Crude oil increased on Friday amid concerns of a supply side disruption due to brewing U.S.-Venezuela tension and the ongoing Russia-Ukraine conflict as U.S. efforts to end the war have been unproductive thus far.
Gold prices edged higher on Friday amid geopolitical concerns while investors avoided big moves and dissected the economic releases from yesterday and today.
Gold prices fell slightly on Friday as weaker-than-expected U.S. inflation data diminished bullion's appeal as an inflation hedge. Spot gold slipped 0.1 percent to $4,327.95 an ounce but was on track for a second weekly gain on expectations of further interest rate cuts by the U.S. Federal Reserve...
Oil prices inched lower on Friday and were on track for a second weekly loss as investors weighed the risk of a global surplus against concerns over Venezuelan supply disruptions. Benchmark Brent crude futures slipped 0.2 percent to $59.73 a barrel while WTI crude futures were down 0.2 percent at...
Following the notable rebound seen in the previous session, the price of crude oil has seen some further upside during trading on Thursday. Crude for January delivery was last seen trading at $56.07 a barrel, up $0.13 or 0.2 percent after jumping $0.67 or 1.2 percent during Wednesday's session. The...
Following the surge seen in the previous session, gold prices turned in a relatively lackluster performance during trading on Thursday. Gold for December delivery slipped $8 or 0.2 percent to $4,339.50 an ounce after jumping $43 or 1.0 percent to a new record closing high of $4,347.50 an ounce during...
Gold dipped on Thursday but hovered near record levels on increased uncertainty over the U.S. economy. Spot gold edged down by 0.3 percent to $4,326.80 an ounce while U.S. gold futures were down 0.4 percent at $4,357.65. The dollar index was broadly firm ahead of central bank meetings in Europe...
Oil prices climbed on Thursday amid geopolitical risks stemming from Venezuela to Russia. Investors were also reacting to the latest data from the Energy Information Administration that showed crude inventories dropped by 1.3 million barrels to 424.4 million barrels in the week ended December 12. Benchmark...
After moving sharply lower over the past several sessions, the price of crude oil has shown a substantial move back to the upside during trading on Wednesday. Crude oil for January was last seen trading at $55.97 a barrel, up $0.70 or 1.3 percent, after tumbling to its lowest levels since early 2021...
Gold prices moved sharply higher during trading on Wednesday, more than offsetting the modest pullback seen in the previous session. After edging down $2.20 or 0.1 percent to $4,304.50 an ounce on Tuesday, gold jumped $43 or 1.0 percent to a new record closing high of $4,347.50 an ounce. The surge...
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. decreased by slightly more than expected in the week ended December 12th. The report said crude oil inventories fell by 1.3 million barrels last week after declining by 1.8 million barrels...
Gold held firm near seven-week highs on Wednesday after overnight data indicated a continued cooling in the U.S. labor market. Spot gold rose 0.4 percent to $4,321.02 an ounce while U.S. gold futures were up 0.4 percent at $4,349.60. The dollar recovered some ground after hitting a 10-week low...
Oil prices rose nearly 2 percent on Wednesday after falling to almost five-year lows in the previous session on supply glut concerns and increased optimism surrounding a potential Russia-Ukraine peace deal. Benchmark Brent crude futures jumped 2.3 percent to $60.27 a barrel while WTI crude futures...
Extending the steep drop seen in the previous session, crude oil prices are plummeting during trading on Tuesday, hitting their lowest levels since early 2021. Crude for January delivery last seen trading at $55.25 a barrel, down $1.57 or 2.8 percent after tumbling $0.62 or 1.1 percent on Monday. The...
After ending the previous session modestly higher but well off its best levels, the price of gold showed a lack of direction over the course of the trading day on Tuesday before closing modestly lower. Gold for December delivery edged down $2.20 or 0.1 percent to $4,304.50 an ounce after inching up...
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.