Commodities
The Federal Reserve’s recent decision to maintain record-high interest rates, the highest in over 20 years, has triggered significant market reactions including some of the most substantial treasury yields seen in more than 15 years. This decision, announced on Monday, suggests a sustained period of high rates, causing apprehension about…
The gold market witnessed its fourth consecutive session of growth on Wednesday, as investors globally await crucial decisions from several major central banks, including the U.S. Federal Reserve, the Bank of Japan, and the Bank of England. This slight surge in gold prices follows a summer of fluctuating values within…
Gold prices experienced a modest increase for the fourth consecutive session on Wednesday, as investors await key decisions on interest rates from major central banks, including the Federal Reserve, Bank of Japan, and Bank of England. The December delivery gold price saw a slight rise of 70 cents, or less…
In the wake of a series of central bank meetings this week, gold prices have experienced a modest increase. This marks the fourth consecutive session of gains for the precious metal, a positive development after a summer of largely stagnant prices. Investors are closely watching the gold market as they…
prices have seen a downturn on Wednesday, following a rapid rally that brought the prices to a 10-month high of $95 per barrel on Tuesday. The slipped around one percent, settling near $93 per barrel. This shift in the market suggested that the recent surge might have been excessive. The…
Investing.com – U.S. stockpiles of crude oil and fuel products fell across the board last week as exports surged and imports fell amid a cutback as well in refining activity as the busy summer driving period ended, a government report said Wednesday. The fell by 2.136 million barrels during the…
JPMorgan strategists have warned of a potential surge in prices to $120 per barrel, a situation that could significantly affect global economic growth. This forecast is based on an anticipated further tightening of oil supply in the coming months. The strategists noted a 27% increase in oil prices over the…
Gold prices experienced a minor decline on Wednesday as investors adopted a cautious stance in anticipation of the Federal Reserve’s imminent interest rate decision. The precious metal’s price was further pressured by an increase in U.S. Treasury yields and a robust U.S. Dollar, with dipping by 0.1% to $1,930.22 per…
BRASILIA (Reuters) – Brazil’s federal police said they arrested two people on Wednesday suspected of involvement in a racket smuggling gold illegally mined on Indigenous land to the U.S. and Europe. Police carried out 16 search and seizure warrants across Brazil as part of the operation, an official police statement…
Gold futures have registered gains for the fifth straight day on Wednesday, a trend not seen since January, as per data from Dow Jones Market. The upward trajectory continued in electronic trading following the Federal Reserve’s latest announcement, reinforcing a robust market performance. The Federal Reserve, in its recent announcement,…