Commodities

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Crude Oil Price Plunges As Coronavirus Wreaks Havoc on Global Markets

Crude oil price action may be in for a sustained slump if the current market sentiment is anything to go…

Feb 28, 2020, 15:55 GMT

Silver Price Erases Coronavirus Gains, 10% Lower From Monday Highs

Silver price (XAGUSD) slumps today to two-month lows giving up 4.77% at 16.90 as investors liquidate cash positions ahead of…

Feb 28, 2020, 15:28 GMT

Gold Price Retreat on Speculation of Central Banks Intervention

The gold price retreats today to weekly lows despite the broad risk-off sentiment. Gold is in profit-taking mode ahead of…

Feb 28, 2020, 13:26 GMT

WTI Crude Oil Price Heads to December 2018 Lows as Russia Fails to Answer Calls for Production Cuts

WTI crude oil price is heavily being sold off in today’s Asian session. After opening at 46.20, the commodity’s CFD…

Feb 28, 2020, 08:00 GMT

Crude Oil Price Takes A Severe Pounding On Coronavirus Fears

The continued spread of the coronavirus outside China has taken a significant toll on risky commodity assets, as crude oil…

Feb 27, 2020, 15:15 GMT

Crude Oil Price Hits January 2019 Levels

Crude oil price continues south for the fifth consecutive day as investors worry that the coronavirus impact will affect the…

Feb 27, 2020, 09:04 GMT

Gold Price Consolidates at Fib Levels: Will XAUUSD Rally Or Drop?

Yesterday was a relatively quiet day for gold price. Despite rising numbers of coronavirus cases, upside movement on XAUUSD was…

Feb 27, 2020, 08:00 GMT

Crude Oil Price Hits 13-Month Lows Amid Coronavirus Fears

Crude oil price trades sharply lower today cancelling the positive momentum that formed after the rebound from the recent lows…

Feb 26, 2020, 10:04 GMT

Gold Price Recovers Yesterday’s Profit Booking Losses

The gold price rebounds today after yesterday’s profit-taking after making fresh nine-year highs. Investors are moving to safe-haven assets amid…

Feb 26, 2020, 08:44 GMT

Crude Oil Price Falls as IEA Chief Hints At Lower Demand Forecast

Crude oil prices are trading lower for the 4th straight day after the Head of the International Energy Agency (IEA)…

Feb 25, 2020, 12:57 GMT