Commodities

Crude Oil Price Bullish Run Continues After OPEC Did Not Increase Supply

Crude oil price broke above the upper edge of a rising channel in a move that suggests further strength. Last…

Mar 08, 2021, 10:44 GMT

Gold Price Under Pressure as Yields Rise in the US

Gold price broke below $1,600 as the yields in the United States continue to rise. Last week Jerome Powell, the…

Mar 08, 2021, 09:54 GMT

3 Reasons Why Crude Oil Price is Soaring Today

The crude oil price spiked today after the US Senate passed Joe Biden’s stimulus package during the weekend. The price…

Mar 08, 2021, 07:22 GMT

Crude Oil Price On the Way to $70 After OPEC + Agrees to Extend Output Curbs

Crude oil prices on both benchmarks surged on Friday after OPEC + oil producers agreed to extend the current production…

Mar 05, 2021, 16:54 GMT

Gold Price Outlook: Stellar NFP Numbers Could Send XAU/USD Below $1700.

Bearish bias on the XAU/USD pair has been retained, following the better-than-expected outcome of the Non-Farm Payrolls report. Data released…

Mar 05, 2021, 14:32 GMT

Gold Price and Inflation Expectation Sends Mixed Signals

Gold price is struggling. Its price has declined to $1,695, which is the lowest it has been since June last…

Mar 05, 2021, 07:26 GMT

Silver Price: XAG/USD Slides Towards $25 As Fed’s Powell Dismisses Bond Yield Increase

Silver prices on the XAG/USD pair are plunging, as are other commodities, as the intraday strengthening of the US Dollar…

Mar 04, 2021, 19:53 GMT

Copper Price Outlook: XCU/USD Still On Track to Attain 2011 Highs Despite Correction

A rising US Dollar is pushing back against risky commodity assets, and the 3.07% slump in copper price this Thursday…

Mar 04, 2021, 15:37 GMT

Gold Price: Can Fed Chair Powell Stop XAU/USD from Plunging Below $1700?

Gold price may have rebounded slightly this Thursday, but it remains under pressure as it continues to get squeezed by…

Mar 04, 2021, 15:18 GMT

Crude Oil Price: $70 Looks Viable If OPEC + Rolls Over Production Curbs

Crude oil prices on the Brent crude benchmark are slightly higher today, but traders have had to endure a very…

Mar 04, 2021, 13:04 GMT