Commodities

XAUUSD Outlook: Yellen’s Call for More Stimulus Keeps Gold Prices Below $1850

Gold price remains range-bound, even as incoming US Treasury Secretary Janet Yellen provides testimony to the Senate Finance Committee. She…

Jan 19, 2021, 16:59 GMT

Silver Prices Look Toward $26 As Yellen Testimony Attracts Market Focus

Silver prices (XAG/USD) are trading higher this Tuesday, following the market’s risk-on sentiment as a new US administration is set…

Jan 19, 2021, 16:02 GMT

Silver Price Prediction: A Drop to $22 Possible Before Eventual Rally – Chart

Silver price has turned ugly. It is trading at $25.50, where it has been in the past few days. From…

Jan 19, 2021, 08:33 GMT

Gold Price Outlook: $1850 Remains Elusive, But Expect Volatility This Week

Continuing strength on the greenback served to cap the upside move on gold prices today. Gold prices on the XAUUSD…

Jan 18, 2021, 17:25 GMT

Danske Bank Predicts $60 Crude Oil Price By Year’s End

Strategists at Danske Bank are predicting that crude oil prices will stay at $60 per barrel by the end of…

Jan 18, 2021, 14:04 GMT

Gold Price Under Pressure As Suggested by a Technical Continuation Pattern

The week started with a bearish note for the yellow metal as the gold price dropped on an overall strong…

Jan 18, 2021, 09:47 GMT

Crude Oil Price Slumps Nearly $2 Today: What Was Responsible?

Crude oil prices took a hit on Friday, as China extended its scope of lockdowns and provoked fears of a…

Jan 15, 2021, 15:35 GMT

Gold Price Outlook: XAUUSD Having Problems Crossing Above $1850

As incoming US President Joe Biden has shared details of an additional $1.9trillion economic recovery plan, investors have started to…

Jan 15, 2021, 15:05 GMT

Bearish Triangle Points to a Break Lower in the Gold Price

The gold price looks weak here as the market forms a triangle as a continuation pattern. Since the second rejection…

Jan 15, 2021, 09:16 GMT

Gold Price Could Target $1900 If Fed’s Powell and Incoming US President Sing Concordant Tunes

Gold prices continue to trade in the narrow range of the last three days, as the market buzz surrounding the…

Jan 14, 2021, 17:19 GMT