Commodities

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

Crude Oil Price Slides Lower on WHO’s Coronavirus Announcement

Crude oil price on Brent and the WTI varieties extended their steep slides on the week as Coronavirus-induced risk-off sentiment…

Jan 31, 2020, 17:25 GMT

Copper Price Continues Steep Slide on Coronavirus Fears

As the coronavirus continues to spread to all regions in China and abroad, copper futures (XCUUSD) continue to take a…

Jan 31, 2020, 13:22 GMT

Crude Oil Price Pairs Gains After Two Coronavirus Cases Confirmed in UK

Crude oil price gives up early gains and it is marginally on the positive territory after reports of two confirmed…

Jan 31, 2020, 11:34 GMT

Gold Price Drops to Trend Line Support Following US GDP Report

Gold price traded lower yesterday against the US dollar following the preliminary US GDP report. XAUUSD initially trended higher to…

Jan 31, 2020, 07:00 GMT

Silver Price Rebound Bulls In Control Above $17.51

Silver price (XAGUSD) managed yesterday to recover all of the sharp losses during the European trading session. The three days…

Jan 30, 2020, 09:11 GMT

Gold Price Eyes $1,588.00 as the Federal Reserve Shifts to a More Dovish Stance

Gold price benefitted from yesterday’s FOMC statement. XAUUSD was initially consolidating between $1,569.00 to $1,572.00 prior to the release. However,…

Jan 30, 2020, 06:00 GMT

WTI Crude Oil Price Drops Below $53.00 on US Inventories

WTI crude oil price gave up all of its gains from Tuesday and resumed its down trend in yesterday’s trading.…

Jan 30, 2020, 05:00 GMT

Silver Prices Crash As Risky Assets Shake Off Coronavirus Bug

Silver prices (XAGUSD) tanked on Wednesday on the back of increased bids on risky assets, as markets start to shake…

Jan 29, 2020, 13:40 GMT

Crude Oil Price Rebounds From Three Month Lows

Crude oil price trades higher today supported by the OPEC+ comments that they might deepen the output cuts to support…

Jan 29, 2020, 11:04 GMT