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Browsing: Business
Gold prices rebounded from a one-week low as oil fell, but dollar strength and Fed rate expectations kept pressure on bullion markets.
Brent crude rose to $81.66 as supply concerns, Hormuz shipping focus and lower inventories kept global oil markets volatile on Monday.
Semiconductor stocks led Wall Street higher, pushing the Nasdaq up 1.91% as the S&P 500 and Dow also posted gains before Juneteenth.
A firmer U.S. dollar and shifting rate expectations pushed gold lower, with bullion set for another weekly decline across global markets.
NEW YORK / Content Syndication Services / – Gold prices rebounded Thursday from a six-month low as traders tracked U.S. inflation…
Oil prices rose more than $2 as Brent and WTI climbed, with Strait of Hormuz shipping and U.S. crude inventories staying in market focus.
Gold rebounded from a six-month low as U.S. inflation data, Fed rate expectations and oil prices shaped bullion trading.
U.S. stocks ended mixed as tech volatility pulled the Nasdaq and S&P 500 lower, while the Dow closed higher after uneven trade Tuesday.
Global oil prices fell as Brent crude dropped over 4%, with WTI lower and energy markets tracking Hormuz shipping and U.S. inventory data.
Gold prices held near a two-month low as Treasury yields, the dollar and US inflation data kept pressure on bullion markets Tuesday.
