Commodities

Gold Price (XAU/USD) Soars After FOMC Sets Rates Lift-Off for 2023

Gold prices are ticking upwards, buoyed by the FOMC statement which plots a resumption of rate hikes in 2023 in…

Mar 17, 2021, 19:24 GMT

Crude Oil Price: Rising Dollar, Demand Concerns Keep Brent Crude Below $70

Demand concerns from Europe have overcome a slight drawdown of US crude oil stocks, keeping crude oil prices below $70…

Mar 17, 2021, 16:24 GMT

Crude oil prices on a trading range ahead of IEA report

Crude oil prices are trading sideways ahead of data from the US government on oil inventories. Late on Tuesday, the…

Mar 17, 2021, 07:58 GMT

Silver Price Outlook: Technical Setup Indicates a Potential Drop Below $25

Spot silver prices have dropped below the $26 mark amid a lack of market fundamentals supporting the upside. Indeed, silver…

Mar 16, 2021, 16:10 GMT

Silver Prices Forecast: Double Top or Ascending Triangle?

Silver prices remain on a consolidation pattern for the second session as investors await the US retail sales data later…

Mar 16, 2021, 11:51 GMT

Gold prices: Ascending triangle signal the end of its range-bound trading

Gold prices have been range-bound over the past three sessions. The precious metal has been trading within the range of…

Mar 16, 2021, 10:24 GMT

Gold Price Remains Bearish Despite Attempting to Form a Bottom

Gold price recovered recently and showed some signs of bottoming. In fact, traders may spot a small head and shoulders…

Mar 16, 2021, 08:14 GMT

Crude Oil Prices Drop As Germany Suspends AstraZeneca COVID-19 Vaccination

Crude oil prices on the WTI and Brent benchmarks are trading lower this Monday after taking a hit from European…

Mar 15, 2021, 18:28 GMT

Gold Prices Forecast: Bitcoin Surge Puts Gold in the Defensive

Gold prices are being pressured by the resurgent Bitcoin price ahead of the Fed interest rate decision. The yellow metal…

Mar 15, 2021, 06:34 GMT

Copper Prices Falter on Rising Bond Yields, China Steel Production Curbs

Copper prices fell on Friday after China's measures to combat pollution sparked demand concerns. Investors, worried that new measures to…

Mar 12, 2021, 16:15 GMT