Commodities

XAUUSD: Gold price cruises past key resistance; all-time high imminent

Gold price (XAUUSD) soared to the highest level in seven months as US and China trade conflict converged with a…

May 18, 2020, 07:15 BST

Crude Oil Price Advances As Oman Commits to Production Cuts

The recovery in crude oil price on both the WTI and Brent benchmarks continued today after Oman committed to further…

May 15, 2020, 18:03 BST

Gold Price Nears 2020 Highs As Risk-Off Sentiment Dominates

US-China tensions and poor US retail sales data engineer a bullish breakout on gold price daily chart.

May 15, 2020, 15:38 BST

Brent Crude Oil Price Higher On Lower Stockpiles And Increase in Demand

Brent crude oil price adds to positive momentum after yesterday managed to break above the 50-day moving average. Brent crude…

May 15, 2020, 13:01 BST

Gold Price Rallies on Staggering Jobless Claims; Bullish Flag Suggests a Bigger Move Ahead

Gold price broke to the upside of its symmetrical triangle yesterday and the hourly time frame suggests there is more…

May 15, 2020, 05:40 BST

Copper Price Falls Amid Risk-Off Sentiment & US-China Tensions

Why is copper price on the back foot today? Sign up to read the outlook for copper prices on the…

May 14, 2020, 18:00 BST

XAGUSD: memories of 2008 suggest silver price is gearing to a breakout

Silver price (XAGUSD) has been relatively boring in the past few days. The price has continued to move in a…

May 14, 2020, 15:38 BST

Crude oil price ripe for a breakout as WTI forms bullish pennant at 50 EMA

Crude oil price wavered in overnight trading even after the positive information released by the Energy Information Administration (EIA).

May 14, 2020, 07:08 BST

Gold Price Braces for a Breakout Despite Powell Dismissing Talks of Negative Rates

Gold price traded higher despite Fed Reserve Chairman Powell dismissing negative rates as an option for the Federal Reserve. It…

May 14, 2020, 05:23 BST

Brent Crude Oil Price Cracks $30 Mark on Drop In Crude Oil Inventories

Crude oil price moves above $30 a barrel as larger than expected drawdown in crude oil inventories raises bullish sentiment.

May 13, 2020, 15:59 BST