Commodities

European Commission chief Ursula von der Leyen on Tuesday said the leaks of the Nord Stream pipelines were caused by sabotage.The EU’s official also warned of the “strongest possible response” should active European energy infrastructure be attacked.Ursula von der Leyen spoke to Danish Prime Minister Mette Frederiksen on the sabotage …

Gold is trading at $1629.30 per ounce at the time of writing versus Monday’s closing price of $1622.15. Gold price is relatively higher on the day as markets head into the close of Wall Street. The yellow metal gained ground on Tuesday as bulls moved in at the lowest levels …

Gold prices jumped 1 percent on Tuesday as the dollar weakened, although the Federal Reserve’s expectations of a further interest rate hike kept the precious metal near its lowest level in two and a half years. And the price of gold in spot transactions increased by 1.1 percent to 1639.94 …

Oil prices rose more than 1 percent on Tuesday, after plunging to a nine-month low the previous day, amid signs that the OPEC+ alliance may begin to cut production to avoid a further price collapse. US NYMEX crude rose to levels near $78 a barrel during these moments of trading …

Gold is sliding into fresh lows after being held back by the bears below $1,650 on corrections on Monday. The precious metal dropped to the lowest in more than two years while the US dollar extends its uptrend due to recession-linked fears and rising interest rates. The US bond yields …

Brent crude futures briefly consolidated above the $86 per barrel mark, before the price fell to around $85. At the time of writing, Brent is trading at $85.25 versus Monday’s opening price at $86.11 after departing the eight-month low of $84.6, supported by concerns about further supply disruptions, particularly those …

Brent crude fell below $85 a barrel Monday, September 26th, as recession fears weighed on the US dollar. Brent crude futures fell to around $84.53 early in the day, before recovering to trade around $85.25, and West Texas Intermediate crude futures also retreated from their lowest levels to trade around …

Gold prices settled near their lowest level in two and a half years today, Monday, affected by the rise in the dollar and with the adoption of a tough stance by major central banks on interest rates to reduce inflation. And the price of gold in spot transactions fell 0.3% …

Gold price stumbled to thirty month low at $1638.90 on Friday before it turned back to trade at $1643 per ounce at the time of writing versus Thursday’s closing price at $1670.95. Volatility in the markets and dramatic FX plays did not leave gold untouched as the precious metal fell …

WTI, drops below $80.00 per barrel on Friday, while the US Dollar remains buoyant as the US Dollar Index rises to levels last seen on May 2002, a headwind for the US dollar-denominated commodity. Therefore, WTI is trading at $78.80, below its opening price by almost 6%, after hitting a …