Tag: Silver mcx news
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Oil Down, but Near 2018 Highs as Investors Await OPEC+ Meeting
Oil was down Monday morning in Asia after climbing to levels last seen in October 2018. Negotiations between the U.S. and Iran on reviving a nuclear deal are set to continue, while the Organization of the Petroleum Exporting Countries and allies (OPEC+) will meet later in the week.
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Gold Up Ahead of U.S. Inflation Data
Gold was up on Friday morning in Asia as investors digested mixed signals from U.S. Federal Reserve officials on interest rate hikes earlier this week, while awaiting U.S. inflation data due later in the day.
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Gold Down, Investors Await U.S. Economic Data to Get Better Inflation Picture
Gold was down on Thursday morning in Asia as investors await U.S. economic data to gauge inflationary pressures further. A strengthening dollar also put a dent in the yellow metal’s appeal.
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