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Oil prices moved up sharply on Friday, driven by a report from OPEC members that showed the biggest monthly drop in crude production in nearly two years in December and on optimism about the U.S. and China moving closer to a trade deal.

Gold prices drifted lower on Friday as traders rushed to pick up riskier assets amid increasing signs of a good progress in U.S.-China trade talks

Gold prices eased on Friday as media reports suggesting that the U.S. is considering easing tariffs on Chinese products helped improve demand for riskier assets and hit demand for safe havens such as gold and the Japanese yen. Spot gold dropped 0.41 percent to $1,285.67 an ounce while U.S. gold...

Oil prices rallied on Friday to hover near one-month highs after OPEC members reported the biggest monthly drop in production in nearly two years as part of efforts to keep oil markets balanced over the whole of 2019. Collective output from OPEC members fell by 751,000 barrels a day last month, to...

Crude oil prices rebounded after early weakness but still settled lower on Thursday, amid renewed concerns about excess supply and likely fall in near term energy demand.

Gold prices edged lower on Thursday as the dollar stayed steady on fairly encouraging economic data.

Gold prices held steady on Thursday after the Fed's latest report on the economy said businesses across the United States have become less optimistic in recent months. Spot gold edged up 0.2 percent to $1,294.11 per ounce, while U.S. gold futures were virtually unchanged at $1,293.75 per ounce. As...

Oil prices dipped on Thursday as a surge in U.S. production stoked fears of a global supply glut. Global benchmark Brent crude dropped 0.9 percent to $60.78 per barrel while U.S. West Texas Intermediate (WTI) crude futures were down 1.2 percent at $51.70 per barrel. The Energy Information Administration...

Crude oil futures settled higher on Wednesday, after data showed a bigger than expected drop in U.S. crude inventories in the week ended January 11. However, gains were just modest due to renewed worries about near term energy demand.

Gold prices edged higher on Wednesday with traders seeking the safe haven asset amid political uncertainty in the U.S. due to the government shutdown and in the U.K. on the Brexit issue.

Gold prices edged higher on Wednesday even as the dollar rose against the euro on worries about the outlook of the euro zone economy after U.K. Prime Minister Theresa May's EU withdrawal plan suffered a historic defeat in the House of Commons. Spot gold rose 0.23 percent to $1,289.12 per ounce while...

Oil prices were subdued on Wednesday after sharp gains in the previous session, buoyed by news that the Chinese government will provide more economic stimulus to revive the country's slowing growth. Global benchmark Brent crude oil futures were marginally lower at $60.61 per barrel, while U.S. West...

Crude oil prices surged higher on Tuesday, buoyed by news that the Chinese government will provide more stimulus to revive the country's growth that has slowed down significantly due to the impact of the ongoing trade war.

Gold prices edged lower on Tuesday, as the dollar gained against most major currencies and stock markets across the globe moved up on hopes of fewer interest rate hikes by the Fed this year.

Gold prices were slightly lower on Tuesday as equity markets gained ground on expectations of fewer interest rate hikes this year by the Federal Reserve and amid hopes that China would unveil more measures to support its weakening economy. Spot gold was marginally lower at $1,288.84 per ounce while...

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