Archive for Tag: Commodity market outlook

Gold Prices

Gold Down, Near Two-Week Lows as Dollar Strengthens

Gold was trading 0.38% up at $1800.40. Gold was down on Thursday morning in Asia, remaining near two-week lows. A strengthening dollar Index Futures contributed to the yellow metal’s losses, while investors also await the European Central Bank (ECB)’s latest policy decision. Gold Futures were down 0.21% to $1,789.75...

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Gold Price

Gold Up as Continuous COVID-19 Concerns Decrease Risk Appetite

Goldwas trading 0.64% up at $1,795.14. Gold was up on Monday morning in Asia, with the dollarremaining near multi-month highs. However, continuing concerns about the spread of COVID-19 globally and its impact on the economic recovery turned investors towards the yellow metal. Gold Futures were up 0.28% to $1,788.95...

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Oil Down, Increasing COVID-19 Cases Continue to Dampen Fuel Demand Outlook

Brent Oil was trading 0.74% down at $72.89 Oil was down Monday morning in Asia but remained little changed even as increasing numbers of COVID-19 cases globally continue to cloud the fuel demand outlook. Brent Oil Futures fell 1.16% to $72.59 by 1:31 AM ET (5:31 AM GMT) after...

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Gold Prices Today

Gold Down as Investors Regain Risk Appetite

Gold was trading 0.54% down at $1,801.10 Gold was down on Wednesday morning in Asia. The dollar strengthened and fears about the recent surge in COVID-19 cases involving the Delta variant also eased, thus increasing investors’ risk appetite. Gold Futuresedged down 0.18% to $1,808.05 by 1:10 AM ET (5:10...

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market Outlook

Gold Up, Boosted by Ongoing COVID-19 Worries

Gold was trading 0.40% up at $1,816.10 Gold was up on Tuesday morning in Asia as concerns over the recent COVID-19 outbreaks involving the Delta variant in several countries also gave the safe-haven yellow metal a boost. Gold Futures were up 0.51% to $1,818.50 by 1:05 PM ET (5:05...

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