Commodities

Read the latest Gold and Crude oil news by our experienced commodity traders and market strategists. We cover key markets such as Gold prices, Brent Crude Oil, West Texas Intermediate Crude oil, but also Copper, Palladium, and Platinum prices amongst others.  We aim to provide relevant commodity market news, insights on price drivers, and the key technical levels that traders are watching to make better-informed trades.

Gold Price

Gold Price Remains Weak Despite the NFP Bounce

The price of gold bounced from the $1,860 area last Friday on a worse than expected NFP report in the United States. Despite the general weakness in the dollar, the move higher did not break the series of lower highs, and now the market meets horizontal resistance. Commodities remain well […]

Gold prices

Gold Price (XAU/USD) Bounces After Lackluster NFP Report

Gold price (XAU/USD) has spiked 0.92% on the day after the lacklustre Non-farm Payrolls report that showed a modest rise in employment change and a lower unemployment rate. The NFP Employment Change came in at 559K, which was less than the consensus figure of 645K. Also, the unemployment date dropped […]

Silver Price: Here’s What to Expect After US Jobs Data

Silver price is on a rebound after the better-than-expected US jobs data triggered a plunge to $27.04.  According to the ADP nonfarm employment report, 978,000 additional individuals were employed in May compared to the forecasted 650,000. In April, that number was lower at 654,000. At the same time, the initial […]

Gold Price – Bearish on a Move Below $1,875

Gold price’s bullish run continues as the yellow metal keeps holding inside a rising channel. Moreover, it trades with a bid tone, as suggested by the series of higher highs and higher lows that is forming. However, gold has recently met dynamic resistance above $1,900, forming what appears to be […]