September 19, 2024

Gold Holds Gains after US Rate Cut

Gold prices stabilized Thursday after hitting a record high in the previous session after the Federal Reserve decided to cut interest rates significantly.

Spot gold was little changed at $2,562.85 per ounce, after scaling a record high of $2,599.92 o…

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US Crude Inventories Hits Lowest Level Last Week

US crude oil stockpiles dipped to their lowest level in a year last week, while fuel inventories rose, the Energy Information Administration (EIA) said.

Crude inventories fell by 1.6 million barrels to 417.5 million barrels in the week ending Sept.

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