Gold fell in Asia on Tuesday morning, hovering below $ 1,900 as investors waited for more traces later in the week to measure inflationary pressure. Gold futures are down 0.03% at 89,898.30. The dollar, which normally moves in the opposite direction to gold, was the terminal but was lower than the three-week high of 90.627…
Copper prices fell on Monday as investors feared weaker-than-expected trade data from top consumer China. China’s copper imports fell 8% in May over the previous month as higher prices further dampened buying interest, beating overall export growth analysts’ expectations. “When we receive data like this from China, it shows the risk that their rapid growth…
Gold fell in Asia on Friday morning, hitting a two-week low and recording its worst week in three months. Positive U.S. Employment data boosted dollar and bond yields, and investors were concerned about the reversal of stimulus measures. Gold futures are down 0.07% at $ 1,871.90 below $ 1,900. The dollar, which normally moves against…
Oil prices rose for a third day on Thursday in anticipation of rising fuel demand by the end of this year, especially in the US and Europe, and China, while large manufacturers have been adhering to supply discipline. After reaching its highest level since September 2019, Brent crude futures rose 40 cents, or 0.6%, to…
Gold fell in Asia on Thursday morning after a four-and-a-half month high in the previous session, with investors expecting the U.S. to release key economic data later in the day. Gold futures are down 0.04% at 9,900.50. The dollar, which normally moves against gold, rose on Thursday. U.S. Treasury yields rose to 1.58%. Although central…
Oil rose in Asia on Monday morning, with U.S. Investors’ sentiment has been boosted by signs of an economic recovery and improved outlook for fuel demand following the COVID-19. Investors are also watching the progress of negotiations to renew the 2015 Iranian nuclear deal, which is likely to boost global crude supplies. Brent oil futures…
Oil prices rose on Friday after three days of losses as investors dared to withdraw Iranian crude supplies after officials said Iran and world powers had made progress on the nuclear deal. By 1017 GMT, Brent crude was up 80 cents, or 1.2%, to $ 65.91. The West Texas Intermediate was $ 62.82 a barrel,…
A major U.S. power outage occurred on Monday after the pipeline network was restored. Oil prices have risen sharply, however, new regulations in Asia have raised sentiment amid rising COVID-19 cases. Brent crude futures rose 3 paise to $ 68.74 a dollar in early trade at $ 68.74 a dollar, while West Texas Intermediate (WTI)…
Gold in Asia high to a three-month high on Monday morning, researchers said. The dollar, which normally moves against gold, rose to a 10-year low of Rs. Treasury yields fell further from a one-month high in the previous week. Industrial production growth slowed to 9.8% year-on-year in April, according to Chinese data released the previous…
The U.S. Open for Asia on Thursday morning in April. Consumer prices were higher, raising concerns about higher inflation. Gold futures down by 0.34% to $1,816.65 The U.S. The 10-year Treasury yield rose to its highest level in more than a month, with strong demand at an auction of 10-year notes. The U.S. for April…
