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Business news
Gold: This factor could weigh on the bull market and drive prices down
June 11, 2024 05:10 AM AEST| By InvestingInvesting.com – Gold futures have surged in recent months, but one factor could hinder further appreciation, at least in the short term: China's purchases, which had been "filling up the cart" recen
Oil prices recovery likely in motion as bearish bets 'overly pessimistic': JPM
June 11, 2024 05:04 AM AEST| By InvestingInvesting.com -- The surge in Crude Oil WTI Futures Monday added to optimism that the road to recovery is ahead, at a time when bearish bets appear "overly pessimistic", UBS says, and summer demand is
Oil prices in rally mode on demand hopes; OPEC report, Fed meeting looms
June 11, 2024 04:32 AM AEST| By InvestingInvesting.com-- Oil prices rallied Monday, following three straight weeks of losses, as hopes grow that rising demand over the summer could tightened crude supplies in the months ahead.
World Gold Council: It's getting harder to mine gold
June 11, 2024 12:14 AM AEST| By InvestingInvesting.com - The gold mining sector is struggling to maintain production growth as finding deposits of the yellow metal has become more difficult, according to the World Gold Council.
Oil prices rebound ahead of OPEC report, Fed Reserve meeting
June 10, 2024 10:30 PM AEST| By InvestingInvesting.com-- Oil prices rose Monday, gaining back some ground after three straight weeks of losses ahead of more cues on U.S. interest rates and demand forecasts later this week.
Gold prices weak as rate fears mount ahead of Fed, CPI data
June 10, 2024 03:08 PM AEST| By InvestingInvesting.com-- Gold prices moved in a flat-to-low range in Asian trade on Monday, nursing steep losses from last week as fears of high U.S. interest rates mounted before a Federal Reserve meeting and
JPM: Taper tantrum in oil is unnecessary
June 06, 2024 11:40 PM AEST| By InvestingJPMorgan (NYSE:JPM) strategists dismissed concerns about the so-called "taper tantrum" in the oil market, asserting that fears are “unnecessary.”
Oil prices edge higher after initial claims boost rate cut optimism
June 06, 2024 11:00 PM AEST| By InvestingInvesting.com -- Oil prices edged higher Thursday, extending a rebound from four-month lows as optimism over lower interest rates in the coming months offset an unexpected build in U.S. inventories.
Soneven Golf Apparel: Redefining Comfort and Style for Female Golfers
June 06, 2024 04:27 PM AEST| By EIN PresswireSoneven Golf Apparel Soneven Golf Apparel Soneven Golf Apparel Soneven Golf Apparel Soneven Golf Apparel NEW YORK, US, June 6, 2024 /EINPresswire.com/ -- Soneven Golf Apparel emerges as a pioneering b...
Gold prices surge on rate cut hopes, copper rebounds
June 06, 2024 03:12 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Thursday, extending gains this week as weak economic data fueled expectations of interest rate cuts by the Federal Reserve, denting the dollar.
Oil prices rise as rate cut optimism offsets inventory build, demand fears
June 06, 2024 11:24 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday, extending a rebound from four-month lows as optimism over lower interest rates in the coming months offset negative signals from an unexpect
Further drop in oil prices may spark OPEC+ to walk back phasing out of cuts: Roth
June 06, 2024 07:12 AM AEST| By InvestingInvesting.com -- The recent OPEC+ announcement to begin easing production curbs later this year has been blamed for the recent turmoil seen in oil prices, but one analyst believes that if prices conti
World central banks continue to accumulate gold
June 06, 2024 12:58 AM AEST| By InvestingInvesting.com - While total gold purchases by central banks were similar to those seen in March, sales halted in April, leading to significant net increases in bank reserves, according to Krishan Gopa
UBS raises silver price forecasts, expects outperformance vs gold
June 06, 2024 12:36 AM AEST| By InvestingUBS strategists have lifted their silver price forecasts, expecting that the white metal will outperform gold in the near term.
Oil prices bounce off lows; weak US jobs data point to rate cuts
June 05, 2024 10:50 PM AEST| By InvestingInvesting.com -- Oil prices edged higher Wednesday, bouncing from four-month lows after the release of more data showing the cooling of the U.S. labor market.
Gold prices forecast: UBS hikes its target
June 05, 2024 07:02 PM AEST| By InvestingUBS has raised its gold price forecasts, citing strong structural support and resilient demand for the yellow metal.
Gold prices rangebound amid rate cut speculation, copper near 1-mth low
June 05, 2024 03:00 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Wednesday, but stuck to a range seen for nearly two weeks amid continued speculation over when the Federal Reserve will begin cutting interest rates.
Oil prices extend losses, at 4-mth low on outsized US inventory build
June 05, 2024 11:20 AM AEST| By InvestingInvesting.com-- Oil prices fell slightly in Asian trade on Wednesday, remaining at four-month lows after industry data pointed to an unexpected, bumper build in U.S. inventories.
US oil futures slip after surprise API build
June 05, 2024 07:00 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $72.93 a barrel following the report after settling down 1.3% at $73.25 a barrel.
Oil prices continue to fall after OPEC+ outlook; demand concerns also weigh
June 04, 2024 10:40 PM AEST| By InvestingInvesting.com-- Oil prices fell to four-month lows Tuesday, extending losses after the OPEC+ signaled it will begin tapering off its production cuts this year, while weak economic data raised concerns
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