Category: Commodities
Gold prices were flat on Tuesday in Asia as a bounce in Asian stocks stoked interest in riskier assets, although investors remained cautious ahead of a key Brexit vote. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange slipped 0.04% at 1,290.75 a troy ounce. Gold cracked the $1,300 resistance […]
Oil prices fell 1% on Monday in Asia after China reported weakening imports and exports in the world’s second-largest crude oil consumer. Crude Oil WTI Futures was down 1.1%, at $51.02 a barrel on the New York Mercantile Exchange by 12:37 AM ET (05:37 GMT) while Brent Oil Futures for March delivery also shed 1.1% to $59.83. “Crude […]
Gold prices rose on Friday as the dollar retread on expectations that the Federal Reserve may pause interest rate hikes if the US economy slow this year while investors awaited news on progress in the US-China trade talks. Spot gold rose 0.6 per cent to $1,293.55 per ounce as at 0604 GMT, heading for a […]
Gold prices edged up on Thursday in Asia after the U.S. dollar slipped amid growing expectations that the U.S. Federal Reserve would halt its rate tightening cycle in 2019. Gold futures for February delivery traded 0.4% higher to 1,296.55 on the Comex exchange. “Gold is getting a bit of support out of a dovish Fed and institutional instability […]
Oil prices rose on Wednesday, extending gains from the previous session on hopes that US and China can come to an agreement that can resolve a trade dispute that has triggered a global economic slowdown. U.S. West Texas Intermediate (WTI) crude oil futures were at $50.29 per barrel as at 0131, up 51 cents, or 1 percent from […]
Gold prices slid on Tuesday in Asia, as the U.S dollar rebounded after falling for a fourth straight session. Gold futures for February delivery fell 0.5% to 1.283.502 by 12:50 AM ET (05:50 GMT) on the Comex exchange. Fed Chairman Jerome Powell on Friday said the central bank would be more sensitive to downside risks […]
Oil prices rose on Tuesday on hopes that US-Chinese talks would bring a halt to trade disputes between the world’s biggest economies, while OPEC-led supply cuts tightened markets. International Brent crude futures were at $57.77 per barrel at 0113 GMT, up 44 cents, or 0.8 percent from their last close. US West Texas Intermediate (WTI) […]
