Gold Down Ahead of Central Bank Policy Decisions in Japan, U.S. Gold

Gold Is Back Above $1,800 After Multiple Beatings

By Administrator_India Capital Sands The beatings were so severe and seemingly endless that people thought they would never stop. But halt they have, and gold has risen meaningfully for the first time in over a month. Gold for February delivery on New York’s Comex settled Tuesday’s trade up $38, or 2.1%, at $1,818.90 an ounce. It […]

U.S. crude falls below $30 as Fed move fails to calm markets Commodity Trader COVID19

Oil gains as U.S. inventories grow less than feared while coronavirus slashes demand

By Administrator_India Capital Sands   Oil prices rose on Thursday after U.S. inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as the coronavirus pandemic crushes fuel demand. Brent crude was up by 12 cents, or 0.4%, to $29.84 per barrel, after falling […]

'Full fury' of coronavirus sends German business morale to record low Business Economy

Oil prices surge again U.S. stockpiles grow less than feared, output cuts kick in

By Administrator_India Capital Sands Oil prices jumped on Friday, extending the previous session’s gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic. Brent crude for July delivery, which started trading on Friday as […]

Oil rallies on Gulf tensions and output cuts OPEC+

Oil rallies on Gulf tensions and output cuts

By Administrator_India Capital Sands Oil rose on Thursday, spurred by rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more government stimulus to ease the economic pain of the new coronavirus pandemic. Brent crude was up $1.78, or 8.7%, at $22.15 a barrel by 0940 GMT. […]

Gold Down Ahead of Central Bank Policy Decisions in Japan, U.S. Gold

Gold Prices Up as Investors Seek Safe Haven During Oil storm

By Administrator_India Capital Sands Gold prices in Asia rose on Wednesday morning in Asia as stocks took a hit from the sharp drop in oil prices. Gold futures were up by 1.11% at $1,706.60 by 11:17 PM ET (4:17 GMT), as Asian stocks reported losses for a second day in response to oil futures tumbling in the previous session. The yellow metal is seeing its prices restore […]

Record oil output cuts fail to make waves in coronavirus-hit market Commodity Trader OPEC+

Record oil output cuts fail to make waves in coronavirus-hit market

By Administrator_India Capital Sands Falling oil prices on Monday showed that oil producers still have a mountain to climb despite record output cuts in an effort to restore market balance as the coronavirus pandemic shreds demand and sends stockpiles soaring, industry watchers said. A day after the Organization of the Petroleum Exporting Countries and allies […]