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 prices

Gold Prices Inch Above $1950 On Brexit No-Deal Fears

Gold prices are up today as fears of a no-deal Brexit have re-emerged. This is all due to the latest proposal by the UK government to enact a law that could violate the Brexit Withdrawal Agreement. The new Internal Markets Bill seeks to allow the Northern Ireland secretary to take...

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Crude Oil prices

Oil Seeking Support – Floating Storage Back in Play

The crude oil price was higher yesterday after a recent run of bearish days. Yesterday's gains were spurred by a bounce in stock markets, but also signs of tighter gasoline stocks in the weekly inventory release.

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silver price

Silver Price Seeks Support at $26 as Commodities Continue a Correction

The silver price has seen a correction from the August 7th highs at $29.86. and the market moved lower to test the $26.00 price. A rebound in the U.S. dollar has spurred losses in commodities and we are also seeing weakness in stocks, which has taken the wind out of...

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gold price

Gold Price: ‘Higher Demand Will Push XAUUSD to $2,300 by 2021’ – Rotbart

Gold price (XAUUSD) is still in consolidation after falling sharply on August 11. The metal is trading at $1928, which is about 0.30% lower than yesterday’s closing price. Similarly, silver and copper prices are all in the red today. Why Gold is Dropping There are three primary reasons why gold...

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WTI Crude Oil price

Brent Crude Collapses Below $40 As Markets Plunge

Risky commodities continue to bear the brunt of the sustained selloff which has seized hold of the global markets since Thursday last week. Today’s selloff saw crude oil prices of the Brent crude benchmark drop below $40 for the first time since 29 June. This downward move extends the losing...

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