Commodities

Gold prices fell on Monday for the second consecutive session as investors’ focus turned to Federal Reserve meetings to clarify its strategies to raise interest rates, which could highlight any progress in taming inflation. The spot gold price fell 0.1 percent to $1,980.89 an ounce by 0613 GMT. US gold …

Prices for WTI have recovered from recent lows at $77,000. Crude oil lost four straight weeks of gains. On Friday, traders’ attitude was still negatively impacted by recession worries.Prices for WTI barrels manage to rekindle some buyer interest on Friday, moving beyond the $78.00 threshold.Following a significant rejection from post-OPEC+ …

Financial markets experienced volatility on Wednesday, with strong price increases in currencies and metals. US stocks fluctuated between gains and losses, and although the US Dollar somewhat increased, it fell during the American session. Economic Data Fed’s Beige Book states that “economic activity was hardly changed in recent weeks. The …

Following price movement in both directions, the price of gold is currently consolidating. The motivating force is the Fed’s outlook, which has an eye on crucial support. As the US Dollar strengthens once more, the price of gold is down about 0.5% on the day and has fallen below the …

Data from the Energy Information Administration on Wednesday showed that US crude oil inventories fell more than expected due to refinery consumption and higher exports, while gasoline inventories rose unexpectedly due to disappointing demand. Crude stocks fell by 4.6 million barrels in the week ending April 14 to 466 million …

Oil prices fell on Wednesday as the market assessed the possibility of the Federal Reserve raising interest rates which could slow growth and reduce oil consumption, which was offset by falling US inventories and strong Chinese economic data. And by 0641 GMT, Brent crude futures fell 35 cents, or 0.4 …

The dollar stabilized on Wednesday after swinging amid bond market volatility in previous sessions, as investors focused on US economic indicators, Federal Reserve comments and corporate earnings in search of clues to the path of interest rates. The dollar index, which measures the performance of the US currency against six …

On a quiet Tuesday in the US session across financial markets, the US dollar fell. The Dollar Index declined again below 102.00, but it is still a long way from its recent low. US yields barely changed and remained close to recent monthly highs.Economic DataIn the first quarter, China’s GDP …

Prices for WTI extended last US session’s drop near $80.00 though crude oil received some initial support from encouraging Chinese data. The API’s weekly report on inventory is awaited at the moment. On Tuesday, renewed selling pressure pushes the price of a barrel of American benchmark sweet light crude oil …

Gold prices rose on Tuesday as the dollar weakened, as investors await more clues about the Federal Reserve’s interest rate path. Spot gold rose 0.2 percent to $2,001.09 an ounce by 0457 GMT. And US gold futures rose 0.2 percent to 2011.10 dollars. The dollar index fell 0.1%, making bullion …