Global oil prices fell slightly as the market was clouded by two conflicting concerns: the threat of a supply surplus and new US sanctions against Russia. Brent was trading below USD 64 per barrel, while West Texas Intermediate (WTI) hovered near USD 59 per barrel. The price of Russia’s main oil fell to its lowest…
Silver fell beneath the $50-per-ounce threshold, pressured by a stronger US dollar and fading expectations of a Federal Reserve rate cut next month. Traders are now focused on a series of key US data releases following the end of the country’s longest-ever government shutdown, including Thursday’s September jobs report, for clearer insight into labor-market conditions….
Gold prices fell to their lowest levels in more than a week on Tuesday as fading bets on a Federal Reserve interest rate cut next month dented demand ahead of delayed U.S. economic data releases this week. Spot gold was down 0.3% at $4,033.29 per ounce, as of 0909 GMT, after earlier hitting its lowest…
