Oil Holds at US$87; Hormuz Standoff Persists
Oil prices remained stable during Friday's trading (August 14) following a decline in the previous session.
Oil Drops Over 2%; US Stockpile Surge Weighs on Prices
However, some losses were pared after reports emerged that the Houthi group in Yemen had attacked a Saudi Aramco refinery…
Gold Falls Amid Profit-Taking
This level is viewed as a strong resistance point after several attempts to rise failed to hold, prompting traders to…
Soft PPI and Higher Jobless Claims Fail to Push Gold Above $4,400
Bullion initially received support from weaker-than-expected economic readings, but it was still unable to reclaim the $4,400 level and remained…
Oil Falls as Weak Demand Outlook and Rising U.S. Inventories Weigh
Oil prices declined on Thursday as investors assessed a weaker outlook for dunia demand and a sharp increase in U.S.
Gold Falls as Dollar Pressures Return
Gold prices weakened again during Thursday's trading (August 13), dropping below the US$4,400 per troy ounce level after previously touching…
Oil Pauses After Six-Day Rally; Focus Remains on Hormuz
Brent crude slipped toward $88 per barrel after surging approximately 12% over the previous six days, while WTI traded around…
Gold Holds at US$4,400; CPI Eases Pressure for Fed Rate Hike
Gold prices held steady around US$4,400 per troy ounce during Thursday's trading (August 13) after relatively moderate US inflation data…
Gold Holds Steady; CPI Eases Pressure for Fed Rate Hike
Gold prices held steady around US$4,400 per troy ounce during Thursday's trading (August 13) after relatively contained US inflation data…
Gold Hits Two-Month High as Fed Hike Odds Ease
Gold prices strengthened during Wednesday's trading (Aug 12), touching a more-than-two-month high after US inflation data aligned with market expectations.