Commodities

Gold Price Rejected From Dynamic Resistance, More Weakness Expected

Gold price was unable to break the dynamic resistance given by a possible neckline of a head and shoulders pattern…

Feb 12, 2021, 08:05 GMT

Copper Price Fails to Surpass 8-Year Highs As Chinese New Year Begins

Copper price has retested eight-year highs amid the weaker dollar and optimism about vaccine-fuelled economic recovery. So far, copper price,…

Feb 11, 2021, 15:01 GMT

Crude Oil Price At Risk As Recovery from Dip Lacks Momentum

Crude oil price on the Brent crude benchmark halted its 7-day advance late yesterday, as concerns over new coronavirus variants…

Feb 11, 2021, 14:32 GMT

Platinum Price Rally Intact – But Healthy Pullback Likely

Platinum price rally is showing no signs of slowing down. The embattled metal rose to the highest level in more…

Feb 11, 2021, 08:27 GMT

Gold Price Pressured by the Strong Bitcoin Prices

Gold price is under intense pressure today after the relatively weak US inflation numbers and the renewed interest in Bitcoin.…

Feb 11, 2021, 06:38 GMT

Crude Oil Price Forecast: Is Brent Ripe for a Pullback?

The crude oil price is holding steady ahead of a potential stimulus in the United States and after relatively encouraging…

Feb 11, 2021, 06:16 GMT

Crude Oil Price Gains for 8th Straight Session on Massive US Crude Stocks Drawdown

Crude oil price made it a winning streak of 8 days, as traders continued to assume risky sentiment that pushed…

Feb 10, 2021, 19:12 GMT

Can Crude Oil Price Hits 13-Month Highs; Marching Towards $65

After starting the day in a bearish position, crude oil prices bounced off strongly off session lows as risk-on sentiment…

Feb 09, 2021, 17:31 GMT

Gold Price Outlook: Stimulus Talk Boost Recovery Towards $1850

Gold prices have continued their amazing recovery and look set to post a 3rd straight day of gains after renewed…

Feb 09, 2021, 13:55 GMT

Copper Price Attempts Another Run Towards $3.73/Pound

Copper prices rose for the 2nd straight day, after top producer Peru announced a year-on-year drop in copper production. Following…

Feb 08, 2021, 15:45 GMT