Recent Surge in Gold Price and Oil Rig Counts in Q1

Monday, 1 April 2024, 10:12

The post highlights the recent surge in spot gold prices reaching new record highs while also noting an increase in oil rig counts during the first quarter. The surge in gold prices reflects growing investor interest in safe-haven assets, while the rise in oil rigs signals a potential uptick in oil production and exploration activities.
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Recent Surge in Gold Price and Oil Rig Counts in Q1

Commodity Roundup: Gold hits record high; oil rigs rise by six in the first quarter

Spot gold prices (XAUUSD:CUR) hit yet another record high at the start of the month on Monday, after U.S.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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