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Gold edges up on U.S.-Iran jitters; firm dollar, stocks limit gains

Tuesday,   23-Apr-2019   09:03 (IST)

Gold prices edged up on Tuesday as Washington moved to choke off Iran’s oil revenues, prompting safe haven buying, but gains were capped by a strong dollar and Asian shares hovering near a nine-month peak. Spot gold gained 0.1 percent to $1,275.78 per ounce as of 0115 GMT. U.S. gold futures were unchanged at $1,277.70 an ounce. The dollar index against a basket of six key rivals was a shade higher, edging near a 2019 high of 97.71 struck in early March. Asian shares were little changed on Tuesday, hovering not far from Thursday’s nine-month peak, as many markets began trading after...

Oil near 2019 highs after U.S. ends all Iran sanction exemptions

Tuesday,   23-Apr-2019   08:56 (IST)

Oil prices were near 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Brent crude futures were at $74.40 pe...

Gold steadies near 4-mth low as dollar gains in wake of U.S. data

Monday,   22-Apr-2019   09:07 (IST)

Gold prices steadied on Monday after falling to a near four-month low in the previous session, with the dollar gaining in the wake of indications that U.S. economic growth picked up in the first quart...

Oil prices jump more than 2 percent as U.S. set to end Iran import sanction waivers

Monday,   22-Apr-2019   09:06 (IST)

Oil prices rallied by more than 2 percent on Monday to levels not seen since November 2018 as a Reuters source familiar with the matter confirmed a report that Washington is set to announce all import...

Gold touches 2019 low as China data lifts risk assets

Thursday,   18-Apr-2019   09:16 (IST)

Gold prices on Thursday touched their lowest this year, and were on course for a fourth straight weekly decline, as recent economic data drove investors towards riskier assets, with traders eyeing clu...

Oil prices slip amid ample U.S. output, Brent drifts away from five-month high

Thursday,   18-Apr-2019   09:14 (IST)

Oil prices dropped on Thursday as the impact of plentiful U.S. production offset a surprise decline in U.S. inventories, leaving international benchmark Brent retreating from a five-month high touched...

Gold pressured as trade optimism lifts risk appetite

Tuesday,   16-Apr-2019   09:08 (IST)

Gold slipped for a fourth straight session on Tuesday as optimism over the U.S.-China trade talks helped investors retain risk appetite despite dismal quarterly results from Wall Street. Spot gold was...

Oil extends losses into second session; Russia, OPEC output in focus

Tuesday,   16-Apr-2019   09:05 (IST)

Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production. ...

Gold slips to 1-week low as global slowdown fears ease

Monday,   15-Apr-2019   09:03 (IST)

Gold prices fell to a more than one-week low on Monday, as stronger-than-expected data from China and a robust start to the U.S. earnings season soothed concerns about global economic slowdown, dentin...

Oil dips, supply issues in focus

Monday,   15-Apr-2019   09:00 (IST)

Oil prices edged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous session, but concerns over global supplies kept prices well supported. Brent crude oil ...

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