Goldman warns oil may tumble back to $40 if OPEC deal fails

An OPEC deal to cut oil output at a meeting this month is looking increasingly unlikely, with failure warranting prices in the low-$40s, according to Goldman Sachs Group Inc.

“The lack of progress on implementing production quotas and the growing discord between OPEC producers suggests a declining probabil ...

Gold prices ticked higher on Monday as the dollar slid lower

Gold prices ticked higher on Monday as the dollar slid lower, but gains were held in check ahead of the Federal Reserve’s policy meeting later in the week.
Gold futures for June delivery were at $1,232.8 an ounce at 0941 GMT, up 0.23% from their last settlement.
The dollar rose to three-week highs against the ...

Copper Prices Gain With Oil

Copper prices closed higher on Friday, lifted by rising oil prices and increased optimism that China’s economy is starting to stabilize.

Copper for May delivery settled up 0.6% at $2.2645 a pound on the Comex division of the New York Mercantile Exchange and traded as high as $2.3020 earlier in the session.

Twenty stocks in focus in Wednesday morning trade

NEW DELHI: The Indian market is expected to open flat-to-higher on Wednesday tracking mixed trend seen in other Asian markets. 

`The Nifty50 on the daily charts is looking bullish. The index is trading below its important psychological level of 8,000. If it manag ...