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Oil jumps on expectations producers may cut supply after 4% slump
Oil futures jumped more than $1 a barrel on Thursday, recovering half of the nearly 5% losses in the previous session, on expectations that lower prices may lead to production cuts. Brent c…
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Gold climbs back toward six-year peak on U.S.-China trade clash
Gold prices strengthened on Tuesday, consolidating near the highest in more than six years as an intensifying U.S.-China trade war threatened global economic growth. Spot gold rose 0.5% to …
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Gold firms near six-year peak as trade tensions trigger safe-haven bets
Gold prices held firm near six-year highs on Tuesday as investors flocked to safety after the United States designated Beijing a currency manipulator, escalating protracted trade war between the wo…
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Worry in India as cotton prices take a hit in US-China trade war
In the ongoing trade war between China and the US, cotton prices have taken a hit of more than 32 percent in the international market in the past one year. And the crash in prices in the g…
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News Bites Gold Prices Jump After President Trump Announces New 10% Tariff On China
The gold market is seeing some renewed interest and is close to unchanged on the day as President Donald Trump fires another salvo in the U.S. trade war with China. In a twitter post, Trump said…
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Oil prices rebound after Trump trade tariffs trigger plunge
Oil prices rose more than $1 on Friday, rebounding from their biggest falls in years after U.S. President Donald Trump imposed more tariffs on Chinese imports, intensifying the trade war between …
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India`s August-September monsoon rains seen at 100% of long term average
Monsoon rains in India are expected to be 100% of a long-term average in August and September, the India Meteorological Department (IMD) said on Thursday, making up for a shortfall in the first two…
