Gold futures settled at a slight loss on Monday, finding little reason to move in either direction ahead of a mid-week policy update from the Federal Reserve and a U.K. general election that could roil markets. February gold on Comex lost 20 cents, or 0.01%, to settle at $1,464.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 4.6 cents, or 0.3%, at $16.642 an ounce, following a weekly decline of 3%, according to FactSet data. Among other metals traded on Comex,...
The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...
The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in Europe and the United States. Front of mind is whether Washington will go ahead with a fresh round of tariffs on Sunday, or whether a deal with China can be reached before then. White House economic adviser Larry Kudlow said on Friday that the Dec. 15 deadline is still in place, but Bloomberg reported Agriculture...
Gold futures headed higher Friday morning as weakness in the U.S. dollar helped to prop up the yellow metal ahead of a policy update from the Federal Reserve due in the middle of the week and a U.K. general election that could roil markets. February gold on Comex picked up $3.70, or 0.3%, to trade at $1,468.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 8 cents, or 0.5%, at $16.680 an ounce, following a weekly decline of 3%, according to FactSet data. On Monday...
Oil was little changed as investors weighed an expected drop in American crude stockpiles against the possibility of the U.S. imposing extra tariffs on a new $160 billion swath of Chinese goods this Sunday. West Texas Intermediate for January delivery was down 13 cents to $58.89/bbl on the New York Mercantile Exchange as of 7:45am Singapore time. Brent futures for February settlement closed 14 cents lower at $64.25/bbl on London's ICE Futures Europe Exchange on Monday. The global...
Oil prices continued to drop on Tuesday in Asia following U.S. President Donald Trump's earlier claim that he had "called" OPEC to lower U.S. gasoline prices.
U.S. Crude Oil WTI Futures dropped 0.2% to $63.46 by 12:05 AM ET (04:05 GMT), while international Brent Oil Futures fell 0.2% to $71.38.
Prices closed off session-lows on Monday after OPEC's Secretary General Mohammed Barkindo later denied having spoken with the president. The president later tweeted that he had spoken to Saudi Arabia.
Last week, oil prices rallied after Trump tightened sanctions against Iran by ending all exemptions that major buyers previously had.
Source : Investing.com
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC's agreement with associated producers at the end of last week to ...
Oil was little changed as investors weighed an expected drop in American crude stockpiles against the possibility of the U.S. imposing extra tariffs on a new $160 billion swath of Chinese goods this S...
Oil traded near the highest level in almost 12 weeks after Saudi Arabia surprised the market Friday with a significant supply cut beyond what was agreed to with fellow OPEC+ members. Futures in ...
Oil retreated from a 12-week high as optimism spurred by Saudi Arabia's surprise output cut was overshadowed by demand concerns. West Texas Intermediate for January delivery fell 28 cents, or 0....
Oil futures settled higher on Friday, with U.S. prices up more than 7% for the week to mark their highest weekly percentage climb since June. Prices got a lift after the Organization of the Petroleum...
Gold futures settled at a slight loss on Monday, finding little reason to move in either direction ahead of a mid-week policy update from the Federal Reserve and a U.K. general election that could roil markets. February gold on Comex lost 20 cents, or 0.01%, to settle at $1,464.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 4.6 cents, or 0.3%, at $16.642 an ounce, following a weekly decline of 3%, according to FactSet data. Among other metals traded on Comex,...
The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...
The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in Europe and the United States. Front of mind is whether Washington will go ahead with a fresh round of tariffs on Sunday, or whether a deal with China can be reached before then. White House economic adviser Larry Kudlow said on Friday that the Dec. 15 deadline is still in place, but Bloomberg reported Agriculture...
Gold futures headed higher Friday morning as weakness in the U.S. dollar helped to prop up the yellow metal ahead of a policy update from the Federal Reserve due in the middle of the week and a U.K. general election that could roil markets. February gold on Comex picked up $3.70, or 0.3%, to trade at $1,468.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 8 cents, or 0.5%, at $16.680 an ounce, following a weekly decline of 3%, according to FactSet data. On Monday...
Oil was little changed as investors weighed an expected drop in American crude stockpiles against the possibility of the U.S. imposing extra tariffs on a new $160 billion swath of Chinese goods this Sunday. West Texas Intermediate for January delivery was down 13 cents to $58.89/bbl on the New York Mercantile Exchange as of 7:45am Singapore time. Brent futures for February settlement closed 14 cents lower at $64.25/bbl on London's ICE Futures Europe Exchange on Monday. The global...