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Moneycontrol NaNd ago
Commodity Corner: Oil slides, precious metals extend losses amid strong dollar
Gold and other precious metals remained under pressure due to a stronger U.S. dollar and persistent hawkish signals from the Federal Reserve.
DOLLAROILPERSISTENTInformation TechnologyOil Gas & Consumable Fuels
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Moneycontrol NaNd ago
Commodity Corner: Oil slips, gold gains amid US-Iran ceasefire hopes
Commodity markets witnessed mixed movement on May 29, with crude oil prices declining slightly amid optimism over a possible extension of the U.S.-Iran ceasefire agreement. Meanwhile, gold prices edged higher due to persistent inflation concerns and expectations around U.S. interest rates.
OILPERSISTENTInformation TechnologyOil Gas & Consumable Fuels