logo

Commodities

Share

Gold futures failed to hold early gains and ended flat on Friday, even as worries about U.S.-China lingered after President Donald Trump said the U.S. is "not going to do business" with Chinese tech giant Huawei.

Gold prices held steady on Friday and remained on track to post their biggest weekly gain in over three years as trade tensions between the United States and China further escalated. Spot gold edged up 0.1 percent to $1,502.89 per ounce, after surpassing $1,500 for the first time since April 2013...

Oil prices rose over 1 percent on Friday after Reuters reported, citing a Saudi oil official that Saudi Arabia, de facto leader of the OPEC, plans to maintain its crude oil exports below 7 million barrels per day in August and September. A day before, the Bloomberg reported that the kingdom has phoned...

Crude oil futures rallied sharply on Thursday, amid speculation oil producers may consider reducing output, aiming to drain global oil inventories.

Gold prices drifted lower on Thursday, as traders chose riskier assets such as equities after data showed China's exports unexpectedly rose in the month of July despite the ongoing U.S.-China trade dispute.

Gold prices moved lower on Thursday, but held close to the psychological level of $1,500, thanks to uncertainty on U.S.-China trade talks and fears of global recession. Spot gold slid 0.3 percent to $1,497.24 per ounce, after climbing over 2 percent on Wednesday to breach the $1,500 barrier for the...

Oil prices rebounded on Thursday as China's yuan stabilized after a week of turmoil and speculation intensified that oil producers may cut supply to support the market. Benchmark Brent crude rallied 1.7 percent to $57.19 a barrel, while U.S. West Texas Intermediate (WTI) crude futures jumped as much...

Crude oil prices plunged sharply on Wednesday as the deepening U.S.-China trade crisis raised possibilities of a prolonged slowdown of the global economy and concerns about a likely drop in near term energy demand.

Gold prices rose sharply on Wednesday as investors continued to seek the safe haven asset amid mounting worries about the likely impact of the deepening rift between the U.S. and China on the global economy.

Crude oil prices drifted lower Wednesday morning, adding to losses suffered in recent sessions, as mounting trade tensions between the U.S. and China continued to weigh on the commodity.

Gold prices moved higher Wednesday morning, extending recent gains, amid persisting concerns over U.S.-China trade war.

Amid lingering fears about a likely drop in energy demand due to the ongoing U.S.-China trade war's adverse impact on global economic growth, crude oil prices tumbled on Tuesday.

Gold prices moved up for a third successive session as worries about global growth due to an escalation in U.S.-China trade tensions forced investors to stay away from riskier assets such as stocks and pick up the safe haven asset.

Gold prices held steady near a more than six-year high on Tuesday as a plunge in equity markets on the back of rising trade tensions continued to spur demand for safe-haven assets. Spot gold was little changed at $1,463.87 per ounce, after hitting its highest level since May 2013 at $1,464.60. U.S....

Oil prices recovered slightly on Tuesday after China moved to stabilize the yuan's slide, helping ease concerns over a currency war. Benchmark Brent crude rose by 10 cents, or 0.2 percent, to $59.91 a barrel, after earlier dipping to $59.07, their lowest level since Jan. 14. West Texas Intermediate...

Follow RTT