Commodities

Gold prices moved in a narrow range on Thursday as cautious investors awaited US economic data due later in the day, which could affect the pace of the Federal Reserve raising interest rates. And gold recorded in instant transactions $ 1814.03 an ounce by 1118 GMT. And US gold futures …

Gold rose on Thursday, supported by a weak dollar amid weak trading due to the holiday season, but prices moved in a narrow range as market participants await economic data in search of more guidance. Gold in instant transactions rose 0.2 percent to $ 1818.40 an ounce by 0225 GMT. …

Oil prices rose on Thursday for the fourth consecutive day as inventories of crude, heating oil and jet fuel grew tighter in the United States as a winter storm swept the country and travel was set to pick up for the holiday season. And by 0422 GMT, Brent crude futures …

Gold price could be best teller of market drivers’ story on Wednesday. Gold price remains on its direct way to snap two-week uptrend. The US data reinforce the dollar’s recovery but firmer sentiment is sufficient to keep gold buyers hopeful.Economic DataOn Wednesday, US Conference Board’s Consumer Confidence jumped to the …

Gold price remains on its direct way to snap two-week uptrend. The US data reinforce the dollar’s recovery but firmer sentiment is sufficient to keep gold buyers hopeful.US Gross Domestic Product is expected to confirm initial forecasts for Q3, suggesting further uptrend for the Gold Index, meanwhile, the several news …

Gold prices fell on Wednesday in a narrow range in light of the rise of the dollar, but the precious metal did not move far from the highest level in a week, which it recorded in the previous session, amid anticipation of economic data to be published during the current …

The Russian ruble fell to its lowest level since early May, crossing 70 to the dollar on Wednesday, bringing its monthly losses to nearly 14 percent, amid fears of sanctions imposed on Russian oil and gas. And by 0939 GMT, the ruble fell 2.5 percent against the dollar, recording 70.60, …

Gold prices fell on Wednesday, after hitting a one-week high in the previous session, on the back of the dollar regaining some strength, which makes bullion priced in the US currency more expensive for buyers abroad. Spot gold fell 0.2 percent to $1,813.55 an ounce by 0623 GMT, after rising …

Oil prices were little changed on Wednesday, as concerns about rising COVID-19 cases in China, the world’s largest oil importer, were offset by a larger-than-expected draw in US crude inventories. Brent crude futures rose seven cents, or 0.1 percent, to $80.06 a barrel by 0404 GMT, while US West Texas …

Gold is trading at $ 1818.31 per ounce at the time of writing versus the previous closing price at only $1787.30 on Monday. Gold price is making tracks to the upside despite the Bank of Japan’s surprise relaxation on the yield of its 10-year bonds (JGBs).US Dollar is sinking while …