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Crude oil prices rose sharply on Friday, climbing up for a second successive day amid rising hopes of deep production cuts by major oil producers, including Russia and Saudi Arabia.

Gold prices moved higher on Friday, lifted by the Labor Department's data that showed a much bigger than expected jump in unemployment in the U.S. in the month of March due to business shutdowns amid the coronavirus outbreak.

Gold prices eased on Friday as the dollar resumed its climb versus major peers ahead of U.S. nonfarm payrolls data that could provide further clarity on the economic damage from the coronavirus pandemic. Spot gold slid 0.15 percent to $1,611.80 per ounce, while U.S. gold futures were down 0.4 percent...

Oil prices rose sharply on Friday to extend gains from the previous session as OPEC scheduled an urgent meeting with Russia and other oil producers next week to agree output cuts and end a brutal price war. Benchmark Brent crude jumped 9.6 percent to $32.81 per barrel, after having soared 21 percent...

Crude oil prices skyrocketed on Thursday amid hopes the price war between Saudi Arabia and Russia would end soon.

Gold prices surged higher on Thursday, snapping a four-day losing streak, despite a stronger dollar.

Gold prices traded mixed on Thursday and the dollar held firm, as investors awaited U.S. weekly jobless claims data later in the day for an indication of the economy's health amid mounting signs of a recession due to the worsening coronavirus outbreak. Spot gold was marginally lower at $1,590.77 per...

Oil prices soared around 10 percent on Thursday after U.S. President Donald Trump said that a price war between Saudi Arabia and Russia could end soon. Speaking at a White House press briefing on Wednesday, Trump said that he expected Saudi Arabia and Russia to reach a deal soon as he spoke with both...

Crude oil prices drifted lower after early gains on Wednesday, as official data showed crude stockpiles in the U.S. rose for a tenth successive week.

Gold prices drifted lower on Wednesday, extending losses to a fourth straight session, although the downside was not much pronounced as rising coronavirus cases continued to raise concerns about growth.

Gold prices rose on Wednesday as a surge in coronavirus cases in the U.S. and Europe deepened the gloom over the likely impact on the world economy and raised expectations of further monetary easing by central banks. Spot gold rose a little over 1 percent to $1,593.49 per ounce, after having fallen...

Oil prices fell on Wednesday amid heightened oversupply fears as the price war and coronavirus pandemic raged on. Benchmark Brent crude plunged 5.1 percent to $25.00 a barrel, while U.S. West Texas Intermediate crude futures were down 0.9 percent at $20.30 a barrel. Saudi Arabia on Monday said...

Crude oil prices moved higher on Tuesday, rebounding after a sharp setback in the previous session that sent futures contract crashing to their lowest close in 18 years.

Gold prices declined sharply on Tuesday, extending recent losses, after the dollar edged higher, and equities firmed up on strong Chinese manufacturing data.

Gold prices fell sharply on Tuesday and the dollar firmed up as equity markets rebounded after the release of upbeat Chinese data. Spot gold dropped 1.3 percent to $1,600.30 per ounce, while U.S. gold futures were down 1.9 percent at $1,612.80. Upbeat factory activity data from China raised hopes...

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