Oil prices were higher on Friday as concerns increased over the US-Iran conflict. Washington said Tehran will suffer if the country does not reach an agreement on its nuclear activities within days. Brent crude futures rose 21 cents, or 0.3%, to $71.87, while U.S. West Texas Intermediate crude rose 23 cents, or 0.4%, to $66.66. […]
According to Ajay Kedia, founder and director of Kedia Commodities, the sharp volatility in precious metals is driven more by technical factors and seasonal trading weakness than by a major deterioration in fundamentals.Speaking to Commodity Central with ET Now, Kedia said the recent 10% correction in silver – followed by a rapid 4.5% rebound – […]