Gold Drops over 1%

Gold prices dropped more than 1% on Monday, as market participants awaited a key US inflation reading due later this week for interest rate cues.

Spot gold was down 1.4% at $2,357.19 per ounce, while US gold futures fell 1.8% to $2,371, as easing fea…

S. Korea’s Exports Gain 11.1% from April 1-20

South Korea’s exports rose 11.1% on-year in the first 20 days of April on surging global demand for semiconductors, data showed Monday.

Outbound shipments reached $35.82 billion in the April 1-20 period, compared with $32.25 billion tallied a year ea…

Oil Prices Fall in Early Asian Trade

Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals.

Brent futures fell 54 cents, or 0.6%, to $86.75 a barrel.

The front-month US West Texas Intermediate (WTI) crude contract for May, which expires on Monday, fell 12 ce…