“Gold Futures on a Winning Streak: Second Straight Session Gain!”
Gold futures recorded consecutive session gains recently, reaching their highest levels since mid-April. Market analysts attribute the strength of the precious metal to its status as a safe-haven asset, particularly amid the current global uncertainty. Gold for June delivery settled at $2,037 an ounce on Comex, up $13.70, or 0.7% for the session after climbing […]
Baker Hughes Unveils Second Consecutive Weekly Drop in US Active Oil-Drilling Rigs
Baker Hughes has reported a decline in the number of active US rigs drilling for oil, as the count fell for the second week in a row by two to 590 this week. Alongside this, the total active US rig count, including those drilling for natural gas, also experienced a drop with a reduction of […]