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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.
Silver price trades higher for the seventh consecutive trading session as the rebound from recent lows is intact as global markets recover from recent lows.
Gold price fell slightly today as traders took profits from its best week since the 2008/9 financial crisis. In the past five days, the price of gold has surged by more than 10% and passed the important resistance level of $1,700.
Silver price has soared in the past few days as investors rush to precious metals after the decision by the Federal Reserve to initiate an open-ended quantitative easing program. In the past five days, the price of palladium, platinum, gold, and silver has risen by 39%, 16%, 8%, and 19%...
Crude oil price stabilized during the Asian session as participants waited for a response from Saudi Arabia. Yesterday, Mike Pompeo, the Secretary of State, asked the country to help stabilize the oil market. He made the statement as he headed to an important G20 ministers’ meeting. The statement came a...
WTI crude oil price CFDs is trading higher today after the American Petroleum Institute (API) reported a drop in crude oil inventories last week. As of this writing, the commodity is trading at $24.45, up from where it opened at $24.10....
