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Gold rises on safe-haven demand ahead of OPEC+ meet, holiday
Author: Marilou0677
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Gold rises on safe-haven demand ahead of OPEC+ meet, holiday
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Crude Extended Rally as OPEC Signaled Willingness to Discuss Price
Crude oil shrugged off earlier losses and jumped as OPEC indicated willingness to talk to other producers on “fair price”. Sentiment was also buoyed by the DOE/EIA report which showed a -1% m/m drop in June output. The front-month WTI contract rallied +8.8% on Monday, accumulating a +25.3% gains in total over the past 3 trading days.
View original post here:
Crude Extended Rally as OPEC Signaled Willingness to Discuss Price