Commodities

Gold prices declined on Tuesday, losing the key $1,800 support level, as the U.S. Treasury yields rose significantly leading to increased demand from investors. The yellow metal futures for April delivery dropped by $24.20, or 1.3%, to close at $1,799 per ounce. This is the lowest closing level for gold’s …

Gold prices are showing a declining performance on Tuesday, amid a rise in the United States Treasury yields and a strong rebound by the U.S. Dollar (USD). In addition, an improved risk sentiment among investors is reducing demand for safe havens in favor of riskier assets. Spot gold is currently …

Crude oil prices are showing a mixed performance on Tuesday, with the U.S. benchmark futures rising amid cold weather conditions shutting production in Texas and raising demand for energy and heat sources. Meanwhile, the global benchmark Brent crude futures are showing a relative decline after recent surges with a strong …

Oil prices hovered today near a 13-month high on the back of sudden cold weather that caused the closure of wells in Texas, the largest oil producing state in the United States, while a wage deal in Norway avoided a supply disruption in Europe, curbing gains. Prices also increased with …

Platinum retreated from its highest level in nearly six and a half years, as prices reached a technical resistance level, but expectations that the global economic recovery would fuel demand kept the metal used to stimulate the auto sector supported above $ 1,300 an ounce. Platinum, which is used in …

Oil prices surged on Monday, as winter storms led to steep declines in temperatures across North America thus blasting demand for energy and heat. The global benchmark Brent crude futures rose by 1.4% to reach $63.30 per barrel, reaching their highest level since January 2020. Meanwhile, the U.S. West Texas …

Oil prices rose Monday, February 15th, to their highest levels in nearly 13 months, as escalating tension in the Middle East stimulated new purchases, while crude received support from hopes that an American stimulus and easing isolation measures would fuel demand for fuel. Brent crude rose $ 1.02, or 1.6%, …

Oil prices rose on Friday, supported by geopolitical tensions raising concerns about crude supplies from the Middle East. Brent crude futures for April delivery gained $1.29, or 2.1%, to close at $62.43 per barrel. For the week, the global benchmark crude most active contracts gained 5.2%. Meanwhile, the West Texas Intermediate …

Gold prices declined on Friday, due to the rise in the United States Treasury yields, narrowing their weekly gains that come for the first time in three weeks. Gold futures for April delivery closed lower by $3.60, or 0.2%, at $1,823.20 per ounce. On a weekly basis, the yellow metal most …

Gold retreated as the dollar and Treasury yields rose, but prices are on the path to achieving the best weekly performance in three weeks, as hopes for more US stimulus support the yellow metal. And gold fell in immediate transactions 0.2% to 1822.69 dollars an ounce. Prices have risen 0.6% …