Western Texas Intermediate (WTI), the U.S. benchmark crude oil, is currently trading near $75.05 as of Tuesday. WTI prices show modest gains, supported by expectations that the Organization of the Petroleum Exporting Countries and its allies (OPEC+) will extend oil production cuts in the upcoming Thursday meeting.
Amid the recent oil price slump, analysts predict...
Gold (XAU/USD) has broken through the $2,008-$2,010 resistance, reaching $2,018 on Monday, its highest since mid-May. Amid speculation of a Fed pause in tightening and expectations of rate cuts in 2024, the USD hit a three-week low, backing gold's recent uptrend from around $1,950. Global economic concerns favor traditional safe-havens, supporting gold's...
