Crude oil futures settled higher on Friday, lifted by the proposed ban on Russian oil by the EU and the relaxation of Covid lockdowns in China.

Despite recovering from the session's lows, Gold futures settled flat on Friday, weighed down by a strong dollar. The dollar index climbed to 103.20, gaining nearly 0.5%.

Gold prices rose slightly on Friday, as the dollar eased and was on track for a 1.5 percent weekly fall amid improved risk sentiment in global markets. Global bond yields were also mostly lower amid growing fears of a recession. Spot gold edged up 0.3 percent to $1,847.13 per ounce, while U.S....

Oil prices slipped on Friday after rallying sharply the previous day amid expectations of a pick-up in energy demand in China, as the world's top crude importer eased some COVID-19 lockdowns. Benchmark Brent crude futures slipped 0.3 percent to $111,70 a barrel, while U.S. crude futures were down...

Crude oil prices rallied sharply on Thursday, rebounding strongly after drifting down earlier in the session amid fears of a recession and uncertainty over sanctions on Russia by the European Union.

Gold prices climbed higher on Thursday as a sell-off in global stock markets amid worries over rising inflation and growth concerns pushed up the demand for the safe-haven metal.

Gold prices were a tad higher on Thursday, as an equity sell-off deepened amid expectations that the tightening of monetary policy in the United States will be an extended process. The dollar edged lower in early European trade and U.S. bond yields retreated, helping offer some respite for bullion...

Oil extended losses on Thursday as weak U.S. housing data and a series of disappointing quarterly results from some major retailers added to fears of a recession. The uncertainty over sanctions on Russia by the European Union also weighed on oil prices. European Union members are still struggling...

Crude oil futures pared early gains and settled lower on Wednesday despite data showing a drop in crude inventories in the week ended May 13.

Gold prices drifted lower on Wednesday as the dollar rebounded from recent losses and bond yields rose amid rising prospects of sharper interest rate hikes by the Federal Reserve.

Gold prices dropped further on Wednesday amidst an aggressive tone by the Fed on inflation control. The Fed Chair Jerome Powell had on Tuesday hinted that the Fed would keep tightening till inflation has been tamed.

Crude oil prices surged on Wednesday as markets starting hoping the demand from China would soon be reflected in the world's oil markets.

Crude oil prices pared early gains and settled notably lower on Tuesday, reacting to reports that the Biden administration is set to ease some of the sanctions imposed on Venezuela.

Gold prices moved higher on Tuesday, gaining for a second straight session as a weakening dollar boosted the yellow metal's safe-haven appeal.

Gold edged higher on Tuesday as the dollar eased for a third day running after climbing to a two-decade high last week. Spot gold edged up 0.2 percent to $1,828.42 per ounce, while U.S. gold futures were up 0.7 percent at $1,827.06. Fed speakers including Chairman Jerome Powell and other policymakers...

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