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Oil Price - Pound, gold and oil prices in focus: commodity and currency check, 11 December
11-12-2024 01:36
Gold prices climbed to a two-week high of over $2,700 per ounce on Wednesday as traders rushed to the safe-haven metal ahead of US inflation figures and amid escalating tensions in the Middle East. Spot gold rose 1%,
OPEC+ considers postponing production increases as oil prices stagnate
The OPEC+ alliance is considering postponing planned production increases next year amid weak demand and competing production from non-allied countries that could keep oil prices stagnant into 2025