Category: News Group

Gold Attempts to Recover

Gold prices remained near $1750 an ounce on Monday, recovering slightly from a 6-week low of $1741 hit last Thursday, as uncertainty over the fate of debt-laden developer China Evergrande and its broader impact lifted the yellow...

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Gold Rebounds on Friday

Gold was up almost 1% to above $1,750 an ounce on Friday, after falling more than 1% in the previous session, and is on track to end little changed on the week. Investors’ risk appetite retreated after Evergrande missed a...

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WTI Oil Attempts to Recover

WTI crude futures jumped nearly 1% to above $71 a barrel on Tuesday after sinking by 2% Monday. It is the first gain in three sessions, amid signs of US supply tightness. Royal Dutch Shell, the largest US Gulf of Mexico oil...

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Euro Weakens to 1-Month Low

The euro depreciated towards $1.17 in late September, hovering around its weakest level since August 22nd, due to growing risk aversion amid prospects of slower global growth and expectations for a tapering signal from the US...

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