Commodities

Read the latest Gold and Crude oil news by our experienced commodity traders and market strategists. We cover key markets such as Gold prices, Brent Crude Oil, West Texas Intermediate Crude oil, but also Copper, Palladium, and Platinum prices amongst others.  We aim to provide relevant commodity market news, insights on price drivers, and the key technical levels that traders are watching to make better-informed trades.

Commerzbank Predicts $75 Year-end Crude Oil Price

Crude oil price on the Brent benchmark looks to end the week higher as demand pressures continue to fire up prices.  On Friday, Commerzbank analysts hinted at a $75 per barrel price target for the end of the year, as it expects demand to outstrip whatever supply increases are brought […]

Crude Oil Price Rebounds on Prospect of Reduced Shale Drilling

Crude oil price has eased after a two-day surge. Earlier in the week, uncertainties surrounding the demand and supply dynamics exerted pressure on the commodity. Investors were concerned about increased supply after OPEC+ member states agreed to increase monthly output by 400,000 bpd from August. The decision comes at a […]

Silver Price Rebounds as Fear & Greed Index Signals Extreme Fear

Silver price is on a rebound as a risk-off mood remains a key driver in financial markets. Interestingly, the decline in risk appetite has had a dual impact on prices. On the one hand, silver’s industrial demand has dropped as the coronavirus Delta strain spreads aggressively. According to health authorities […]