Commodities

WTI Crude Oil Price Falls After API Inventories Report But Still Looks Bullish

API Reports A Surprising Build in Inventories WTI crude oil price traded higher for the most part of yesterday’s trading…

Feb 12, 2020, 07:00 GMT

Gold Price Trades Lower on Risk Appetite Sparked By Powell’s Optimism

Gold price fell in yesterday’s trading as Federal Reserve Chairman Jerome Powell expressed his optimism for the US economy amid…

Feb 12, 2020, 06:00 GMT

Silver Price – XAGUSD Trades Within A Symmtrical Triangle; Powell’s Testimony Eyed

Symmetrical triangle spotted! Silver price, unlike gold, has spent most of the past few weeks’ trading in consolidation. This becomes…

Feb 11, 2020, 09:02 GMT

Has WTI Crude Oil Price Bottomed Out?

WTI crude oil price dropped below the $50.00 level yesterday but found support at last week’s lows. Could this indicate…

Feb 11, 2020, 06:00 GMT

Gold Price Unchanged Ahead of Fed Reserve Chairman Powell’s Testimony

Gold price finished yesterday’s trading virtually unchanged without any major economic releases and significant developments on the coronavirus outbreak. XAUUSD…

Feb 11, 2020, 05:00 GMT

XAGUSD: Silver Prices Consolidate As Coronavirus Outbreak Continues

Silver price continues to trade sideways as the markets grapple with the impact of the coronavirus outbreak. The Chinese CPI…

Feb 10, 2020, 13:54 GMT

WTI Crude Oil Price Dips Despite A Drop In OPEC Oil Production

WTI crude oil price CFDs steadily traded lower on Friday after opening at $51.07 despite reports that the Organization of…

Feb 10, 2020, 07:00 GMT

Gold Price Rises on Higher US Unemployment, Resistance at $1,593.00 Eyed

Gold price rose in Friday’s trading following the mixed labor figures from the US. XAUUSD traded higher after the release…

Feb 10, 2020, 06:00 GMT

Crude Oil Prices Resume Drop As Russia Equivocates on Production Cut

Crude oil prices fell on Friday as the markets responded negatively to comments from Russian oil minister Alexander Novak’s remarks…

Feb 07, 2020, 15:29 GMT

WTI Crude Oil Price Looks Bearish Despite Production Cuts from OPEC+. Here’s Why.

WTI crude oil price CFDs finished yesterday unchanged at $51.05, down from its open price at $51.13, despite the OPEC+…

Feb 07, 2020, 07:00 GMT