2024-08-14 | Market Insight
Gold hold steady near record highs as oil slips, with markets focusing on upcoming US CPI data and retail sales figures, which could influence the Fed’s rate
2024-08-13 | Market Insight
Gold surged over $40 driven by safe-haven demand and anticipation of US inflation data, while oil jumped more than 3% amid escalating Middle East tensions
2024-08-09 | Market Insight
Gold and oil prices surged over 1% as strong US jobless claims data and heightened Middle East tensions fueled market optimism, reversing recent declines
2024-08-08 | Market Insight
Amid a strong dollar and rising bond yields, gold prices faced resistance. A larger-than-expected drawdown in US oil inventories boosts oil prices by 3%
2024-08-07 | Market Insight
Gold prices drop below $2,400 as stronger dollar and easing recession fears pressure the market. Oil prices continue to weaken amid EIA’s lowered price forecast
2024-08-01 | Market Insight
Gold prices surged as Fed Powell hinted at a potential rate cut in September. Oil prices rebounded nearly 5% on geopolitical concerns.
2024-07-30 | Market Insight
Gold prices fell 0.2% as the dollar strengthened and safe-haven demand faded. Meanwhile, oil prices dropped to a near seven-week low
2024-07-25 | Market Insight
Gold prices initially surged above the $2430 level due to expectations of two rate cuts by the Federal Reserve this year, leading to a weaker dollar.
2024-07-16 | Market Insight
Gold prices surged to a near two-month high as Fed Powell’s dovish comments boosted rate cut expectations. Meanwhile, oil prices fell due to demand concerns
2024-07-11 | Market Insight
Gold surged before pulling back as Powell hinted at potential rate cuts, while oil rebounded from a two-week low amid strong US refining activity
