Commodities

Silver Price Retreats As Upbeat NFP Data Lift US Dollar

Silver price activity has turned bearish this afternoon as upbeat Non-Farm Payrolls (NFP) data lifted the US Dollar. In beating…

Mar 06, 2020, 14:24 GMT

Crude Oil Price in Steep Drop On Delay In Output Cut Agreement

Crude oil price on the Brent crude benchmark has dropped steeply in Friday trading as there seems to be a…

Mar 06, 2020, 13:19 GMT

Safe-Haven Bids Send Gold Price at Seven-Year Highs

The gold price jumps above $1685 as investors are looking for cover in safe-haven assets such as gold and Japanese…

Mar 06, 2020, 11:04 GMT

Crude Oil Price Weakens As Global Demand Slumps

Crude oil price continues lower for the fourth day in a row as worries of a global recession reduce the…

Mar 06, 2020, 07:38 GMT

Silver Price – XAGUSD Tests 100 SMA and Fib Levels. Can It Extend Its Gains?

Will Resistance on the SMA and Fib Level Hold? Silver price has been consistently closing higher for the past four…

Mar 06, 2020, 04:12 GMT

Copper Price Vulnerable As Commodities Tumble from Coronavirus

Copper price action is showing vulnerability after Tuesday’s recovery, signalling that the coronavirus outbreak is once more weighing on commodity…

Mar 05, 2020, 15:33 GMT

Brent Crude Price Records Slight Pullback on OPEC+ Output Cuts

A Reuters news report monitored over the newswires is saying that the OPEC ministers have reached a consensus to cut…

Mar 05, 2020, 13:07 GMT

WTI Crude Oil Price Consolidates Ahead of OPEC Meeting

WTI crude oil price is trading within a $2.21 range ahead of the much-anticipated OPEC meeting. Its CFDs have found…

Mar 05, 2020, 05:51 GMT

Gold Price (XAUUSD) About to Break Out Higher?

Gold price spent yesterday’s trading in a range after it skyrocketed on Tuesday. XAUUSD had a $19 range, bottoming out…

Mar 05, 2020, 04:29 GMT

Brent Crude Price in Consolidation: OPEC+ Meetings In View

Brent crude has entered into consolidation after the emergency Fed rate cut of yesterday stifled price recovery, as the move…

Mar 04, 2020, 12:16 GMT