Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end soon, while copper prices were also hit by uncertainty over China withdrawing its zero-COVID policy The Fed hiked interest rates by an as-expected 75 basis points (bps), and said that […]
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Gold Prices Steadied Above A Major Support Level On Monday As Growing Risks Of An Economic Recession Spurred Some Safe Read more
Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve Read more
Gold prices fell on Friday and were set to close the week lower amid fears of more interest rate hikes Read more
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey showed that China’s massive services sector shrank for a second straight […]
Oil prices fell in choppy trade on Tuesday and nursed steep losses this week as weak economic data from China Read more
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more
Oil prices fell on Friday after a warning on economic growth from the Federal Reserve, but were still set to Read more
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher Read more
