Commodities
Gold slumps over 1% as oil surge fuels rate hike bets
Gold prices fell more than 1% on Monday as a sharp rise in oil prices strengthened expectations that the U.S. Federal Reserve may keep interest rates higher to counter inflation risks stemming from escalating tensions in the Middle East.
Go to articleGold slips to $4,061 as Iran conflict lifts oil, rate hike odds
Gold prices declined on Thursday, trading close to the previous session's one-week low, as escalating U.S.-Iran hostilities pushed oil prices higher and revived worries over inflation and the prospect of prolonged elevated interest rates.
Go to articleCommodities Markets
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BRENT CRUDE | 85.82 | 86.55 83.32 | 1.09 1.29% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.25 -1.17% |
| ROTTERDAM COAL MONTHLY | 120.00 | 120.00 120.00 | 0.65 0.54% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 80.36 | 80.93 78.19 | 1.02 1.29% |
| SUGAR #11 WORLD | 14.86 | 14.99 14.71 | -0.02 -0.13% |
| Gold Tola 24 Kt | 424,958.76 | 427,647.84 421,017.40 | 342.52 0.08% |
| Gold | 4,055.61 | 4,080.81 4,017.81 | 3.29 0.08% |
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Pakistan Stock Movers
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