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World’s Biggest Lockdown Chokes Indian Gold Smuggling Routes

World’s Biggest Lockdown Chokes Indian Gold Smuggling Routes

The coronavirus pandemic has crushed the inflow of gold smuggled into the world’s second-biggest consumer.
Oil Extends Retreat Below $40 as Saudi Arabia Slashes Prices

Oil Extends Retreat Below $40 as Saudi Arabia Slashes Prices

Oil extended its slide below $40 a barrel after Saudi Arabia cut its pricing for oil sales in October, a sign that the world’s biggest exporter sees fuel demand wavering amid more coronavirus flare-ups around the globe.
Oil Holds Near $43 as Laura’s Passing Brings Virus Back in Focus

Oil Holds Near $43 as Laura’s Passing Brings Virus Back in Focus

Oil was little changed near $43 after the hurricane threat in the Gulf of Mexico eased and traders refocused on the broader outlook for demand as the coronavirus pandemic continues to hamper an economic recovery.
Precious Metals & Energy - Weekly Review and Calendar Ahead

Precious Metals & Energy - Weekly Review and Calendar Ahead

Benchmark December gold futures on Comex settled at $1,946.80 versus the previous session’s close of $1,946.30.
Oil prices advance as China lines up boost in U.S. crude imports

Oil prices advance as China lines up boost in U.S. crude imports

Oil prices climbed higher on Monday, lifted by China's plans to ship in large volumes of U.S. crude in August and September, outweighing concerns over a slowdown in demand recovery after the coronavirus pandemic and an uptick in supplies.
Oil Rallies in Asia as Saudi Aramco Sees Recovery in Demand

Oil Rallies in Asia as Saudi Aramco Sees Recovery in Demand

Oil clawed back lost ground in Asia after Saudi Arabia’s state-controlled producer said it expects energy demand to improve.