Oil prices up 3%; gold soars 4%, biggest 1-day jump in 5 years – The Times of India
Oil prices climbed on Wednesday, bouncing back from four-year lows earlier in the session, after US President Donald Trump announced he would further increase tariffs on China but pause the tariff increases he announced last week for most other countries. Brent futures were up $1.8, or 3%, to $64.6 a barre – the contracts lost…