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Oil jumps above $60 as Iran tanker attack reignites Mideast risk

Oct 11 2019 15:09

Oil jumped back above $60 a barrel after reports of a missile strike on an Iranian tanker near the Saudi Arabian port city of Jeddah reignited fears over military escalation in the world’s most important crude-producing region.


China’s gold-buying spree tops 100 tons during trade war

Oct 08 2019 08:46

China has added more than 100 tons of gold to its reserves since it resumed buying in December, reinforcing its standing as one of the major official accumulators as central banks stock up on the precious metal.

Gold Last updated: 14/10/2019 04:52 Return YTD 1492,658.07(0.54%)
Silver Last updated: 14/10/2019 04:52 Return YTD 17,630.18(1.05%)
Platinum Last updated: 14/10/2019 04:52 Return YTD 890,003.00(0.34%)

Gold rallies on concern Saudi attack may presage wider conflict

Sep 16 2019 09:41

Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East.


Gold may crack $1 600 as Fed seen cutting rates four more times

Sep 04 2019 08:00

Gold will surge above $1 600 an ounce as the Federal Reserve embarks on a quartet of interest rate cuts to combat slowing US growth and the fallout from the trade war with China, according to BNP Paribas SA.


Oil steadies as drop in US stockpiles tempers economic worries

Aug 21 2019 12:04

Oil held steady after a reported drop in US crude inventories alleviated some of traders’ concern that slowing economic growth will diminish demand.

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Struggling power utility Eskom will take centre stage at this year's mini budget