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Gold Edges Toward $1,900 on Covid, U.S. Election Uncertainty

Gold Edges Toward $1,900 on Covid, U.S. Election Uncertainty

Gold prices rose for a second straight day, edging toward $1,900 an ounce, as the safe haven crowd leveraged on uncertainty over the outcome of Tuesday’s U.S. election and an explosion of new Covid-19 cases.
Storm Zeta Throws Oil Prices Third Lifeline in Six Weeks

Storm Zeta Throws Oil Prices Third Lifeline in Six Weeks

Crude prices received another boost from Mother Nature on Tuesday — their third in six weeks — as Tropical Storm Zeta headed for Louisiana, triggering the shutdown of oil production facilities around the region.
Gold Up Again, Could Dip as Stimulus Talks Head Nowhere

Gold Up Again, Could Dip as Stimulus Talks Head Nowhere

Gold prices rose for a second straight day on Tuesday as speculation that the White House and Congress will reach a deal for a new coronavirus stimulus before the Nov. 3 U.S. election inspired bulls in the yellow metal to chase the market higher again.
Hurricane Delta Has Moved On but Perfect Storm Now Hits Oil

Hurricane Delta Has Moved On but Perfect Storm Now Hits Oil

The effects of Hurricane Delta may be wearing off, but the perfect storm arrived anyway on Monday for crude prices, driving the market down almost 3%.
Saudi Arabia Pegs Budget to Oil Staying Around $50 Until 2023

Saudi Arabia Pegs Budget to Oil Staying Around $50 Until 2023

Saudi Arabia’s Finance Ministry seems to think that oil prices will stay around $50 a barrel for at least the next three years.
Oil slips as surge in virus cases cloud demand recovery

Oil slips as surge in virus cases cloud demand recovery

Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week's slips.