Commodities

Silver Price Collapses Under USD Strength As FOMC Turns Hawkish

Following the hammer blow that the FOMC delivered to USD sellers yesterday, silver prices plummeted yet again, losing nearly 2.62%…

Jun 17, 2021, 14:08 BST

Gold Price Confirms Head and Shoulders Formation, More Weakness Lies Ahead

The price of gold took a hit as the Federal Reserve of the United States took markets by surprise and…

Jun 17, 2021, 09:07 BST

Gold Price (XAU/USD) Falls Hard On Hawkish FOMC Projections

Gold price tanked shortly after the FOMC decision, as the US Federal Reserve appears to have assumed a more hawkish…

Jun 16, 2021, 21:14 BST

Crude Oil Price Hits New 2021 High On Rising Demand

Crude oil prices rose for a fifth straight day on Wednesday, hitting $75 a barrel to attain its highest levels…

Jun 16, 2021, 18:18 BST

Crude Oil Price: $74 in the Horizon after Largest Draw in 9 Months

Crude oil price has eased as investors await EIA’s inventory data later in the day. Earlier on, WTI futures rose…

Jun 16, 2021, 09:16 BST

The Copper price slumps on profit-taking, as traders mull China curbs

Following yesterday's 4% drop, the copper price is lower overnight, as fears the top consumer will release its strategic reserves…

Jun 16, 2021, 07:47 BST

Gold Price Under Pressure Ahead of the Fed Meeting

The price of gold did not reflect the rise in prices of goods and services in the United States. Inflation…

Jun 15, 2021, 09:53 BST

Crude Oil Price Rises to 2-Year Highs As Net Long Positions Rise

The latest CFTC Positioning Report indicates a rise in net long positions on crude oil. This increase has allowed the…

Jun 14, 2021, 15:01 BST

Silver Price: What to Expect Ahead of Fed Interest Rate Decision

Silver price is trading lower ahead of the Fed interest rate decision scheduled for Wednesday. On the one hand, investors…

Jun 14, 2021, 12:19 BST

Crude Oil Price – Bullish Breakout, Ascending Triangle Points to $75

Crude oil price broke higher at the start of the month, and the bullish price action continues. The market kept…

Jun 14, 2021, 08:57 BST