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Gold steadied not far above a 5-1/2-year low on Monday, with a firm dollar after solid US job gains in July suggesting that the Federal Reserve could raise interest rates as early as next month. On Friday, the dollar rose as high as US$0.9885, its loftiest peaks since late March....

A man fills up his auto at a petrol station in Rome January 6, 2015.

The unbeaten champion, 38, faces fellow countryman Berto in Las Vegas on 12 September, and could extend his winning run to 49 fights.

Another supply challenge to watch is shale drilling in the U.S. Despite the plunge in oil prices, drillers have been stubborn about cutting production.

Oil prices remained under pressure on worries about oversupply and weak global demand, but gold bucked the trend although by not enough to see the precious metal avoid its longest weekly losing streak since 1999.

Monthly job growth has averaged 211,286 so far this year, a level suggesting employers are confident the economy will continue to expand and require more workers. At 62.6%, it remains at levels not seen since the late 1970s.

Average hourly earnings ticked up 5 cents in July to $24.99 and are now up 2.1 percent year over year.

Gold’s marking time ahead of the U.S. employment report “may be the calm before the storm, with probability calling for another leg lower to the 2010 low of $1,044”, according to technical analysts at ScotiaMocatta.

Federal data published Wednesday show total U.S. crude oil production increased by 52,000 barrels to 9.5 million barrels per day.

“Under the current Saudi oil policy, it is still more likely…that any sustained price recovery will come through another OPEC country breaking down than from North American crude oil production collapsing”, Olivier Jakob, an oil analyst at Petromatrix, said in a...

Oil fell to a six-month low in London as Iran vowed to boost production immediately after sanctions are lifted and manufacturing in China slowed.

On Monday, the rout deepened after data showed Chinese manufacturing growth unexpectedly stalled in July and U.S. consumer spending advanced at its slowest pace in four months in June as demand for automobiles softened.

Chennai: Actor Dhanush-produced Tamil thriller “Visaaranai” will be first film in the language to have its world premiere in the competition section of the upcoming at 72nd Venice worldwide Film Festival.

This underlines the persistence of the glut in supply, already lowering oil prices with the anticipated swift return of Iranian output to the market.

Oil prices remained weak in Asian trade Thursday after sharp losses in the previous session that drove Nymex oil futures below the $50 a barrel mark-the first time it has settled below that level since April 2.