Gold remains steady as uncertainty surrounding US-China trade offsets robust US jobs data. Gold prices exhibited stability. Trade tensions between the United States and China offset the positive job data emerging from the U.S. China seeks to improve its relations with the United States. There exists the potential for discussions between Donald Trump and Xi Jinping. Gold Read More
Brent crude futures increased by 47 cents, representing a 0.73% rise, reaching $64.56 per barrel by 0030 GMT. Meanwhile, U.S. West Texas Intermediate crude saw an uptick of 49 cents, approximately 0.8%, bringing it to $61.38 per barrel. Oil prices experienced an uptick in early trading on Wednesday following the U.S. government’s decision to prohibit Read More
Gold prices experienced a decrease from a two-week peak. This development occurred following Donald Trump’s establishment of a new deadline for a trade agreement with the European Union. He postponed the implementation of tariffs. Previously, gold prices experienced an increase attributed to heightened safe-haven demand. This occurred following Trump’s proposal of tariffs on imports from Read More
Oil prices experienced a decline in the wake of an unexpected rise in U.S. crude and fuel reserves. This development has raised apprehensions regarding demand. Investors are closely monitoring the resurgence of nuclear negotiations between Iran and the U.S. Tensions persist in light of a report concerning possible Israeli strikes on Iranian nuclear facilities. Kazakhstan’s Read More
Oil declines by over 1% amid anticipations surrounding a US-Iran nuclear agreement. Oil prices experienced a decline on Thursday, attributed to the prospects of a US-Iran nuclear agreement. An unexpected increase in US crude oil inventories was also observed. An Iranian official indicated a readiness to negotiate with the US contingent upon the removal of sanctions. Read More
Oil prices have risen by 2%, reaching a two-week high, following the announcement of tariff reductions between the US and China. Oil prices experienced an increase of around 2% after the U.S. and China reached an agreement to reduce tariffs, which has sparked optimism regarding a potential resolution to their ongoing trade conflict. Brent crude reached Read More
Oil prices increase following China’s announcement of its willingness to engage in trade discussions with the United States. Oil prices experienced an uptick in Asian trading as China’s signals of willingness to engage in U.S. trade discussions raised optimism for potential de-escalation. Brent crude increased to $62.51 a barrel, whereas U.S. WTI crude attained $59.62. The Read More
Oil experiences a slight increase, even amid an unclear economic forecast and the possibility of an OPEC+ supply increase. Oil prices experienced a modest uptick in early trading. Nevertheless, uncertainties surrounding trade discussions between the U.S. and China persist, exerting pressure on the market. The possibility of OPEC+ potentially augmenting supply contributes to the prevailing pessimism. Read More
Gold is poised for its third consecutive weekly gain, with attention directed towards the US-China trade discussions. Gold prices experienced a slight increase on Friday, setting the stage for a third consecutive week of gains, as investors closely monitored the unfolding developments in U.S.-China trade negotiations. Spot gold experienced an increase of 0.2%, reaching $3,354.29 per Read More
Oil prices are poised to experience a weekly decline due to the prospect of increased global supply. Oil prices experienced a slight increase on Friday; however, they remained poised for a weekly decline. This situation arises as a potential increase in OPEC+ output and a possible ceasefire in the Russia-Ukraine conflict could enhance supply, while Read More
