Gold price (XAU/USD) is up around $3,272 in early Asian trading on Monday. People are worried about a US recession and trade problems between the US and China. This makes gold, a safe-haven asset, more popular. Later today, the US ISM Services PMI for April will be important news.
US recession
Gold price crosses ₹1 lakh: Huge surge in yellow metal
Gold price today: Precious metal gold soared to hit the psychologically important level of ₹1 lakh per 10 grams in the retail market, ahead of Akshaya Tritiya, which is the auspicious day for purchasing gold in India.
Copper Pressured by US Recession Fears
Copper futures fell toward $4 per pound in early September, losing nearly 3% so far this month as sentiment took a hit after weak US manufacturing data reignited recession fears.
कच्चे तेल में लगातार गिरावट; ब्रेंट क्रूड 8 महीने के निचले स्तर पर पहुंचा, जानिए क्या है वजह?
अमेरिका में मंदी की आशंका और मिडिल ईस्ट में जियो पॉलिटिकल तनाव के कारण कच्चे तेल की कीमतों (Crude Oil Prices) में लगातार दूसरे दिन गिरावट आई और ये 8 महीने के निचले स्तर पर पहुंच गया. ब्रेंट क्रूड 1% टूटकर $76/बैरल के नीचे फिसला है.