Commodities

Crude Oil Price Tanks As Risk-Off Sentiment Hits Global Markets

Crude oil price on both the WTI and Brent benchmarks are sliding today as a variety of fundamentals continue to…

Apr 20, 2020, 14:48 BST

Copper Price Sways At 61.8% Fibonacci Level As Demand Questions Linger

Copper price declined slightly today partly because of the strength of the US dollar. The dollar index, which measures the…

Apr 20, 2020, 10:22 BST

Gold Price Falls On U.S. Economy Reopen Hopes

The gold price continues lower after Friday’s sharp decline as U.S. dollar gains momentum while investors sentiment has improved after…

Apr 20, 2020, 08:15 BST

WTI Crude Oil Price Drops to $15–The First Time in 21 Years!

Despite a deal among oil-producers last week, crude oil price is still plunging as the coronavirus continues to spread and…

Apr 20, 2020, 05:30 BST

Silver Price (XAGUSD) Slides Below Support, Forms Head and Shoulders. Is a Sell-Off in Store?

While higher-yielding assets like stocks and risk currencies benefitted from today’s positive market sentiment, silver price did not. The commodity…

Apr 17, 2020, 19:04 BST

Copper Price Continues Revival After China GDP Spurs Recovery Hopes

Copper price, inherently linked to the state of the Chinese economy, continues to claw back on the steep losses suffered…

Apr 17, 2020, 17:41 BST

Crude Oil Price Breaks Above $25 On Economy Reopening Plans

Crude oil price started with a gap higher on news that President Trump is preparing a plan to reopen the…

Apr 17, 2020, 09:14 BST

Gold Price Aims At $1,675 As Hopes Of A Coronavirus Cure Rise

Gold price headed lower as volatility dropped in overnight trading. This happened after it emerged that a drug manufactured by…

Apr 17, 2020, 08:32 BST

3 Reasons Why Silver Price Is Down By 0.25% While Gold Is Up 0.50% Today

Silver price wobbled today as investors continued to focus on the state of the global economy. Its price dropped by…

Apr 16, 2020, 11:43 BST

Crude oil price under pressure on demand concerns; OPEC report eyed

Crude oil price was under pressure as investors continued to focus on demand and supply. The price of Brent and…

Apr 16, 2020, 08:14 BST