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Gold prices nurse losses as dollar steadies; copper dented by weak China data
August 07, 2024 03:20 PM AEST| By InvestingInvesting.com-- Gold prices rose slightly in Asian trade on Wednesday after falling sharply in the prior session as the dollar steadied from recent losses, with focus remaining on a potential U.S. rec
Oil prices dip on mixed US inventories; demand fears persist
August 07, 2024 11:56 AM AEST| By InvestingInvesting.com-- Oil prices fell in Asian trade on Wednesday after a mixed reading on U.S. inventories, with persistent concerns over slowing economic growth and weak demand keeping prices under pressu
Oil futures little changes on mixed API report as weekly gasoline stocks climb
August 07, 2024 07:04 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $73.03 a barrel following the report after settling up 0.36% at $73.20 a barrel.
Oil prices settle slighter higher as potential Iran retaliation in focus
August 07, 2024 04:58 AM AEST| By InvestingInvesting.com-- Oil prices settled slightly higher Tuesday, underpinned by potential supply disruptions amid fears Iran is preparing an imminent retaliation against Israel following the recent killing
Oil prices slip further on demand concerns; Middle East tensions persist
August 06, 2024 10:24 PM AEST| By InvestingInvesting.com-- Oil prices slipped lower in volatile trade Tuesday, continuing to retreat after recent sharp losses as fears that slowing economic growth will dent global demand.overshadowed concerns
Goldman Sachs: Oil's $75 floor should withstand macro fears
August 06, 2024 09:10 PM AEST| By InvestingInvesting.com -- Goldman Sachs analysts argued in a note dated Monday that macroeconomic recessionary fears were primarily responsible for the recent 6% decline in Brent crude oil prices.
Gold prices slide from near record highs as stock markets rebound
August 06, 2024 04:02 PM AEST| By InvestingInvesting.com-- Gold prices fell from near record highs in Asian trade on Tuesday as a rebound in stock markets sapped some demand for safe havens, although fragile sentiment still kept the yellow met
Oil prices slump on demand concerns after weak US jobs data
August 02, 2024 11:30 PM AEST| By InvestingInvesting.com-- Oil prices slumped Friday, heading for a fourth straight week of losses, as weak U.S. jobs data added to concerns that slowing economic growth will hit consumption as the year progress
Citi projects that gold physical investment demand will further increase
August 02, 2024 08:26 PM AEST| By InvestingGold physical investment demand could further increase in 2024 and next year, Citi strategists said in a Thursday note.
Gold prices in sight of record high amid growth fears, rate cut bets
August 02, 2024 03:48 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Friday and were in sight of a record high as a rout in global markets, amid concerns over an economic slowdown, fueled safe haven buying into the yel
Oil prices surge on elevated Middle East tensions, US inventories
July 31, 2024 10:30 PM AEST| By InvestingInvesting.com-- Oil prices rose sharply Wednesday as raised tensions in the Middle East increased the potential for a major disruptions to supplies from this key oil-producing region.
Oil prices flat with Israel-Hezbollah tensions in focus
July 29, 2024 11:58 AM AEST| By InvestingInvesting.com-- Oil prices were flat in Asian trade on Monday as a missile strike on an Israel-occupied territory ramped up concerns over a greater conflict with Lebanese group Hezbollah.
Oil prices in third weekly plunge as demand concerns bite
July 27, 2024 05:32 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Friday, suffering a third consecutive losing week as concerns over sluggish demand conditions in China dented sentiment.
Should you buy a dip in copper prices? UBS discusses
July 27, 2024 12:44 AM AEST| By InvestingThe recent dip in copper prices has investors questioning whether now is the time to buy. UBS analysts have weighed in, providing a nuanced view on the current and future outlook for copper.
Oil prices fall; set for weekly losses on demand concerns
July 26, 2024 11:10 PM AEST| By InvestingInvesting.com-- Oil prices fell Friday, on course for a third consecutive losing week as concerns over sluggish demand conditions in Asia weighed.
Gold prices rise but nurse weekly losses with PCE data on tap
July 26, 2024 03:14 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Friday but were nursing steep losses through the week as traders remained largely biased towards the dollar before more cues on interest rates in the
Oil prices steady on strong US GDP, but set for third week in red
July 26, 2024 11:42 AM AEST| By InvestingInvesting.com-- Oil prices steadied in Asian trade on Friday, taking some support from positive U.S. gross domestic product data, but concerns over sluggish demand conditions in Asia put crude on cour
Oil prices settle higher as stronger US economic data boosts demand hopes
July 26, 2024 04:34 AM AEST| By InvestingInvesting.com-- Oil prices settled higher Thursday after cutting intraday losses after stronger U.S. economy data helped improve sentiment on crude demand just as China oil imports fell.
Oil prices rise; US crude inventories, Canadian wild fires boost sentiment
July 24, 2024 10:34 PM AEST| By InvestingInvesting.com-- Oil prices rose Wednesday, recovering from recent losses after industry data showed a fall in U.S. inventories, suggesting strong demand from the world's largest consumer.
Oil prices slip despite Chinese interest rate cut; Gaza ceasefire in focus
July 22, 2024 10:48 PM AEST| By InvestingInvesting.com -- Oil prices settled just lower Monday, as investors weighed up the outlook for oil demand amid worries about global demand.
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