#shorts | Oil Prices Rise Amid China Growth, Mideast Tensions #oilprice #zeebusiness
hello and welcome to Z commodity capsule all the metal prices are hovering in green starting with gold prices which firmed on Friday and now are poised for best week since April 5th same is the case with silver in fact in domestic prices silver uh prices are hovering near 1 month high now where is the strength coming from uh the recent economic boost that uh boosted the bets of an interest rate cut from the Federal Reserve is giving its much required Sheen to the bullan prices data on Thursday showed that the number of Americans filing new claims for unemployment benefits increase more than was expected oil prices have managed to rise a hovering near $84 a barrel in case of Brent edging near 2E High uh on uh Rising crude imports in China in the month of April investors saw the cooling us job market as an indication for possible interest rate cut natural gases prices are once again hovering at 3 a half month High past $2.3 per mmbtu
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
#commoditymarket #shorts #zeebusiness
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