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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.
Brent crude oil price extends losses on Monday despite a positive opening in the Asian trading session. Oil price lost over 6% the previous week to trade below the $40 mark
Copper price is up by more than 0.50% as investors remain optimistic a coronavirus vaccine. The metal is trading at $3.0463, which is slightly below the year-to-date high of $3.0732. Other metals are also rising today, with gold, silver, and palladium rising by more than 0.20%. Copper has been in...
The silver price is consolidating with other commodities as the market awaits the next move from the U.S. dollar. Greenback weakness in July saw silver break out from under $20.00 to prices near $30.00. This move was then capped by a dollar rebound and the next move will be critical.
Global stocks are in the green as investors react to several positive corporate events that happened during the weekend. In Asia-Pacific, the Nikkei 225, Hang Seng, and ASX 200 are up by 0.55%, 0.55%, and 0.60%, respectively. In Europe, futures tied to the DAX index, CAC 40, and Stoxx 50 […]
Crude oil price is little changed today as traders reflect on the recent plunge and the rising inventories from the United States. Brent is down by 0.15% and is trading at $40 while West Texas Intermediate (WTI) is unchanged at $37.3. In a report yesterday, the Energy Information Administration (EIA)...
Silver price (XAGUSD) is little changed today as traders wait for inflation data from the United States. The metal is trading at $26.75, which is slightly lower than yesterday’s high of $27.50. Other metals are mixed today, with gold falling by 0.75% and copper price rising by 0.65%. Silver has...
