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Oil prices edge lower amid mixed China data, inflation jitters
May 13, 2024 11:36 AM AEST| By InvestingInvesting.com-- Oil prices fell slightly in Asian trade on Monday as mixed Chinese inflation data raised some doubts over the world’s biggest crude importer, while sentiment was also fragile ahead o
Gold prices rise, set for weekly gains after weak US labor data dents yields
May 10, 2024 03:18 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Friday, extending overnight gains as more signs of a cooling U.S. labor market weighed on the dollar and Treasury yields, benefiting prices of the ye
Oil prices rise, set for positive week on demand hopes, M.east tensions
May 10, 2024 12:02 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Friday and were set to clock a strong week after positive cues on demand in top importer China, while an Israel-Hamas ceasefire appeared increasingly
Natural gas prices could further rise given this bullish event - RBC
May 10, 2024 05:22 AM AEST| By InvestingNatural gas prices are approaching a 14-week high, driven by a combination of supply and demand factors that are beginning to trim the storage surplus.
XAU/USD price forecast for 2024
May 09, 2024 11:09 PM AEST| By InvestingGold prices remained range-bound in recent weeks after the bullion’s sharp drop last month, triggered by worries of a wider conflict in the Middle East. Today, XAU/USD held its ground as investors a
Oil prices rise on Chinese trade data, fall in US stockpiles
May 09, 2024 10:46 PM AEST| By InvestingInvesting.com - Oil prices rose Thursday, as a rise in Chinese imports added to a draw in U.S. crude stockpiles, suggesting improving demand in the world's two largest economies.
Goldman Sachs analysts: OPEC likely to extend cuts in June
May 09, 2024 05:58 PM AEST| By InvestingGoldman Sachs (NYSE:GS) analysts said Thursday they no longer expect OPEC+ to partially reverse recent voluntary production cuts in June.
Gold prices tread water as dollar firms before Fed, inflation cues
May 09, 2024 02:46 PM AEST| By InvestingInvesting.com-- Gold prices moved little in Asian trade, hovering well below recent record highs as investors remained largely biased towards the dollar before more cues on the Federal Reserve and inf
Oil prices retreat after early sharp gains; Goldman lifts forecasts
April 19, 2024 10:52 PM AEST| By InvestingInvesting.com-- Oil prices fell Friday, handing back the earlier sharp gains after Israel reported launched strikes against Iran, elevating the already fraught tensions in the Middle East.
Analyst who was right about copper prices rally is back with the new forecast
April 19, 2024 08:44 PM AEST| By InvestingPrices of copper surged to the highest point since June 2022, buoyed by a weakening dollar as traders prepared for an extended period of monetary tightening in the United States. In turn, commodity st
Gold prices rally past $2,400 on reports of Israel strikes on Iran
April 19, 2024 01:10 PM AEST| By InvestingInvesting.com-- Gold prices surged in Asian trade on Friday, coming close to record highs after reports of Israeli strikes on Iran ramped up demand for safe havens, especially in the face of worsening
Oil prices jump over 3%, near $90 on reports of explosions in Iran
April 19, 2024 12:10 PM AEST| By InvestingInvesting.com-- Oil prices rose sharply in Asian trade on Friday as tensions in the Middle East came back into focus after Iranian news agencies reported several explosions across the country, indicat
Oil prices steady on fresh Venezuela sanctions, but cooling tensions cap upside
April 19, 2024 05:02 AM AEST| By InvestingInvesting.com-- Oil prices steadied Thursday following sharp losses a day earlier, as the U.S. reimposed sanctions on Venezuela's oil exports, though sentiment remained challenged by easing worries ab
Oil prices steady after sharp losses; US reimposes Venezuela sanctions
April 18, 2024 11:04 PM AEST| By InvestingInvesting.com-- Oil prices steadied Thursday following the prior session's sharp losses, after the U.S. reimposed sanctions on Venezuela's oil exports.
Gold prices steady below $2,400; Rate fears, dollar pressure persist
April 18, 2024 02:40 PM AEST| By InvestingInvesting.com-- Gold prices recovered from overnight losses in Asian trade on Thursday, and remained below recent peaks as fears of higher-for-longer interest rates and pressure from a strong dollar r
Oil prices steady after 3% tumble; US reimposes Venezuela sanctions
April 18, 2024 12:06 PM AEST| By InvestingInvesting.com-- Oil prices tread water in Asian trade on Thursday after clocking sharp losses in the prior session on fears of higher-for-long U.S. interest rates, while a bigger-than-expected build i
Oil prices settle lower as US crude supplies jump, Middle East tensions ease
April 18, 2024 05:48 AM AEST| By InvestingInvesting.com-- Oil prices settled sharply lower Wednesday, pressured by a much larger-than-expected weekly build in U.S. inventories and easing fears about an escalating in the Iran-Israel conflict.
Oil prices fall as US inventories grow; Middle East tensions persist
April 17, 2024 10:34 PM AEST| By InvestingInvesting.com-- Oil prices drifted lower Wednesday as indications of a large weekly build in U.S. inventories pointed to less tight markets, although prices remained elevated on concerns of a wider co
Gold prices dip under $2,400 as rate cut bets dwindle
April 17, 2024 02:58 PM AEST| By InvestingInvesting.com-- Gold prices fell slightly in Asian trade on Wednesday as hawkish-leaning comments from top Federal Reserve officials buoyed the dollar and Treasury yields, which pressured the yellow m
Oil prices fall slightly as US inventories grow; M.East tensions persist
April 17, 2024 11:28 AM AEST| By InvestingInvesting.com-- Oil prices fell slightly in Asian trade on Wednesday as signs of a large weekly build in U.S. inventories pointed to less tight markets, although concerns over Israel’s response to a
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