Day: May 8, 2024

Gold Rangebound as Investors Look for Rate Hike Clues

Singapore, Gold prices were confined to a narrow range on Wednesday as market participants assessed the timeline for potential US interest rate cuts.

Spot gold rose 0.1% to $2,317.44/oz. US gold futures gained 0.1% to $2,326.40.

For other precious m…

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Oil prices continue to decline

Bethlehem – Ma’an – Oil prices continued to decline in trading today, Wednesday, and the price of a barrel of Brent crude fell below the level of $82 for the first time since last March 13.

By 11:47 Moscow time, global Brent crude futures contracts f…

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