Commodities

Oil prices declined on Tuesday, to finish near their lowest level in about a week, with the U.S. Dollar (USD) rising across the board and mixed expectations for economic data and recovery indicators. The spread of the coronavirus Delta variant, as well as production disruptions caused by Hurricane Ida, continue …

Gold prices declined on Tuesday, amid anticipation for major economic data, subsequent monetary policy adjustments, and a strong performance by the U.S. Dollar (USD) against major peers. Gold futures lost $35, or 1.91%, to finish at $1795.90 per ounce, giving up the $1,800 level. This is the lowest closing level …

Gold prices fell on Monday as the dollar rose, but renewed bets that the US Federal Reserve may slowly reduce its stimulus program to support the economy kept the precious metal near its highest level in two and a half months. And gold for immediate selling ended the trading session …

Oil prices declined on Monday, with markets digesting the recent decision by the OPEC+ plus, following disruptions in North American due to Hurricane Ida and concerns over the pandemic. Brent Crude futures for November delivery closed down by 39 cents or 0.54% at $72.22 per barrel. This is the second …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. the US Non-Farm Payrolls Report The US job data had a massive impact on …

Gold prices rose on Monday, hovering around a two-and-a-half-month peak after disappointing US jobs data raised hopes that the Federal Reserve may wait a little longer to scale back its stimulus measures. Gold spot transactions 0.1 percent to $ 1827.82 an ounce. In the previous session, prices rose to their …

Oil prices extended their decline on Monday after Saudi Arabia, the world’s largest exporter, cut crude prices for Asia at the weekend, indicating a good supply in global markets. Brent crude futures for November fell 57 cents, or 0.8%, to $72.04 a barrel by 01:01 GMT, while US West Texas …

Gold prices rose on Friday, after data showed disappointing progress by the U.S. labor market, with a lower than expected increase in nonfarm payrolls during August, which increased concerns over the pace of recovery from the coronavirus pandemic. The jobs report led to the decline of the Dollar Index (DXY) …

Oil prices closed lower on Friday after data showed disappointing progress by the U.S. labor market, with a lower than expected increase in nonfarm payrolls during August, which increased concerns over the pace of recovery from the coronavirus pandemic. However, crude futures managed to close higher for the week, amid …

Gold prices rose on Friday, supported by a weak dollar, as investors awaited US jobs data to learn about the Federal Reserve’s plans to start reducing asset purchases. Gold rose in spot transactions 0.2% to $ 1812.97 an ounce by 0641 GMT, and it fell 0.2% for the week. US …