Oil prices soared on Monday, strong demand during the summer driving season and the suspension of talks to renew Iran’s nuclear deal could lead to a resumption of crude supplies from OPEC manufacturers. Brent crude for August 0825 GMT was up 23 cents, or 0.3%, at $ 73.74 a barrel. U.S. for July West Texas…
Gold rose in Asia on Friday morning. However, U.S. investors continue to digest the Federal Reserve’s surprisingly bad policy decision, the yellow metal is set to close at its lowest level since March 2020. Gold futures rose 0.60% to $ 1,785.45. The dollar fell on Friday after hitting a two-month high but went into its…
After the US Federal Reserve identified that it may raise interest rates faster than expected, the U.S. Crude oil prices fell on Thursday as the dollar strengthened, but losses 8849 | U.S. crude oil cargo. After reaching a high from April 2019 in the previous session, Brent crude oil futures fell 42 cents, or 0.6%,…
Gold fell in Asia on Thursday morning, but the yellow metal recovered cautiously after recording its biggest fall in five months during the previous session. The U.S. Investors continue to digest the latest policy decision of the Federal Reserve, which indicates that interest rates may rise sooner than expected. Gold futures were down 2.07% at…
Continuous contracting of lead significant fluctuations are seen in the Multi Commodity Exchange (MCX) beginning of 2021. It rallied until the final week in February, it peaked at ₹181.3. However, the deal began with making a Stern head south. It went back after receiving the support of ₹158 in mid-March. Again ₹181 acted as a…
Zinc prices in the global market are expected to remain stable over, $2,750 per ton. The rest of this year decreasing surplus, supply disorders including smelting, Chinese demand, and redemption in the world Economy. Zinc prices hit a three-year high of $ 3,085 per tonne last month but slipped after that. Currently, zinc three-month contracts…
With oil prices soaring on Tuesday and Brent gaining ground for the fourth consecutive session, expectations of an additional supply to the market from Iran soon faded, dragging talks on the US rejoining the nuclear deal with Tehran. Brent crude was up 38 cents, or 0.5%, at $ 73.24 a barrel at 0651 GMT, up…
Gold fell in Asia on Tuesday morning, following its losses following a month-long low during the previous session. Investors are looking to the U.S. for further clues on inflation and the central bank’s future monetary policy. Waiting for the Federal Reserve policy decision. Gold futures fell 0.12% to 8,863.60. The dollar, which normally moves in…
Oil prices are up on Monday (Nasdaq: MNDY) due to an improved outlook for demand as increased COVID-19 vaccines help lift travel restrictions. Brent crude rose 14 cents or 0.2% to 0123 GMT. Was 72.83. It rose 1.1% last week to $ 73.09 on Friday, May 2019. The U.S. The West Texas Intermediate was up…
Copper relaxed on Thursday, raising concerns over price controls after Chinese officials promised to keep a tab on rising commodity costs. Three-month copper was down 0.3% at $ 9,949 a tonne on the London Metal Exchange CMCU3, while the most-traded July copper deal on the Shanghai Futures Exchange SCFCV1 was down 0.2% at 71,480. As…
