Latest News on Middle East Tensions
Showing of 0 - 10 from 9 results
Middle East Tensions - Total results - 9
Jul 24, 2019
Gold crawls higher on Middle East tensions, up 0.3% at $1,420.65 per ounce; dollar rally caps gainsGold prices rose on Wednesday, moving away from a one-week low touched in the previous session, as escalating tensions in the Middle East drove investors towards the safe-haven metal, while a stronger dollar limited the metal’s gain
Jul 23, 2019
Oil rises on Middle East tensions, glum demand outlook caps gains; IEA closely monitoring developments in the Strait of HormuzThe oil market is currently well supplied, with oil production exceeding demand in the first half of 2019, pushing up global stocks by 900,000 barrels per day, the IEA said in a statement.
Jul 19, 2019
Rupee snaps 3-day losing streak; spurts 17 paise to 68.80 against dollar on hopes of Fed rate cutThe rupee had settled at 68.97 against the US dollar Thursday.
Jul 19, 2019
Gold nears Rs 36,000-mark per 10 gram on global cues; silver jumps Rs 935 on revival in industrial demandGold prices may trade higher in the coming days because of weaker dollar and speculations of US Fed rate cut, Patel said.
Jul 16, 2019
Oil down for a second day as US Gulf of Mexico output returnsBoth contracts last week made their biggest weekly gains in three weeks as US oil inventories fell and diplomatic tensions rose in the Middle East.
Jul 12, 2019
Gold rises on fresh Sino-US trade tensions, Fed rate cut bets; slightly weaker dollar helps yellow metal's gainSpot gold was up 0.3% at $1,407.69 per ounce. Gold has risen nearly 0.6% so far this week.
Jun 20, 2019
Rupee surges by 24 paise to 1-week high of 69.44 on US rate cut hopes; oil price rise checks domestic currency's gainsAt the interbank foreign exchange (forex) market, the rupee closed up by 24 paise or 0.34% at 69.44, a level not seen since 12 June.
Jun 19, 2019
Oil climbs over $1 per barrel on Sino-US trade deal hopes, Middle East tension after last week’s tanker attacksFears of a confrontation between Iran and the United States have mounted since last Thursday’s oil tanker attacks, which Washington has blamed on Tehran. Iran has denied involvement.
May 16, 2019
Crude rises for third straight day, hovers around $72 on Middle East tensions; hike in US oil inventories helps cap pricesArray