Category Gold

black and brown metal tank

Crude oil falls more than 3% on fears of global recession

Crude oil futures ended Tuesday’s (Aug. 15) trading session down more than 3 percent as investors worried about a global recession following the release of weak economic data from the U.S. and China. Oil prices were also pressured by the…

gold bars

Gold closed up $8.30 on weaker U.S. Treasury yields

Gold futures closed higher on Friday (Aug. 12), rising for the fourth straight week on a decline in U.S. Treasury bond yields. This reduces the opportunity cost of owning gold, as gold is an asset that does not earn interest.…

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