UBS has raised its gold price forecasts, citing strong structural support and resilient demand for the yellow metal.The investment bank now expects gold prices to average $2,365 in 2024, up 8% from previous forecasts, with a year-end…
By Steve Gorman and Brendan O'Brien LOS ANGELES (Reuters) -Millions of Americans from the Gulf Coast of Texas to California's San Francisco Bay area were warned on Tuesday to curb outdoor activity and stay well-hydrated during a major…
Investing.com-- Gold prices rose in Asian trade on Wednesday, but stuck to a range seen for nearly two weeks amid continued speculation over when the Federal Reserve will begin cutting interest rates.Among industrial metals, copper prices…
The performance outlook for the Global Market Index (GMI) ticked higher again in May. For the fourth straight month, GMI’s long-term forecast edged up, rising to an annualized 7.1% pace, which is fractionally above the estimate in the…
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. Senator Joe Manchin said on Tuesday he was urging U.S. companies to sue the Treasury Department over the local content rules it set for companies to receive clean energy tax…
Investing.com -- U.S. crude oil futures fell in post-settlement trading Tuesday after the American Petroleum Institute reported domestic crude stocks unexpectedly jumped last week, muddying expectations for a seasonal pick up in energy…
By Erwin Seba HOUSTON (Reuters) -Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses…
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(Reuters) - Millions of people in the Western and Southern United States will bear the brunt of the summer's first heat wave starting on Tuesday as temperatures are expected to soar above 100 degrees Fahrenheit (37.8 degrees Celsius)…
By Paul Carsten LONDON (Reuters) -Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses from a…