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Mar 14, 2024
Gold price dips amid rising US yields, strong USD on high inflation data
Gold prices trimmed some of their Wednesday gains on Thursday after traders began to price in a less “dovish” Federal Reserve following a hotter-than-expected Producer Price Index (PPI) report.
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Mar 14, 2024
Crude Oil bumps higher on supply draws, WTI knocks on $81.00
West Texas Intermediate (WTI) US Crude Oil knocked into its highest bids in over three months, etching in a new high of $81.05 on Thursday as barrel traders rebalance their price outlook after US Crude Oil stocks fell more than expected this week and the Internation Energy Agency (IEA) lifted their demand growth outlook.
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