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Crude oil prices drifted lower on Friday, losing for a second successive day, as worries about energy demand outlook outweighed massive stimulus announced by central banks and governments to limit the economic impact of the coronavirus spread.

Gold prices weakened on Friday as a decline in stock prices prompted investors to trim down positions in the safe-haven asset class in order to raise funds to meet margin calls.

Gold prices fell on profit taking Friday, but were set to post their best weekly gain since December 2008 on expectations that more countries will unveil some sort of stimulus packages to stem the economic damage caused by the coronavirus pandemic. Spot gold eased 0.4 percent to $1,621.03 per ounce,...

Oil prices traded mixed on Friday after G20 leaders pledged to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and do whatever it takes to overcome the pandemic. Benchmark Brent crude dropped 1.30 percent to $26.00 a barrel, while U.S. crude futures...

Crude oil prices declined sharply and closed lower for the first time in four sessions, as concerns about outlook for energy demand weighed on the commodity.

Gold prices moved higher on Thursday as the dollar tumbled after data showed a substantial increase in U.S. jobless claims in the week ended March 21.

Gold prices eased on Thursday and the dollar slumped amid expectations that a report due out later in the day, that will be among the first data points to reflect the impact of the coronavirus outbreak, will show a surge in U.S. jobless claims. Spot gold slipped 0.1 percent to $1,614.85 per ounce,...

Oil prices fell on profit taking Thursday after three days of gains, helped by the Federal Reserve's sweeping stimulus measures and optimism surrounding a U.S. $2 trillion emergency stimulus plan. Benchmark Brent crude fell 2.3 percent to $26.75 a barrel, while West Texas Intermediate (WTI) crude...

Crude oil prices moved higher on Wednesday, following a rally in gasoline futures due to a decline in weekly gasoline inventories.

After recording stellar gains in the previous two sessions, gold prices drifted lower on Wednesday as riskier assets such as equities rose sharply after the U.S. Senate agreed to a massive $2 trillion relief package.

Gold prices traded mixed on Wednesday after posting strong gains in the previous session on hopes for U.S. stimulus. Spot gold rose 0.55 percent to $1,625.83 per ounce, after climbing as much as 3 percent on Tuesday. U.S. gold futures were down 0.3 percent at $1,655.10. The dollar index fell for...

Oil prices were trading mixed on Wednesday after rising in the previous two sessions on hopes for U.S. stimulus. Benchmark Brent crude dropped 0.9 percent to $26.91 a barrel after earlier rising to a high of $28.29. U.S. crude futures were up 0.2 percent at $24.06 a barrel. Oil prices gave up...

Crude oil prices moved higher on Tuesday, rising further after gains in the previous session thanks to the Federal Reserve's massive asset-buying scheme.

Gold prices skyrocketed on Tuesday, posting a hefty gain for a second successive session, as massive stimulus plan announced by the Federal Reserve triggered hectic buying in the commodity.

Gold prices rallied on Tuesday to extend gains from the previous session after the U.S. Federal Reserve launched unlimited bond buying and promised other steps to support the world's largest economy, which is reeling from the coronavirus pandemic. Spot gold jumped 3.5 percent to $1,607.05 per ounce,...

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