Oil prices steady as declining US inventories offset slowing China demand
By Shariq Khan NEW YORK (Reuters) – Oil prices were steady in early Asian trade on Wednesday, with global benchmark Brent hovering near the one-month low it hit in the…
Analysis – China’s gold buying break seen as fleeting given its long-term needs
By Polina Devitt and Kevin Yao LONDON/BEIJING (Reuters) – China still has plenty of appetite for official gold purchases despite pausing in May and June, as its bullion holdings remain…
Oil prices steady as US inventory draw soothes demand fears
Investing.com– Oil prices steadied in Asian trade on Wednesday, as signs of tighter U.S. supplies helped soothe some fears over worsening demand in the rest of the globe. Crude markets…
Gold prices hit record high above $2,470 as rate cut bets grow
Investing.com– Gold prices rose to record highs in Asian trade on Wednesday, extending a strong run of recent gains amid growing optimism that the Federal Reserve will cut interest rates…
Oil prices steady as slowing demand offsets tightening supply
By Shariq Khan NEW YORK (Reuters) – Oil prices were steady in early Asian trade on Wednesday, with global benchmark Brent hovering near the one-month low it hit in the…
