Gold prices climbed for the third straight session as investors sought safe-haven assets amidst growing market uncertainties. The February gold futures contract rose 0.68% to $2,690.80 per troy ounce on the Comex division of the New York Mercantile Exchange.

Investors flocked to gold as a hedge against market volatility. However, cautious

Shell’s recent $400 million write-down on its Namibian offshore oil discovery serves as a stark reminder of the risks in frontier exploration.

The company announced this decision in a trading update preceding its fourth-quarter results due on January 30, 2025. Shell, along with partners QatarEnergy and NAMCOR, made the initial discovery in block

The US Department of Justice received court approval to sell 69,370 Bitcoin worth $6.5 billion, DB News reported on January 9, 2025. This decision marks the end of a four-year legal battle over cryptocurrency seized from the Silk Road darknet marketplace.

Chief US District Judge Richard Seeborg rejected claims from Battle Born Investments and

Oil futures closed higher as traders expressed concerns about supply disruptions from Russia and Iran, according to market reports. The Brent crude oil contract for March delivery rose by 0.99%, reaching $76.92 per barrel on the Intercontinental Exchange.

Meanwhile, the West Texas Intermediate (WTI) crude oil contract for February delivery