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Crude Oil extends gains, WTI breaks $80 as markets look to OPEC+

West Texas Intermediate (WTI) US Crude Oil rose on Tuesday as energy markets look to production cuts from the Organization of the Petroleum Exporting Countries (OPEC), and its extended network of non-member partner countries OPEC+, to maintain production cuts in order to try and tamp down global Crude Oil production in the face of disappointing demand.

Fxstreet

May 28, 2024

Gold shines bright and hits three-day high despite Fed hawkish commentary

Gold price was modestly up late in the North American session, registering gains of around 0.15% amid high US Treasury bond yields that make it less appealing to hold the non-yielding metal.

Fxstreet

May 28, 2024

Gold recovers earlier losses as USD weakens

Gold (XAU/USD) recovers earlier loses and is trading in the $2,350s on Tuesday during the US session, as the US Dollar weakens and sentiment takes a negative turn – a positive for safe-haven Gold.

Fxstreet

May 28, 2024

Gold Price Forecast: XAU/USD traders appear non-committal on the US election day

Gold price is miring in five-day lows near $2,730 in Asian trading on Tuesday, lacking a clear direction.

Fxstreet

Jan 1, 2017

Gold Price Forecast: XAU/USD eyes a range breakout, as Fed Minutes looms

Gold price is trading around a flatline near $2,330 early Wednesday, as traders consider the recent US jobs data and Federal Reserve (Fed) Chairman Jerome Powell’s speech, bracing for yet another busy US calendar.

Fxstreet

Jan 1, 2017

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