Oil traders are becoming wary that OPEC+ will increase oil output and further distort the energy demand/supply dynamics.
The precious metal posted its worst monthly decline since 2016 as gold prices broke below the $1,750 support.
The bullion asset regained its lustre after a 2.2% drop recorded in the past week,
The Nigerian stock market ended the past week cumulatively on a bearish note. The NSE All-Share Index and Market Capitalization depreciated by 0.63% and 0.61% to...
Oil traders are going bullish on the black liquid hydrocarbon, over the unprecedented cold snap in a leading American energy hub, Texas
Stock traders momentarily increased their selling pressures on technology shares that have rallied through COVID-19 and rotated into cyclical stocks.
Gold futures settled up $1.2%, at $1,813.05 after it had dropped as low as $1,784.60 on Thursday.
Gold futures dropped about 0.33% to trade at $1,947.
The Dow Jones Industrial Average plunged by 1.3%, closing with 30,223.89 and dropping about 700 index points at one point.
Gold futures were trading at $1,937 an ounce printing a gain of $42 per ounce.
