Canberra: Oil prices advanced today as the widening conflict in the Middle East disrupts oil and gas flows, while supply remains constrained amid reduced output from production facilities. Brent crude climbed by USD 1.67, or 2.05 percent, to settle at…
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US Dollar Declines as Investors Cling to Fragile Assumptions
Canberra: The US dollar fell today as investors clung to fragile assumptions that the conflict in the Middle East may prove less protracted than initially anticipated. The greenback retreated further from its more than three-month peak reached earlier…
Gold Prices Continue Rising as Investors Seek Safe Havens
Canberra: Gold prices continued climbing as market participants looked for safe havens in light of rising geopolitical tensions. Gold prices were up just shy of 1% to $5182.12 in early morning trading. Gold is up 20% year to date on the back of increa…