Oil extended losses on Monday as an emergency rate cut by the US Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus while a price war rages on between top producers.

Oil prices slide again on coronavirus fears, price war

Gold and other safe-haven assets including Oil prices increased over $2 a barrel on Friday because of the US killing of a top Iranian commander in an airstrike in Iraq ratcheted up tensions between the two national powers.

Global Markets: Oil, gold, safe haven assets prices rose as US strike kills Iranian commander

Oil prices fell on Monday, but were holding near recent three-month highs amid expectations that the United States and China will soon agree on a trade deal, with President Donald Trump saying an agreement would be signed "very shortly".

Oil eases but supported by trade deal hopes

Gold prices were little changed on Thursday, following an over 1 per cent jump in the previous session, as investors awaited more data to gauge the health of the US economy.

Gold prices steady as market awaits United States employment report

Oil prices tumbled by more than 2 per cent on Monday after US President Donald Trump on Sunday said he would sharply hike tariffs on Chinese goods this week, risking derailing months of trade talks between the world's two biggest economies.

Oil prices tumble by more than 2% after Trump announces new tariffs on Chinese goods

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Oil prices slide again on coronavirus fears, price war

Global Markets: Oil, gold, safe haven assets prices rose as US strike kills Iranian commander

Oil eases but supported by trade deal hopes

Gold prices steady as market awaits United States employment report

Oil prices tumble by more than 2% after Trump announces new tariffs on Chinese goods