OPEC+ lifts August oil output by 188,000 bpd for a fifth month as Brent holds below $72
OPEC+ agreed to raise August output by 188,000 barrels a day, its fifth straight monthly increase, and oil opened lower...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold Snaps Five-Week Losing Streak as Weak Jobs Data Cools Rate-Hike Bets
Weak U.S. jobs data pushed spot gold up 1.4% to $4,182.28 an ounce, ending a five-week losing streak as bets...
Central banks add 41 tonnes of gold in May as Poland and China lead buying
Central banks added a net 41 tonnes of gold to official reserves in May, according to World Gold Council data....
Gold rebounds 2.22% on weak U.S. jobs data as rate-hike bets cool
Gold snapped a four-week losing streak this week, with COMEX gold rising 2.22% after weak U.S. jobs data cooled bets...
Gold and Silver Rally to Tighten Ratio to 66.9 After Weak June Jobs Report
Gold and silver logged their strongest weekly gain in more than a month after a soft U.S. jobs report pushed...
