Gold keeps recovering from last week’s multi-month minimums
On Wednesday, gold soared, proceeding with its revival from multi-month lows reach the previous week…
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Crude prices leap on dipping American fuel inventories and lower production outlook
On Wednesday, crude prices went up more than 1…
Crude soars on sturdy short-term demand outlook
On Tuesday, crude prices inched up, underpinned in part by a sturdy demand outlook for the coming weeks, though overall market conditions remain poor on the back of rich supplies as well as a more subdued outlook for long-term demand…
Gold gives up Monday profits in Asia
On Tuesday, gold lost ground in Asia, giving up some profits from Monday, while Tokyo gold managed to stand out as the only gainer…
Crude shrugs off some losses
On Monday, crude prices managed to recover some losses after a 3% dip in the previous session, although markets are still under pressure from high drilling activity in America as well as ample supplies from producer club OPEC…
Gold heads north in Asia with China CPI ahead
On Monday, gold headed north in Asia with China prices as well as remarks from the Fed Chair later this week to set the overall tone on the greenback…
Gold slides in Asia as greenback rebounds from overnight
On Friday, gold decreased because the greenback rebounded and market participants looked ahead to more data on American inflation…
Crude goes down in Asia as focus shifts back to oversupply
On Friday, crude prices edged down steeply in Asia because market participants shrugged off American inventory data and focused on an ongoing global supply glut…
Libya’s crude output might have hit 1mb/d
The major negative story for crude prices for the last time has been suggestions that Libya’s crude output might have surpassed 1 million barrels per day (mb/d)…
Gold acts firmer on risk-off, while staying below $ 1230
On Thursday, gold kept the revival mode intact in New York for the third straight trading session…
Gold gains in Asia ahead of publication of Fed minutes for June gathering
On Wednesday, gold grew ahead of the anticipated publication of Fed minutes from the June gathering expected to give greater insight into the chances for another rate lift in 2017…
Crude shows mixed performance in Asia ahead of API estimates
On Wednesday, crude showed mixed performance in Asia ahead of industry figures on American stockpiles…
