CUR - Commodity Roundup: Gold oil trade in green; Soybean futures up ahead of USDA report
2024-02-08 06:11:04 ET
Gold ( XAUUSD:CUR ) prices held steady on Thursday as Middle East tensions continued, which countered pressure from uncertainty around the timing of potential rate cuts. While gold is traditionally seen as a safe way to preserve wealth during economic and geopolitical turmoil, the non-yielding metal suffers when interest rates rise. Spot gold was trading +0.02% at $$2,034.61 by 6 am ET. ...
Commodity Roundup: Gold, oil trade in green; Soybean futures up ahead of USDA report