Commodity wrap: gold exceeds $5,100, silver tops $112, oil prices dip
Gold prices breached $5,000 per ounce for the first time on Monday, and subsequently moved above $5,100 as well. Meanwhile, there is no
Gold
Gold
Evening digest: Nvidia’s bet CoreWeave, gold breaks $5,100, Bitcoin teeters at $88K
Markets opened the week with nerves on edge as Nvidia doubled down on CoreWeave in a $2 billion vote for AI infrastructure, even
Gold
Gold tops $5,000 as commodities split between macro risk and physical supply
Geopolitical risk has sent gold soaring past $5,000 an ounce on investor uncertainty, even as energy markets remain firmly tied to tangible supply-demand
Gold
Commodity wrap: storm, supply woes lift oil; gold eases but remains near highs
Oil prices jumped on Tuesday as a massive storm hit crude production and operations at refineries in the US Gulf Coast. Meanwhile, gold
Gold
Morning brief: Asia markets diverge as gold hits records, Dollar slides
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies
Gold
Precious metals rally continues with gold nearing $5,300, silver topping $116
The post Precious metals rally continues with gold nearing $5,300, silver topping $116 appeared first on Invezz
Oil
Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields
Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the
Oil
Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed
Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three months
Oil
AI-driven job cuts accelerate globally as UK becomes early warning
“I was doing Dry January for the trend and health benefits, but now that I have been laid off, I think this is
Oil
US futures rise as Fed decision looms; Tesla and Meta to announce results
US stock index futures climbed on Wednesday as investors positioned ahead of the Federal Reserve’s interest rate decision and a closely watched slate