Commodities

WTI Crude Oil Price Technicals Suggest A Potential Rally Above $53.00

Contrary to gold, WTI crude oil price benefitted from news of a potential coronavirus vaccine. For the first time in…

Feb 06, 2020, 07:00 GMT

Gold Price Under Pressure Amid Coronavirus Vaccine, Positive US Data, and Trade War Updates

After yesterday’s drop, gold price continues to be under selling pressure today on news coming out of China. Gold price…

Feb 06, 2020, 06:00 GMT

Crude Oil Price Holds Gains Despite Rise in Crude Oil Inventories

Despite a rise in crude oil inventories by 3.4million barrels, crude oil price on the Brent variety managed to hold…

Feb 05, 2020, 16:47 GMT

Gold Price – XAUUSD Drops on News of a Breakthrough in Coronavirus Vaccine

Gold price dropped more than $8 in the last hour of trading as news of a breakthrough in the coronavirus…

Feb 05, 2020, 09:15 GMT

Silver Price Trades Steady as WHO Dispels Coronavirus Fears…For Now

Silver price is trading in a tight intraday range after the WHO helped dispel coronavirus fears yesterday, allowing some element…

Feb 04, 2020, 13:42 GMT

WTI Crude Oil Price Bounces from 13-Month Lows, Cautiously Trades Above $50.00

WTI crude oil price CFDs are up close to $1 from its Asian session lows as market sentiment has improved.…

Feb 04, 2020, 07:00 GMT

Gold Price Falls Below Trend Line Support: Could the Rally be Over?

What Pushed Gold Price Lower? The recent rally on gold price has mostly been driven by fears around the coronavirus…

Feb 04, 2020, 06:00 GMT

Coronavirus: OPEC Plans Output Cuts to Shore Up Crude Oil Price

Crude oil price on the Brent and WTI varieties were slightly higher on the day as a Reuters report indicates…

Feb 03, 2020, 12:28 GMT

Gold Price Retreat on PBOC Stimulus

Gold price retreat from two-week highs today as China central bank step in to support the battered Chinese economy. The…

Feb 03, 2020, 10:56 GMT

Crude Oil Price Hits Eight-Month Lows on Demand Fears

Crude oil price is 0.13% lower at $51.46 amid demand fears due to the coronavirus outbreak. The U.S. issued a…

Feb 03, 2020, 07:47 GMT