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Crude Oil backslides after OPEC announces production increase, WTI eases to $68
West Texas Intermediate (WTI) Crude Oil prices took a tumble on Monday, falling 2.5% at the outset of the new trading week after the Organization of the Petroleum Exporting Countries (OPEC) announced a tentative agreement to begin ramping up Crude Oil production globally.
Lumber futures reach over two-and-a-half-year high following Trump's investigation
Investing.com -- Lumber futures have climbed to their highest level in over two and a half years following U.S. President Donald Trump's recent directive to investigate lumber imports into the U.S. anInvesting.com
Mar 3, 2025
Gold price trades with mild positive bias; lacks bullish conviction
Gold price (XAU/USD) kicks off the new week on a positive note and recovers further from over a three-week low, around the $2,833-2,832 region touched on Friday. Despite Friday's in-line US inflation data, traders continue to price in the possibility that the Federal Reserve (Fed) will cut interestFxstreet
Mar 3, 2025
Gold Price Forecast: XAU/USD drifts higher above $2,850 amid the cautious mood
Gold price (XAU/USD) attracts some buyers to around $2,870 during the early Asian session on Monday. The uncertainty and ongoing Russia and Ukraine conflicts continue to underpin the precious metal. Traders will keep an eye on the US February ISM Manufacturing Purchasing Managers Index (PMI), whichFxstreet
Mar 3, 2025
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