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Goldman Sachs sees upside to oil price forecasts from OPEC+

Goldman Sachs sees upside to oil price forecasts from OPEC+
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

Brijesh patelRichard pullinArundhati sarkarOrganization of the petroleum exporting countriesGoldman sachsPetroleum exporting countriesப்ரிஜேஷ் படேல்அருந்ததி சர்க்கார்ஆர்கநைஸேஶந் ஆஃப் தி பெட்ரோலியம் ஏற்றுமதி நாடுகள்கோல்ட்மேன் சாக்ஸ்பெட்ரோலியம் ஏற்றுமதி நாடுகள்

PRECIOUS-Gold rebounds on lower bond yields, Delta variant threat

PRECIOUS-Gold rebounds on lower bond yields, Delta variant threat
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

United statesBrijesh patelStephen innesLukman otunugaSubhranshu sahuThomson reuters trust principlesEuropean central bankCentral bankLouise heavensThomson reuters trustஒன்றுபட்டது மாநிலங்களில்ப்ரிஜேஷ் படேல்ஸ்டீபன் இநெஸ்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்ஐரோப்பிய மைய வங்கிமைய வங்கி

PRECIOUS-Gold prices flat as lower U S bond yields offset firmer dollar

PRECIOUS-Gold prices flat as lower U S bond yields offset firmer dollar
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

United statesBrijesh patelChuck schumerSherry jacob phillipsThomson reuters trust principlesUs senate democraticWall streetThomson reuters trustஒன்றுபட்டது மாநிலங்களில்ப்ரிஜேஷ் படேல்சக் ஸ்குமர்ஷெர்ரி ஜாகோப் பிலிப்ஸ்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்எங்களுக்கு செனட் ஜனநாயகசுவர் தெருதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை

Gold edges up on Delta virus threat, lower US Treasury bond yields

By Brijesh Patel (Reuters) - Gold prices edged higher on Monday, lifted by a retreat in U.S. Treasury yields and concerns that a surge in coronavirus cases could dampen global economic recovery, though an uptick in the dollar limited gains for the safe-haven metal. Spot gold was up 0.1% at $1,812.83 per ounce, as of 0243 GMT, after falling 1% in the previous session. U.S. gold futures eased 0.1% to $1,813.70. Covid-driven risk aversion is driving Asian markets today after a weak finish on Wall Street on Friday, said Jeffrey Halley, a senior market analyst at OANDA. Some short-covering is providing modest support to gold, but it not displaying any clear momentum in either direction.

Brijesh patelSherry jacob phillipsJeffrey halleyWall streetப்ரிஜேஷ் படேல்ஷெர்ரி ஜாகோப் பிலிப்ஸ்ஜெஃப்ரி ஹாலேசுவர் தெரு

Gold edges up on Delta virus threat; firm dollar caps gains

Article content Gold is used as a safe investment during times of political and financial uncertainty. “Some short-covering is providing modest support to gold, but it not displaying any clear momentum in either direction.” Sentiment in wider financial markets remained weak as investor risk appetite was soured by growing inflationary pressures and a relentless surge in coronavirus cases. Many countries, particularly in Asia, are struggling to curb the highly contagious Delta variant of the coronavirus and have been forced into taking lockdown measures. Benchmark 10-year Treasury yields held near more than one-week low, reducing the opportunity cost of holding non-interest bearing gold.

Brijesh patelSherry jacob phillipsWang taoப்ரிஜேஷ் படேல்ஷெர்ரி ஜாகோப் பிலிப்ஸ்வாங் தாவோ