Oil prices inched upward in early trading during the European session on Monday, extending last week’s gain of over 4%. Both WTI and Brent rose to their highest levels since August 1 as Ukraine struck Russia’s energy infrastructure and the U.S. reported an unexpected drawdown in inventories. So
Gold Prices
WTI crude oil futures rose to around $67.6 per barrel on Monday, extending gains from the previous session, after top oil importer China promised new measures to boost consumption, and the U.S. ordered attacks on Yemen’s Houthis. Beijing on Sunday unveiled plan on special initiatives to revive consumption, including raising people’s incomes and establishing a
Gold prices reached a record high and soared by more than 1.93% on Tuesday. Please find below a detailed report by Mohamed Hashad, Chief Market Strategist, at Noor Capital. Gold Sets New Record High on US Rate Cut Hopes Gold prices soared by more than 1.93% on Tuesday, fueled by intensifying expectations for a US interest rate […]
Gold, DXY, T-Yields Gold prices have seen a steady trading range of around $30 for each ounce in the spot market, with a potential pickup of 4% in 2024’s second quarter. This week’s macroeconomic data was light, and gold had a mild week of trading despite some expectations of volatility. Spot prices remained at or […]













