Commodities

Gold Price: Pennant Formation Hints to More Upside

Gold looks bid at current levels, forming a possible pennant formation ahead of the inflation data in the United States.…

May 11, 2021, 09:29 BST

US Pipeline Cyberattack Not Expected to Push Crude Oil Price Above $70

Crude oil price on the Brent crude benchmark is trading flat, as concerns over India's coronavirus situation counteracts the initial…

May 10, 2021, 17:08 BST

Gold Price: Bullish Flag Signals Further Gains Ahead of US Inflation Data

Gold price has pulled back to 1,835.68 after hitting a three-month high of 1,842.89 last week. Rebounding of the 10-year…

May 10, 2021, 11:16 BST

Crude Oil Price Outlook Ahead of EIA’s STEO and OPEC’s Monthly Report

Crude oil price is trading higher as the market reacts to Friday’s cyberattack on the Colonial Pipeline system. Colonial Pipeline…

May 10, 2021, 08:36 BST

Copper Price Races Towards Record Highs As USD Takes NFP Hit

Copper price stormed to a new record high after bulldozing its way past the previous Feb 2011 record. This move…

May 07, 2021, 15:34 BST

Gold Price Hits 3-Month Highs After Huge NFP Disappointment

As predicted in the preview of the NFP using gold price action, disappointing numbers have meant that gold price (XAU/USD)…

May 07, 2021, 14:29 BST

Gold Price Breaking Out of An Ascending Triangle – More Upside Ahead

The price of gold had just broke higher after it managed to push through the horizontal resistance of an ascending…

May 07, 2021, 08:38 BST

Gold Price Outlook: NFP Report to Determine if XAU/USD Ends the Week Above $1,800

Gold price (XAU/USD) has gained nearly 1.62% as it surges above the $1800 price level for the first time since…

May 06, 2021, 18:43 BST

Crude Oil Price Falters at $70 Mark; May Fall Below $60 if the Flag is Broken

New concerns about India's devastating coronavirus 2nd wave erased crude oil price gains made earlier in Wednesday's New York session.…

May 06, 2021, 18:09 BST

Silver Price Outlook: XAG/USD Extends Rally Above the $27.00 Mark

Silver price (XAG/USD) edged higher this Thursday, enabling it to catch highs not seen in nearly 2-and-a-half months.  Lower bond…

May 06, 2021, 15:31 BST