International oil prices slip as trade spat escalates; U.S. crude stock drop supports

    International oil prices slipped on Thursday, weighed down by the escalating trade dispute between the United States and China, although a decline in U.S. commercial crude inventories offered some support. International benchmark Brent crude oil futures (LCOc1) were at $74.63 per barrel at 0422 GMT, down 18 cents, or 0.2 percent, from their Read more about International oil prices slip as trade spat escalates; U.S. crude stock drop supports[…]

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Gold Prices Gain, Dollar Slips as U.S. Confirms Trade Talks with China

  Gold prices traded slightly higher on Friday while the U.S. dollar dropped after White House economic advisor Larry Kudlow confirmed that Chinese and U.S. officials will meet later in August to resume trade talks. www.mcxgoldstar.com/ 8859917191 7249938989

Gold Prices Fall Despite Softer U.S. dollar

 Gold prices dropped on Thursday while the U.S. dollar also slid despite higher demand in safe-haven assets amidst the Turkish lira crisis. Gold Futures for December delivery went down by 0.48% to $1,179.2 per troy ounce at 12:02AM ET (04:02 GMT) on the Comex division of the New York Mercantile Exchange. www.mcxgoldstar.com 8859917191 7249938989

Oil Prices Mixed as U.S. Crude Stocks Hike By 6.8 Million Barrels

                              Oil prices were mixed on Thursday as data from the Energy Informational Administration (EIA) showed the U.S. crude inventory level unexpectedly hiked by 6.8 million barrels in the week endin8859917191g Aug 10. Analysts previously forecasted stockpiles would fall by 2.5 million barrels. Read more about Oil Prices Mixed as U.S. Crude Stocks Hike By 6.8 Million Barrels[…]

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Gold Prices Pull Back as Demand for Dollar Goes Up Amid Turkish Worries

Gold prices fell below the $1,200 mark on Wednesday as the demand for U.S. dollar went up amidst the Turkish lira contagion crisis. www.mcxgoldstar.com 7249938989 9719002865   Gold Futures for December delivery dropped by 0.37% to $1,196.2 per troy ounce at 1:01AM ET (05:01 GMT) on the Comex division of the New York Mercantile Exchange. The U.S. Read more about Gold Prices Pull Back as Demand for Dollar Goes Up Amid Turkish Worries[…]

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Gold edges higher as Turkey turmoil fades

A respite for the hard-hit Turkish lira was accompanied by a small gain for gold futures early Tuesday, as the U.S. dollar gave back some of its recent gains. December gold futures GCZ8, +0.29%  rose $2.90, or 0.2%, to $1,201.80 an ounce, while September silver SIU8, +0.45%  was up 4.3 cents, or 0.3%, to $15.025 an ounce. www.mcxgoldstar.com 7249938989 8859917191 Gold Read more about Gold edges higher as Turkey turmoil fades[…]

Oil Prices Rise as Saudi Arabia Cut Production to Avert Oversupply

Oil prices rose on Tuesday after reports revealed that top exporter Saudi Arabia cut production one month after it agreed the Organization of the Petroleum Exporting Countries (OPEC) to produce more crude. Meanwhile, OPEC remains positive on overall demand. www.mcxgoldstar.com 7249938989 8859917191 Brent Oil Futures  for October delivery went up 0.30% to $72.83 per barrel at Read more about Oil Prices Rise as Saudi Arabia Cut Production to Avert Oversupply[…]

Oil dips as emerging market woes dim demand outlook

Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel demand, but U.S. sanctions against Iran pointed toward tighter supply ahead. www.mcxgoldstar.com 7249938989 9719002865 Benchmark Brent crude oil (LCOc1) was down 25 cents at $72.56 per barrel by 0725 GMT. U.S. light crude (CLc1) was 25 cents lower Read more about Oil dips as emerging market woes dim demand outlook[…]

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Oil prices rebound after heavy declines over trade dispute

Oil prices on Thursday eked out gains on concerns about Iranian crude supplies as the U.S. hit Tehran with renewed sanctions, halting the previous session’s declines amid the escalating China-U.S. trade dispute and worries over China’s demand. www.mcxgoldstar.com 7249938989 8859917191 Brent crude futures were up 30 cents, or 0.4 percent, at $72.58 barrel by 0417 Read more about Oil prices rebound after heavy declines over trade dispute[…]

Oil dips on weak China imports, but Iran sanctions, weak U.S. stocks support

Oil prices dipped on Wednesday after China reported relatively weak import data, although the market remained well supported by falling U.S. crude inventories and the introduction of sanctions against Iran. www.mcxgoldstar.com 7249938989 9719002865 Front-month Brent crude oil futures (LCOc1) were at $74.50 per barrel at 0651 GMT, down 15 cents, or 0.2 percent, from their Read more about Oil dips on weak China imports, but Iran sanctions, weak U.S. stocks support[…]

MCXSURE LATET UPDATE

Oil prices rose on Tuesday with re-introduced U.S. sanctions against major crude exporter Iran expected to tighten global supply. Spot Brent crude oil futures LCOc1 were $74.17 per barrel at 0710 GMT, up 42 cents, or 0.6 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 30 cents, or Read more about MCXSURE LATET UPDATE[…]

Gold Prices Slip as Dollar Steadies After Fed

Gold prices slipped on Thursday after the dollar steadied after the Federal Reserve concluded a two-days policy meeting and gave an upbeat assessment on the U.S. economy. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell by $0.6, or 0.06%, to $1,227.00 a troy ounce by 1:40AM ET (05:40 GMT). www.mcxgoldstar.com 8859917191 7249938989   The Read more about Gold Prices Slip as Dollar Steadies After Fed[…]

Oil falls as U.S. inventories swell, economic growth slows

Oil prices fell on Wednesday after industry data showed U.S. stockpiles of crude unexpectedly rose, and as economic growth slowed, especially in Asia, amid the escalating trade dispute between the United States and China. Brent futures dropped 28 cents, or 0.4 percent, to $73.93 a barrel by 0634 GMT, adding to a 1.8 percent loss in Read more about Oil falls as U.S. inventories swell, economic growth slows[…]

Oil Prices Slip on Reports That OPEC Production Hits Fresh 2018 High

Oil prices edged lower on Tuesday as Organization of the Petroleum Exporting Countries (OPEC) production reached a fresh 2018 high in the month of July, reports revealed. www.mcxgoldstar.com 7249938989 8859917191 Crude Oil WTI Futures for September delivery slipped 0.4% to $69.83 per barrel at 1:10AM ET (05:10 GMT), while Brent oil futures for October delivery also slipped 0.4% to $75.22 for one barrel. A Reuters survey showed on Read more about Oil Prices Slip on Reports That OPEC Production Hits Fresh 2018 High[…]

Gold Prices Fall Ahead of Central Bank Meetings

Gold prices edged lower while the dollar was little changed on Monday as market participants awaited key central bank meetings due later this week. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell by $3.50, or 0.3%, to $1,219.60 a troy ounce by 1:40AM ET (05:40 GMT). www.mcxgoldstar.com 8859917191 Read more about Gold Prices Fall Ahead of Central Bank Meetings[…]

Gold Prices Slip for Two Consecutive Days on Stronger Dollar

  Gold prices slipped for two consecutive days as dollar slightly rose on Wednesday ahead of a meeting between and U.S. and European Commission presidents for trade-related talks. Gold Futures for August delivery on the Comex division of the New York Mercantile Exchangeis was down 0.11% to a trading price of $1,224.10 each troy ounce at 1:00AM ET (05:00 GMT). www.mcxgoldstar.com 7249938989 8859917191

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