Crude Oil Drops to Lowest Level Since Early 2021 Amid Supply Glut
U.S. crude oil prices fell to $56.6/barrel, the lowest since 2021, due to a global supply glut and weak demand signals from China.
Follow gold prices with demand trends and macro drivers that shape safe-haven flows.
Gold Approaches Record High Amid Anticipation of Key US Economic Data
Gold prices have risen close to $4,320, with a 60% increase since the beginning of the year, as investors await important US economic data.
Gold Surpasses $4,300 an Ounce as Monetary Easing Expectations Boost Uptrend
Gold has risen above $4,300 an ounce, supported by expectations of monetary easing in the U.S. and a slowdown in the labor market.
Gold Prices Climb for Third Session Amid Rate Cuts
Gold prices rose to $4,230/oz for the third session, driven by Fed rate cuts and rising geopolitical tensions.
Ravenswood Gold Secures $650 Million Loan from RRJ Capital
Ravenswood Gold secures a $650M loan from RRJ Capital to refinance debts, amid rising gold prices and sector interest.
Gold Prices Steady as Markets Anticipate Fed Rate Decision
Gold prices stabilize at $4,210/oz as markets await Fed's cautious rate cut decision amid strong labor data and rising central bank purchases.
Gold Remains Strong as Rate Cut & Jobs Data Impact Market
Gold surpasses $4,200 as markets anticipate a rate cut, amid strong jobs data and an increase in China's reserves.
Gold Prices Dip Slightly as Dollar Remains Stable in Egypt
Gold prices in Egypt slightly declined; 21-carat at 5,599.58 EGP. Dollar stable ahead of Central Bank's Dec 18 decision.
Gold Price in Jordan Today
Gold prices in Jordan rise slightly; 24-carat at 95.95 Dinars/gram amid global demand and regional tensions.
Gold Prices in the UAE and Gulf Today
Gold prices in the UAE and Gulf have risen slightly, with expectations for an additional increase of 1-2% next week.
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