July 20, 2023: Gold Surges to Highest Levels in Nine Weeks.

Gold is at its highest level in 9 weeks as the dollar weakens. Gold prices rose on Thursday, July 20, to the highest level in nine weeks, supported by the dollar’s weakness and bets that the US Federal Reserve may soon pause its rate hike cycle. In spot trading, gold rose by 0.08% to $1978.10

Read More »

July 7, 2023: Oil Rises, Dollar Stable, while Meta Stock Declines

Oil rises to a second weekly increase, supported by strong demand. Oil prices rose on Friday, July 7, on their way to recording a second consecutive weekly gain, as strong demand led to a larger-than-expected decline in US crude inventories, outweighing concerns about the repercussions of interest rate hikes in the United States. Brent crude

Read More »
No more posts to show