Commodities

Copper Price Plunges as Chinese Data Highlight the Economic Impact of Coronavirus

Copper price is down by 4.20% in today’s trading as economic data from China provide a glimpse of the economic…

Mar 16, 2020, 10:30 GMT

Gold Price Struggling to Regain Safe Haven Bid Amid Rate Cuts and Coronavirus Woes

Gold price opened higher today after the Federal Reserve cut rates in an emergency meeting as the coronavirus pandemic continued…

Mar 16, 2020, 05:59 GMT

Copper Prices Rebound On China’s Promised Stimulus; Upside Limited

Copper prices rebounded on Friday after China announced a $570 billion stimulus package. The stimulus package, according to analysts close…

Mar 13, 2020, 15:59 GMT

Silver Prices (XAGUSD) Slide As Industrial Demand Drops Off

Silver prices extended their slide for the 6th consecutive day as travel bans and visa restrictions imposed to the coronavirus…

Mar 13, 2020, 14:33 GMT

Crude Oil Price Recovers All of Yesterday’s Losses

Crude oil price managed to rebound from yesterday's heavy loses amid signs of improvement in investors sentiment after government interventions…

Mar 13, 2020, 14:27 GMT

Gold Price – XAUUSD Slumps Despite Risk Aversion. Why?

Gold price traded sharply lower against the US dollar in yesterday’s trading despite the Fed increasing money supply and risk…

Mar 13, 2020, 05:46 GMT

Crude Oil Price Slumps Amid Travel Restrictions

Crude oil price continues lower for one more day as the global sell-off intensifies amid the coronavirus spread around the…

Mar 12, 2020, 16:46 GMT

Gold Price at Weekly Lows on Profit Taking

Gold price continues lower for third day in a row as the selloff in the markets continue with Dow Jones…

Mar 12, 2020, 07:50 GMT

Silver Price – XAGUSD Tests Critical Support at $16.50. Will It Hold?

Silver price traded sharply lower in today’s Asian session following US President Trump’s announcement of fiscal measures and WHO declaring…

Mar 12, 2020, 05:38 GMT

Copper Price Losing Ground As Coronavirus Fears Reappear in Markets

Copper price has resumed its downside trajectory as coronavirus-induced market fears continue to permeate the financial markets on Wednesday. Copper…

Mar 11, 2020, 15:58 GMT