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 Price Outlook: XAU/USD Finds Support At 1730

Gold prices opened the week amid some bearish pressure, which sent the XAU/USD trading lower by $17. The risk-averse sentiment that the markets kicked off the week with continues to favour a strong dollar this Monday, but this strength appears to have ebbed a little, allowing the XAU/USD to locate […]

WTI Crude Oil price

Crude Oil Price Outlook: Downside Risks Persist Despite Recovery

Crude oil price on the Brent benchmark is starting to pick up after yesterday’s huge slide.  On Thursday, demand concerns following another round of huge coronavirus infections in Europe, with accompanying lockdowns and restrictions in France, triggered a new round of selling on the Brent crude benchmark.  Supply delays of the […]

crude oil price

What Next for Crude Oil Prices After Plunge?

Crude oil prices are trading sideways after the plunge in Thursday’s session. The drop in prices followed a series of bearish news over the past week. To start with, the rise in US crude oil inventories came as a surprise to investors who have been betting on the recovery of […]

Gold prices

Gold Price Under Pressure as US 10-Year Yields Rise

Gold price recovered some of the lost ground as bulls pushed it above $1,700 recently. However, the price of gold is inversely correlated to the movement in the US 10-year yield, which means that bears will likely push it towards new lows. Gold is seen as a hedge against inflation, […]