Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.
Spot gold rose 0.2% to $2,516.09 per ounce.
US gold futures gained 0.2% to $2,55…
The Japanese yen continued to rise today, after comments from US Federal Reserve Chairman Jerome Powell on Friday, which indicated an interest rate cut.
Investors responded by strengthening the yen and selling stocks. The Japanese currency rose to th…
Oil prices rose about 3% Monday on fears that escalation in the Middle East could disrupt oil supplies from the region.
Brent crude futures rose $2.30, or 2.91%, to $81.32 a barrel, while US crude futures rose $2.22, or 2.97%, to $77.05 a barrel.
Br…
Doha: QatarEnergy entered into a 15-year LNG Sale and Purchase Agreement (SPA) with Kuwait Petroleum Corporation (KPC) for the supply of up to 3 million tons per annum (MTPA) of LNG to the State of Kuwait, company said in a statement today.
Pursuant …