Oil prices rose on Monday as investors weighed the outcome of talks between the U.S. and Ukrainian presidents on a potential deal to end the war in Ukraine, as well as Middle East tensions that could disrupt supply. Brent crude futures rose 67 cents, or 1.1%, to $61.31 per barrel at 0751 GMT, while U.S….
Gold prices halted their rise after a four-day rally, as comments from Federal Reserve (Fed) officials raised doubts about whether the US would cut interest rates again next year. On Monday, gold was stable at around US$4,305/ounce, after rising 2.6% last week. Although the Fed did cut interest rates on Wednesday, three policymakers apparently rejected…
Silver prices are rising again and are now very close to their record high. The precious metal is trading around $58.50 per ounce, just over a dollar off its high reached the previous day. This increase occurred alongside massive inflows into silver-backed ETFs, which surged by nearly 590 tons in a week—signaling strong investor confidence…
The Hong Kong stock index weakened in Monday morning trading, dropping around 165 points or 0.6% to 25,915. This correction halted the previous two sessions’ rally. Most sectors fell, with financial and consumer stocks leading the decline. Investors have become more cautious after consecutive gains, opting to hold off while awaiting new data and sentiment….
Gold prices held steady on Monday as growing expectations of a Federal Reserve rate cut next month helped offset pressure from a firm U.S. dollar. Spot gold was steady at $4,065.31 per ounce, as of 0851 GMT. U.S. gold futures for December delivery fell 0.4% to $4,062.40 per ounce. The dollar held near the six-month…
Gold prices moved slightly lower during the Asian session on Friday, but the decline was limited and remained within the same range throughout the week. The main pressure came from the delayed release of the US September Non-Farm Payrolls (NFP) data, which tended to be positive, reducing market expectations that the Fed would cut interest…
