Commodities

Gold Price: On Its Way to $1,560

Gold price looks bearish as bearish can be as it keeps forming lower lows without able to bounce significantly. Investors…

Mar 04, 2021, 08:26 GMT

Silver Price Ascending Triangle Nears its Convergence Zone

The silver price is in a tight range as traders wait for the outcome of Joe Biden’s $1.9 trillion stimulus…

Mar 03, 2021, 11:09 GMT

Crude Oil Price Consolidates Around $60 Ahead of US Inventories and OPEC Meeting

Crude oil price was the star of the previous month as the bullish price action seen at the start of…

Mar 03, 2021, 08:46 GMT

Gold Price Outlook: XAU/USD Could Hit Sub-1700 Levels on Positive US Data

Spot gold prices (XAU/USD) continue to drop after US 10-year bond yields began to recover from recent declines. New multi-month…

Mar 02, 2021, 17:45 GMT

Copper Price Could Correct to $8500/ton, But Long-Term Bullish Bias Remains – Commerzbank

Commerzbank is predicting that the price of copper per tonne would dip to $8500. The prediction was provided by Senior…

Mar 02, 2021, 15:52 GMT

Crude Oil Price Outlook: OPEC+ Meeting Holds the Key

The focus of crude oil markets shifts towards the OPEC + alliance, which meets this Thursday to reappraise the existing…

Mar 02, 2021, 14:14 GMT

XAG/USD Could Decline Below $26.00 As US ISM Manufacturing PMI Fails to Boost Silver Prices

Spot silver prices were a tad higher in Monday's London session as bond yields pulled back. However, a bounceback in…

Mar 02, 2021, 12:35 GMT

Brent Crude Oil Price Pullback Likely Ahead of OPEC+ Meeting

The crude oil price declined sharply in the overnight session as traders focused on the upcoming OPEC+ talks and US…

Mar 02, 2021, 07:30 GMT

Crude Oil Price Up Slightly As OPEC Output Falls in February

Crude oil prices have shown marginal gains this Monday after Reuters reported a drop in the total oil output from…

Mar 01, 2021, 14:36 GMT

Gold Price Below Critical Support – More Downside Lies Ahead

Gold price fell below $1,760 last week. The level acted as important support several times, but eventually, the bears prevailed.…

Mar 01, 2021, 11:27 GMT