Commodities

Gold and silver prices are hesitantly lower in midday US session on Tuesday. Hawkish signals on monetary policies from the US central bank as well as other major central banks cast greyish shades on the stock and financial markets at the present moment.The hawkish tone with expectations of aggressive tightening …

Oil prices dropped on Tuesday, following other risk assets’ downtrend, while the US dollar remains strong and investors anticipate more central bank interest-rate hikes designed to contain inflation.The US Federal Reserve is expected to raise interest rates by another 75 basis points on Wednesday in an additional step aiming at …

Gold prices fell on Tuesday, September 20, under pressure from the stability of the dollar and the rise in US bond yields, at a time when the US Federal Reserve is preparing to announce a major interest rate hike to curb inflation. And gold fell in spot transactions by 0.4% …

Oil prices have advanced slightly amid higher volatile trading on Monday, as worries of tight supplies outweighed fears of global economic slowdown and likely large increases to interest rates.Brent crude for November rose 65 cents, or 0.7%, to $90.6 a barrel, while US West Texas Intermediate (WTI) for October was …

Oil prices have advanced slightly amid higher volatile trading on Monday, as worries of tight supplies outweighed fears of global economic slowdown and likely large increases to interest rates.Brent crude for November rose 65 cents, or 0.7%, to $90.6 a barrel, while US West Texas Intermediate (WTI) for October was …

The impact of Russia’s sudden block of natural gas taps to Europe has saturated manufacturers and businesses in fresh risks. Energy prices climbed so fast that some factory owners had to rewrite business forecasts six times in two months. Recently, some manufacturers have put a third of their employees on …

The financial markets’ focus is still on major central banks as the US dollar and Treasury yields continue to dictate their saying. Gold prices encounter some pressure at the start of this week, earlier on the day, prices were sliding by 0.20% after falling from $1679 high to $1,659 low …

The International Energy Forum said on Monday, citing data from the Joint Organizations Data Initiative (JODI), that Saudi crude oil exports rose for the second month in a row to their highest level in more than two years. Saudi exports in July rose 2.5 percent to 7.38 million barrels per …

Oil prices fell more than 1% on Monday, weighed by expectations of sluggish global demand and a stronger dollar ahead of a possible significant interest rate hike. However, supply worries are limiting the price slide. The world’s central banks will almost certainly raise interest rates this week, and the Federal …

Gold fell on Monday under the weight of the dollar’s rally as investors braced for a significant rate hike expected from the US Federal Reserve and other central banks this week to bring down inflation. And gold fell in spot transactions 0.8 percent to $ 1661.65 an ounce at 0724 …