Commodities

Silver Price Outlook: Bearish Pennant Violation Opens the Door Towards $24

Silver price (XAG/USD) was hit with some strong selling after the fall in the Turkish Lira sparked a risk-averse environment…

Mar 22, 2021, 14:09 GMT

Gold Price Outlook: XAU/USD Finds Support At 1730

Gold prices opened the week amid some bearish pressure, which sent the XAU/USD trading lower by $17. The risk-averse sentiment…

Mar 22, 2021, 13:17 GMT

Crude Oil Price Bounces from Support, But Bears Likely to Push for More

Last week saw the crude oil price declining over 7% on a single trading day. The move lower triggered some…

Mar 22, 2021, 10:45 GMT

Bearish Pennant Could Force Silver Prices (XAG/USD) Below $26

Spot silver prices (XAG/USD) were able to inch higher this Friday, retaining the consolidation that has been the lot of…

Mar 19, 2021, 18:01 GMT

Crude Oil Price Outlook: Downside Risks Persist Despite Recovery

Crude oil price on the Brent benchmark is starting to pick up after yesterday's huge slide.  On Thursday, demand concerns…

Mar 19, 2021, 16:54 GMT

Gold Price Outlook: XAU/USD Upside Limited As Fed Ends SLR Exemption

Gold price (XAU/USD) appears to have run out of any form of bullish momentum after the Fed announced Friday it…

Mar 19, 2021, 14:39 GMT

What Next for Crude Oil Prices After Plunge?

Crude oil prices are trading sideways after the plunge in Thursday’s session. The drop in prices followed a series of…

Mar 19, 2021, 14:38 GMT

Copper Price: Fundamentals Favour Copper Price to Stay Above $4/Pound

Copper prices recovered from the early intraday slump, after the rise in US bond yields slowed, thus providing support to…

Mar 19, 2021, 12:58 GMT

Palladium Breaks Past $2500; Targeting Pre-Pandemic Highs At $2,700/Ounce

Supply concerns are bringing attention to palladium prices, which rose nearly 14% in two days to briefly shoot beyond the…

Mar 18, 2021, 14:29 GMT

Gold Price Under Pressure as US 10-Year Yields Rise

Gold price recovered some of the lost ground as bulls pushed it above $1,700 recently. However, the price of gold…

Mar 18, 2021, 08:32 GMT