Commodities

Gold prices rose on Tuesday as a recent decline in the dollar and Treasury yields showed signs that the economy was overheating, ahead of crucial inflation and jobs data this week that could determine the future of interest rates. And by 0645 GMT, spot gold rose 0.2 percent to $ …

Oil prices fell on Tuesday amid fears that further potential interest rate hikes in the US would lower demand, outweighing concerns that a tropical storm off the US Gulf Coast could affect supplies. And by 0640 GMT, Brent crude fell 19 cents, or 0.2 percent, to $ 84.23 a barrel, …

WTI has surged despite Chinese economic fears, trading near $80.00 and at $79.94 per barrel. The fragile Chinese economic situation limits upside potential, but markets are monitoring potential supports from the Chinese government.Oil prices managed to maintain momentum despite the fragile real-estate sector and the plummeting Evergrande’s stock. The US …

After a strong recovery, the price of gold has levelled out as investors look for new reasons to take action. At the time of writing, the precious metal is selling for $1921.51 per ounce. At the Jackson Hole Symposium, Fed Chair Jerome Powell reaffirmed that future policy decisions will be …

Oil prices were little changed on Monday after China took steps to support its ailing economy, although investors remained concerned about the pace of growth as well as possible new hikes in US interest rates that could dampen demand for oil. China has halved the stamp duty on stock trading …

Gold prices rose Monday, August 28, despite US Federal Reserve Chairman Jerome Powell’s statements about the possibility of further rate hikes, as markets seek indications through economic data this week to draw a clearer picture of the path of interest rates. Spot gold rose 0.1% to $1,915.99 an ounce by …

All economic developments and investor-focused topics in the previous trading week were eclipsed by the speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell on Friday. Hawkish stances from Jackson HoleECB President Christine Lagarde and Fed Chair Jerome Powell addressed key economic developments and investor-focused topics. Lagarde emphasized …

Gold prices fell on Friday as the dollar rose to a ten-week high, but the precious metal was set to post its best performance in six weeks ahead of a speech by Federal Reserve Chairman Jerome Powell that could provide clues about interest rate movements. Gold futures fell 0.2 percent …

The WTI crude oil is climbing to $79.05 per barrel, up 0.20%, at the time of writing, as hawkish signals by Fed officials initially dent but later fail to suppress oil prices.Iran announces plans to ramp up crude oil production to 3.4 million bpd by the end of September. The …

Gold prices rose to their highest levels in two weeks on Thursday, as a decline in the dollar and Treasury yields increased the appetite of investors for bullion, as they awaited clues about the path of interest rates during a meeting of central bankers in Jackson Hole. And by 0629 …