Oil prices deepened their losses by about 3%, during Thursday's trading, as Brent crude fell below $ 67 a barrel, after the OPEC + alliance decided to stabilize the production policy. The drop in prices comes amid fears that the…
Continue ReadingGold prices fell in trading today, Thursday; Investors are betting that the US Federal Reserve will gradually reduce its bond purchases faster to counter rising inflation. Investors are also assessing how central banks will respond to rising inflation and concerns…
Continue ReadingOil markets are awaiting the meetings of the Organization of Petroleum Exporting Countries “OPEC” and its allies in what is known as the OPEC + alliance, following the withdrawals from the strategic reserves led by the United States, as well…
Continue ReadingGold prices rose on Wednesday, as weak bond yields and uncertainty about economic growth due to the Omicron coronavirus mutated pushed investors to the safe haven of gold. And the spot gold price rose 0.59% to $ 1748.92 an ounce…
Continue ReadingOil prices rose more than 4% in trading today, Wednesday, to compensate for some sharp losses from the previous session. The price hike comes as investors await the OPEC+ meeting to discuss how to respond to the threat of lower…
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