Commodities

Gold Price Drops on Positive US Data, Tests Trend Line Support Ahead of FOMC

XAUUSD Drops on Positive Consumer Confidence Report For the first time in five trading days, gold price finished lower in…

Jan 29, 2020, 05:00 GMT

Crude Oil Price Rebounds On Possible OPEC Cut Extensions

Crude oil prices are experiencing a rebound today on a Reuters report of a possible extension of production cuts agreed…

Jan 28, 2020, 14:05 GMT

WTI Crude Oil Price Forms Bearish Pennant at 3-Month Lows

After falling by 12.62% since January 20, it would seem that the fall in WTI crude oil price has come…

Jan 28, 2020, 06:01 GMT

Gold Price (XAUUSD) Consolidates Amid Lack of Updates on China’s Coronavirus

Without any fresh catalyst, gold price consolidated throughout yesterday’s trading. XAUUSD traded between $1,575.63 and $1,586.04 before finishing the day…

Jan 28, 2020, 05:00 GMT

Coronavirus Contagion Spreads, Batters Brent Crude Oil Price

The coronavirus contagion of the markets is back in full swing on Monday, battering crude oil price as risk-off sentiment…

Jan 27, 2020, 14:27 GMT

Copper Price Takes a Further Plunge on Coronavirus Spread

Copper price took an Antipodean plunge today as the Coronavirus epidemic continues to spread at an alarming rate. New cases…

Jan 27, 2020, 13:35 GMT

Silver Prices Gets Attention Above $18.12

Silver price (XAGUSD) trades higher today amid rising fears on the coronavirus spread. The virus has killed 80 people and…

Jan 27, 2020, 11:25 GMT

WTI Crude Oil Price Opens At Its 3-Month Lows as Coronavirus Fears Intensify

WTI crude oil dropped over 2.5% on Friday as CFDs closed at $54.21 from its open price of $55.63. As…

Jan 27, 2020, 06:00 GMT

Gold Price XAUUSD Gaps Higher on Coronavirus and Iraq Attacks

Gold price gapped over $9 over the weekend as risk aversion dominated the start of this week’s trading. XAUUSD opened…

Jan 27, 2020, 05:00 GMT

Crude Oil Price Continues Slide to 7-Week Lows on Oversupply Concerns

Crude oil price on the Brent crude oil variant continued its descent to 7-week lows on the back of oversupply…

Jan 24, 2020, 15:37 GMT