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Commodities

Oil Futures Close on Marginal Gains

Oil prices registered modest gains on Thursday, following strong losses yesterday to their lowest level in a week due to concerns about the coronavirus pandemic. Brent crude futures for June delivery rose by 8 cents, or 0.1%, to close at $65.40 per barrel. Meanwhile, the West Texas Intermediate (WTI) crude …

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Gold Closes at Two-Month High

Gold prices rose on Wednesday for the second consecutive session to close at their highest level in about two months, supported by the decline of the U.S. Dollar (USD). The rapid resurgence of the coronavirus with a third wave of the pandemic is increasing demand for safe havens and negatively …

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