Tag: gold prices

Market Update Oil Prices Reach Lows, Dragging Stock Lower

The oil rout intensified on Thursday, with US crude prices plumbing 13-year lows as investors braced for a weak demand outlook in the wake...

Shanghai Composite Dives More than 6% in Renewed Volatility

Chinese stocks took a beating on Tuesday, with the Shanghai Composite plunging to its lowest level in 14 months after a late selling frenzy...

Oil Prices Decline as Concern Over Commodities Continues

Oil prices declined sharply on Wednesday after government data showed an unexpected rise in US commercial crude inventories, raising concerns about an worsening supply glut. The...

US Stocks Post Best Week since November

US stocks ended mixed on Thursday, but still posted their strongest weekly gain since November amid a 9% rally in oil prices. The Dow Jones...

Global Markets Little Changed in Holiday-Shortened Session

European stocks ended flat on Thursday, while US markets traded choppy in a holiday-shortened session before Christmas. The pan-European STOXX 600 Index was little changed...

Dollar Weakens following Revised GDP

The US dollar traded lower on Tuesday after government economists trimmed their third quarter estimate for US GDP growth, putting the world’s largest economy...

Oil Prices Touch New 7-Year Lows, Further Downside Predicted

The rout in oil prices continued on Friday in belated response to additional buildup in US crude inventories, fueling concerns about a worsening global...

Commodities Stabilize, Dollar Declines

Commodity prices stabilized on Wednesday, while the US dollar declined sharply in favour of the euro as investors refrained from using the common currency...

Gold Crumbles, Dollar Spikes after Thanksgiving

The price of gold fell back near six-year lows on Friday and was headed for a sixth straight weekly decline, as the dollar firmed...

US Dollar Index Hits 100.00

The US dollar strengthened against a basket of currencies on Wednesday, as stronger than expected economic data reinforced the view that the Federal Reserve...

European Stocks Decline amid Syria Tensions

European stocks declined sharply on Tuesday after Turkish fighter jets shot down a Russian warplane in Syria, leaving investors fretting about escalating geopolitical risks. All...

Dollar Strength Weighs on Gold Price

The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...

European Stocks Edge Higher on ECB Stimulus Hopes

European stocks advanced on Friday in a choppy day of trade, as investors remained hopeful that the European Central Bank (ECB) would expand its stimulus...

Global Stocks Rally on Fed Minutes

Global stocks advanced on Thursday, following Wall Street higher amid clear signals from the Federal Reserve that interest rates will rise next month. The minutes...

US Dollar, Gold Rise after Paris Attacks

Global safe havens rose on Monday, as investors turned to risk-off trading following the terrorist attacks in Paris on Friday. More than 120 people were...

US Consumer Confidence Lifts Dollar

The US dollar advanced for a second straight session on Friday after preliminary data showed a bigger than expected rise in consumer confidence, signaling...

Gold Price at 3-Month High

The price of gold rose on Monday, reaching its highest level since early July amid speculation that the US Federal Reserve would delay raising...

Global Stocks Extend Rally following Fed Minutes

Global stocks extended their rally on Friday, following Wall Street higher after the minutes of the Federal Reserve’s September policy meeting played to expectations...