Gold prices climbed, hovering near fresh record peaks seen earlier on Monday as safe haven demand was boosted by increasing uncertainty over a U.S. economic slowdown and trade tariffs. At 3:40 p.m. ET (20:40 GMT), Spot gold rose 0.5% to $2,949.59 an ounce after hitting a fresh record of $2,956.26m while gold futures expiring in […]
On Tuesday, the US government’s new sanctions against Iran’s oil industry sparked fresh concerns about supply disruption, which led to an increase in oil prices in Asian trading. As of 21:14 ET (02:14 GMT), Brent Oil Futures were up 0.6 percent to $75.19 per barrel, while West Texas Intermediate (WTI) crude futures were up 0.7 […]
Investors were cautious on Tuesday as a result of President Donald Trump’s reaffirmation of his plans to impose tariffs on Mexico and Canada, and the Bank of Korea cut interest rates as expected. Hours after hitting a two-month low in the precious session, the US Dollar Index fell 1% in Asia. The Dollar Index Futures […]
On Monday, safe haven demand was boosted by increasing uncertainty regarding a U.S. economic slowdown and trade tariffs. As a result, gold prices remained close to recent peak levels while moving in a flat to low range. The yellow metal saw record highs last week as a result of continued buying in safe havens following […]
On the back of the prospect of a resumption of exports from Kurdistan’s oilfields and investors waiting for clarity on talks to resolve Russia’s war with Ukraine, oil prices fell in Asia on Monday, extending losses from last week. Brent futures were down 14 cents, or 0.2%, at $74.29 barrel, as of 0441 GMT, while […]
