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CRUDEOIL slips, WTI below $80 amid China COVID crisis, recession fears.

CRUDEOIL prices fell on Monday, extending steep losses from last week as concerns over rising Chinese COVID-19 infections and a potential global recession dampened the outlook for demand.

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Gold hovers around $ 1750 , copper muted as hawkish fes fears persist
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Gold Price Forecast: XAUUSD’s rebound appears elusive as Fed bets resettle.

Gold price (XAUUSD) remains sidelined around $1,765 as the latest recovery fails to convince buyers during early Friday.

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Gold pressured by hawkish Fed, copper slammed by China COVID woes.

Gold prices rose slightly on Friday, but were set to end the week lower as hawkish comments from Federal Reserve officials boosted the dollar with the prospect of more interest rate hikes, while concerns over rising COVID-19 cases in China walloped copper.

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