Gold prices continued their upward trajectory in Asian trade on Thursday, marking a fourth consecutive session of gains as escalating tensions between Russia and Ukraine spurred safe-haven demand. However, the precious metal’s recovery faced headwinds from a robust U.S. dollar and uncertainty surrounding Federal Reserve rate decisions. Spot gold rose …
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Gold prices rallied to a one-week high on Tuesday, trading now at $2630.38, up +0.72%, driven by escalating geopolitical tensions between Russia and Ukraine. The Kremlin’s announcement of a revised nuclear doctrine, which views attacks from non-nuclear states backed by nuclear powers as joint attacks, sparked investor concerns. As a …
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Oil prices surged on Monday, driven by a combination of factors including a production halt at Norway’s Johan Sverdrup oilfield and escalating tensions in the Russia-Ukraine war.Brent crude futures climbed by 2.9% to $73.10 a barrel, while U.S. West Texas Intermediate crude futures rose by 2.9% to $68.99 a barrel. …
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US equities were mixed throughout Friday but eventually closed higher for the week after a streak of up and down days on Wall Street as investors digest the path ahead for the US central bank’s interest rate hikes and a host of new sanctions imposed by Western nations against Russia.The …
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