The OPEC + meetings take place tomorrow and could decide if the crude oil price surge is sustained, or if a selloff could ensue.
Gold price is dropping steeply after a stunning outcome on the US Non-Farm Payrolls (NFP) report. According to data from...
Copper price extended its three-week rally today as investors remained optimistic about recovery of the global economy. The price is now at $2.5410, which is the highest it has been since March 11 this year.
Crude oil price rallied by more than 2% as OPEC+ leaders made a deal with Iraq on supply cuts. There...
Gold price is trading lower in today’s trading ahead of the much-anticipated US NFP report for May. Will US labor figures strengten or weaken the USD?
Gold price jumps after US initial jobless claims for the week of May 30 dropped to 1.877 million from 2.126...
Brent crude oil price rally stalled at the 100-day moving average after news that the OPEC+ meeting cancelled and probably...
Crude oil price action has stalled as the Saudis have asked for a postponement of the OPEC + alliance.
Gold price is under selling pressure for the second day as investors dump safe-haven assets and jump in for opportunities in risky assets. The rally in global equities accelerates today despite the dismal economic data from the USA and Europe.
Silver price is down for the second straight day, reversing some of the gains that were made a month ago when it rallied by more than 24%. Similarly, gold, its richer cousin, has also declined in the past two days.