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Crude oil prices moved higher on Friday, lifting the most active crude futures contracts for a fourth straight week, amid optimism about energy demand in the U.S. thanks to reopening of businesses after Covid-19 lockdowns.

Despite moving higher earlier in the day, gold prices slipped as the session progressed on Friday and settled lower, as the Federal Reserve's hawkish policy outlook continued to weigh on the commodity.

Gold prices rose more than 1 percent on Friday as the dollar rally paused and benchmark Treasury yields slid below 1.5 percent to reach levels seen going into the Fed meeting earlier in the week. Spot gold climbed 1.1 percent to $1,792.55 per ounce, but was down more than 4 percent for the week, putting...

Oil extended losses to drift below $71 a barrel on Friday, with demand worries and renewed concerns over the return of Iranian barrels weighing on the commodity. Also, the Federal Reserve's plan for future interest-rate hikes propelled the dollar higher and provided an excuse to take profit. Benchmark...

Crude oil prices tumbled on Thursday, weighed down by a stronger dollar.

Gold futures fell to their lowest close in about one-and-a-half months on Thursday as the dollar climbed higher after the Fed forecast rate hikes by 2023.

Gold fell on Thursday to hover near its lowest level in more than a month, pressured by gains in the U.S. dollar and Treasury yields. Spot gold fell half a percent to $1,803.09 per ounce, after having touched its lowest since May 6 at $1,799.70. U.S. gold futures were down as much as 3.1 percent at...

Oil prices were little changed on Thursday as the dollar hit its highest in nearly two months, making it more expensive for those buying crude in other currencies. The downside, if any, was capped by a big drop in crude oil inventories in the United States, the world's top oil consumer. Brent crude...

Despite data showing a larger than expected drop in crude inventories last week, oil futures failed to hold early gains and settled roughly flat on Wednesday.

Gold prices edged higher on Wednesday, snapping a three-day losing streak, but pared gains after the Federal Reserve raised its forecast for consumer price growth for the current year and 2022.

Gold prices were flat to slightly higher on Wednesday as investors look ahead to a key monetary policy decision from the Federal Reserve later in the day for direction. Spot gold edged up 0.1 percent to $1,860.35 per ounce, while U.S. gold futures were up 0.3 percent at $1,861.50. The dollar traded...

Oil prices rose on Wednesday, with Brent gaining for a fifth consecutive session on signs of falling stockpiles and hopes for a recovery in demand as the pandemic subsides. Brent crude futures for August delivery were up 0.3 percent at $74.23 per barrel, after having hit the highest since April 2019...

Crude oil prices rose sharply on Tuesday, with traders betting on hopes demand for oil will see a significant increase in the second of this year amid signs of a strong economic rebound from the pandemic.

Gold prices drifted lower on Tuesday, pushing the most active gold futures contracts to a weak close for a third consecutive session, as the yields on long term bonds rose and the dollar gained against its peers.

Gold held little changed near the lowest in four weeks on Tuesday as traders await the U.S. Federal Reserve's monetary policy meeting for any signs of a shift in its policy outlook. Spot gold dipped 0.1 percent to $1 864.19 an ounce, after having hit a low of $1 844.92 on Monday, the lowest since...

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