Commodities

Gold prices stabilized Monday, September 13th as the dollar rose, while investors were cautious ahead of US consumer price readings that could determine the Fed’s decision on when to begin tapering. Spot transactions settled at $ 1787.96 an ounce, while US gold futures fell 0.2% to $ 1789. The dollar …

Oil rose towards $73 a barrel on Friday, supported by increasing indications of tight supplies in the United States as a result of Hurricane Ida, and hopes for trade between the United States and China boosted appetite for riskier assets. About three-quarters of offshore oil production in the US Gulf …

Gold surpassed $1,800 on Friday, boosted by bets that central banks may keep interest rates relatively low to stave off continuing risks to growth. But the dollar’s rise in general, with investors seeking indications about the timing of the schedule to reduce stimulus by the US Federal Reserve, kept gold …

Gold fell in Thursday morning trading in Asia, remaining near two-week lows. The strengthening of dollar index futures also contributed to the losses of the yellow metal, while investors are also awaiting the latest policy decision of the European Central Bank. Also, gold futures fell 0.21% to $1,789.75 after reaching …

Oil prices rose for the second session on Thursday, compensating for losses incurred earlier in the session, as the market received support from the decline in US production in the Gulf of Mexico due to the damage caused by Hurricane Ida. By 0616 GMT, Brent crude rose 26 cents, or …

Gold fell, as the dollar’s rise and concerns about global growth affected risk appetite, while investors awaited any signals from major central banks after policymakers hinted at their support for reducing pandemic-era stimulus measures. Spot gold fell 0.1 percent to $1,788.11 an ounce, hovering near a two-week low reached in …

Gold prices stabilized today, Wednesday, below the important level of 1,800 dollars, as the rise of the dollar led to an increase in the cost of gold to holders of other currencies, while investors awaited indications from the major central banks regarding measures to reduce stimulus. And gold settled in …

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 …