303 GMT, after falling 1 percent in the previous session. US gold …

Kremlin spokesman Dmitry Peskov said that his country did not consult OPEC + regarding its response to the Western price ceiling imposed on Russian oil, noting that Russia has the sovereign right to take whatever it deems appropriate to respond to such “illegal measures.” On Tuesday, Russian President Vladimir Putin …

European stocks rose in early trade on Wednesday and the FTSE 100 outperformed its peers after a long Christmas weekend as investors assessed Beijing’s steps towards reopening its Covid-hit economy. The STOXX 600 European shares rose 0.3 percent by 0809 GMT, while the Financial Times 100 rose 0.9 percent, as …

Oil prices fell on Wednesday on fears that a rising number of COVID-19 cases in China, the world’s largest oil importer, would impede the Asian country’s economic recovery as it eases pandemic restrictions, curbing oil demand growth. And by 0710 GMT, Brent crude futures for February delivery fell 68 cents, …

Gold fell on Wednesday, affected by pressure from the rising US dollar, but prices moved in a narrow range due to the absence of any new influences. By 0248 GMT, spot gold fell 0.2 percent to $1811.20 an ounce, and US gold futures fell 0.2 percent to $1818.90 an ounce. …