Category Markets

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Gold Remains Steady

The year is coming to an end and the New Year’s celebrations are just around the corner, which could attract people to the gold market this year. Gold futures rose last night (Dec. 7) as investors keep an eye on…

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Omicron Concerns, Crude Oil Higher Today

Crude oil futures rose to a one-week high last night (Dec. 6) after speculators and traders became active in the market, speculating that the impact of the new variant would be less severe than expected by the mainstream media. Investors…

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Gold Drops $4.4 as Dollar Strengthens

Gold futures fell overnight (Dec. 6) under pressure from the dollar’s appreciation. Meanwhile, investors are waiting for the release of the U.S. CPI to determine the Fed’s interest rate outlook. Gold contract was down $4.4, or 0.25%, at $1,779.5 per…

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Gold Stronger Despite Taper Threat

Gold prices rose Monday as investors continued to analyze various U.S. reports and weigh the implications for the Federal Reserve’s next moves. Gold futures rose 0.01% to $1,784.15 as the dollar showed reversed volatility. Last Friday’s U.S. labor market data…

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Saudi Arabia Raises Prices on Oil Exports

On Monday morning, oil prices rose more than $1 per barrel following an increase in the price of crude sold to Asia and the United States by Saudi Arabia’s major exporters. Brent crude rose $1.69, or 2.4%, to $71.57 a…

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Oil Markets Sliding Away

Crude oil prices eased slightly on Friday (Dec. 3) following concerns that the rise in coronavirus cases and new variants could reduce global oil demand. Earlier in the day, oil prices rose by more than $2 per barrel after OPEC+…

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