DXY under pressure as Treasury yields drop. Gold plunges to $2,921, Bitcoin tests $82,676 support. Traders eye PCE index for Fed policy clues. U.S. Dollar Index Dips as Treasury Yields Fall and ...

The unexpected drop in inventories could have significant implications for the oil market and the overall economy. Market participants will be closely monitoring the next report to see if this ...

More than that, considering that both gold and oil are correlated commodities, with an average correlation of up to 50%, investors can see that today’s negative correlation (hence the massive ...

Bloomberg Ghana Suspends Gold-for-Oil Program Posted: March 3, 2025 | Last updated: March 3, 2025 Ghana's new central bank chief, Johnson Asiama, has suspended the country's program of paying for ...

NIGERIA achieved an oil production of 2.2 million barrels per day in 2020 at the height of the COVID-19 pandemic. Gradually, well-resourced criminal gangs started rolling back the country’s ...

Internationally, gold prices also saw a downturn, with APGJSA reporting a rate of $2,916 per ounce (including a $20 premium), reflecting a $24 drop in the day's trading. "The gold market has been ...

Gold has hit a record high with investors still ... Meanwhile, Reuters said yesterday that Oil prices regained some ground after falling sharply in the previous session, as investors weighed ...

(Bloomberg) -- Oil edged up as internal market metrics flashed signs that recent declines were overdone, overshadowing the prospect of a temporary truce in Ukraine. West Texas Intermediate rose 0. ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 640,000 barrels for the week ending February 21. Analysts had expected a 2.3-million-barrel ...

Gold ETFs inflows dropped 47.22% to Rs 1,979 crore in February despite record-high gold prices, reflecting profit-taking and equity market opportunities. However, inflows still saw a 99% year-on ...

Gold prices were mixed, recovering some ground after touching a one-week low in the previous session, as investors are cashing in amid trade war jitters. The spot price of gold slipped by 0.9% to ...

Gold prices edged lower in early European trading on Tuesday, but remained close to recent highs, buoyed by continued safe-haven demand stemming from concerns over escalating US trade tariffs and ...