Oil prices rose in early trade on Tuesday, shored up by a weaker dollar and a U.S. plan to restock its Strategic Petroleum Reserve, but gains were limited by uncertainty over the impact of rising COVID-19 cases in China, the world’s top oil importer. Brent crude futures advanced 61 cents, or 0.8%, to $80.40 a […]
By Deveya Gaglani Gold prices were under selling pressure last year after hitting an all-time of $2070 in 2022. Prices steadily declined after March 2022 as Fed started hiking interest rates and monetary tightening by central banks around the world, reducing gold’s appeal as an inflation hedge while raising the opportunity cost of holding the […]
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