Commodities Market News - Gold prices, Crude oil,Copper

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.

Crude Oil Price Retreat As Coronavirus Impact Bites

Commodities Feb 18, 2020, 09:04 GMT by Nikolas Papas

Crude oil price trades lower today as the rebound from the recent lows at $53.08 pause. Black gold managed to rebound the previous week as coronavirus fears ease. But the headlines are not favourable for crude as Japan reported yesterday an economic contraction for the fourth quarter of 2019, while [...]

Respite for Copper Price from Coronavirus, But Downside Risks Remain

Commodities Feb 17, 2020, 17:12 GMT by Eno Eteng (MSTA)

Copper price has been able to stage a weak recovery even as the Chinese government cut interest rates and provided an additional stimulus to combat the coronavirus effects on the market. However, downside risks remain, and the XCUUSD pair finds itself in a consolidation formed by the rising wedge. China [...]

Silver Prices Tick Up As China Steps up Coronavirus Containment

Commodities Feb 17, 2020, 13:10 GMT by Eno Eteng (MSTA)

Silver prices are up this Monday, even as China steps up its containment activities to stop the spread of the coronavirus. Trading is limited on this day in observance of the Presidents’ Day in the US and Family Day in Canada. The XAGUSD is presently trading at $17.80, which is [...]

Crude Oil Price Capped Around $52 As Coronavirus Fears Linger

Commodities Feb 17, 2020, 11:16 GMT by Eno Eteng (MSTA)

Further upside in crude oil price appears increasingly uncertain as coronavirus fears continue to linger despite data from China’s National Health Commission showing a drop in the number of new infections. The recovery of crude oil price beyond $52 appears uncertain in Monday trading. Bulls continue to seem wary of [...]

Gold Price Close to Two Week Highs on Coronavirus Uncertainty

Commodities Feb 17, 2020, 09:47 GMT by Nikolas Papas

Gold price started the week 0.15% lower at 1581.03 as the precious metal consolidates close to two-week highs. Investors are trying to access the coronavirus impact on the global economy amid confusing signals out of China and a rising number of cases and deaths. Hubei province the epicentre of the [...]

Gold Eyeing 1600 As Bulls Take Control on Coronavirus Troubles

Commodities Feb 14, 2020, 16:03 GMT by Eno Eteng (MSTA)

Gold price (XAUUSD) is eyeing 1600 as bulls appear to have taken control of the market on St.Valentine’s Friday trading. Gold price is trading at 1582 after the coronavirus-related fears refuse to go away. Gold is also benefiting from unconvincing retail sales figures, which met the consensus numbers but failed [...]

Crude Oil Price Showing Firm Recovery On OPEC Cut Hopes

Commodities Feb 14, 2020, 12:46 GMT by Eno Eteng (MSTA)

Crude oil prices on the Brent variety have been able to shake off the slight drop recorded on Thursday to stay on target at reclaiming the $57 price level. Crude oil price uplift is gaining momentum from hopes on deeper production cuts by OPEC and its partners, collectively known as [...]

Gold Price Trades Higher on Disappointing US CPI

Commodities Feb 14, 2020, 05:00 GMT by Angeline Feliciano

Gold price was already off to a bullish start in yesterday’s trading amid coronavirus concerns but traded even higher on disappointing US CPI. XAUUSD was consolidating around $1,575.00 ahead of the report then rallied to $1,578.05 following the release. By the end of the New York session, it had settled [...]

WTI Crude Oil Price Tests Neckline Resistance; Resistance at $56.00 Eyed

Commodities Feb 14, 2020, 04:00 GMT by Angeline Feliciano

WTI crude oil CFDs traded higher for the most part yesterday and despite concerns with the coronavirus outbreak, losses on the commodity were limited. It finished yesterday’s trading at $51.48, 12 cents below its opening price. Earlier this week, risk aversion dominated market sentiment as China reported close to 15,000 [...]

Gold Price Trades Higher as China Reports Biggest Single-Day Increase in Coronavirus Cases

Commodities Feb 13, 2020, 06:00 GMT by Angeline Feliciano

Just when investors thought the coronavirus outbreak was slowing down, China reported 14,480 new cases. Consequently, risk aversion dominated market sentiment and highlighted gold’s safe haven reputation. Gold price is currently trading $7.5 from its opening price at $1,573.13. According to government reports, this record-number in new cases is for [...]

Breaking News

Crude Oil Price Retreat As Coronavirus Impact Bites

Respite for Copper Price from Coronavirus, But Downside Risks Remain

Silver Prices Tick Up As China Steps up Coronavirus Containment

Crude Oil Price Capped Around $52 As Coronavirus Fears Linger

Gold Price Close to Two Week Highs on Coronavirus Uncertainty

Gold Eyeing 1600 As Bulls Take Control on Coronavirus Troubles

Crude Oil Price Showing Firm Recovery On OPEC Cut Hopes

Gold Price Trades Higher on Disappointing US CPI

WTI Crude Oil Price Tests Neckline Resistance; Resistance at $56.00 Eyed

Gold Price Trades Higher as China Reports Biggest Single-Day Increase in Coronavirus Cases

SARS and Coronavirus Crisis

February 7, 2020

Video: Similarities Between SARS and Coronavirus Crisis for Traders

In this recording of a live webinar, InvestingCube’s Chief Editor, Alejandro Zambrano, looks at the SARS epidemic and the current Coronavirus 2019-nCoV breakout, and how it might affect the NZDUSD, Crude oil prices, the Hang Seng stock index, and the Shanghai Composite.

Q1 Global Market Outlook

Published: January 2020 | Authors: Alejandro Zambrano, Martin Lam, and Ramy Abouzaid.

GLOBAL MARKET OUTLOOK Q1, 2020

Watch Today’s Market Outlook

Our Best Trading Ideas for 2020

December 12, 2019

InvestingCube’s Best Trading Ideas for 2020

The year is almost over, and it is time to try to figure out what 2020 has to offer. Read our special report today to learn which markets could be offering the best opportunities according to the InvestingCube team.