Commodities

Crude Oil Price Could Hit $70 On Lower-than-Expected Shortfall in US Crude Stocks

Rising demand outlook and a less-than-expected drop in US crude oil inventories are factors supporting crude oil prices in Wednesday's…

May 12, 2021, 16:02 BST

Silver Price (XAG/USD) Outlook: Path Towards $28 Gets Tougher On Rising US Consumer Inflation, Bond Yields

Silver price is currently trading lower in what has been a choppy day of trading for the XAG/USD pair. After…

May 12, 2021, 15:44 BST

Why is Gold Price (XAU/USD) Rising Despite Rising Consumer Inflation?

Gold price action has reversed earlier losses on the day after the US Consumer Price index number came in at…

May 12, 2021, 14:23 BST

Crude Oil Price Outlook: Key Levels Ahead of EIA’s Inventory Data

Crude oil price is still within a horizontal channel as the coronavirus pandemic remains as the greatest hurdle in the…

May 12, 2021, 07:01 BST

Silver Price Outlook: Bullish Bias Remains Above $26.86

Silver price action got an upside push due to dip-buying on Tuesday after the USD continued to experience a tinge…

May 11, 2021, 20:00 BST

Gold Price (XAU/USD) Struggles to Breach the $1828/$1840 Wall

Gold prices came under bearish pressure just before the NY session, but bulls have been able to snatch back most…

May 11, 2021, 17:54 BST

Commerzbank Projects New All-time Highs for Copper Price

The Senior Technical Analyst at Commerzbank covering the FICC desk, Axel Rudolph, has provided insight into the future copper price…

May 11, 2021, 16:49 BST

ABN Amro Sees Palladium as Important Metal Under a Global Green Economy

Strategists at ABN Amro have projected that Palladium and other platinum group metals, along with lithium, will see substantially higher…

May 11, 2021, 16:14 BST

Crude Oil Price Falls As OPEC Leaves 2021 Global Demand Forecast Unchanged

The Organization of the Petroleum Exporting Countries (OPEC) has, in its latest report, left its projections for world oil demand…

May 11, 2021, 14:24 BST

Silver Price: Key Levels to Watch as the Dollar’s Downtrend Eases

Silver price has eased after dropping from Monday’s intraday high of 27.88. This comes as the US dollar catches a…

May 11, 2021, 10:14 BST