Commodity Feed: Gold Dips, Oil Rises; US Agri Trade Falls 11%
Quick Look Gold prices dip below $2000/oz amidst strong US CPI report and Fed rate cut speculations. ICE Brent crude oil sees a 0.94% hike, nearing $83/barrel, amid fluctuating crude inventories. OPEC adjusts oil demand and supply forecasts, signalling a cautious market outlook. Benchmark U.S. and Brent crude prices experience slight increases, reflecting market dynamics. …
Commodity Feed: Gold Dips, Oil Rises; US Agri Trade Falls 11% Read More »